Trane Technologies (TT) Revenue — Quarter Ended Dec 31, 2024
Revenue for the reported quarter declined sequentially but rose compared with the same quarter a year ago. The result reflects a mixed performance relative to prior periods.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the reported quarter declined sequentially but rose compared with the same quarter a year ago. The result reflects a mixed performance relative to prior periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.9B
Revenue reported for this quarter.
Quarter-over-quarter
-10.4%
Change from the immediately preceding quarter.
Year-over-year
+10.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $4.2B | +15.0% |
| Jun 30, 2024 | $5.3B | +12.8% |
| Sep 30, 2024 | $5.4B | +11.4% |
| Dec 31, 2024 | $4.9B | +10.2% |
Revenue performance
The sequential decrease follows two consecutive quarters of year-over-year growth. The annual comparison shows a solid increase, indicating sustained demand.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. In contrast, revenue was higher than the same quarter one year earlier.
What to watch
The sequential decline marks a departure from the upward trend seen in the earlier quarters of the fiscal year.