Carrier Global CARR
NYSE CARR
$57.44 +0.81 (+1.43%)
At close: Sep 11, 2026 · 4:00 PM EDT

Carrier Global (CARR) Free Cash Flow (2019 - 2026)

Carrier Global's (CARR) quarterly Free Cash Flow came in at $810.0 million in Q2 2026, up 43.87% year-over-year from $563.0 million in Q2 2025, and up 5500.0% quarter-over-quarter from -$15.0 million in Q1 2026.

Analysis

Carrier Global (CARR) Free Cash Flow (2019 - 2026) Analysis & Trends

Carrier Global (CARR) has reported Free Cash Flow for 8 consecutive years, with $810.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 43.87% year-over-year to $810.0 million in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 24.39% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 101.62% from the prior year.
  • Free Cash Flow was $810.0 million for Q2 2026 at Carrier Global, up from -$15.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $1.0 billion in Q4 2022 and troughed at -$258.0 million in Q1 2022.
  • A 5-year average of $420.1 million and a median of $420.5 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow tumbled 296.95% in 2022 and surged 1011.76% in 2023, its largest moves.
  • Over 5 years, Free Cash Flow stood at $1.0 billion in 2022, then declined by 17.57% to $840.0 million in 2023, then tumbled by 82.62% to $146.0 million in 2024, then surged by 522.6% to $909.0 million in 2025, then fell by 10.89% to $810.0 million in 2026.
  • The last three Free Cash Flow figures came in at $810.0 million (Q2 2026), -$15.0 million (Q1 2026), and $909.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 1.02 Bn
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 1.19 Bn
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 998.06 Mn
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 810.00 Mn
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 136.30 Mn
6 Modine Manufacturing 9.98 Bn 9.92 Bn - -
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 68.50 Mn
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 114.40 Mn
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn -31.18 Mn
10 Legence 6.12 Bn 6.21 Bn 220.23 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 810.00 Mn
Mar 31, 2026 -15.00 Mn
Dec 31, 2025 909.00 Mn
Sep 30, 2025 224.00 Mn
Jun 30, 2025 563.00 Mn
Mar 31, 2025 425.00 Mn
Dec 31, 2024 146.00 Mn
Sep 30, 2024 416.00 Mn
Jun 30, 2024 547.00 Mn
Mar 31, 2024 -57.00 Mn
Dec 31, 2023 840.00 Mn
Sep 30, 2023 968.00 Mn
Jun 30, 2023 310.00 Mn
Mar 31, 2023 50.00 Mn
Dec 31, 2022 1.02 Bn
Sep 30, 2022 699.00 Mn
Jun 30, 2022 -34.00 Mn
Mar 31, 2022 -258.00 Mn
Dec 31, 2021 775.00 Mn
Sep 30, 2021 505.00 Mn