Trane Technologies raises 2026 organic revenue growth forecast to about 11%
TT•Trane Technologies raised its 2026 organic revenue growth forecast to about 11% from 9%, while keeping adjusted earnings guidance at $15.20-$15.30 per share. It expects fourth-quarter organic revenue growth of about 14.5%.
1. Raised outlook
Trane Technologies now expects 2026 reported revenue growth near 13.5%, up from 11.5%, and free cash flow to exceed adjusted net earnings. Fourth-quarter adjusted earnings are forecast at $3.40-$3.50 per share. The company reported third-quarter organic revenue growth of 16%, organic bookings growth of 20%, and backlog of $12.5 billion, up more than 70% year over year.
