Carrier Global (XSWX:CARR) Debt-to-Asset : 0.33 (As of Jun. 2026)

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XSWX:CARR Carrier Global Corp XSWX:CARR
81 GF Score
Price CHF48.72
GF Value CHF57.40
! 8 Warning Signs
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What is Carrier Global Debt-to-Asset?

Carrier Global XSWX:CARR 81 Debt-to-Asset is 0.33 as of Jun. 2026. GuruFocus rates XSWX:CARR with a GF Score™ of 81/100 and a GF Value™ of CHF57.40. The stock has 8 warning signs investors should review.

Carrier Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was CHF1,309 Mil. Carrier Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was CHF8,597 Mil. Carrier Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was CHF29,871 Mil. Carrier Global's debt to asset for the quarter that ended in Jun. 2026 was 0.33.

Carrier Global  (XSWX:CARR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Carrier Global Debt-to-Asset Related Terms

Carrier Global Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Carrier Global's Debt-to-Asset 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.

Carrier Global Debt-to-Asset Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.39 0.36 0.45 0.34 0.33

Carrier Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.31 0.32 0.33 0.34 0.33

XSWX:CARR vs MAS, CSL, LII: Debt-to-Asset Comparison

For the Building Products & Equipment subindustry, Carrier Global's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carrier Global Debt-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Carrier Global's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Carrier Global's Debt-to-Asset falls into.


XSWX:CARR
81GF Score
Carrier Global Corp XSWX:CARR
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Carrier Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Carrier Global's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(372.949 + 9389.873) / 29636.711
=0.33

Carrier Global's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1309.253 + 8597.271) / 29871.44
=0.33

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.33 mean?
Carrier Global (XSWX:CARR) has a Debt-to-Asset of 0.33 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Carrier Global and its competitors.
Is Carrier Global's Debt-to-Asset too high?
Carrier Global's current Debt-to-Asset is 0.33. Overall, Carrier Global has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Global's Debt-to-Asset compare to MAS and CSL?
Carrier Global's Debt-to-Asset of 0.33 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Construction company?
A good Debt-to-Asset depends on the Construction industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Carrier Global and its competitors. Carrier Global's current Debt-to-Asset is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Global stock overvalued right now?
Carrier Global (XSWX:CARR) has a current Debt-to-Asset of 0.33. The stock's GF Value™ is CHF57.40, compared to a current price of CHF48.72 — trading 15.1% below its estimated fair value. The current Debt-to-Asset is 0.33. Carrier Global's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Carrier Global (XSWX:CARR), the current Debt-to-Asset is 0.33 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carrier Global (XSWX:CARR) Overvalued in 2026?

Based on GuruFocus' analysis, Carrier Global stock appears to be undervalued. The current stock price of CHF48.72 is trading 15.1% below its estimated GF Value™ of CHF57.40.

Key valuation signals for XSWX:CARR:

  • Debt-to-Asset: 0.33
  • GF Value™: CHF57.40 vs. price of CHF48.72 (15.1% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the XSWX:CARR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carrier Global Business Description

Address 13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global, spun out of United Technologies in 2020, manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its flagship Carrier brand, as well as Bryant, Payne, Heil, and others across various price points. In 2024, Carrier acquired Viessmann Climate Solutions to expand its footprint in Europe with heat pumps, boilers, and solar PV equipment. Proceeds from the sale of Carrier's fire and security (Honeywell) and commercial refrigeration (Haier) businesses reduced debt and focused the company on global HVAC and refrigeration solutions. Carrier generates 75% of sales from equipment and 25% from parts and services. The company derives 50% of revenue from the US, 30% from Europe, and 20% from the Asia-Pacific region.
81GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF48.72
Price
CHF57.40
GF Value