Carrier Global (CARR) Free Cash Flow (2019 - 2026)
Carrier Global (CARR) posted quarterly Free Cash Flow of $810.0 million for 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.
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.
- In Q2 2026, Free Cash Flow rose 43.87% year-over-year to $810.0 million; the TTM figure through Jun 2026 stood at $1.9 billion (up 24.39% YoY), while the FY2025 annual figure was $2.1 billion, up 101.62% from the prior year.
- Free Cash Flow climbed to $810.0 million in Q2 2026 per CARR's latest filing, from -$15.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.0 billion in Q4 2022 and bottomed at -$258.0 million in Q1 2022.
- Historically, Free Cash Flow has averaged $420.1 million across 5 years, with a median of $420.5 million in 2024.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 296.95% — and 2023, when it soared 1011.76%.
- Carrier Global's Free Cash Flow stood at $1.0 billion in 2022, then retreated by 17.57% to $840.0 million in 2023, then tumbled by 82.62% to $146.0 million in 2024, then jumped by 522.6% to $909.0 million in 2025, then decreased by 10.89% to $810.0 million in 2026.
- Business Quant data shows CARR's Free Cash Flow at $810.0 million in Q2 2026, -$15.0 million in Q1 2026, and $909.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 1.02 Bn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 810.00 Mn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 200.10 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 453.00 Mn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 136.30 Mn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 199.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 203.24 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 68.50 Mn |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 69.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 810.00 Mn |
| Jun 30, 2026 | 810.00 Mn |
| Mar 31, 2026 | -15.00 Mn |
| Mar 31, 2026 | -15.00 Mn |
| Dec 31, 2025 | 909.00 Mn |
| Dec 31, 2025 | 909.00 Mn |
| Sep 30, 2025 | 224.00 Mn |
| Sep 30, 2025 | 224.00 Mn |
| Jun 30, 2025 | 563.00 Mn |
| Jun 30, 2025 | 563.00 Mn |
| Mar 31, 2025 | 425.00 Mn |
| Mar 31, 2025 | 425.00 Mn |
| Dec 31, 2024 | 146.00 Mn |
| Dec 31, 2024 | 146.00 Mn |
| Sep 30, 2024 | 416.00 Mn |
| Sep 30, 2024 | 416.00 Mn |
| Jun 30, 2024 | 547.00 Mn |
| Jun 30, 2024 | 547.00 Mn |
| Mar 31, 2024 | -57.00 Mn |
| Mar 31, 2024 | -57.00 Mn |