Trane Tax Provision from 2010 to 2024

TT Stock  USD 416.22  0.13  0.03%   
Trane Technologies Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 375.5 M in 2024. Tax Provision is the amount set aside by Trane Technologies plc to cover any estimated taxes for the current period. It reflects Trane Technologies' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
205.8 M
Current Value
181.1 M
Quarterly Volatility
45.5 M
 
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 272.7 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' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Trane Technologies plc over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Trane Technologies' Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Trane Tax Provision Regression Statistics

Arithmetic Mean410,105,259
Geometric Mean380,607,301
Coefficient Of Variation33.28
Mean Deviation116,328,425
Median375,900,000
Standard Deviation136,500,840
Sample Variance18632.5T
Range439.6M
R-Value(0.49)
Mean Square Error15305.2T
R-Squared0.24
Significance0.07
Slope(14,866,956)
Total Sum of Squares260854.7T

Trane Tax Provision History

2024375.5 M
2023498.4 M
2022375.9 M
2021333.5 M
2020296.8 M
2019353.7 M
2018290.3 M

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax Provision498.4 M375.5 M

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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.