Trane Technologies plc vs Roper Technologies, Inc.: Examining Key Revenue Metrics

Comparing Revenue Growth: Trane vs. Roper (2014-2023)

__timestampRoper Technologies, Inc.Trane Technologies plc
Wednesday, January 1, 2014354949400012891400000
Thursday, January 1, 2015358239500013300700000
Friday, January 1, 2016378992500013508900000
Sunday, January 1, 2017460747100014197600000
Monday, January 1, 2018519120000015668200000
Tuesday, January 1, 2019536680000016598900000
Wednesday, January 1, 2020552710000012454700000
Friday, January 1, 2021577780000014136400000
Saturday, January 1, 2022537180000015991700000
Sunday, January 1, 2023617780000017677600000
Monday, January 1, 2024703920000019838200000
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Igniting the spark of knowledge

A Tale of Two Titans: Trane Technologies vs. Roper Technologies

In the ever-evolving landscape of industrial innovation, Trane Technologies plc and Roper Technologies, Inc. stand as formidable players. Over the past decade, these companies have showcased remarkable revenue trajectories, reflecting their strategic prowess and market adaptability. From 2014 to 2023, Trane Technologies consistently outpaced Roper Technologies, with revenues peaking at approximately $17.7 billion in 2023, marking a 37% increase from 2014. Meanwhile, Roper Technologies demonstrated steady growth, achieving a 74% rise in revenue, culminating in $6.2 billion in 2023.

Key Insights

  • Trane Technologies: Despite a dip in 2020, likely due to global disruptions, the company rebounded strongly, underscoring its resilience and market leadership.
  • Roper Technologies: With a consistent upward trend, Roper's strategic acquisitions and diversified portfolio have fueled its growth.

This comparative analysis highlights the dynamic nature of industrial giants and their ability to navigate challenges while seizing opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025