• Trane Technologies average pre-tax profit margin for 2024 was 15.74%, a 11.55% increase from 2023.
• Trane Technologies average pre-tax profit margin for 2023 was 14.11%, a 7.96% increase from 2022.
• Trane Technologies average pre-tax profit margin for 2022 was 13.07%, a 6.26% increase from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.