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Carrier Global (CARR) Ratios
Carrier Global Ratios
CARR's free cash flow for Q3 2026 was $674.00M. For the 2026 fiscal year, CARR's free cash flow was decreased by $-139.00M and operating cash flow was $813.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.20 | 1.25 | 2.80 | 1.64 | 1.72 |
| Quick Ratio | 0.85 | 0.96 | 2.54 | 1.20 | 1.42 |
| Cash Ratio | 0.22 | 0.50 | 1.41 | 0.58 | 0.45 |
| Solvency Ratio | 0.12 | 0.30 | 0.08 | 0.21 | 0.10 |
| Operating Cash Flow Ratio | 0.29 | 0.07 | 0.37 | 0.29 | 0.34 |
| Short-Term Operating Cash Flow Coverage | 4.46 | 0.45 | 51.12 | 12.45 | 12.22 |
| Net Current Asset Value | $ -14.53B | $ -13.12B | $ -4.24B | $ -8.13B | $ -7.67B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.34 | 0.34 | 0.45 | 0.36 | 0.39 |
| Debt-to-Equity Ratio | 0.92 | 0.90 | 1.69 | 1.21 | 1.51 |
| Debt-to-Capital Ratio | 0.48 | 0.47 | 0.63 | 0.55 | 0.60 |
| Long-Term Debt-to-Capital Ratio | 0.46 | 0.44 | 0.62 | 0.53 | 0.58 |
| Financial Leverage Ratio | 2.69 | 2.66 | 3.78 | 3.36 | 3.87 |
| Debt Service Coverage Ratio | 4.05 | 1.65 | 6.10 | 3.78 | 4.40 |
| Interest Coverage Ratio | 5.53 | 3.62 | 7.06 | 13.19 | 8.29 |
| Debt to Market Cap | 0.28 | 0.20 | 0.30 | 0.25 | 0.21 |
| Interest Debt Per Share | 15.51 | 14.80 | 17.83 | 11.47 | 12.15 |
| Net Debt to EBITDA | 3.15 | 2.14 | 1.77 | 2.56 | 2.49 |
| Profitability Margins | |||||
| Gross Profit Margin | 25.86% | 26.60% | 27.31% | 24.89% | 29.15% |
| EBIT Margin | 10.37% | 12.69% | 11.65% | 11.32% | 12.46% |
| EBITDA Margin | 16.23% | 18.17% | 14.24% | 13.22% | 14.10% |
| Operating Profit Margin | 8.77% | 9.33% | 11.40% | 23.04% | 12.83% |
| Pretax Profit Margin | 8.27% | 10.11% | 10.55% | 22.11% | 11.64% |
| Net Profit Margin | 6.82% | 24.92% | 7.12% | 20.44% | 8.07% |
| Continuous Operations Profit Margin | 7.16% | 5.39% | 7.80% | 18.55% | 8.25% |
| Net Income Per EBT | 82.54% | 246.44% | 67.48% | 92.44% | 69.33% |
| EBT Per EBIT | 94.28% | 108.39% | 92.55% | 95.96% | 90.74% |
| Return on Assets (ROA) | 3.99% | 14.98% | 4.11% | 13.55% | 6.36% |
| Return on Equity (ROE) | 10.75% | 39.80% | 15.55% | 45.55% | 24.59% |
| Return on Capital Employed (ROCE) | 6.34% | 7.11% | 8.36% | 19.87% | 13.53% |
| Return on Invested Capital (ROIC) | 5.41% | 3.63% | 6.17% | 16.55% | 9.50% |
| Return on Tangible Assets | 9.66% | 34.23% | 5.54% | 23.93% | 10.20% |
| Earnings Yield | 3.35% | 9.14% | 2.80% | 10.16% | 3.54% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.24 | 8.48 | 9.11 | 5.13 | 7.09 |
| Payables Turnover | 5.97 | 6.71 | 5.55 | 4.58 | 6.26 |
| Inventory Turnover | 6.49 | 7.18 | 7.56 | 4.92 | 7.41 |
| Fixed Asset Turnover | 5.86 | 6.33 | 7.34 | 6.00 | 8.36 |
| Asset Turnover | 0.58 | 0.60 | 0.58 | 0.66 | 0.79 |
| Working Capital Turnover Ratio | 12.72 | 3.08 | 2.31 | 4.01 | 5.03 |
| Cash Conversion Cycle | 39.33 | 39.52 | 22.57 | 65.73 | 42.36 |
| Days of Sales Outstanding | 44.29 | 43.03 | 40.06 | 71.15 | 51.46 |
| Days of Inventory Outstanding | 56.21 | 50.84 | 48.30 | 74.21 | 49.23 |
| Days of Payables Outstanding | 61.17 | 54.36 | 65.79 | 79.63 | 58.33 |
| Operating Cycle | 100.50 | 93.87 | 88.36 | 145.36 | 100.69 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.49 | 0.63 | 3.11 | 2.07 | 2.58 |
| Free Cash Flow Per Share | 2.02 | 0.05 | 2.59 | 1.69 | 2.18 |
| Dividend Paid and CapEx Coverage Ratio | 1.79 | 0.47 | 2.46 | 2.11 | 2.94 |
| Capital Expenditure Coverage Ratio | 5.33 | 1.08 | 5.94 | 5.50 | 6.50 |
| Operating Cash Flow Coverage Ratio | 0.16 | 0.04 | 0.18 | 0.19 | 0.22 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.03 | 0.14 | 0.10 | 0.11 |
| Free Cash Flow Yield | 3.83% | 0.07% | 4.51% | 4.10% | 4.02% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 30.37 | 10.94 | 35.66 | 9.84 | 28.28 |
| Price-to-Sales (P/S) Ratio | 2.04 | 2.73 | 2.54 | 2.01 | 2.28 |
| Price-to-Book (P/B) Ratio | 3.21 | 4.35 | 5.54 | 4.48 | 6.95 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 26.13 | 1393.43 | 22.19 | 24.40 | 24.86 |
| Price-to-Operating Cash Flow Ratio | 21.23 | 108.90 | 18.45 | 19.96 | 21.04 |
| Price-to-Earnings Growth (PEG) Ratio | -0.42 | 0.04 | -0.58 | 0.08 | -1.75 |
| Enterprise Value Multiple | 15.71 | 17.14 | 19.60 | 17.79 | 18.69 |
| Enterprise Value | 55.46B | 70.05B | 52.88B | 40.64B | 54.30B |
| EV to EBITDA | 15.71 | 17.14 | 19.60 | 17.79 | 18.69 |
| EV to Sales | 2.55 | 3.12 | 2.79 | 2.35 | 2.63 |
| EV to Free Cash Flow | 32.68 | 1592.09 | 24.39 | 28.50 | 28.68 |
| EV to Operating Cash Flow | 26.55 | 124.43 | 20.28 | 23.32 | 24.27 |
| Tangible Book Value Per Share | -9.17 | -7.39 | 0.64 | -3.85 | -3.19 |
| Shareholders’ Equity Per Share | 16.45 | 15.68 | 10.36 | 9.20 | 7.80 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.13 | 0.47 | 0.26 | 0.16 | 0.29 |
| Revenue Per Share | 25.91 | 25.03 | 22.63 | 20.50 | 23.76 |
| Net Income Per Share | 1.77 | 6.24 | 1.61 | 4.19 | 1.92 |
| Tax Burden | 0.83 | 2.46 | 0.67 | 0.92 | 0.69 |
| Interest Burden | 0.80 | 0.80 | 0.91 | 1.95 | 0.93 |
| Research & Development to Revenue | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| SG&A to Revenue | 0.14 | 0.14 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.40 | 0.46 | 1.76 | 0.54 | 1.32 |
Currency in USD