vs

Side-by-side financial comparison of Paramount Skydance Corporation (PSKY) and Trane Technologies (TT). Click either name above to swap in a different company.

Trane Technologies is the larger business by last-quarter revenue ($5.1B vs $4.1B, roughly 1.2× Paramount Skydance Corporation). Trane Technologies runs the higher net margin — 11.5% vs -0.3%, a 11.8% gap on every dollar of revenue. On growth, Trane Technologies posted the faster year-over-year revenue change (5.5% vs -38.8%).

Paramount Skydance Corporation is an American multinational mass media and entertainment conglomerate. The company is headquartered at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, with multiple of Paramount's divisions and subsidiaries, as well as one of Paramount's major offices and meeting places, being headquartered at the previous Paramount Global headquarters at One Astor Plaza in New York City.

Trane Technologies plc is an Irish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.

PSKY vs TT — Head-to-Head

Bigger by revenue
TT
TT
1.2× larger
TT
$5.1B
$4.1B
PSKY
Growing faster (revenue YoY)
TT
TT
+44.3% gap
TT
5.5%
-38.8%
PSKY
Higher net margin
TT
TT
11.8% more per $
TT
11.5%
-0.3%
PSKY

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PSKY
PSKY
TT
TT
Revenue
$4.1B
$5.1B
Net Profit
$-13.0M
$591.3M
Gross Margin
Operating Margin
5.9%
15.9%
Net Margin
-0.3%
11.5%
Revenue YoY
-38.8%
5.5%
Net Profit YoY
-1400.0%
-2.2%
EPS (diluted)
$-0.01
$2.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PSKY
PSKY
TT
TT
Q4 25
$5.1B
Q3 25
$4.1B
$5.7B
Q2 25
$0
$5.7B
Q1 25
$0
$4.7B
Q4 24
$4.9B
Q3 24
$6.7B
$5.4B
Q2 24
$0
$5.3B
Q1 24
$4.2B
Net Profit
PSKY
PSKY
TT
TT
Q4 25
$591.3M
Q3 25
$-13.0M
$847.6M
Q2 25
$0
$874.8M
Q1 25
$0
$604.9M
Q4 24
$604.3M
Q3 24
$1.0M
$772.0M
Q2 24
$0
$755.3M
Q1 24
$436.3M
Gross Margin
PSKY
PSKY
TT
TT
Q4 25
Q3 25
36.9%
Q2 25
37.6%
Q1 25
35.8%
Q4 24
Q3 24
36.3%
Q2 24
36.5%
Q1 24
34.6%
Operating Margin
PSKY
PSKY
TT
TT
Q4 25
15.9%
Q3 25
5.9%
20.3%
Q2 25
20.3%
Q1 25
17.5%
Q4 24
16.6%
Q3 24
5.0%
18.8%
Q2 24
19.5%
Q1 24
15.0%
Net Margin
PSKY
PSKY
TT
TT
Q4 25
11.5%
Q3 25
-0.3%
14.8%
Q2 25
15.2%
Q1 25
12.9%
Q4 24
12.4%
Q3 24
0.0%
14.2%
Q2 24
14.2%
Q1 24
10.3%
EPS (diluted)
PSKY
PSKY
TT
TT
Q4 25
$2.64
Q3 25
$-0.01
$3.78
Q2 25
$0.00
$3.89
Q1 25
$0.00
$2.67
Q4 24
$2.65
Q3 24
$0.00
$3.39
Q2 24
$0.00
$3.30
Q1 24
$1.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PSKY
PSKY
TT
TT
Cash + ST InvestmentsLiquidity on hand
$3.3B
$1.8B
Total DebtLower is stronger
$13.3B
$4.6B
Stockholders' EquityBook value
$12.0B
$8.6B
Total Assets
$43.2B
$21.4B
Debt / EquityLower = less leverage
1.11×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSKY
PSKY
TT
TT
Q4 25
$1.8B
Q3 25
$3.3B
Q2 25
Q1 25
Q4 24
$1.6B
Q3 24
Q2 24
Q1 24
Total Debt
PSKY
PSKY
TT
TT
Q4 25
$4.6B
Q3 25
$13.3B
Q2 25
Q1 25
Q4 24
$4.8B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PSKY
PSKY
TT
TT
Q4 25
$8.6B
Q3 25
$12.0B
$8.3B
Q2 25
$0
$7.8B
Q1 25
$0
$7.5B
Q4 24
$7.5B
Q3 24
$17.1B
$7.6B
Q2 24
$0
$6.9B
Q1 24
$6.9B
Total Assets
PSKY
PSKY
TT
TT
Q4 25
$21.4B
Q3 25
$43.2B
$21.4B
Q2 25
$0
$21.0B
Q1 25
$0
$20.1B
Q4 24
$20.1B
Q3 24
$20.9B
Q2 24
$20.2B
Q1 24
$19.3B
Debt / Equity
PSKY
PSKY
TT
TT
Q4 25
0.54×
Q3 25
1.11×
Q2 25
Q1 25
Q4 24
0.64×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PSKY
PSKY
TT
TT
Operating Cash FlowLast quarter
$268.0M
$1.2B
Free Cash FlowOCF − Capex
$222.0M
FCF MarginFCF / Revenue
5.4%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSKY
PSKY
TT
TT
Q4 25
$1.2B
Q3 25
$268.0M
$1.0B
Q2 25
$0
$692.1M
Q1 25
$0
$339.5M
Q4 24
$899.9M
Q3 24
$1.3B
Q2 24
$0
$695.9M
Q1 24
$247.2M
Free Cash Flow
PSKY
PSKY
TT
TT
Q4 25
Q3 25
$222.0M
$935.6M
Q2 25
$602.2M
Q1 25
$220.6M
Q4 24
$774.3M
Q3 24
$1.2B
Q2 24
$623.0M
Q1 24
$163.4M
FCF Margin
PSKY
PSKY
TT
TT
Q4 25
Q3 25
5.4%
16.3%
Q2 25
10.5%
Q1 25
4.7%
Q4 24
15.9%
Q3 24
22.3%
Q2 24
11.7%
Q1 24
3.9%
Capex Intensity
PSKY
PSKY
TT
TT
Q4 25
Q3 25
1.1%
1.2%
Q2 25
1.6%
Q1 25
2.5%
Q4 24
2.6%
Q3 24
1.6%
Q2 24
1.4%
Q1 24
2.0%
Cash Conversion
PSKY
PSKY
TT
TT
Q4 25
1.96×
Q3 25
1.18×
Q2 25
0.79×
Q1 25
0.56×
Q4 24
1.49×
Q3 24
1.69×
Q2 24
0.92×
Q1 24
0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PSKY
PSKY

Affiliate And Subscription$2.0B49%
Advertising$1.3B31%
Licensing And Other$775.0M19%
Related Party$40.0M1%
Theatrical$39.0M1%

TT
TT

Services$2.8B55%
Other$2.3B45%

Related Comparisons