• Trane Technologies average ebitda margin for 2023 was 17.87%, a 7.52% increase from 2022.
• Trane Technologies average ebitda margin for 2022 was 16.62%, a 1.59% increase from 2021.
• Trane Technologies average ebitda margin for 2021 was 16.36%, a 13.93% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.