Carrier Global Corporation

CARR Industrials Building Products & Equipment

Carrier Global Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.7 billion, down 3.29% from fiscal 2024.

Revenue
+12.3%
EPS
−732.0%
Free cash flow
+200.9%
Total debt
−3.71%

Quarter to September 2026, against a year earlier

53.30 2.36 −4.24%
Market cap
$43.5B
P/E
0.0×
Fwd P/E
47.7×
Dividend yield
1.80%
F-score
5/9
Altman Z
2.45
Beneish M
−2.56
Dividend safety
67/100

Carrier Global Corporation (CARR) Current ratio

Alert me on Current ratio

Carrier Global Corporation's current ratio at the end of the quarter to 30 September 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

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Annual newest first

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 newest first

Period Current ratio Change
Sep 2026 1.0× (2.21%)
Jun 2026 1.0× (2.91%)
Mar 2026 1.1× (12.43%)
Dec 2025 1.2× 5.13%
25 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 2.4×
WMS Advanced Drainage Systems, Inc. compare 2.1×
MAS Masco Corporation compare 1.8×
MAIR Madison Air Solutions Corporation compare 1.8×
LII Lennox International, Inc. compare 1.2×
OC Owens Corning Inc compare 1.1×
TT Trane Technologies plc compare 1.1×
CARR Carrier Global Corporation 1.0×
JCI Johnson Controls International plc compare 0.9×
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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