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


See also:

Trane Technologies plc Working Capital Turnover (Quarterly Data)