EBITDA Performance Review: Trane Technologies plc vs AMETEK, Inc.

A Decade of EBITDA Growth: Trane Technologies vs. AMETEK

In the competitive landscape of industrial technology, Trane Technologies plc and AMETEK, Inc. have demonstrated remarkable EBITDA growth over the past decade. From 2014 to 2023, Trane Technologies has consistently outperformed AMETEK, with an average EBITDA of approximately $2.2 billion, compared to AMETEK's $1.4 billion. This represents a 57% higher average EBITDA for Trane Technologies.

Key Insights

• 2014-2019: Both companies showed steady growth, but Trane Technologies maintained a lead, with its EBITDA peaking at $2.3 billion in 2016.
• 2020-2023: Despite global economic challenges, Trane Technologies surged by 72% from 2020 to 2023, reaching $3.1 billion. AMETEK also grew, achieving a 58% increase to $2 billion in 2023.

This data underscores the resilience and strategic prowess of these industrial giants, with Trane Technologies consistently leading the charge.