Carrier Global Corporation CARR

56.37 1.50 2.73% as of 25 Sep
Market cap
$45.3B
P/E
38.9×
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Carrier Global Corporation (CARR) Current ratio

Carrier Global Corporation's current ratio at the end of the quarter to 30 June 2026 was 1.0×, down 0.2× from fiscal 2025 (1.2×). Over the past ten years it has ranged from 1.2× (fiscal 2025) to 2.8× (fiscal 2023) — the current reading is the lowest in ten years. That is below the Building Products & Equipment industry median of 1.8× and below the Industrials sector median of 1.8×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 1.2× (4.29%)
FY2024 1.3× (55.31%)
FY2023 2.8× 71.22%
FY2022 1.6× (4.85%)
FY2021 1.7× 3.19%
FY2020 1.7× 25.10%
FY2019 1.3× (2.52%)
FY2018 1.4× —

Quarterly

Period Current ratio Change
Jun 2026 1.0× (2.91%)
Mar 2026 1.1× (12.43%)
Dec 2025 1.2× 5.13%
Sep 2025 1.1× (2.17%)
24 more quarters

Against its own ten years

Low 1.2× High 2.8×
Ten-year median 1.5×
Current reading's percentile 13

Current ratio against peers

Company Current ratio
CSL Carlisle Companies Incorporated compare 2.6×
WMS Advanced Drainage Systems, Inc. compare 2.1×
MAS Masco Corporation compare 1.9×
SPXC SPX Technologies, Inc. compare 1.8×
LII Lennox International, Inc. compare 1.6×
OC Owens Corning Inc compare 1.2×
TT Trane Technologies plc compare 1.1×
CARR Carrier Global Corporation 1.0×
JCI Johnson Controls International plc compare 1.0×
Building Products & Equipment industry median 1.8×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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