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Carrier Global CARR Current ratio

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Other financials

Income statement

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Revenue$6.4B+3.9%
Gross profit$1.5B-28.0%
Operating income$825.0M-8.6%
Net income$501.0M-15.2%
EPS (diluted)$0.60-11.8%

Balance sheet

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Cash & equivalents$1.3B-25.2%
Total debt$12.6B+5.0%
Total equity$13.5B-10.3%
Total assets$37.4B-2.9%

Cash flow

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Operating cash flow$927.0M+42.8%
CapEx$117.0M+44.4%
Free cash flow$810.0M+42.6%

Valuation

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Market cap$50.95B-10.0%
Enterprise value$62.19B-6.9%
P/E41.8×+27.6×
P/S2.3×-0.2×

Profitability

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Gross margin26.6%-12.4pp
Operating margin7.8%-5.9pp
Net margin5.5%-12.3pp
FCF margin8.7%

Returns & leverage

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Return on equity8.6%-18.9pp
Debt / equity0.9×+0.1×

Where this comes from

Calculated from Carrier Global’s reported figures.

Based on the most recent quarter.

The source filing: Carrier Global’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001783180-26-000032

FAQ

What is Carrier Global's current ratio?
Carrier Global (CARR) reported current ratio of 1× in Q2 2026.
How has Carrier Global's current ratio changed year-over-year?
Carrier Global's current ratio decreased by 12.6% year-over-year, from 1.2× to 1×.
What is the long-term trend for Carrier Global's current ratio?
Over 5 years (2020 to 2025), Carrier Global's current ratio has grown at a -6.4% compound annual growth rate (CAGR), from 1.7× to 1.2×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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