Trane Technologies plc (2IS) — Working Capital to Net Assets Ratio
Trane Technologies plc (2IS) has a Working Capital to Net Assets ratio of 18.3% as of December 2025. Working capital of €1.58 Billion (current assets of €7.86 Billion minus current liabilities of €6.29 Billion) is measured against net assets of €8.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2IS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trane Technologies plc Working Capital to Net Assets (2013–2025)
This chart shows how Trane Technologies plc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 18.3%, reflecting working capital of €1.58 Billion against net assets of €8.60 Billion EUR. For the complete balance sheet picture, see Trane Technologies plc balance sheet assets.
Annual Working Capital to Net Assets for Trane Technologies plc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trane Technologies plc from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check 2IS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.3% | €1.58 Billion | €8.60 Billion | €7.86 Billion | €6.29 Billion | ▲ +1.4 pp |
| 2024 | 16.9% | €1.27 Billion | €7.49 Billion | €7.34 Billion | €6.07 Billion | ▲ +5.3 pp |
| 2023 | 11.6% | €816.40 Million | €7.02 Billion | €6.87 Billion | €6.05 Billion | ▲ +0.3 pp |
| 2022 | 11.3% | €692.40 Million | €6.11 Billion | €6.38 Billion | €5.69 Billion | ▼ -16.1 pp |
| 2021 | 27.4% | €1.72 Billion | €6.27 Billion | €6.47 Billion | €4.75 Billion | ▼ -12.5 pp |
| 2020 | 39.9% | €2.57 Billion | €6.43 Billion | €6.91 Billion | €4.34 Billion | ▼ -15.5 pp |
| 2019 | 55.5% | €4.06 Billion | €7.31 Billion | €9.29 Billion | €5.24 Billion | ▲ +35.4 pp |
| 2018 | 20.0% | €1.42 Billion | €7.06 Billion | €5.73 Billion | €4.32 Billion | ▲ +2.1 pp |
| 2017 | 17.9% | €1.29 Billion | €7.21 Billion | €6.12 Billion | €4.83 Billion | ▼ -11.7 pp |
| 2016 | 29.6% | €1.99 Billion | €6.72 Billion | €5.58 Billion | €3.59 Billion | ▲ +13.3 pp |
| 2015 | 16.3% | €961.00 Million | €5.88 Billion | €4.61 Billion | €3.65 Billion | ▼ -17.4 pp |
| 2014 | 33.8% | €2.04 Billion | €6.05 Billion | €5.71 Billion | €3.67 Billion | ▲ +1.4 pp |
| 2013 | 32.4% | €2.31 Billion | €7.13 Billion | €5.72 Billion | €3.41 Billion | — |