The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Carrier Global's quick ratio for the quarter that ended in Mar. 2026 was 0.75.
Carrier Global has a quick ratio of 0.75. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Carrier Global's Quick Ratio or its related term are showing as below:
XSWX:CARR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.19 Max: 2.54
Current: 0.75
During the past 9 years, Carrier Global's highest Quick Ratio was 2.54. The lowest was 0.75. And the median was 1.19.
XSWX:CARR's Quick Ratio is ranked worse than 87.18% of 1786
companies
in the Construction industry
Industry Median: 1.285
vs XSWX:CARR: 0.75
Carrier Global (XSWX:CARR) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Carrier Global Quick Ratio Related Terms
Carrier Global Quick Ratio Historical Data
* Premium members only.
The historical data trend for Carrier Global's Quick Ratio 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.
XSWX:CARR vs JCI, MAIR, LII: Quick Ratio Comparison
For the Building Products & Equipment subindustry, Carrier Global's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Carrier Global's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Carrier Global's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Carrier Global's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (XSWX:CARR) has a Quick Ratio of 0.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carrier Global and its competitors. This is 37% below median its historical median of 1.19. Over the past decade, Carrier Global's Quick Ratio has ranged from 0.75 to 2.54. According to the industry distribution chart, Carrier Global ranks #1557 out of 1786 companies in the Construction industry, placing it in the top 87.2%.
Is Carrier Global's Quick Ratio too high?
Carrier Global's current Quick Ratio of 0.75 is 37% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.54. The Construction industry median Quick Ratio is 1.29. Carrier Global's value of 0.75 is 41.6% below this industry median. Based on the distribution chart, Carrier Global ranks #1557 out of 1786 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Carrier Global has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Global's Quick Ratio compare to JCI and MAIR?
According to the Construction industry distribution chart, Carrier Global ranks #1557 out of 1786 companies for Quick Ratio. This places Carrier Global in the lower half of its industry. The industry median Quick Ratio is 1.29. Carrier Global's value of 0.75 is 41.6% below this benchmark. Historically, Carrier Global's own Quick Ratio has ranged from 0.75 to 2.54 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.29, Carrier Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,786 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carrier Global's current Quick Ratio of 0.75 is 41.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carrier Global and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Global's current Quick Ratio is 0.75, which is 37% below median its own 10-year median of 1.19. 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 Quick Ratio of 0.75. The stock's GF Value™ is CHF55.81, compared to a current price of CHF60.71 — trading 8.8% above its estimated fair value. The current Quick Ratio is 0.75, which is 37% below median its 10-year median of 1.19 and 41.6% below the Construction industry median of 1.29. Carrier Global's overall GF Score™ is 79/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Carrier Global (XSWX:CARR), the current Quick Ratio is 0.75 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 CHF60.71 is trading 8.8% above its estimated GF Value™ of CHF55.81.
Key valuation signals for XSWX:CARR:
Quick Ratio: 0.75 (37% below median its 10-year median of 1.19)
GF Value™: CHF55.81 vs. price of CHF60.71 (8.8% above fair value)
Industry Position: 41.6% below the Construction median (#1557 of 1786)
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, 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.
79GF Score
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