Trane Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,763	1,590	1,095	1,221	2,159
Cash & Short-Term Investments	1,763	1,590	1,095	1,221	2,159
Cash Growth	10.89%	45.17%	-10.26%	-43.47%	-34.37%
Accounts Receivable	3,235	3,518	3,415	2,981	2,594
Receivables	3,235	3,518	3,415	2,981	2,594
Inventory	2,104	1,972	2,152	1,994	1,531
Other Current Assets	760.8	258.7	207.3	183.6	186.7
Total Current Assets	7,863	7,338	6,870	6,379	6,471
Property, Plant & Equipment	2,251	2,627	2,285	1,999	1,836
Goodwill	6,457	6,128	6,095	5,504	5,505
Other Intangible Assets	3,237	3,308	3,440	3,264	3,306
Long-Term Accounts Receivable	-	-	-	239.6	218.5
Other Long-Term Assets	1,613	745.7	701.6	696.5	724.4
Total Assets	21,421	20,147	19,392	18,082	18,060
Accounts Payable	2,154	2,148	2,025	2,092	1,787
Accrued Expenses	3,440	1,656	1,488	1,150	1,423
Current Portion of Long-Term Debt	693	452.2	801.9	1,048	350.4
Current Portion of Leases	-	173.5	155.4	155.8	147.3
Current Unearned Revenue	-	1,454	1,425	1,121	920.8
Other Current Liabilities	-	185.3	157.6	120.4	123.5
Total Current Liabilities	6,287	6,069	6,054	5,687	4,752
Long-Term Debt	3,922	4,318	3,978	3,788	4,492
Long-Term Leases	-	441.2	367.3	313.5	296
Long-Term Unearned Revenue	-	560.9	472.8	678.6	642.9
Pension & Post-Retirement Benefits	-	561.9	596.9	667	810.9
Long-Term Deferred Tax Liabilities	-	404.6	513.2	526.6	581.5
Other Long-Term Liabilities	2,611	304.2	393.3	315.6	211.3
Total Liabilities	12,820	12,660	12,375	11,976	11,787
Common Stock	8,601	249	251.7	253.3	259.7
Retained Earnings	-	9,792	9,134	8,321	8,353
Treasury Stock	-	-1,719	-1,719	-1,719	-1,719
Comprehensive Income & Other	-	-864.1	-670.8	-766.2	-637.6
Total Common Equity	8,601	7,457	6,995	6,089	6,256
Minority Interest	-	29.5	21.8	16.6	17.2
Shareholders' Equity	8,601	7,487	7,017	6,105	6,273
Total Liabilities & Equity	21,421	20,147	19,392	18,082	18,060
Total Debt	4,615	5,385	5,303	5,306	5,285
Net Cash (Debt)	-2,852	-3,795	-4,207	-4,085	-3,126
Net Cash Per Share	-12.68	-16.62	-18.24	-17.39	-12.90
Filing Date Shares Outstanding	223.6	224.29	227.07	229.07	233.54
Total Common Shares Outstanding	223.6	224.47	227.17	228.83	235.19
Working Capital	1,576	1,269	816.4	692.4	1,719
Book Value Per Share	38.47	33.22	30.79	26.61	26.60
Tangible Book Value	-1,093	-1,979	-2,540	-2,679	-2,555
Tangible Book Value Per Share	-4.89	-8.81	-11.18	-11.71	-10.86
Land	-	41.1	42.3	36.8	35.1
Buildings	-	935.8	832.8	737.7	708
Machinery	-	2,478	2,224	1,997	1,825
Order Backlog	7,800	6,748	6,931	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.