Trane Technologies Gross Margin 2010-2024 | TT

Trane Technologies gross margin for the quarter ending June 30, 2024 was 34.65%.

  • Trane Technologies average gross margin for 2023 was 32.22%, a 4.1% increase from 2022.
  • Trane Technologies average gross margin for 2022 was 30.95%, a 2.21% increase from 2021.
  • Trane Technologies average gross margin for 2021 was 31.65%, a 4.39% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Trane Technologies Gross Margin 2010-2024 | TT

  • Trane Technologies average gross margin for 2023 was 32.22%, a 4.1% increase from 2022.
  • Trane Technologies average gross margin for 2022 was 30.95%, a 2.21% increase from 2021.
  • Trane Technologies average gross margin for 2021 was 31.65%, a 4.39% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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