Carrier Global (CARR) FCF Payout Ratio (2019 - 2026)
Carrier Global (CARR) posted quarterly FCF Payout Ratio of 0.25 for 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.
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.
- In Q2 2026, FCF Payout Ratio fell 27.96% year-over-year to 0.25; the TTM figure through Jun 2026 stood at 0.41 (down 13.88% YoY), while the FY2025 annual figure was 0.36, down 42.85% from the prior year.
- FCF Payout Ratio rose to 0.25 in Q2 2026 per CARR's latest filing, from 13.4 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 3.08 in Q1 2023 and bottomed at 13.4 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 0.68 across 5 years, with a median of 0.23 in 2025.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio jumped 716.0% — and 2026, when it sank 2976.26%.
- Carrier Global's FCF Payout Ratio stood at 0.12 in 2022, then soared by 50.42% to 0.18 in 2023, then jumped by 479.05% to 1.07 in 2024, then tumbled by 80.54% to 0.21 in 2025, then climbed by 18.16% to 0.25 in 2026.
- Business Quant data shows CARR's FCF Payout Ratio at 0.25 in Q2 2026, 13.4 in Q1 2026, and 0.21 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 0.23 |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 0.25 |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 0.14 |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 0.22 |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 0.00 |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 0.32 |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 0.08 |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | - |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 0.22 |
Historic Data
Download 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 |