Carrier Global (CARR) Payout Ratio (2020 - 2026)
Carrier Global's (CARR) Payout Ratio was 0.64 for Q2 2026, up 251.3% from 0.18 a year earlier and up 8.3% from the prior quarter.
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Analysis
Carrier Global (CARR) Payout Ratio (2020 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Carrier Global was 0.52, up 335.1% from FY2024.
- By year, Payout Ratio came in at 0.12 in FY2024 (-74.0%), 0.46 in FY2023 (+219.1%), 0.14 in FY2022 (-42.5%) and 0.25 in FY2021 (+259.9%).
- The Q2 2026 figure ranks as the highest quarterly Payout Ratio in data going back to Q3 2020.
- Year over year, Payout Ratio has now increased in each of the last three quarters, with growth averaging 93.5% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was Q1 2026 (growth of 379.5%); the low point was Q1 2025 (a decline of 75.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.59 (Q1 2026), 0.52 (Q4 2025) and 0.19 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 103.43 Bn | 98.15 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 91.46 Bn | 89.19 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 50.00 Bn | 45.25 Bn | 844.23 Mn |
| 4 | Carrier Global | 46.70 Bn | 41.00 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 27.69 Bn | 24.11 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 15.36 Bn | 14.43 Bn | 548.70 Mn |
| 7 | Masco | 14.84 Bn | 12.70 Bn | 868.00 Mn |
| 8 | Carlisle Companies | 13.74 Bn | 10.09 Bn | 568.40 Mn |
| 9 | Allegion | 13.44 Bn | 12.15 Bn | 517.50 Mn |
| 10 | Lennox International | 12.63 Bn | 12.44 Bn | 539.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.64 |
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.50 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.17 |
API Access
Carrier Global 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=payout-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();