Growth Metrics

Carrier Global (CARR) Equity Ratio (2019 - 2026)

Carrier Global (CARR) reported Equity Ratio of 0.37 for Q1 2026, down 4.73% year-over-year from 0.39 in Q1 2025, and down 2.3% on a QoQ basis from 0.38 in Q4 2025.

Carrier Global (CARR) has 8 years of Equity Ratio data on file, last reported at 0.37 in Q1 2026.

  • Quarterly Equity Ratio fell 4.73% year-over-year to 0.37 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.37 (down 4.73% YoY) and the FY2025 annual result came in at 0.38, down 1.29% from the prior year.
  • Equity Ratio slipped to 0.37 in Q1 2026 per CARR's latest filing, from 0.38 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.39 in Q2 2025 and bottomed at 0.27 in Q4 2023.
  • The 5-year median for Equity Ratio is 0.32 (2023), against an average of 0.34.
  • The widest annual swing landed in 2023, when Equity Ratio declined 11.38%; it then jumped 40.28% in 2024.
  • Tracing CARR's Equity Ratio over 5 years: stood at 0.31 in 2022, then declined by 11.38% to 0.27 in 2023, then soared by 40.28% to 0.38 in 2024, then fell by 1.29% to 0.38 in 2025, then slipped by 2.3% to 0.37 in 2026.
  • Per Business Quant, the three latest CARR Equity Ratio figures stand at 0.37 (Q1 2026), 0.38 (Q4 2025), and 0.39 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 0.38
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 0.35
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 0.37
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 0.28
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -0.05
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 0.28
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 0.53
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 0.59
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 0.41
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 0.28

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.38
Sep 30, 2025 0.39
Jun 30, 2025 0.39
Mar 31, 2025 0.39
Dec 31, 2024 0.38
Sep 30, 2024 0.37
Jun 30, 2024 0.35
Mar 31, 2024 0.29
Dec 31, 2023 0.27
Sep 30, 2023 0.32
Jun 30, 2023 0.32
Mar 31, 2023 0.32
Dec 31, 2022 0.31
Sep 30, 2022 0.29
Jun 30, 2022 0.30
Mar 31, 2022 0.31
Dec 31, 2021 0.27
Sep 30, 2021 0.28
Jun 30, 2021 0.28
Mar 31, 2021 0.27
Dec 31, 2020 0.26
Sep 30, 2020 0.21
Jun 30, 2020 0.18
Mar 31, 2020 0.14
Dec 31, 2019 0.64