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Carrier Global CARR Defined Benefit Plan Funded Status

Defined Benefit Plan Funded Status at other companies

Carrier Global logo
Carrier GlobalCARR
-$123M+18.0%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$17M+6.3%
L3Harris Technologies logo
L3Harris TechnologiesLHX
$1.17B+47.9%
AZZ logo
AZZAZZ
-$15.07M+38.7%
OGS
ONE GASOGS
$47.18M+6.3%
Otis Worldwide logo
Otis WorldwideOTIS
-$284M+9.0%

Other financials

Income statement

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Revenue$5.3B+2.4%
Gross profit$1.5B+15.9%
Operating income$259.0M-58.8%
Net income$238.0M-42.2%
EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%
Total debt$12.8B+9.6%
Total equity$13.8B-2.8%
Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%
CapEx$94.0M+49.2%
Free cash flow-$15.0M-104%

Valuation

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Market cap$61.51B+4.5%
Enterprise value$72.99B+5.9%
P/E47×+36.7×
P/S2.8×+0.2×

Profitability

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Gross margin26.6%-0.6pp
Operating margin8.2%-4.7pp
Net margin6%-19.8pp
FCF margin7.7%

Returns & leverage

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Return on equity9.4%-34.7pp
Debt / equity0.9×+0.1×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:DefinedBenefitPlanFundedStatusOfPlan.

The official record: Carrier Global’s 10-K, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's defined benefit plan funded status?
Carrier Global (CARR) reported defined benefit plan funded status of -$123M in Q4 2025.
What is the long-term trend for Carrier Global's defined benefit plan funded status?
Over 3 years (2020 to 2025), Carrier Global's defined benefit plan funded status has grown at a 20.7% compound annual growth rate (CAGR), from $70M to -$123M.
What does defined benefit plan funded status mean?
The funded status is the difference between the fair value of plan assets and the projected benefit obligation (PBO). A positive value indicates an overfunded plan, while a negative value indicates an underfunded plan. This is a primary indicator of the financial health and potential future cash flow requirements of the company's retirement programs.