Carrier Global (CARR) FCF Payout Ratio (2019 - 2026)
Carrier Global's (CARR) quarterly FCF Payout Ratio came in at 0.25 in Q2 2026, down 27.96% year-over-year from 0.34 in Q2 2025, and up 101.83% quarter-over-quarter from 13.4 in Q1 2026.
Analysis
Carrier Global (CARR) FCF Payout Ratio (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported FCF Payout Ratio for 8 consecutive years, with 0.25 the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 27.96% year-over-year to 0.25 in Q2 2026; TTM through Jun 2026 was 0.41, a 13.88% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 42.85% from the prior year.
- FCF Payout Ratio was 0.25 for Q2 2026 at Carrier Global, up from 13.4 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 3.08 in Q1 2023 and troughed at 13.4 in Q1 2026.
- A 5-year average of 0.68 and a median of 0.23 in 2025 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio soared 716.0% in 2023 and slumped 2976.26% in 2026, its largest moves.
- Over 5 years, FCF Payout Ratio stood at 0.12 in 2022, then jumped by 50.42% to 0.18 in 2023, then surged by 479.05% to 1.07 in 2024, then tumbled by 80.54% to 0.21 in 2025, then gained by 18.16% to 0.25 in 2026.
- The last three FCF Payout Ratio figures came in at 0.25 (Q2 2026), 13.4 (Q1 2026), and 0.21 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 0.23 |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 0.21 |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 0.03 |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 0.25 |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 0.00 |
| 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 | 0.43 |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | - |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | -13.40 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.86 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | -2.79 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 3.08 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | -3.76 |
| Mar 31, 2022 | -0.50 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.21 |