Buyback yield (TTM)
4.06%
Shareholder yield (TTM)
5.71%
5Y share count change
-3.8%
Buyback spend (TTM)
$1.91B
Cumulative buybacks
$7.09B
Key takeaways
- Carrier Global (CARR) repurchased about $1.91B of stock over the trailing twelve months.
- Diluted share count is down 3.8% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 26.53× — repurchases more than cover SBC dilution.
- TTM repurchases used about 216% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Carrier Global (CARR)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Carrier Global (CARR)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Carrier Global (CARR)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Carrier Global (CARR)
Latest: $2.89B
Overview
Carrier Global (CARR) most recent annual buyback spend stands at $2.89B (2025) – surged 48.8% year-over-year.
The record annual buyback spend stands at $2.89B, reached in 2025; the historical low of $0.00 was recorded in 2018.
Carrier Global Buyback Spend 2025: $2.89B
Carrier Global buyback spend in 2025 was $2.89B, surged 48.8% from 2024. This figure represents the highest annual value in the available history.
Carrier Global Buyback Spend 2024: $1.94B
2024's buyback spend for Carrier Global came in at $1.94B, surged 3035.5% from 2023.
Carrier Global Buyback Spend 2023: $62.00M
Carrier Global posted buyback spend of $62.00M in 2023, plunged 95.5% below 2022.
Carrier Global Buyback Spend 2022: $1.38B
In 2022, Carrier Global reported buyback spend of $1.38B, surged 161.9% from 2021.
Carrier Global Buyback Spend 2021: $527.00M
Carrier Global buyback spend in 2021 was $527.00M.
See more financial history for Carrier Global (CARR).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $2.89B | $74.00M | $2.82B | 6.52% | 0.85B | -7.1% | |
| 2024 | $1.94B | $86.00M | $1.86B | 3.20% | 0.91B | +6.9% | |
| 2023 | $62.00M | $71.00M | −$9.00M | 0.13% | 0.85B | -1.0% | |
| 2022 | $1.38B | $65.00M | $1.31B | 4.00% | 0.86B | -3.3% | |
| 2021 | $527.00M | $92.00M | $435.00M | 1.12% | 0.89B | +1.1% | |
| 2020 | $0.00 | $77.00M | −$77.00M | — | 0.88B | +1.6% | |
| 2019 | $0.00 | $52.00M | −$52.00M | — | 0.87B | -0.8% | |
| 2018 | $0.00 | $44.00M | −$44.00M | — | 0.87B | 0.0% | |
| 2017 | $286.00M | $34.00M | $252.00M | — | 0.87B | — |
- 2025$2.89B
- 2024$1.94B
- 2023$62.00M
- 2022$1.38B
- 2021$527.00M
- 2020$0.00
- 2019$0.00
- 2018$0.00
- 2017$286.00M
Buybacks vs stock-based compensation for Carrier Global (CARR)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 26.53×.
Buybacks vs dividends (share of cash returned) for Carrier Global (CARR)
How Carrier Global splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Carrier Global, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $884.00M (TTM FCF − TTM dividends, clamped at zero).
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