Carrier Global CARR Current ratio
Current ratio at other companies
Other financials
Where this comes from
Calculated from Carrier Global’s reported figures.
Based on the most recent quarter.
The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Carrier Global's current ratio?
- Carrier Global (CARR) reported current ratio of 1.1× in Q1 2026.
- How has Carrier Global's current ratio changed year-over-year?
- Carrier Global's current ratio decreased by 12.8% year-over-year, from 1.2× to 1.1×.
- What is the long-term trend for Carrier Global's current ratio?
- Over 4 years (2021 to 2025), Carrier Global's current ratio has grown at a -8.7% compound annual growth rate (CAGR), from 6.8× to 4.7×.
- What does current ratio mean?
- Whether the company has enough short-term assets to cover its short-term bills.
- How do you interpret current ratio?
- Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
- How does current ratio compare across companies?
- Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.