Trane Technologies plc logo
Trane Technologies plc TT
$ 480.2 0.5%
report update icon

Quarterly report 2026-Q2
added 07-30-2026

Trane Technologies plc Financial Ratios 2025-2006 | TT

Brief overview of Trane Technologies plc's multiples and efficiency

The comparison uses the five latest available annual observations between 2021 and 2025.

The latest available valuation ratios are P/E 33.26x (median 30.59x), EV/EBITDA 20.7x (median 12.39x), P/S 4.55x (median 3.5x). Multiples are on average 27.9% above their own medians. A substantial share of positive expectations may already be priced in.

Current earnings relative to valuation equal about 3% on the 1/P/E measure. This is a valuation reference, not an expected payout.

The latest available business-quality ratios are ROE 34%, ROA 13.6%, ROCE 46.2%. Returns on capital and assets point to efficient economics and a strong internal source of growth.

On PEG (1.6x), valuation is stretched relative to growth and requires strong execution.

The cash conversion cycle remains near its former level at 54.1 days after 59.8 days.

What the ratios show

Trane Technologies plc's high quality ratios explain part of the market premium but increase sensitivity to slower growth.

Annual Financial Ratios Trane Technologies plc

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

P/E

33.3 31.4 30.6 24.1 25.6 42.1 18.2 14.6 14.2 10.9 16.1 15.0 21.8 9.6 21.4 11.7 9.6 -3.1 - -

P/S

4.6 4.1 3.5 2.6 2.6 2.9 1.5 1.2 1.3 1.2 0.8 1.1 1.1 0.7 0.5 0.5 0.3 0.6 - -

EPS

13.1 11.3 8.8 7.5 6.0 3.6 5.8 5.4 5.1 5.7 2.5 3.4 2.1 3.4 1.1 2.0 1.4 -8.7 13.6 -

EV (Enterprise Value)

108 B 91.8 B 73.2 B 53.1 B 46.1 B 44.5 B 37.6 B 29.5 B 28 B 25.2 B 20.9 B 23.6 B 22.2 B 20.4 B 18.2 B 18.6 B 16.3 B 21.7 B -4.74 B -356 M

EBITDA per Share

19.5 17.1 14.2 11.8 9.73 7.61 9.88 9.11 7.82 7.41 6.93 6.39 4.88 6.17 3.82 5.23 4.07 -6.89 - -

EV/EBITDA

24.9 23.7 22.6 19.4 20.7 17.9 12.4 10.0 10.4 9.5 7.6 9.5 10.5 6.4 7.8 11.0 12.4 -10.5 -4.0 -

PEG

1.6 2.34 2.79 2.36 3.62 14.59 2.29 2.44 -1.35 0.09 -0.58 0.24 -0.59 0.04 -0.45 - - - - -

P/B

11.3 10.8 8.8 6.9 5.8 5.6 3.5 2.8 2.6 2.4 1.8 2.3 1.9 1.4 1.1 0.9 0.6 1.2 - -

P/CF

30.4 25.7 25.9 28.2 23.0 25.1 15.4 18.7 14.2 12.1 16.7 18.9 11.5 8.3 6.0 10.8 - - - -

ROE %

34.02 34.43 28.93 28.85 22.69 13.30 19.41 19.05 18.24 22.22 11.43 15.56 8.75 14.25 4.96 8.06 6.38 -39.40 49.55 -

ROA %

13.63 12.75 10.44 9.71 7.88 4.71 6.89 7.47 7.17 8.49 3.98 5.39 3.50 5.51 1.83 3.21 2.26 -12.54 - -

ROCE %

46.24 46.93 41.37 39.73 32.25 23.85 13.23 14.10 12.48 11.49 11.41 10.30 7.75 10.50 5.88 15.84 12.52 -37.85 13.21 -

Current Ratio

1.7 1.6 1.6 1.5 1.5 1.5 1.8 1.3 1.3 1.6 1.3 1.6 1.7 1.2 1.3 1.7 1.6 1.5 - -

DSO

54.1 55.6 59.2 59.5 59.8 73.3 48.0 62.4 63.7 60.1 59.0 60.0 61.2 56.1 3.4 56.3 64.6 35.1 - -

DIO

- - - - - - 41.0 56.8 58.1 54.4 55.6 55.2 49.1 49.0 44.6 44.7 54.0 - - -

DPO

- - - - - - 44.3 - - - - 52.4 48.9 46.0 42.6 42.1 40.8 - - -

Operating Cycle

54.1 55.6 59.2 59.5 59.8 73.3 89.1 119.2 121.8 114.5 114.6 115.2 110.3 105.1 48.0 101.0 118.6 35.1 - -

Cash Conversion Cycle

54.1 55.6 59.2 59.5 59.8 73.3 44.7 119.2 121.8 114.5 114.6 62.8 61.3 59.0 5.4 58.9 77.8 35.1 - -

All numbers in USD currency

Quarterly Financial Ratios Trane Technologies plc

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2

EPS

4.19 2.64 3.81 3.92 2.7 3.42 3.33 1.92 2.74 2.57 1.34 - 2.36 2.18 1.11 - 1.7 1.94 0.98 - 1.67 1 -0.12 - 1.9 1.88 0.82 - 2.09 1.81 0.48 - 1.45 1.4 0.45 - 1.45 2.88 0.58 - 1.13 0.29 0.19 - 1.09 1.13 0.28 - 0.57 1.07 0.29 - 1.05 1.18 0.32 - 0.26 0.28 -0.23 0.72 - -0.08 0.67 0.38

EBITDA per Share

6.5 3.96 6.52 5.42 4.09 4.96 4.76 3.19 4.18 4.26 2.34 - 3.55 3.38 1.98 - 2.75 3.03 1.79 - 2.67 2.07 0.96 - 2.52 2.93 1.27 - 3.49 3.35 1.35 - 3.03 2.85 1.16 - 3 2.66 1.21 - 2.8 2.37 0.98 - 2.58 2.34 0.85 - 2.16 1.86 3.98 - 2.38 2.17 1.04 - 1.47 1.51 0.42 2.27 1.87 0.76 1.98 1.42

ROE %

38.88 36.22 39.59 40.25 35.40 36.67 35.84 30.07 33.09 32.62 27.66 22.59 28.84 26.91 21.80 17.43 23.68 21.15 13.29 9.52 15.84 15.86 14.88 15.34 22.67 22.74 18.18 15.43 20.57 18.26 13.52 11.80 17.48 23.60 20.87 19.23 24.40 20.08 9.71 7.41 12.28 12.21 12.18 11.30 13.64 13.26 16.91 15.59 20.09 22.86 19.71 10.95 12.20 9.03 2.79 1.46 4.52 6.06 4.75 8.93 7.68 0.02 3.06 1.81

ROA %

14.57 13.71 14.83 14.61 12.70 13.00 12.41 10.39 11.22 9.40 8.53 6.81 9.36 6.28 7.61 6.12 8.32 7.41 4.69 3.36 5.60 5.62 5.28 5.44 8.32 8.58 7.02 6.05 8.07 7.17 5.31 4.64 6.81 9.08 7.99 7.34 9.14 7.45 3.45 2.58 4.26 4.23 4.22 3.91 4.85 4.96 6.70 6.24 7.98 9.02 7.74 4.23 4.69 3.45 1.05 0.54 1.69 2.19 1.71 3.20 2.65 0.01 1.08 0.60

ROCE %

52.09 48.82 53.28 54.13 48.44 50.41 51.02 43.72 47.15 46.63 38.98 31.43 40.43 38.11 31.32 24.87 33.71 31.33 23.46 17.87 25.25 24.20 20.85 18.44 26.80 28.53 24.20 20.94 28.03 27.48 21.37 17.91 25.61 26.25 21.83 18.82 26.99 27.07 22.28 18.89 26.24 25.80 20.62 17.68 23.04 21.18 29.07 26.48 32.75 34.06 31.55 15.92 18.52 16.57 10.49 7.52 12.91 15.74 13.33 17.22 15.55 1.90 4.49 3.72

Current Ratio

1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.6 1.6 1.5 1.5 1.5 1.5 - 1.5 1.5 1.6 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.6 1.6 1.5

DSO

57.5 67.7 57.3 53.7 63.8 57.2 54.8 65.8 59.3 56.3 67.0 - 29.9 26.5 66.1 - 60.9 55.9 65.9 - 57.5 64.0 75.8 - 57.4 55.1 79.2 - 60.6 56.1 69.5 - 61.6 57.8 71.5 - 56.9 55.0 69.0 - 56.3 54.5 67.5 - 57.1 54.6 70.2 - 58.8 55.6 14.6 - 54.8 51.5 62.2 - 50.0 47.9 64.3 64.7 61.5 66.5 57.7 -

DIO

55.9 66.9 59.4 58.3 64.5 55.8 62.1 75.7 64.3 68.7 78.5 - 30.3 29.8 65.6 - 52.0 49.2 56.6 - 46.0 50.2 59.3 - 49.3 47.4 67.8 - 56.3 51.6 61.0 - 57.0 53.5 63.1 - 52.4 50.5 62.5 - 54.1 51.6 60.6 - 53.3 50.8 58.9 - 48.0 44.8 12.1 - 48.7 45.2 52.5 - 42.4 40.9 54.3 - - - - -

DPO

60.1 67.8 62.0 61.0 67.6 57.6 56.7 67.9 60.4 60.5 73.3 - 32.0 30.7 71.7 - 65.1 61.4 69.2 - 58.8 64.2 69.7 - 53.3 51.2 70.8 - 57.2 52.5 61.5 - 57.0 53.5 62.0 - 50.5 48.6 57.7 - 47.9 45.7 55.5 - 50.6 48.2 57.2 - 47.9 44.6 11.4 - 45.7 42.5 49.8 - 40.5 39.0 50.6 - - - - -

Operating Cycle

- - - 112.0 128.2 113.0 116.8 141.6 123.6 125.0 145.5 - 60.2 56.3 131.7 - 112.9 105.1 122.6 - 103.5 114.2 135.1 - 106.7 102.5 147.0 - 117.0 107.8 130.5 - 118.6 111.3 134.6 - 109.3 105.5 131.5 - 110.4 106.1 128.0 - 110.4 105.4 129.2 - 106.8 100.4 26.6 - 103.5 96.7 114.6 - 92.3 88.7 - - - - - -

Cash Conversion Cycle

- - - 51.0 60.6 55.4 60.2 73.7 63.2 64.5 72.2 - 28.2 25.5 60.0 - 47.8 43.7 53.4 - 44.7 50.0 65.3 - 53.5 51.3 76.2 - 59.7 55.2 69.0 - 61.6 57.8 72.6 - 58.8 56.9 73.7 - 62.5 60.4 72.5 - 59.8 57.2 71.9 - 58.9 55.7 15.2 - 57.7 54.2 64.9 - 51.8 49.7 - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Trane Technologies plc, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Industrial machinery industry

Issuer Price % 24h Market Cap Country
Raven Industries, Inc. Raven Industries, Inc.
RAVN
- - $ 2.09 B usaUSA
Broadwind Broadwind
BWEN
$ 5.38 1.51 % $ 123 M usaUSA
CSW Industrials CSW Industrials
CSWI
- 0.14 % $ 4.96 B usaUSA
Arcosa Arcosa
ACA
$ 145.4 0.3 % $ 7.11 B usaUSA
AMETEK AMETEK
AME
$ 254.79 0.05 % $ 58.7 B usaUSA
Altra Industrial Motion Corp. Altra Industrial Motion Corp.
AIMC
- -0.02 % $ 4.05 B usaUSA
Regal Beloit Corporation Regal Beloit Corporation
RBC
- 1.48 % $ 6.62 B usaUSA
Lydall, Inc. Lydall, Inc.
LDL
- 0.02 % $ 1.12 B usaUSA
Arconic Corporation Arconic Corporation
ARNC
- - $ 3.11 B usaUSA
Helios Technologies Helios Technologies
HLIO
$ 81.49 0.43 % $ 2.71 B usaUSA
Colfax Corporation Colfax Corporation
CFX
- 11.83 % $ 6.3 B usaUSA
Capstone Turbine Corporation Capstone Turbine Corporation
CPST
- 0.40 % $ 87.6 M usaUSA
CIRCOR International CIRCOR International
CIR
- - $ 1.14 B usaUSA
Rexnord Corporation Rexnord Corporation
RXN
- 0.90 % $ 15.5 B usaUSA
Kadant Kadant
KAI
$ 334.22 0.96 % $ 3.93 B usaUSA
The ExOne Company The ExOne Company
XONE
- - $ 593 M usaUSA
Flowserve Corporation Flowserve Corporation
FLS
$ 80.87 0.23 % $ 10.5 B usaUSA
Luxfer Holdings PLC Luxfer Holdings PLC
LXFR
$ 17.08 0.03 % $ 457 M britainBritain
Hillenbrand Hillenbrand
HI
- - $ 2.26 B usaUSA
Harsco Corporation Harsco Corporation
HSC
- 2.35 % $ 730 M usaUSA
Generac Holdings Generac Holdings
GNRC
$ 219.3 1.22 % $ 12.8 B usaUSA
Graham Corporation Graham Corporation
GHM
$ 113.99 1.92 % $ 1.25 B usaUSA
John Bean Technologies Corporation John Bean Technologies Corporation
JBT
- -1.4 % $ 4.01 B usaUSA
3M Company 3M Company
MMM
$ 182.65 0.22 % $ 98.2 B usaUSA
Welbilt Welbilt
WBT
- 0.08 % $ 3.44 B usaUSA
Williams Industrial Services Group Williams Industrial Services Group
WLMS
- -4.75 % $ 9.72 M usaUSA
ITT ITT
ITT
$ 219.4 1.25 % $ 17.4 B usaUSA
SPX FLOW, Inc. SPX FLOW, Inc.
FLOW
- - $ 3.64 B usaUSA
Thermon Group Holdings Thermon Group Holdings
THR
- - $ 1.99 B usaUSA
TPI Composites TPI Composites
TPIC
- - $ 11.4 M usaUSA
Nordson Corporation Nordson Corporation
NDSN
$ 308.72 0.18 % $ 17.5 B usaUSA
Enerpac Tool Group Corp. Enerpac Tool Group Corp.
EPAC
$ 36.94 0.04 % $ 2 B usaUSA
Otis Worldwide Corporation Otis Worldwide Corporation
OTIS
$ 72.63 0.06 % $ 28.5 B usaUSA
A. O. Smith Corporation A. O. Smith Corporation
AOS
$ 62.17 0.16 % $ 8.77 B usaUSA
Howmet Aerospace Howmet Aerospace
HWM
$ 289.18 2.25 % $ 117 B usaUSA
Parker-Hannifin Corporation Parker-Hannifin Corporation
PH
$ 1 055.85 0.01 % $ 135 B usaUSA
Parsons Corporation Parsons Corporation
PSN
$ 47.9 0.69 % $ 5.12 B usaUSA
Barnes Group Barnes Group
B
$ 41.6 1.66 % $ 2.12 B usaUSA
Honeywell International Honeywell International
HON
$ 233.96 0.29 % $ 150 B usaUSA
Pentair plc Pentair plc
PNR
$ 66.16 1.67 % $ 10.9 B schweizSchweiz
Rockwell Automation Rockwell Automation
ROK
$ 449.37 0.87 % $ 50.6 B usaUSA
Curtiss-Wright Corporation Curtiss-Wright Corporation
CW
$ 699.31 1.52 % $ 26.2 B usaUSA
General Electric Company General Electric Company
GE
$ 368.38 2.15 % $ 391 B usaUSA
Crane Co. Crane Co.
CR
$ 218.34 0.02 % $ 12.5 B usaUSA
The Gorman-Rupp Company The Gorman-Rupp Company
GRC
$ 80.81 1.35 % $ 2.12 B usaUSA
Graco Graco
GGG
$ 81.94 0.02 % $ 13.5 B usaUSA
Atkore Atkore
ATKR
$ 93.8 0.02 % $ 3.19 B usaUSA
Chart Industries Chart Industries
GTLS
- - $ 9.47 B usaUSA
TriMas Corporation TriMas Corporation
TRS
$ 38.94 0.62 % $ 1.54 B usaUSA
Greenland Technologies Holding Corporation Greenland Technologies Holding Corporation
GTEC
$ 0.71 10.96 % $ 11.5 M chinaChina