Carrier Global (XSWX:CARR) Interest Expense: CHF-365 Mil (TTM As of Mar. 2026)


XSWX:CARR Carrier Global Corp XSWX:CARR
81 GF Score
Price CHF56.69
GF Value CHF54.80
! 10 Warning Signs
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What is Carrier Global Interest Expense?

Carrier Global XSWX:CARR 81 Interest Expense is CHF-365 Mil as of Mar. 2026. GuruFocus rates XSWX:CARR with a GF Score™ of 81/100 and a GF Value™ of CHF54.80. The stock has 10 warning signs investors should review.

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 CHF -87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-365 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 CHF 189 Mil. Carrier Global's Interest Expense for the three months ended in Mar. 2026 was CHF -87 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  (XSWX: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. 2026 was CHF-87 Mil. Its Operating Income for the three months ended in Mar. 2026 was CHF189 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was CHF8,532 Mil.

Carrier Global's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*188.952/-87.39
=2.16

* 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.

Carrier Global Interest Expense Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -293.80 -281.34 -264.63 -517.13 -364.98

Carrier Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -98.96 -93.52 -92.35 -91.64 -87.39
XSWX:CARR
81GF Score
Carrier Global Corp XSWX:CARR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-365 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of CHF-365 Mil mean?
Carrier Global (XSWX:CARR) has a Interest Expense of CHF-365 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 CHF-365 Mil. 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 Interest Expense compare to JCI and LII?
Carrier Global's Interest Expense of CHF-365 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 CHF-365 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?
Carrier Global (XSWX:CARR) has a current Interest Expense of CHF-365 Mil. The stock's GF Value™ is CHF54.80, compared to a current price of CHF56.69 — trading 3.4% above its estimated fair value. The current Interest Expense is CHF-365 Mil. Carrier Global's overall GF Score™ is 81/100 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 (XSWX:CARR), the current Interest Expense is CHF-365 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 (XSWX:CARR) Overvalued in 2026?

Based on GuruFocus' analysis, Carrier Global stock appears to be overvalued. The current stock price of CHF56.69 is trading 3.4% above its estimated GF Value™ of CHF54.80.

Key valuation signals for XSWX:CARR:

  • Interest Expense: CHF-365 Mil
  • GF Value™: CHF54.80 vs. price of CHF56.69 (3.4% above fair value)
  • GF Score™: 81/100 with 10 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF56.69
Price
CHF54.80
GF Value