Carrier Global (CARR) Dividend Coverage Ratio (2020 - 2026)
Carrier Global's (CARR) Dividend Coverage Ratio stood at -13.10 in Q3 2026, compared with 2.22 a year earlier.
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Analysis
Carrier Global (CARR) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Dividend Coverage Ratio came in at -2.29 as of Sep 30, 2026; 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%).
- The Q3 2026 figure is the lowest quarterly Dividend Coverage Ratio in data going back to Q3 2020.
- On a year-over-year basis, Dividend Coverage Ratio rose in two of the last seven quarters, with growth averaging 40.1%.
- 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 2.52 (Q2 2026), 1.18 (Q1 2026) and 0.28 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 4.55 |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 3.06 |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | -13.10 |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 15.48 |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 2.46 |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | - |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 3.71 |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 4.78 |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 4.20 |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 4.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -13.10 |
| 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 |
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();