Carrier Global (CARR) EV to FCF (2020 - 2026)
Carrier Global's (CARR) EV to FCF came in at 30.83 for Q2 2026, down 21.4% from 39.22 a year earlier but up 13.3% from the prior quarter.
Carrier Global (CARR) EV to FCF (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Carrier Global was 28.58, down 16.3% year-over-year; for FY2025, it was 20.25, down 62.2% from FY2024.
- In prior years, Carrier Global's EV to FCF was 53.52 in FY2024 (+199.6%), 17.86 in FY2023 (-19.0%), 22.05 in FY2022 (-5.4%) and 23.32 in FY2021 (+7.5%).
- Quarterly EV to FCF has run from a low of 17.86 in Q4 2023 to a high of 53.52 in Q4 2024 over five years.
- On a year-over-year basis, EV to FCF has declined in each of the last four quarters, with growth averaging 38.6% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2021, with growth of 270.2%; the weakest was Q4 2025, with a decline of 62.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 27.21 (Q1 2026), 20.25 (Q4 2025) and 36.22 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn |
| 10 | Lennox International | 12.27 Bn | 12.07 Bn | 539.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.83 |
| Mar 31, 2026 | 27.21 |
| Dec 31, 2025 | 20.25 |
| Sep 30, 2025 | 36.22 |
| Jun 30, 2025 | 39.22 |
| Mar 31, 2025 | 34.55 |
| Dec 31, 2024 | 53.52 |
| Sep 30, 2024 | 40.29 |
| Jun 30, 2024 | 23.72 |
| Mar 31, 2024 | 25.01 |
| Dec 31, 2023 | 17.86 |
| Sep 30, 2023 | 18.30 |
| Jun 30, 2023 | 18.65 |
| Mar 31, 2023 | 20.29 |
| Dec 31, 2022 | 22.05 |
| Sep 30, 2022 | 22.90 |
| Jun 30, 2022 | 27.62 |
| Mar 31, 2022 | 23.69 |
| Dec 31, 2021 | 23.32 |
| Sep 30, 2021 | 36.77 |
Carrier Global EV to FCF 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=ev-to-fcf&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();