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. In the quarter to June 2026, revenue grew 10.6%, EPS grew 6.94%, free cash flow grew 67.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

458.89 1.53 +0.33%
Market cap
$100.6B
P/E
34.8×
Fwd P/E
30.8×
Dividend yield
0.89%
F-score
9/9
Altman Z
6.44
Beneish M
−2.46
Dividend safety
89/100

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 June 2026 was 1.1×, down 0.2× 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
Jun 2026 1.1× (1.99%)
Mar 2026 1.1× (12.43%)
Dec 2025 1.3× 3.81%
Sep 2025 1.2× 9.13%
42 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 2.6×
WMS Advanced Drainage Systems, Inc. compare 2.1×
MAS Masco Corporation compare 1.9×
SPXC SPX Technologies, Inc. compare 1.8×
LII Lennox International, Inc. compare 1.6×
OC Owens Corning Inc compare 1.2×
TT Trane Technologies plc 1.1×
CARR Carrier Global Corporation compare 1.0×
JCI Johnson Controls International plc compare 1.0×
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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