Trane Technologies TT Current ratio
Current ratio at other companies
Other financials
Where this comes from
Calculated from Trane Technologies’s reported figures.
Based on the most recent quarter.
The official record: Trane Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Trane Technologies's current ratio?
- Trane Technologies (TT) reported current ratio of 1.1× in Q1 2026.
- How has Trane Technologies's current ratio changed year-over-year?
- Trane Technologies's current ratio increased by 0.6% year-over-year, from 1.1× to 1.1×.
- What is the long-term trend for Trane Technologies's current ratio?
- Over 4 years (2021 to 2025), Trane Technologies's current ratio has grown at a -6.7% compound annual growth rate (CAGR), from 6.1× to 4.6×.
- What does current ratio mean?
- Whether the company has enough short-term assets to cover its short-term bills.
- How do you interpret current ratio?
- Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
- How does current ratio compare across companies?
- Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.