Carrier Global (CARR) Debt Ratio (2019 - 2026)
Carrier Global (CARR) posted quarterly Debt Ratio of 0.32 for 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.
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.
- In Q2 2026, Debt Ratio rose 7.58% year-over-year to 0.32; the TTM figure through Jun 2026 stood at 0.32 (up 7.58% YoY), while the FY2025 annual figure was 0.32, down 3.73% from the prior year.
- Debt Ratio fell to 0.32 in Q2 2026 per CARR's latest filing, from 0.33 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.44 in Q4 2023 and bottomed at 0.3 in Q2 2025.
- Historically, Debt Ratio has averaged 0.34 across 5 years, with a median of 0.33 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio grew 28.47% — and 2025, when it declined 25.88%.
- Carrier Global's Debt Ratio stood at 0.34 in 2022, then rose by 28.47% to 0.44 in 2023, then slipped by 24.1% to 0.33 in 2024, then retreated by 3.73% to 0.32 in 2025, then climbed by 0.51% to 0.32 in 2026.
- Business Quant data shows CARR's Debt Ratio at 0.32 in Q2 2026, 0.33 in Q1 2026, and 0.32 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 0.24 |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 0.32 |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 0.60 |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 0.46 |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 0.26 |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 0.48 |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 0.36 |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 0.15 |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |