Carrier Global CARR
NYSE CARR
$57.96 -1.15 (-1.95%)
As of: Sep 9, 2026 · 3:59 PM EDT

Carrier Global (CARR) Debt Ratio (2019 - 2026)

Carrier Global's (CARR) quarterly Debt Ratio came in at 0.32 in Q2 2026, up 7.58% year-over-year from 0.3 in Q2 2025, and down 2.18% quarter-over-quarter from 0.33 in Q1 2026.

Analysis

Carrier Global (CARR) Debt Ratio (2019 - 2026) Analysis & Trends

Carrier Global (CARR) has reported Debt Ratio for 8 consecutive years, with 0.32 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 7.58% year-over-year to 0.32 in Q2 2026; TTM through Jun 2026 was 0.32, a 7.58% increase from a year earlier, with the FY2025 full-year figure at 0.32, down 3.73% from the prior year.
  • Debt Ratio was 0.32 for Q2 2026 at Carrier Global, down from 0.33 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.44 in Q4 2023 and troughed at 0.3 in Q2 2025.
  • A 5-year average of 0.34 and a median of 0.33 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio climbed 28.47% in 2023 and dropped 25.88% in 2025, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.34 in 2022, then grew by 28.47% to 0.44 in 2023, then retreated by 24.1% to 0.33 in 2024, then declined by 3.73% to 0.32 in 2025, then gained by 0.51% to 0.32 in 2026.
  • The last three Debt Ratio figures came in at 0.32 (Q2 2026), 0.33 (Q1 2026), and 0.32 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 0.19
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 0.26
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 0.01
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 0.32
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 0.35
6 Modine Manufacturing 9.82 Bn 9.75 Bn - 0.16
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 0.17
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 0.17
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 0.23
10 Csw Industrials 4.90 Bn 4.87 Bn - 0.38
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.32
Mar 31, 2026 0.33
Dec 31, 2025 0.32
Sep 30, 2025 0.31
Jun 30, 2025 0.30
Mar 31, 2025 0.31
Dec 31, 2024 0.33
Sep 30, 2024 0.31
Jun 30, 2024 0.33
Mar 31, 2024 0.41
Dec 31, 2023 0.44
Sep 30, 2023 0.33
Jun 30, 2023 0.33
Mar 31, 2023 0.34
Dec 31, 2022 0.34
Sep 30, 2022 0.35
Jun 30, 2022 0.36
Mar 31, 2022 0.35
Dec 31, 2021 0.37
Sep 30, 2021 0.38