A Decade of EBITDA: Trane Technologies vs. PACCAR Inc.

In the ever-evolving landscape of industrial giants, Trane Technologies plc and PACCAR Inc. have showcased intriguing EBITDA trends over the past decade. From 2014 to 2023, PACCAR Inc. consistently outperformed, with a remarkable 70% increase in EBITDA, peaking at $6.63 billion in 2023. Meanwhile, Trane Technologies demonstrated steady growth, achieving a 79% rise, culminating in $3.15 billion in the same year.

Key Insights

• 2014-2016: Both companies experienced growth, with PACCAR's EBITDA rising by 29% and Trane's by 32%.
• 2020: A challenging year for both, with PACCAR's EBITDA dropping to $2.58 billion, while Trane's fell to $1.83 billion.
• 2023: PACCAR's EBITDA surged by 51% from the previous year, while Trane's increased by 36%.

Despite missing data for 2024, these trends highlight the resilience and strategic prowess of these industrial leaders.