Professional EBITDA Benchmarking: Trane Technologies plc vs IDEX Corporation

A Decade of EBITDA Growth: Trane Technologies vs. IDEX Corporation

In the competitive landscape of industrial manufacturing, Trane Technologies plc and IDEX Corporation have showcased remarkable financial resilience over the past decade. From 2014 to 2023, Trane Technologies has consistently outperformed IDEX in terms of EBITDA, with a staggering 79% increase from 2014 to 2023. In contrast, IDEX Corporation has seen a robust 91% growth in the same period, albeit from a smaller base.

Key Insights

• Trane Technologies: Starting at approximately $1.76 billion in 2014, Trane's EBITDA surged to nearly $3.15 billion by 2023, reflecting its strategic market positioning and operational efficiency.
• IDEX Corporation: Despite a smaller EBITDA, IDEX's growth trajectory is impressive, climbing from around $504 million in 2014 to $964 million in 2023.

This financial journey highlights the dynamic nature of the industrial sector, where strategic innovation and market adaptation are key to sustained growth.