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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. 2026 was MXN -2,002 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-8,366 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. 2026 was MXN 4,328 Mil. Carrier Global's Interest Expense for the
three
months ended in Mar. 2026 was MXN -2,002 Mil.
Carrier Global's Interest Coverage for the quarter that ended in Mar. 2026 was 2.16.
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 (MEX: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.
* 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 Interest Expense Historical Data
* Premium members only.
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.
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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-8,366 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.
What does a Interest Expense of MXN-8,366 Mil mean?
Carrier Global (MEX:CARR) has a Interest Expense of MXN-8,366 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Carrier Global and its competitors.
Is Carrier Global's Interest Expense too high?
Carrier Global's current Interest Expense is MXN-8,366 Mil. Overall, Carrier Global has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carrier Global's Interest Expense compare to JCI and LII?
Carrier Global's Interest Expense of MXN-8,366 Mil 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 Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Carrier Global and its competitors. Carrier Global's current Interest Expense is MXN-8,366 Mil. 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?
Based on GuruFocus' analysis, Carrier Global (MEX:CARR) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,217.11, compared to a current price of MXN1,290.66 — trading 6% above its estimated fair value. The current Interest Expense is MXN-8,366 Mil. Carrier Global's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Carrier Global (MEX:CARR), the current Interest Expense is MXN-8,366 Mil as of Mar. 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 (MEX:CARR) Overvalued in 2026?
Based on GuruFocus' analysis, Carrier Global stock appears to be overvalued.
The current stock price of MXN1,290.66 is trading 6% above its estimated GF Value™ of MXN1,217.11.
GuruFocus considers Carrier Global to be Fairly Valued.
Key valuation signals for MEX:CARR:
Interest Expense: MXN-8,366 Mil
GF Value™: MXN1,217.11 vs. price of MXN1,290.66 (6% above fair value)
No single metric tells the full story. See the MEX:CARR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
71GF Score
Get the complete analysis for MEX:CARR
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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