Trane Fixed Asset Turnover from 2010 to 2024

TT Stock  USD 413.32  4.17  1.00%   
Trane Technologies Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 5.75 in 2024. From the period from 2010 to 2024, Trane Technologies Fixed Asset Turnover quarterly data regression had r-value of  0.20 and coefficient of variation of  17.38. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.73535203
Current Value
5.75
Quarterly Volatility
1.47628785
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trane Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trane Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 272.8 M, Total Revenue of 10.6 B or Gross Profit of 3.1 B, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0242 or PTB Ratio of 8.32. Trane financial statements analysis is a perfect complement when working with Trane Technologies Valuation or Volatility modules.
  
Check out the analysis of Trane Technologies Correlation against competitors.

Latest Trane Technologies' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Trane Technologies plc over the last few years. It is Trane Technologies' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trane Technologies' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Trane Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.50
Geometric Mean8.35
Coefficient Of Variation17.38
Mean Deviation0.98
Median8.94
Standard Deviation1.48
Sample Variance2.18
Range5.6361
R-Value0.20
Mean Square Error2.25
R-Squared0.04
Significance0.47
Slope0.07
Total Sum of Squares30.51

Trane Fixed Asset Turnover History

2024 5.75
2023 7.74
2022 10.41
2021 10.11
2020 9.23
2019 9.19
2018 9.05

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Trane Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Trane Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Trane Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.74  5.75 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Trane Stock Analysis

When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.