Carrier Global Corporation
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Carrier Global Corporation's yearly results (2022–2025), compared with Industrials companies in United States. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every $100 of reported profit came with $67 of operating cash. Lower than 94% of Industrials companies in United States.
- Tangible Net Worth Ratio: Goodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative. Less tangible than 90% of Industrials companies in United States.
- Tangible Assets Ratio: Of every $100 the company owns, $41 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 89% of Industrials companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$67Over the last 3 years, every $100 of reported profit came with $67 of operating cash.
Lower than 94% of Industrials companies in United States.
Self-Funding Ratio
4.2×Over the last 3 years its own operating cash covered its investment spending (capex) 4.2 times.
Higher than 68% of Industrials companies in United States.
Cash Locked Ratio
$11For every $100 of sales, $11 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $18 tied up three years earlier.
Less money tied up than 82% of Industrials companies in United States.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 60% of Industrials companies in United States.
Growth Efficiency Ratio
−$46Sales grew 26% in 3 years, but profit fell: $46 less profit per $100 of extra sales.
Lower than 89% of Industrials companies in United States.
Asset Productivity Ratio
+26% / +43%In 3 years sales changed by +26% while total assets changed by +43%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
5.4×Debt due within a year is covered 5.4 times by its yearly operating cash.
Higher than 59% of Industrials companies in United States.
Cash Cushion Ratio
−23%Debt, after subtracting cash, equals 23% of its market value (net debt).
Lower than 65% of Industrials companies in United States.
Tangible Assets Ratio
41%Of every $100 the company owns, $41 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 89% of Industrials companies in United States.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 90% of Industrials companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Carrier Global Corporation owes $0.64 for every $1 it owns. Net profit fell 74% in the year to Dec 2025, and shrank 25% a year on average over 3 years.
Compared with Industrials companies in United States · latest annual results Dec 2025.
P/E ratio
40.9Investors pay $40.9 for every $1 of Carrier Global Corporation's yearly profit, higher than 80% of Industrials companies in United States.
P/B ratio
3.54The share price is 3.54 times Carrier Global Corporation's book value per share, higher than 64% of Industrials companies in United States.
Market cap
$46.6 BThe total market value of all of Carrier Global Corporation's shares at today's price (share price × number of shares), larger than 92% of Industrials companies in United States. PosiCap size class: Tito Cap.
Net worth (book value)
$13.1 BWhat Carrier Global Corporation would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$15.95Net worth divided by the number of shares. The share price of $56.48 is 3.5 times this, which is the P/B above.
Return on equity (ROE)
9.0%Carrier Global Corporation earned 9.0% on its shareholders' money over the last year, higher than 53% of Industrials companies in United States.
Owes vs Owns
0.64×Carrier Global Corporation owes $0.64 for every $1 it owns (moderate), higher than 64% of Industrials companies in United States.
Dividend yield
1.70%Carrier Global Corporation pays 1.70% of its share price as dividends a year, higher than 66% of dividend-paying Industrials companies in United States.
Revenue growth
-3%Revenue fell 3% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Profit growth
-74%Net profit fell 74% in the year to Dec 2025, and shrank 25% a year on average over 3 years.
Profit margin
6.8%Carrier Global Corporation keeps $7 of every $100 of revenue as net profit.
Cash quality
1.7×Cash from Carrier Global Corporation's business was 1.7× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
4.2×Carrier Global Corporation's operating profit covered its interest costs 4.2 times in the year to Dec 2025.
Cash vs debt
Net debtCarrier Global Corporation had $10.7 B more debt than cash (net debt) at Dec 2025.
Questions
What is Carrier Global Corporation's P/E ratio?
Investors pay $40.9 for every $1 of Carrier Global Corporation's yearly profit, higher than 80% of Industrials companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Carrier Global Corporation: $46.6 B ÷ $13.1 B (30 Jun 2026) = 3.5.
What is Carrier Global Corporation's return on equity?
Carrier Global Corporation earned 9.0% on its shareholders' money over the last year, higher than 53% of Industrials companies in United States.
How much does Carrier Global Corporation owe compared with what it owns?
Carrier Global Corporation owes $0.64 for every $1 it owns (moderate), higher than 64% of Industrials companies in United States.
Does Carrier Global Corporation pay a dividend?
Yes. Carrier Global Corporation pays 1.70% of its share price as dividends a year, higher than 66% of dividend-paying Industrials companies in United States.
Is Carrier Global Corporation's revenue growing?
Revenue fell 3% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.