Carrier Global Corp (CARR)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,840,000 | 2,330,000 | 2,296,000 | 1,957,000 | 2,568,000 |
| Interest expense | US$ in thousands | 345,000 | 580,000 | 211,000 | 302,000 | 319,000 |
| Interest coverage | 5.33 | 4.02 | 10.88 | 6.48 | 8.05 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,840,000K ÷ $345,000K
= 5.33
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Carrier Global Corp
CARR
5.33
Carlisle Companies Incorporated
CSL
13.09
Griffon Corporation
GFF
2.33
Johnson Controls International PLC
JCI
—
Lennox International Inc
LII
24.74
Masco Corporation
MAS
12.24
Quanex Building Products
NX
-3.35
Trane Technologies plc
TT
17.17