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Friday 6 November 2026 Export TT’s income statement to Excel — free account

Trane Technologies plc

TT Industrials Building Products & Equipment

Trane Technologies plc’s revenue for fiscal 2025 (year ended December 2025) was $21.3 billion, up 7.48% from fiscal 2024.

Revenue
+17.7%
EPS
+25.4%
Free cash flow
+28.8%
Total debt
−8.63%

Quarter to September 2026, against a year earlier

394.05 16.43 −4.00%
Market cap
$85.9B
P/E
27.8×
Fwd P/E
27.1×
Dividend yield
1.04%
F-score
9/9
Altman Z
6.44
Beneish M
−2.46
Dividend safety
89/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Trane Technologies plc (TT) Current ratio

Alert me on Current ratio

Trane Technologies plc's current ratio at the end of the quarter to 30 September 2026 was 1.1×, down 0.1× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 1.1× (fiscal 2022) to 1.8× (fiscal 2019); the current reading is higher than 36% of that period. That is below the Building Products & Equipment industry median of 1.8× and below the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× 3.44%
FY2024 1.2× 6.54%
FY2023 1.1× 1.17%
FY2022 1.1× (17.61%)
FY2021 1.4× (14.45%)
FY2020 1.6× (10.29%)
FY2019 1.8× 33.57%
FY2018 1.3× 4.80%
FY2017 1.3× (18.44%)
FY2016 1.6× 23.00%

Quarterly newest first

Period Current ratio Change
Sep 2026 1.1× 4.69%
Jun 2026 1.1× (1.99%)
Mar 2026 1.1× (12.43%)
Dec 2025 1.3× 3.81%
43 more quarters

Against its own ten years

Low 1.1× High 1.8×
Ten-year median 1.3×
Current reading's percentile 36

Current ratio against peers

Company Current ratio
CSL Carlisle Companies Incorporated compare 2.4×
WMS Advanced Drainage Systems, Inc. compare 2.1×
MAS Masco Corporation compare 1.8×
MAIR Madison Air Solutions Corporation compare 1.8×
LII Lennox International, Inc. compare 1.2×
OC Owens Corning Inc compare 1.1×
TT Trane Technologies plc 1.1×
CARR Carrier Global Corporation compare 1.0×
JCI Johnson Controls International plc compare 0.9×
Building Products & Equipment industry median 1.8×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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