Carrier Global (CARR) Dividend Coverage Ratio (2019 - 2026)
Carrier Global's (CARR) quarterly Dividend Coverage Ratio came in at 2.52 in Q2 2026, down 20.5% year-over-year from 3.17 in Q2 2025, and up 111.73% quarter-over-quarter from 1.19 in Q1 2026.
Analysis
Carrier Global (CARR) Dividend Coverage Ratio (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Dividend Coverage Ratio for 8 consecutive years, with 2.52 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 20.5% year-over-year to 2.52 in Q2 2026; TTM through Jun 2026 was 1.5, a 28.59% decrease from a year earlier, with the FY2025 full-year figure at 1.88, up 13.97% from the prior year.
- Dividend Coverage Ratio was 2.52 for Q2 2026 at Carrier Global, up from 1.19 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 10.69 in Q1 2022 and troughed at 0.86 in Q4 2022.
- A 5-year average of 2.79 and a median of 2.27 in 2025 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio plunged 127.48% in 2022 and surged 414.29% in 2023, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 0.86 in 2022, then surged by 414.29% to 2.69 in 2023, then sank by 111.44% to 0.31 in 2024, then soared by 148.15% to 0.15 in 2025, then jumped by 1599.37% to 2.52 in 2026.
- The last three Dividend Coverage Ratio figures came in at 2.52 (Q2 2026), 1.19 (Q1 2026), and 0.15 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 4.04 |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 3.07 |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 15.68 |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 2.52 |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 197.79 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | - |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 2.52 |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 6.88 |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 |
| Mar 31, 2026 | 1.19 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 2.11 |
| Jun 30, 2025 | 3.17 |
| Mar 31, 2025 | 2.08 |
| Dec 31, 2024 | -0.31 |
| Sep 30, 2024 | 3.07 |
| Jun 30, 2024 | 2.43 |
| Mar 31, 2024 | 1.11 |
| Dec 31, 2023 | 2.69 |
| Sep 30, 2023 | 1.73 |
| Jun 30, 2023 | 1.28 |
| Mar 31, 2023 | 2.42 |
| Dec 31, 2022 | -0.86 |
| 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 |