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Carrier Global CARR Invested capital

Discontinued — last reported Q2 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

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×
Current ratio-0.1×

Where this comes from

Calculated from Carrier Global’s reported figures.

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 invested capital?
Carrier Global (CARR) reported invested capital of $24.71B in Q2 2026.
How has Carrier Global's invested capital changed year-over-year?
Carrier Global's invested capital decreased by 2.0% year-over-year, from $25.21B to $24.71B.
What is the long-term trend for Carrier Global's invested capital?
Over 5 years (2020 to 2025), Carrier Global's invested capital has grown at a 11.0% compound annual growth rate (CAGR), from $14.68B to $24.71B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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