{
  "docId": "019dd923-5efe-75c0-8dff-317af0da23c2",
  "docSlug": "3646e290c609e37b",
  "documentTitle": "2025 11 Investor Presentation",
  "authorId": "Trane-Technologies",
  "authorName": "Trane Technologies",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 18,
  "pageCount": 33,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "kpi_dashboard",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": "Includes Trane Technologies branding and specific Q3 2025 financial metrics.",
  "elementsJson": [
    "headline_text",
    "bar_chart_vertical",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-317af0da23c2/18",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-317af0da23c2",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-317af0da23c2.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-317af0da23c2#slide-18",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.18,
        "x": 0.52,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Adj. Operating Margin comparison Q3'24 vs Q3'25",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1b0bfa57-b2a3-43c3-80f1-37cf381d8777",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.18,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Net Revenue comparison Q3'24 vs Q3'25",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3cce2a88-39e3-40ed-99b9-40ef7f38e0fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.18,
        "x": 0.76,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Adj. Continuing EPS comparison Q3'24 vs Q3'25",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4b2c505d-7e2e-4424-9288-b2c6de06024b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.18,
        "x": 0.28,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Adj. EBITDA Margin comparison Q3'24 vs Q3'25",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e59f4345-8d12-4607-ad70-19ca1624dfee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.75,
        "x": 0.02,
        "y": 0.91
      },
      "kind": "disclaimer",
      "text": "*Includes certain Non-GAAP financial measures. See the company's Q3 2025 earnings release for additional details and reconciliations.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c94798e5-32ea-4cd7-8b9e-69fc584c2486",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.23,
        "x": 0.02,
        "y": 0.73
      },
      "kind": "list",
      "text": "Organic revenue growth up low-single digits in equipment, with continued strong Services growth of low double digits. Ex-Resi, enterprise growth of ~+10%",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1399e43c-cadf-48d0-b52e-f7cb0ad7b7fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.23,
        "x": 0.74,
        "y": 0.73
      },
      "kind": "list",
      "text": "BOS driving operational excellence throughout P&L",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "46ea9ffb-4845-40eb-9240-fd67282947c9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.27,
        "y": 0.73
      },
      "kind": "list",
      "text": "Strong productivity through BOS on high applied volumes in factories. Prudent cost controls. Strong CHVAC volume growth, positive price realization and SG&A productivity.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cb7dc8ba-ba50-4ddf-95f6-075aabf86d56",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adj. Continuing EPS: +15%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-880c-7577-8629-172922a431f3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.95,
        "x": 0.02,
        "y": 0.04
      },
      "kind": "title",
      "text": "Performance Scoreboard: Strong Revenue Growth (~+10% Ex-Resi Headwinds), Robust Margin Expansion and EPS Growth",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e96926b4-aa69-48bb-abd1-97d365616868",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 23,
      "from": 15,
      "beatId": "a07a3b48-e6a9-4eed-8bf6-9546a1575fad",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The document presents financial results and guidance.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 18,
      "from": 17,
      "name": "Voice Of Customer",
      "slug": "51-voice-of-customer",
      "bestFor": "Product strategy, customer experience, market research",
      "matchId": "5107ffe7-cf45-42d2-b384-1224948695ee",
      "evidence": "The document presents customer trends and needs in the commercial HVAC market.",
      "position": 2,
      "objective": "What are the needs and trends in the commercial HVAC market?",
      "structure": "What Customers Say (Verbatim) -> The Pattern Across Voices -> The Insight -> The Response",
      "confidence": 0.6,
      "description": "Let customer quotes and feedback drive the narrative and validate the insight"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}