Trane Technologies plc

Trane Technologies plcverified

TT

Price:

$342.07

Market Cap:

$77.19B

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; var...[Read more]

Industry

Construction

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

TT

The Current Ratio as of September 2024 (TTM) for Trane Technologies plc (TT) is 1.17

According to Trane Technologies plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of -0.92% compared to the average of 1.18 of the last 4 quarters.

Trane Technologies plc (TT) Historical Current Ratio (quarterly & annually)

How has TT Current Ratio performed in the past?

The mean historical Current Ratio of Trane Technologies plc over the last ten years is 1.35. The current 1.17 Current Ratio has changed 8.54% with respect to the historical average. Over the past ten years (40 quarters), TT's Current Ratio was at its highest in in the September 2020 quarter at 1.67. The Current Ratio was at its lowest in in the June 2022 quarter at 1.09.

Quarterly (TTM)
Annual

Average

1.35

Median

1.30

Minimum

1.12

Maximum

1.59

Trane Technologies plc (TT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Trane Technologies plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 24.46%

Maximum Annual Current Ratio = 1.59

Minimum Annual Increase = -22.30%

Minimum Annual Current Ratio = 1.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.131.17%
20221.12-22.30%
20211.44-9.29%
20201.5924.46%
20191.28-3.72%
20181.334.79%
20171.27-18.44%
20161.5523.00%
20151.26-18.85%
20141.56-7.17%

Trane Technologies plc (TT) Average Current Ratio

How has TT Current Ratio performed in the past?

The current Current Ratio of Trane Technologies plc (TT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.23

5-year avg

1.31

10-year avg

1.35

Trane Technologies plc (TT) Current Ratio vs. Peers

How is TT’s Current Ratio compared to its peers?

Trane Technologies plc’s Current Ratio is less than Fortune Brands Innovations, Inc. (1.34), greater than Johnson Controls International plc (0.94), less than Lennox International Inc. (1.60), less than Builders FirstSource, Inc. (1.83), greater than Carrier Global Corporation (1.08), less than Masco Corporation (1.76), less than Quanex Building Products Corporation (2.36), less than JELD-WEN Holding, Inc. (2.03), less than The AZEK Company Inc. (3.07), less than Carlisle Companies Incorporated (2.89), less than Advanced Drainage Systems, Inc. (2.89), less than Gibraltar Industries, Inc. (2.07),

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