Carrier Global (CARR) Total Debt (2019 - 2026)
Carrier Global's Total Debt was $11.95 billion in Q2 2026, up 4.4% from $11.44 billion a year earlier but down 1.7% from the prior quarter.
Analysis
Carrier Global (CARR) Total Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Carrier Global came in at $11.83 billion, down 4.3% from FY2024.
- Total Debt shows a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- In earlier years, Total Debt was $12.36 billion in FY2024 (-13.5%), $14.29 billion in FY2023 (+61.6%), $8.84 billion in FY2022 (-8.8%) and $9.7 billion in FY2021 (-5.2%).
- Quarterly Total Debt has moved between $8.56 billion (Q1 2022) and $16.9 billion (Q1 2024) over five years.
- Compared with a year earlier, Total Debt was higher in three of the last eight quarters, with an average decline of 1.9%.
- The best year-over-year quarter for Total Debt over five years was Q1 2024 (growth of 90.9%); the worst was Q1 2025 (a decline of 33.8%).
- Per Business Quant data, CARR's Total Debt in the three quarters before Q2 2026 was $12.16 billion (Q1 2026), $11.83 billion (Q4 2025) and $11.92 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 4.62 Bn |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 9.48 Bn |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 54.06 Mn |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 11.95 Bn |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 8.44 Bn |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 4.28 Bn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 3.25 Bn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 2.03 Bn |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 2.88 Bn |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 1.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.95 Bn |
| Mar 31, 2026 | 12.16 Bn |
| Dec 31, 2025 | 11.83 Bn |
| Sep 30, 2025 | 11.92 Bn |
| Jun 30, 2025 | 11.44 Bn |
| Mar 31, 2025 | 11.18 Bn |
| Dec 31, 2024 | 12.36 Bn |
| Sep 30, 2024 | 12.43 Bn |
| Jun 30, 2024 | 13.32 Bn |
| Mar 31, 2024 | 16.90 Bn |
| Dec 31, 2023 | 14.29 Bn |
| Sep 30, 2023 | 8.79 Bn |
| Jun 30, 2023 | 8.79 Bn |
| Mar 31, 2023 | 8.85 Bn |
| Dec 31, 2022 | 8.84 Bn |
| Sep 30, 2022 | 8.89 Bn |
| Jun 30, 2022 | 8.57 Bn |
| Mar 31, 2022 | 8.56 Bn |
| Dec 31, 2021 | 9.70 Bn |
| Sep 30, 2021 | 9.69 Bn |
API Access
Carrier Global Total Debt 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=total-debt&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();