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Quick ratio at other companies

EMCOR Group logo
EMCOR GroupEME
1.3×+0.1×
Johnson Controls International logo
Johnson Controls InternationalJCI
0.9×0.0×
Comfort Systems USA logo
Comfort Systems USAFIX
1.2×+0.2×
Lennox International logo
Lennox InternationalLII
0.6×-0.1×
Trane Technologies logo
Trane TechnologiesTT
0.7×0.0×
APi Group logo
APi GroupAPG
1.4×0.0×

Other financials

Income statement

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Revenue$5.3B+2.4%
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$59.64B-14.1%
Enterprise value$71.12B-9.7%
P/E45.5×+33.4×
P/S2.7×-0.4×

Profitability

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

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

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 quick ratio?
Carrier Global (CARR) reported quick ratio of 0.7× in Q1 2026.
How has Carrier Global's quick ratio changed year-over-year?
Carrier Global's quick ratio decreased by 9.3% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for Carrier Global's quick ratio?
Over 4 years (2021 to 2025), Carrier Global's quick ratio has grown at a -12.3% compound annual growth rate (CAGR), from 5.5× to 3.2×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.