Trane Technologies PLC
TTCompany Overview
Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Name | Trane Technologies PLC |
Ticker | TT |
Main Business | Building Products & Equipment |
Type | Common Stock |
Industry | Building Products & Equipment |
Country | US |
Market Cap | $54.88 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Equipment | $10,930.0 | $0.0 | - |
Services | $5,060.0 | $0.0 | - |
Interest income | $9.2 | $9.2 | - |
Total | $15,999.2 | $9.2 | 0.06% (passed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
current debt and capital lease obligation | $801,900,000.0 | 1.46% |
long term debt and capital lease obligation | $3,980,000,000.0 | 7.25% |
Total Interest-Bearing Debt | $4,781,900,000.0 | 8.71% |
Market Capitalization | $54,882,378,000.0 | 100.00% |
Compliance Status | Threshold: 33% | passed |