Carrier Global Corp (CARR)
Cash ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,555,000 | 3,969,000 | 9,852,000 | 3,520,000 | 2,987,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 7,114,000 | 7,892,000 | 6,981,000 | 6,032,000 | 6,627,000 |
| Cash ratio | 0.22 | 0.50 | 1.41 | 0.58 | 0.45 |
December 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,555,000K
+ $—K)
÷ $7,114,000K
= 0.22
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash ratio
Carrier Global Corp
CARR
0.22
Carlisle Companies Incorporated
CSL
—
Griffon Corporation
GFF
0.30
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
0.03
Masco Corporation
MAS
0.41
Quanex Building Products
NX
0.00
Trane Technologies plc
TT
0.28