Trane Technologies plc (TT)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 21,420,700 | 20,146,700 | 19,391,900 | 18,081,600 | 18,059,800 |
| Total stockholders’ equity | US$ in thousands | 8,600,900 | 7,457,400 | 6,995,200 | 6,105,200 | 6,273,100 |
| Financial leverage ratio | 2.49 | 2.70 | 2.77 | 2.96 | 2.88 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,420,700K ÷ $8,600,900K
= 2.49
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Trane Technologies plc
TT
2.49
Griffon Corporation
GFF
27.90
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
3.51
Quanex Building Products
NX
2.71