Carrier Global (CARR) FCF Payout Ratio (2020 - 2026)
Carrier Global's (CARR) FCF Payout Ratio stood at 0.29 in Q3 2026, down 65.9% from 0.86 a year earlier but up 19.6% from the prior quarter.
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Analysis
Carrier Global (CARR) FCF Payout Ratio (2020 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's FCF Payout Ratio came in at 0.33 as of Sep 30, 2026, down 39.2% year-over-year; for FY2025, it came in at 0.36, down 42.8% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.64 in FY2024 (+122.7%), 0.29 in FY2023 (-19.9%), 0.36 in FY2022 (+62.0%) and 0.22 in FY2021 (+120.3%).
- Quarterly FCF Payout Ratio has ranged from 0.12 in Q4 2022 to 3.08 in Q1 2023 over the past five years.
- On a year-over-year basis, FCF Payout Ratio rose in three of the last six quarters, with growth averaging 68.1%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 479.1% in Q4 2024, against a decline of 92.5% in Q4 2021 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 0.19 |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 0.29 |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 0.04 |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 0.56 |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | - |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 0.19 |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 0.17 |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 0.18 |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.29 |
| Jun 30, 2026 | 0.25 |
| 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 |
| 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 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.22 |
| Mar 31, 2021 | 0.79 |
| Dec 31, 2020 | 1.79 |
API Access
Carrier Global FCF Payout 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=fcf-payout-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-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=fcf-payout-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();