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TTTrane Technologies plc

Quick Ratio (Acid-Test): 0.77

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.77 is 14% below its 5-year average of 0.89, near the low end of its 5-year range (0.74–1.28).

As of Thursday, June 25, 2026. 4.71% below its 12-month average of 0.80.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

TT Quick Ratio

0.77

Reported quarterly quick ratio; no daily interpolation.

-39.70% 5Y
TT Quick Ratio (Acid-Test)

TT Average Quick Ratio (Acid-Test) Chart

TT Quick Ratio (Acid-Test)

TT Current vs Average Quick Ratio (Acid-Test) Chart

TT Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.77

QUICK RATIO (ACID-TEST) AVG TTM

0.80

QUICK RATIO (ACID-TEST) AVG 3Y

0.81

QUICK RATIO (ACID-TEST) AVG 5Y

0.82

QUICK RATIO (ACID-TEST) AVG 10Y

0.97

QUICK RATIO (ACID-TEST) AVG 15Y

0.97

QUICK RATIO (ACID-TEST) AVG 20Y

0.95

CURRENT VS TTM AVG

-4.71%

CURRENT VS 3Y AVG

-5.87%

CURRENT VS 5Y AVG

-7.01%

CURRENT VS 10Y AVG

-20.62%

CURRENT VS 15Y AVG

-21.27%

CURRENT VS 20Y AVG

-19.35%

TT Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Trane Technologies plc (TT)$111.34B0.770.800.810.82
Howmet Aerospace Inc. (HWM)vs ›$109.29B1.091.041.001.06
Quanta Services, Inc. (PWR)vs ›$106.47B1.091.181.341.42
Lockheed Martin Corporation (LMT)vs ›$116.44B0.940.941.011.07
Cummins Inc. (CMI)vs ›$100.40B1.160.980.870.99
Parker-Hannifin Corporation (PH)vs ›$124.81B0.710.630.860.93
Vertiv Holdings Co (VRT)vs ›$125.40B1.221.231.261.23
General Dynamics Corporation (GD)vs ›$93.22B0.890.850.900.94
United Parcel Service, Inc. (UPS)vs ›$92.91B1.221.171.141.18
Johnson Controls International plc (JCI)vs ›$88.77B0.760.780.790.84

Liquidity Comparison

Quick Ratio

0.77

Excludes inventory

Current Ratio

1.25

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Trane Technologies plc (TT)?
The quick ratio (acid-test) for TT stock is 0.77.
Is Trane Technologies plc's quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.77 is 14% below its 5-year average of 0.89, near the low end of its 5-year range (0.74–1.28).
What is the TTM average quick ratio (acid-test) for Trane Technologies plc (TT)?
The TTM average quick ratio (acid-test) for TT stock is 0.80.
What is the 3Y average quick ratio (acid-test) for Trane Technologies plc (TT)?
The 3Y average quick ratio (acid-test) for TT stock is 0.81.
What is the 5Y average quick ratio (acid-test) for Trane Technologies plc (TT)?
The 5Y average quick ratio (acid-test) for TT stock is 0.82.
What is the 10Y average quick ratio (acid-test) for Trane Technologies plc (TT)?
The 10Y average quick ratio (acid-test) for TT stock is 0.97.
What is the 15Y average quick ratio (acid-test) for Trane Technologies plc (TT)?
The 15Y average quick ratio (acid-test) for TT stock is 0.97.
What is the 20Y average quick ratio (acid-test) for Trane Technologies plc (TT)?
The 20Y average quick ratio (acid-test) for TT stock is 0.95.

TT Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.77
2025-12-310.92
2025-09-300.84
2025-06-300.76
2025-03-310.74
2024-12-310.88
2024-09-300.92
2024-06-300.84
2024-03-310.74
2023-12-310.78
2023-09-300.87
2023-06-300.77
2023-03-310.77
2022-12-310.77
2022-09-300.78
2022-06-300.75
2022-03-310.91
2021-12-311.04
2021-09-301.28
2021-06-301.27
2021-03-311.26
2020-12-311.32
2020-09-301.38
2020-06-301.30
2020-03-311.20
2019-12-310.93
2019-09-300.88
2019-06-300.85
2019-03-311.14
2018-12-310.94
2018-09-300.99
2018-06-300.93
2018-03-310.99
2017-12-310.95
2017-09-300.89
2017-06-301.09
2017-03-311.08
2016-12-311.17
2016-09-301.12
2016-06-301.01
2016-03-310.81
2015-12-310.88
2015-09-300.87
2015-06-300.87
2015-03-310.88
2014-12-311.19
2014-09-300.91
2014-06-300.93
2014-03-311.04
2013-12-311.34
2013-09-301.09
2013-06-301.05
2013-03-310.88
2012-12-310.87
2012-09-300.87
2012-06-301.00
2012-03-310.96
2011-12-310.95
2011-09-301.02
2011-06-301.13
2011-03-311.10
2010-12-310.94
2010-09-300.92
2010-06-300.89
2010-03-310.82
2009-12-310.91
2009-09-300.86
2009-06-300.85
2009-03-310.75
2008-12-310.69
2008-09-300.69
2008-06-300.58
2008-03-312.50
2007-12-312.12
2007-09-301.10
2007-06-301.33
2007-03-310.94
2006-12-310.77
2006-09-300.79
2006-06-300.94
2006-03-310.95
2005-12-310.97
2005-09-300.96
2005-06-300.96
2005-03-311.05
2004-12-311.23
2004-09-301.09
2004-06-300.90
2004-03-310.81
2003-12-310.83
2003-09-300.78
2003-06-300.72
2003-03-310.72
2002-12-310.77
2002-09-300.55
2002-06-300.55

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About Trane Technologies plc

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Swords
43,000 employees
www.tranetechnologies.com
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
David S. Regnery
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