Stock Analysis on Net
Stock Analysis on Net

Trane Technologies plc (NYSE:TT)

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Debt to Equity
since 2005

Microsoft Excel

Calculation

Trane Technologies plc, debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Short-term borrowings and long-term debt1 ÷ Total Trane Technologies plc shareholders’ equity1
Dec 31, 2022 0.79 = 4,836,300 ÷ 6,088,600
Dec 31, 2021 0.77 = 4,842,100 ÷ 6,255,900
Dec 31, 2020 0.82 = 5,272,100 ÷ 6,407,700
Dec 31, 2019 0.77 = 5,573,400 ÷ 7,267,600
Dec 31, 2018 0.58 = 4,091,300 ÷ 7,022,700
Dec 31, 2017 0.57 = 4,064,000 ÷ 7,140,300
Dec 31, 2016 0.61 = 4,070,200 ÷ 6,643,800
Dec 31, 2015 0.73 = 4,239,000 ÷ 5,816,700
Dec 31, 2014 0.71 = 4,224,400 ÷ 5,987,400
Dec 31, 2013 0.50 = 3,521,200 ÷ 7,068,900
Dec 31, 2012 0.45 = 3,233,000 ÷ 7,147,800
Dec 31, 2011 0.53 = 3,642,600 ÷ 6,924,300
Dec 31, 2010 0.46 = 3,683,900 ÷ 7,964,300
Dec 31, 2009 0.58 = 4,096,600 ÷ 7,101,800
Dec 31, 2008 0.77 = 5,124,100 ÷ 6,661,400
Dec 31, 2007 0.18 = 1,453,700 ÷ 7,907,900
Dec 31, 2006 0.37 = 1,984,600 ÷ 5,404,800
Dec 31, 2005 0.37 = 2,117,000 ÷ 5,762,000

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in thousands

Comparison to Competitors

Trane Technologies plc, debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Trane Technologies plc Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2022 0.79 — 2.33 0.51 0.89 1.17 1.68 0.44
Dec 31, 2021 0.77 — 2.29 0.52 0.87 1.06 1.07 0.43
Dec 31, 2020 0.82 — 2.42 0.54 2.11 1.28 2.02 0.44
Dec 31, 2019 0.77 — 2.58 0.52 3.21 0.87 4.05 1.04
Dec 31, 2018 0.58 40.85 2.60 0.47 3.55 0.89 9.04 1.18
Dec 31, 2017 0.57 31.32 2.55 0.45 2.09 1.04 — 0.93
Dec 31, 2016 0.61 12.18 2.80 0.56 1.80 0.81 9.45 0.87
Dec 31, 2015 0.73 1.57 2.57 0.56 2.02 0.66 4.62 0.75
Dec 31, 2014 0.71 1.05 2.35 0.57 2.85 0.49 1.81 0.63
Dec 31, 2013 0.50 0.65 1.81 0.57 2.93 0.51 1.25 0.64
Dec 31, 2012 0.45 1.77 2.29 0.72 3.37 0.58 157.90 0.90
Dec 31, 2011 0.53 3.52 2.69 0.51 3.89 0.70 6.45 0.47
Dec 31, 2010 0.46 4.49 2.63 0.47 4.02 0.62 1.35 0.48
Dec 31, 2009 0.58 6.07 3.62 0.51 4.35 0.86 1.22 0.49
Dec 31, 2008 0.77 — 5.84 0.68 5.00 1.17 1.24 0.72
Dec 31, 2007 0.18 0.91 3.20 0.66 4.45 0.83 0.44 0.43
Dec 31, 2006 0.37 2.01 3.98 0.63 3.85 0.52 0.64 0.46
Dec 31, 2005 0.37 0.97 3.05 0.65 3.39 0.45 0.61 0.48

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Capital Goods)

Trane Technologies plc, debt to equity, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Trane Technologies plc Capital Goods
Dec 31, 2022 0.79 1.33
Dec 31, 2021 0.77 1.26
Dec 31, 2020 0.82 1.75
Dec 31, 2019 0.77 2.08
Dec 31, 2018 0.58 2.03
Dec 31, 2017 0.57 1.74
Dec 31, 2016 0.61 1.60
Dec 31, 2015 0.73 1.64
Dec 31, 2014 0.71 2.06
Dec 31, 2013 0.50 2.00
Dec 31, 2012 0.45 2.56
Dec 31, 2011 0.53 3.04
Dec 31, 2010 0.46 3.10
Dec 31, 2009 0.58 3.46
Dec 31, 2008 0.77 4.19
Dec 31, 2007 0.18 3.21
Dec 31, 2006 0.37 3.02
Dec 31, 2005 0.37 2.53

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

Trane Technologies plc, debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel
Trane Technologies plc Industrials
Dec 31, 2022 0.79 1.32
Dec 31, 2021 0.77 1.25
Dec 31, 2020 0.82 1.73
Dec 31, 2019 0.77 1.86
Dec 31, 2018 0.58 1.87
Dec 31, 2017 0.57 1.65
Dec 31, 2016 0.61 1.55
Dec 31, 2015 0.73 1.52
Dec 31, 2014 0.71 1.86
Dec 31, 2013 0.50 1.77
Dec 31, 2012 0.45 2.24
Dec 31, 2011 0.53 2.56
Dec 31, 2010 0.46 2.63
Dec 31, 2009 0.58 2.92
Dec 31, 2008 0.77 3.45
Dec 31, 2007 0.18 2.72
Dec 31, 2006 0.37 2.46
Dec 31, 2005 0.37 2.11

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).