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Trane Technologies Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Trane Technologies holds $22.8B in total assets. Shareholders' equity is $8.6B against $3.9B in total debt. The current ratio is 1.10 and debt-to-equity is 0.457. Based on the Q1 2026 filing.

Total Assets$22.8BTotal Stockholders Equity$8.6BLong Term Debt$3.9BCash And Equivalents$1.8BTotal Current Assets$8.0BTotal Current Liabilities$7.3B
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$99.7B
P/E Ratio34.40
ROE36.04%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$3.1B$3.2B$3.6B$3.6B$3.2B$3.8B
Other current assets$686.0M$694.5M$763.9M$775.5M$760.8M$757.6M
Derivative Assets - Fair Value$2.5M$12.5M$18.2M$16.0M$28.5M$25.4M
Finished goods$1.2B$1.4B$1.5B$1.6B$1.4B$1.5B
Work in process$374.4M$422.8M$421.7M$401.4M$375.1M$430.8M
Other Inventory, Net$163.7M$162.6M$167.6M$168.1M$156.6M$165.2M
Total current assets$7.3B$6.9B$7.5B$7.9B$7.9B$8.0B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Environmental Liabilities$52.4M$52.8M$51.7M$53.9M$51.8M$51.5M
Accrued Manufacturing Costs$678.4M$459.2M$564.6M$613.9M$614.8M$533.3M
Accrued Progress Collections and Price Adjustments—$0.2$0.2$0.2—$0.2
Other Commercial Liabilities$2.8B$2.8B$3.0B$2.8B$2.8B$3.7B
Accrued Liabilities, Current$2.8B$2.8B$3.0B$2.8B$2.8B$3.7B
Compensation and benefits$678.4M$459.2M$564.6M$613.9M$614.8M$533.3M
Derivative Liabilities - Fair Value$8.9M$1.8M$2.0M$7.7M$6.4M$8.0M
Supplier Finance Program Obligations$272.8$270.6$329.8$317.3$244.9$256.3
Total current liabilities$6.1B$6.4B$6.8B$6.5B$6.3B$7.3B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$864.1M-$740.8M-$501.3M-$514.8M-$438.8M-$495.7M
Common Stock Shares Issued249M———245M—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$249.0M$248.0M$247.2M$246.5M$245.0M$244.7M
Treasury Stock, Value$1.7B$1.7B$1.7B$1.7B$1.6B$1.6B
Retained earnings$9.8B$9.7B$9.8B$10.3B$10.4B$10.5B
Total liabilities and stockholders' equity$20.1B$20.1B$21.0B$21.4B$21.4B$22.8B
Total stockholders' equity$7.5B$7.5B$7.8B$8.3B$8.6B$8.6B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current—$0.2$0.2$0.2—$0.2
Long-term debt$4.3B$3.9B$3.9B$3.9B$3.9B$3.9B
Deferred revenue, net of current portion—$0.2$0.2$0.2—$0.2
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent$561.9M$563.0M$555.7M$559.9M$541.5M$533.2M
Other non-current liabilities$1.1B$1.2B$1.3B$1.3B$1.4B$1.6B
Total liabilities$12.7B$12.6B$13.1B$13.0B$12.8B$14.1B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$1.3B$1.4B$1.6B$1.6B$1.6B$1.9B
Goodwill$6.1B$6.4B$6.4B$6.4B$6.5B$7.0B
Intangible assets — net$699.0M$730.9M$699.0M$661.7M$627.0M$930.6M
Other intangible assets—net$3.3B$3.3B$3.3B$3.3B$3.2B$3.6B
Other non-current assets$1.3B$1.4B$1.6B$1.6B$1.6B$1.9B
Property and equipment, net$2.0B$2.1B$2.2B$2.2B$2.3B$2.3B
Software and Technology Licenses, Net$1.3B$1.4B$1.6B$1.6B$1.6B$1.9B
Total assets$20.1B$20.1B$21.0B$21.4B$21.4B$22.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross Assets/Liabilities$8.9M$1.8M$2.0M$7.7M$6.4M$8.0M
Accrual for Environmental Loss Contingencies$52.4M$52.8M$51.7M$53.9M$51.8M$51.5M
Business Combination, Recognized Asset Acquired, Identifiable Intangible Asset, Excluding Goodwill$73.9M————$323.0M
Capital Units Authorized—1.2B1.2B1.2B—1.2B
Cash and cash equivalents, end of period$1.6B$860.5M$774.2M$1.1B$1.8B$1.1B
Common stock, par value (in dollars per share)$1.00$1.00$1.00$1.00$1.00$1.00
Common stock, shares issued (in shares)$249.0M———$245.0M—
Short-term debt and current portion of long-term debt$452.2M$851.7M$694.6M$694.7M$693.0M$693.1M
Debt Instrument, Fair Value Disclosure$4.6B$4.7B$4.5B$4.6B$4.6B$4.5B
Deferred Income Taxes and Other Tax Liabilities, Noncurrent$586.6M———$716.3M—
Deferred and noncurrent income taxes$586.6M$559.5M$551.3M$675.2M$716.3M$765.4M
Derivative, gross, assets$2.5M$12.5M$18.2M$16.0M$28.5M$25.4M
Derivatives, gross, liabilities$8.9M$1.8M$2.0M$7.7M$6.4M$8.0M
Total current extended warranty liability$143.5M$147.9M$152.6M$155.5M$172.7M$179.4M
Finite-Lived Intangible Assets, Accumulated Amortization$2.1B$2.2B$2.3B$2.3B$2.3B$2.4B
Gross Carrying Amount$2.8B$2.9B$3.0B$3.0B$3.0B$3.3B
Indefinite- lived intangible impairment$5.5B$5.5B$5.6B$5.6B$5.6B$5.9B
Inventory, LIFO Reserve————$219.6M$226.5M
Raw materials$612.3M$592.1M$627.4M$623.2M$595.7M$680.2M
Noncontrolling interests in subsidiaries$29.5M$26.5M$21.0M$20.0M$21.7M$21.6M
Preferred Stock, Par or Stated Value Per Share—$0.00$0.00$0.00—$0.00
Standard Product Warranty Accrual$414.6M$415.9M$439.6M$450.2M$442.2M$441.8M
Current portion————$207.7M$203.0M
Supplier finance program, obligation$272.8$270.6$329.8$317.3$244.9$256.3
Treasury stock, shares (in shares)24.5M24.5M24.5M24.5M23.5M23.5M
Unrecognized tax benefits$86.5M$90.8M$82.4M$66.7M$62.4M$63.8M