Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance

 Highlights (second-quarter 2026 versus second-quarter 2025, unless otherwise noted): ・Organic bookings* up 37 percent, led by Americas Commercial HVAC, up 50 percent
・Book-to-bill of 123 percent and greater than 100 percent in all segments
・Record backlog of $12.1 billion, up 70 percent; Americas Commercial HVAC up 90 percent
・Reported revenues of $6.4 billion, up 11 percent; organic revenues* up 9 percent
・GAAP continuing EPS of $4.20; adjusted continuing EPS* of $4.31, up 11 percent *This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measure…READ FULL ARTICLE