Carrier Global (CARR) Debt to Equity (2019 - 2026)
Carrier Global (CARR) reported Debt to Equity of $0.88 for Q1 2026, up 11.84% year-over-year from $0.79 in Q1 2025, and up 5.18% quarter-over-quarter from $0.84 in Q4 2025.
Carrier Global (CARR) Debt to Equity (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has 8 years of Debt to Equity data on file, last reported at $0.88 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.88, up 11.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.88 (up 11.84% YoY), and the FY2025 annual result was $0.84, down 2.47% from the prior year.
- Debt to Equity climbed to $0.88 in Q1 2026 per CARR's latest filing, from $0.84 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.59 in Q4 2023 and troughed at $0.76 in Q2 2025.
- A 5-year average of $1.03 and a median of $1.03 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity soared 44.97% in 2023, then sank 45.9% in 2024.
- A 5-year view of Debt to Equity shows it stood at $1.09 in 2022, then soared by 44.97% to $1.59 in 2023, then slumped by 45.9% to $0.86 in 2024, then declined by 2.47% to $0.84 in 2025, then rose by 5.18% to $0.88 in 2026.
- Business Quant data shows CARR's Debt to Equity at $0.88 in Q1 2026, $0.84 in Q4 2025, and $0.8 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 0.54 |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 0.70 |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 0.88 |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 0.96 |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | -12.17 |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 1.74 |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 0.28 |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 0.87 |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 0.45 |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 1.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.88 |
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.83 |
| Jun 30, 2024 | 0.95 |
| Mar 31, 2024 | 1.42 |
| Dec 31, 2023 | 1.59 |
| Sep 30, 2023 | 1.03 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.05 |
| Dec 31, 2022 | 1.09 |
| Sep 30, 2022 | 1.19 |
| Jun 30, 2022 | 1.23 |
| Mar 31, 2022 | 1.15 |
| Dec 31, 2021 | 1.37 |
| Sep 30, 2021 | 1.34 |
| Jun 30, 2021 | 1.37 |