Trane Technologies number of employees

Trane Technologies reported 44,000 employees at December 31, 2025 in its latest annual report, down 1,000 (2.2%) on the year before. That compares with 37,000 at December 31, 2021. Revenue per employee was $484,589.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
December 31, 2025	44,000	−1,000 (2.2%)	$484,589	10-K, filed February 5, 2026
December 31, 2024	45,000	+5,000 (12.5%)	$440,849	10-K, filed February 6, 2025
December 31, 2023	40,000	+1,000 (2.6%)	$441,940	10-K, filed February 8, 2024
December 31, 2022	39,000	+2,000 (5.4%)	$410,044	10-K, filed February 10, 2023
December 31, 2021	37,000	—	$382,065	10-K, filed February 7, 2022

What the annual reports say

As of December 31, 2025, we employed approximately, 44,000 people in 62 countries including over 16,000 employees outside of the United States. 2025 annual report
As of December 31, 2024, we employed approximately 45,000 people in 61 countries including over 16,000 employees outside of the United States. 2024 annual report
As of December 31, 2023, we employed approximately 40,000 people in approximately 60 countries including over 15,000 outside of the United States. 2023 annual report
As of December 31, 2022, we employed approximately 39,000 people in nearly 60 countries including approximately 14,000 outside of the United States. 2022 annual report
As of December 31, 2021, we employed approximately 37,000 people in nearly 60 countries including approximately 13,000 outside of the United States. 2021 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

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Figures from Trane Technologies's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Trane Technologies.