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.

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Trane Technologies plc, current enterprise value calculation

Microsoft Excel
Current share price (P) $177.74
No. shares of common stock outstanding 228,051,842
US$ in thousands
Common equity (market value)1 40,533,934
Add: Noncontrolling interest (per books) 16,600
Total equity 40,550,534
Add: Short-term borrowings and current maturities of long-term debt (per books) 1,048,000
Add: Long-term debt,excluding current maturities (per books) 3,788,300
Total equity and debt 45,386,834
Less: Cash and cash equivalents 1,220,500
Enterprise value (EV) 44,166,334

Based on: 10-K (reporting date: 2022-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 177.74 × 228,051,842

Historical Enterprise Value (EV)

Trane Technologies plc, EV calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Share price1, 2 $183.14 $156.97 $145.71 $144.97 $103.75
No. shares of common stock outstanding1 229,074,725 233,538,091 238,428,700 238,401,033 242,168,631
US$ in thousands
Common equity (market value)3 41,952,745 36,658,474 34,741,446 34,560,998 25,124,995
Add: Noncontrolling interest (book value) 16,600 17,200 19,400 44,800 42,100
Total equity 41,969,345 36,675,674 34,760,846 34,605,798 25,167,095
Add: Short-term borrowings and current maturities of long-term debt (book value) 1,048,000 350,400 775,600 650,500 350,600
Add: Long-term debt,excluding current maturities (book value) 3,788,300 4,491,700 4,496,500 4,922,900 3,740,700
Total equity and debt 46,805,645 41,517,774 40,032,946 40,179,198 29,258,395
Less: Cash and cash equivalents 1,220,500 2,159,200 3,289,900 1,303,600 903,400
Enterprise value (EV) 45,585,145 39,358,574 36,743,046 38,875,598 28,354,995

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).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Trane Technologies plc Annual Report.

3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 183.14 × 229,074,725

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Trane Technologies plc EV increased from 2020 to 2021 and from 2021 to 2022.