Trane Technologies Reports Revenue Growth in First Quarter of 2025
- brg_news_room
- May 1
- 1 min read
Ireland: Trane Technologies has reported revenues of USD 4.7 billion in the first quarter of 2025, reflecting an 11 percent increase compared to the same period in 2024. The company's operations in the Americas generated USD 3.8 billion, up 14 percent year-on-year. Revenue in the Europe, Middle East and Africa (EMEA) region rose by 4 percent to USD 573.5 million, while revenue in the Asia Pacific region declined by 4 percent to USD 314.3 million.
The company recorded enterprise bookings of USD 5.3 billion, resulting in a book-to-bill ratio of 113 percent. The enterprise backlog stood at USD 7.3 billion, representing an increase of approximately USD 500 million compared to the end of 2024. Reported earnings per share (EPS) from continuing operations under GAAP were USD 2.71, while adjusted continuing EPS was USD 2.45, marking a 26 percent increase year-on-year. The company has reaffirmed its full-year guidance and anticipates performance towards the upper end of the projected range.
Source: Trane Technologies
