Carrier Global Corp (CARR)
Quick ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,555,000 | 3,969,000 | 9,852,000 | 3,520,000 | 2,987,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 2,639,000 | 2,651,000 | 2,080,000 | 3,370,000 | 2,906,000 |
| Total current liabilities | US$ in thousands | 7,114,000 | 7,892,000 | 6,981,000 | 6,032,000 | 6,627,000 |
| Quick ratio | 0.59 | 0.84 | 1.71 | 1.14 | 0.89 |
December 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,555,000K
+ $—K
+ $2,639,000K)
÷ $7,114,000K
= 0.59
Peer comparison
Dec 31, 2025
Company name
Symbol
Quick ratio
Carrier Global Corp
CARR
0.59
Carlisle Companies Incorporated
CSL
—
Griffon Corporation
GFF
1.17
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
0.51
Masco Corporation
MAS
1.06
Quanex Building Products
NX
0.73
Trane Technologies plc
TT
0.80