• Trane Technologies average return on assets for 2023 was 10.46, a 18.06% increase from 2022.
• Trane Technologies average return on assets for 2022 was 8.86, a 21.87% increase from 2021.
• Trane Technologies average return on assets for 2021 was 7.27, a 39.27% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.