Carrier Global (CARR) Dividend Coverage Ratio (2020 - 2026)
Carrier Global's (CARR) Dividend Coverage Ratio stood at 2.52 in Q2 2026, down 18.2% from 3.08 a year earlier but up 112.6% from the prior quarter.
Powered by 
Analysis
Carrier Global (CARR) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Dividend Coverage Ratio came in at 1.56 as of Jun 30, 2026, down 71.5% year-over-year; for FY2025, it was 1.92, down 77.0% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 8.36 in FY2024 (+284.4%), 2.18 in FY2023 (-68.7%), 6.94 in FY2022 (+74.0%) and 3.99 in FY2021 (-72.2%).
- Quarterly Dividend Coverage Ratio has ranged from 0.28 in Q4 2025 to 16.35 in Q4 2024 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined for five consecutive quarters, with growth averaging 35.9% over the last eight quarters.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 964.5% in Q2 2024, against a decline of 98.3% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.18 (Q1 2026), 0.28 (Q4 2025) and 2.22 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 4.00 |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 3.06 |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 15.68 |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 2.52 |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 2.56 |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | - |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 4.97 |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 3.96 |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 5.75 |
| 10 | Lennox International | 12.73 Bn | 12.54 Bn | 539.50 Mn | 5.94 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 |
| Mar 31, 2026 | 1.18 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 2.22 |
| Jun 30, 2025 | 3.08 |
| Mar 31, 2025 | 2.08 |
| Dec 31, 2024 | 16.35 |
| Sep 30, 2024 | 2.43 |
| Jun 30, 2024 | 13.67 |
| Mar 31, 2024 | 1.69 |
| Dec 31, 2023 | 2.71 |
| Sep 30, 2023 | 2.29 |
| Jun 30, 2023 | 1.28 |
| Mar 31, 2023 | 2.42 |
| Dec 31, 2022 | 2.16 |
| Sep 30, 2022 | 10.33 |
| Jun 30, 2022 | 4.48 |
| Mar 31, 2022 | 10.69 |
| Dec 31, 2021 | 3.12 |
| Sep 30, 2021 | 4.51 |
API Access
Carrier Global Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();