Trane Technologies PLC (TT)
304.85
+5.48
(+1.83%)
USD |
NYSE |
Apr 26, 16:00
303.03
-1.82
(-0.60%)
After-Hours: 20:00
Trane Technologies Gross Profit Margin (Quarterly): 33.26% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 33.26% |
| September 30, 2023 | 33.96% |
| June 30, 2023 | 33.68% |
| March 31, 2023 | 31.19% |
| December 31, 2022 | 29.94% |
| September 30, 2022 | 32.77% |
| June 30, 2022 | 31.58% |
| March 31, 2022 | 29.47% |
| December 31, 2021 | 29.18% |
| September 30, 2021 | 32.37% |
| June 30, 2021 | 33.18% |
| March 31, 2021 | 31.59% |
| December 31, 2020 | 29.82% |
| September 30, 2020 | 32.46% |
| June 30, 2020 | 31.17% |
| March 31, 2020 | 28.11% |
| December 31, 2019 | 28.80% |
| September 30, 2019 | 31.82% |
| June 30, 2019 | 31.92% |
| March 31, 2019 | 29.05% |
| December 31, 2018 | 15.91% |
| September 30, 2018 | 32.56% |
| June 30, 2018 | 31.98% |
| March 31, 2018 | 28.49% |
| December 31, 2017 | 29.73% |
| Date | Value |
|---|---|
| September 30, 2017 | 32.16% |
| June 30, 2017 | 32.12% |
| March 31, 2017 | 29.14% |
| December 31, 2016 | 30.11% |
| September 30, 2016 | 32.37% |
| June 30, 2016 | 32.04% |
| March 31, 2016 | 29.47% |
| December 31, 2015 | 30.34% |
| September 30, 2015 | 31.76% |
| June 30, 2015 | 30.71% |
| March 31, 2015 | 27.74% |
| December 31, 2014 | 30.22% |
| September 30, 2014 | 31.26% |
| June 30, 2014 | 31.13% |
| March 31, 2014 | 28.21% |
| December 31, 2013 | 28.53% |
| September 30, 2013 | 31.00% |
| June 30, 2013 | 30.04% |
| March 31, 2013 | 27.53% |
| December 31, 2012 | 16.70% |
| September 30, 2012 | 31.69% |
| June 30, 2012 | 30.81% |
| March 31, 2012 | 28.61% |
| December 31, 2011 | 13.01% |
| September 30, 2011 | 29.51% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
28.11%
Minimum
Mar 2020
33.96%
Maximum
Sep 2023
31.38%
Average
31.59%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Ingersoll Rand Inc | 42.89% |
| Eaton Corp PLC | 37.46% |
| AAON Inc | 36.44% |
| Lennox International Inc | 32.47% |
| Limbach Holdings Inc | 23.34% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 31.47% |
| Return on Assets | 10.86% |
| Return on Invested Capital | 17.93% |
| Profit Margin (Quarterly) | 11.40% |
| Operating Margin (Quarterly) | 15.54% |
| Return on Net Operating Assets | 12.78% |