Trane Technologies plc (TT) Current Ratio: 1.25
Is Trane Technologies plc’s current ratio high or low?
Trane Technologies plc's current ratio of 1.25 is in line with its 5-year average of 1.28, near the low end of its 5-year range (1.12–1.59).
As of Wednesday, June 24, 2026. 1.63% above its 12-month average of 1.23.
TT Current Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
TT Average Current Ratio Chart
TT Current vs Average Current Ratio Chart
TT Current Ratio Metrics
CURRENT RATIO
1.25
CURRENT RATIO AVG TTM
1.23
CURRENT RATIO AVG 3Y
1.18
CURRENT RATIO AVG 5Y
1.28
CURRENT RATIO AVG 10Y
1.30
CURRENT RATIO AVG 15Y
1.31
CURRENT RATIO AVG 20Y
1.28
CURRENT VS TTM AVG
+1.63%
CURRENT VS 3Y AVG
+6.16%
CURRENT VS 5Y AVG
-2.09%
CURRENT VS 10Y AVG
-4.18%
CURRENT VS 15Y AVG
-4.48%
CURRENT VS 20Y AVG
-2.12%
TT Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trane Technologies plc (TT) | $106.80B | 1.25 | 1.23 | 1.18 | 1.28 |
| Quanta Services, Inc. (PWR)vs › | $105.39B | 1.14 | 1.22 | 1.38 | 1.45 |
| Howmet Aerospace Inc. (HWM)vs › | $110.08B | 2.13 | 2.15 | 2.07 | 2.11 |
| Lockheed Martin Corporation (LMT)vs › | $116.13B | 1.09 | 1.11 | 1.19 | 1.26 |
| Cummins Inc. (CMI)vs › | $96.46B | 1.76 | 1.54 | 1.38 | 1.52 |
| General Dynamics Corporation (GD)vs › | $94.74B | 1.44 | 1.41 | 1.40 | 1.40 |
| Parker-Hannifin Corporation (PH)vs › | $119.48B | 1.19 | 1.06 | 1.27 | 1.40 |
| Vertiv Holdings Co (VRT)vs › | $120.63B | 1.55 | 1.60 | 1.65 | 1.58 |
| Bloom Energy Corporation (BE)vs › | $91.59B | 5.98 | 4.60 | 3.69 | 3.09 |
| United Parcel Service, Inc. (UPS)vs › | $89.96B | 1.22 | 1.19 | 1.18 | 1.22 |
Liquidity Analysis
Current Ratio
1.25
Quick Ratio
0.92
Trane Technologies plc Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Trane Technologies plc Current Ratio FAQ
- What is the current ratio for Trane Technologies plc (TT)?
- The current ratio for TT stock is 1.25.
- Is Trane Technologies plc's current ratio high or low?
- Trane Technologies plc's current ratio of 1.25 is in line with its 5-year average of 1.28, near the low end of its 5-year range (1.12–1.59).
- What is the TTM average current ratio for Trane Technologies plc (TT)?
- The TTM average current ratio for TT stock is 1.23.
- What is the 3Y average current ratio for Trane Technologies plc (TT)?
- The 3Y average current ratio for TT stock is 1.18.
- What is the 5Y average current ratio for Trane Technologies plc (TT)?
- The 5Y average current ratio for TT stock is 1.28.
- What is the 10Y average current ratio for Trane Technologies plc (TT)?
- The 10Y average current ratio for TT stock is 1.30.
- What is the 15Y average current ratio for Trane Technologies plc (TT)?
- The 15Y average current ratio for TT stock is 1.31.
- What is the 20Y average current ratio for Trane Technologies plc (TT)?
- The 20Y average current ratio for TT stock is 1.28.
Trane Technologies plc Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 1.25 |
| 2024-12-31 | 1.21 |
| 2023-12-31 | 1.13 |
| 2022-12-31 | 1.12 |
| 2021-12-31 | 1.36 |
| 2020-12-31 | 1.59 |
| 2019-12-31 | 1.28 |
| 2018-12-31 | 1.33 |
| 2017-12-31 | 1.27 |
| 2016-12-31 | 1.55 |
| 2015-12-31 | 1.26 |
| 2014-12-31 | 1.56 |
| 2013-12-31 | 1.68 |
| 2012-12-31 | 1.19 |
| 2011-12-31 | 1.26 |
| 2010-12-31 | 1.27 |
| 2009-12-31 | 1.21 |
| 2008-12-31 | 0.98 |
| 2007-12-31 | 2.38 |
| 2006-12-31 | 1.13 |
| 2005-12-31 | 1.33 |
| 2004-12-31 | 1.60 |
| 2003-12-31 | 1.16 |
| 2002-12-31 | 1.08 |
| 2001-12-31 | 1.07 |
| 2000-12-31 | 0.76 |
| 1999-12-31 | 1.65 |
| 1998-12-31 | 1.50 |
| 1997-12-31 | 1.09 |
| 1996-12-31 | 1.97 |
Related 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.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David S. Regnery