Carrier Global Corporation

Carrier Global Corporation

CARRยทNYSE

$67.58

+1.7%
IndustrialsIndustrial - Machinery

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

At a Glance

Live Snapshot
Market Cap$56.13B
EPS1.7400
P/E Ratio38.84
Earnings Date08/04/2026
0.43%
Dividend Yield
3Y+6.0%
5Y+51.0%
10Y-
84.45%
Dividend Payout Ratio
-72%
3Y+105.0%
5Y+212.0%
10Y-
3Y+31.0%
5Y+93.0%
10Y-
Carrier Global Corporation

Carrier Global Corporation Dividend History

CARR ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

CARR Dividend Payment History

CARR ยท NYSE

Total Payments

24

Latest Dividend

$0.2400

Annual Amount

$0.9300

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 15, 2026
May 4, 2026May 22, 2026
$0.2400
$0.2400
Quarterly0.00%
Dec 3, 2025
Jan 20, 2026Feb 9, 2026
$0.2400
$0.2400
Quarterly+6.67%
Oct 8, 2025
Oct 29, 2025Nov 18, 2025
$0.2250
$0.2250
Quarterly0.00%
Jun 12, 2025
Jul 21, 2025Aug 8, 2025
$0.2250
$0.2250
Quarterly0.00%
Apr 9, 2025
May 2, 2025May 22, 2025
$0.2250
$0.2250
Quarterly0.00%
Dec 6, 2024
Dec 20, 2024Feb 7, 2025
$0.2250
$0.2250
Quarterly+18.42%
Oct 10, 2024
Oct 25, 2024Nov 18, 2024
$0.1900
$0.1900
Quarterly0.00%
Jun 6, 2024
Jun 21, 2024Aug 8, 2024
$0.1900
$0.1900
Quarterly0.00%
Apr 18, 2024
May 3, 2024May 22, 2024
$0.1900
$0.1900
Quarterly0.00%
Dec 6, 2023
Dec 21, 2023Feb 9, 2024
$0.1900
$0.1900
Quarterly+2.70%
Oct 12, 2023
Oct 27, 2023Nov 20, 2023
$0.1850
$0.1850
Quarterly0.00%
Jun 8, 2023
Jun 23, 2023Aug 10, 2023
$0.1850
$0.1850
Quarterly0.00%
Apr 20, 2023
May 5, 2023May 24, 2023
$0.1850
$0.1850
Quarterly0.00%
Dec 7, 2022
Dec 22, 2022Feb 10, 2023
$0.1850
$0.1850
Quarterly+23.33%
Oct 13, 2022
Oct 28, 2022Nov 21, 2022
$0.1500
$0.1500
Quarterly0.00%
Jun 9, 2022
Jun 23, 2022Aug 10, 2022
$0.1500
$0.1500
Quarterly0.00%
Apr 14, 2022
Apr 29, 2022May 19, 2022
$0.1500
$0.1500
Quarterly0.00%
Dec 8, 2021
Dec 23, 2021Feb 10, 2022
$0.1500
$0.1500
Quarterly+25.00%
Oct 14, 2021
Oct 29, 2021Nov 22, 2021
$0.1200
$0.1200
Quarterly0.00%
Jun 9, 2021
Jun 24, 2021Aug 10, 2021
$0.1200
$0.1200
Quarterly0.00%
Apr 19, 2021
May 3, 2021May 24, 2021
$0.1200
$0.1200
Quarterly0.00%
Dec 9, 2020
Dec 23, 2020Feb 10, 2021
$0.1200
$0.1200
Quarterly+50.00%
Oct 15, 2020
Oct 30, 2020Nov 23, 2020
$0.0800
$0.0800
Quarterly0.00%
Jun 10, 2020
Jun 26, 2020Jul 20, 2020
$0.0800
$0.0800
Quarterly-
carr

Carrier Global Corporation Payout Ratio Analysis

CARR ยท NYSE
Dividends Paid
-772.00M
2025
Net Income
1.49B
2025
Payout Ratio
51.71%
2025

Dividend Sustainability Analysis

Payout Ratio
51.71%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
45.5%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-15.2%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.