Carrier Global Corporation (CARR) Debt to Assets Ratio: 0.34%
The debt to assets ratio for Carrier Global Corporation (CARR) is 0.34% as of Wednesday, June 24, 2026.
CARR Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.34%
CARR Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Carrier Global Corporation (CARR) | $58.76B | 0.34% |
| Delta Air Lines, Inc. (DAL)vs › | $59.56B | 0.26% |
| PACCAR Inc (PCAR)vs › | $61.46B | 0.00% |
| Rocket Lab USA, Inc. (RKLB)vs › | $55.06B | 0.11% |
| AMETEK, Inc. (AME)vs › | $53.65B | 0.15% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.52B | 0.27% |
| Fastenal Company (FAST)vs › | $52.35B | 0.09% |
| Rockwell Automation, Inc. (ROK)vs › | $50.78B | 0.33% |
| Cintas Corporation (CTAS)vs › | $67.54B | 0.27% |
| Norfolk Southern Corporation (NSC)vs › | $68.50B | 0.38% |
Leverage Ratios Comparison
Debt/Assets
0.3%
Debt/Equity
0.92
Current Ratio
1.20
Interest Coverage
5.5x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Carrier Global Corporation Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Carrier Global Corporation Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Carrier Global Corporation (CARR)?
- The debt to assets ratio for CARR stock is 0.34%.
About Carrier Global Corporation
Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David L. Gitlin