Trane Technologies plc (TT)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 21,321,900 | 21,051,400 | 20,750,100 | 20,311,100 | 19,838,100 | 19,388,200 | 18,829,900 | 18,227,200 | 17,677,500 | 17,327,300 | 16,816,300 | 16,302,000 | 15,991,700 | 15,487,100 | 14,835,000 | 14,474,300 | 14,136,400 | 13,746,200 | 13,521,900 | 12,831,000 |
| Total current assets | US$ in thousands | 7,863,000 | 7,859,500 | 7,506,200 | 6,934,300 | 7,337,800 | 8,099,700 | 7,714,000 | 6,887,200 | 6,869,900 | 6,726,900 | 6,675,000 | 6,074,800 | 6,379,200 | 6,299,100 | 6,125,200 | 6,030,500 | 6,470,900 | 6,991,400 | 7,125,100 | 6,622,100 |
| Total current liabilities | US$ in thousands | 6,286,700 | 6,523,300 | 6,799,300 | 6,367,200 | 6,068,900 | 6,628,900 | 6,592,400 | 6,101,900 | 6,053,500 | 5,214,200 | 5,593,200 | 4,831,400 | 5,686,800 | 5,545,500 | 5,630,300 | 4,594,400 | 4,752,400 | 4,313,500 | 4,512,900 | 4,174,600 |
| Working capital turnover | 13.53 | 15.75 | 29.35 | 35.82 | 15.63 | 13.18 | 16.79 | 23.21 | 21.65 | 11.45 | 15.54 | 13.11 | 23.10 | 20.55 | 29.98 | 10.08 | 8.23 | 5.13 | 5.18 | 5.24 |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $21,321,900K ÷ ($7,863,000K – $6,286,700K)
= 13.53
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Trane Technologies plc
TT
13.53
Griffon Corporation
GFF
4.53
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
7.30
Quanex Building Products
NX
6.29
See also:
Trane Technologies plc Working Capital Turnover (Quarterly Data)