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CARR (Carrier Global) Interest Expense : $-546 Mil (TTM As of Mar. 2025)


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What is Carrier Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carrier Global's interest expense for the three months ended in Mar. 2025 was $ -112 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-546 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Carrier Global's Operating Income for the three months ended in Mar. 2025 was $ 563 Mil. Carrier Global's Interest Expense for the three months ended in Mar. 2025 was $ -112 Mil. Carrier Global's Interest Coverage for the quarter that ended in Mar. 2025 was 5.03. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Carrier Global Interest Expense Historical Data

The historical data trend for Carrier Global's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carrier Global Interest Expense Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -298.00 -319.00 -302.00 -306.00 -580.00

Carrier Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -156.00 -185.00 -131.00 -118.00 -112.00

Carrier Global Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-546 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Carrier Global  (NYSE:CARR) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Carrier Global's Interest Expense for the three months ended in Mar. 2025 was $-112 Mil. Its Operating Income for the three months ended in Mar. 2025 was $563 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $11,517 Mil.

Carrier Global's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*563/-112
=5.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Carrier Global Business Description

Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global provides HVAC and refrigeration products and services that serve the global residential, commercial, and transportation markets. The company's HVAC businesses account for approximately 85% of consolidated revenue, with residential and light commercial HVAC and commercial HVAC representing about 60% and 25% of total revenue, respectively. Carrier's refrigeration segment, which accounts for approximately 15% of consolidated revenue, consists of its transportation refrigeration and Sensitech supply chain monitoring products and services.
Executives
Kyle Crockett officer: Vice President, Controller 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Kevin J. O'connor officer: VP, Chief Legal Officer 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Ajay Agrawal officer: VP, Strategy & Services 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Nadia Villeneuve officer: See Remarks 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Jurgen Timperman officer: President, Fire & Security 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David L. Gitlin officer: President and CEO UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Susan N Story director ONE ENERGY PLACE, PENSCOLA FL 32520
Timothy N White officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Christopher John Nelson officer: President, HVAC 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David Appel officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS GA 33418
Beth Wozniak director 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Patrick P. Goris officer: Senior Vice President & CFO 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John J Greisch director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Michael M Mcnamara director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
John V Faraci director, officer: Executive Chairman C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921