Trane Technologies plc (TT)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,906,100 | 3,919,700 | 3,803,300 | 3,675,000 | 3,472,800 | 3,334,400 | 3,157,700 | 2,963,100 | 2,801,700 | 2,708,100 | 2,574,900 | 2,455,900 | 2,396,000 | 2,268,300 | 2,123,800 | 2,067,000 | 2,027,000 | 1,960,900 | 1,946,800 | 1,717,800 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 8,600,900 | 8,346,300 | 7,834,200 | 7,491,000 | 7,457,400 | 7,591,500 | 6,947,300 | 6,889,700 | 6,995,200 | 6,700,400 | 6,277,200 | 6,054,300 | 6,105,200 | 5,858,300 | 5,739,300 | 5,998,600 | 6,273,100 | 6,475,100 | 6,457,300 | 6,296,700 |
| Return on total capital | 45.42% | 46.96% | 48.55% | 49.06% | 46.57% | 43.92% | 45.45% | 43.01% | 40.05% | 40.42% | 41.02% | 40.56% | 39.25% | 38.72% | 37.00% | 34.46% | 32.31% | 30.28% | 30.15% | 27.28% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,906,100K ÷ ($—K + $8,600,900K)
= 45.42%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Trane Technologies plc
TT
45.42%
Griffon Corporation
GFF
304.15%
Johnson Controls International PLC
JCI
15.23%
Lennox International Inc
LII
70.26%
Quanex Building Products
NX
-25.72%