Trane Technologies plc has reported strong financial results for the second quarter of 2025, showing a notable increase in net revenues and earnings per share $(EPS)$. The company's net revenues for the quarter reached $5.746 billion, up from $5.307 billion in the same period of 2024. For the first six months of 2025, net revenues amounted to $10.435 billion, compared to $9.523 billion in the first half of 2024. The company recorded a GAAP continuing EPS of $3.87, with an adjusted continuing EPS of $3.88, reflecting an 18 percent increase compared to the previous year. Trane Technologies highlighted record enterprise bookings of $5.6 billion, representing a 5 percent increase, with organic bookings up by 4 percent. The strength in bookings was led by a significant rise in Americas Commercial HVAC applied solutions, which saw an increase of over 60 percent. The enterprise backlog at the end of the quarter was $7.1 billion, marking a 6 percent increase from the end of 2024. Trane Technologies has raised its full-year revenue and EPS guidance, indicating an optimistic outlook for the remainder of the year. The company continues to focus on delivering efficient and sustainable climate solutions through its strategic brands, Trane® and Thermo King®.
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