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Total Debt for Carrier Global (CARR)

According to Carrier Global's latest reported financial statements, the company's latest reported total debt is $12.67B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$12.67B

YoY change

-0.3%

5Y CAGR

+2.8%

Peak year (2023)

$14.63B

Latest annual

$12.67B

Total Debt history chart for Carrier Global (CARR) from 2017 to 2025

Total Debt history table for Carrier Global (CARR) from 2017 to 2025

Fiscal yearPeriod endedReportedTotal DebtYoY
2025$12.67B-0.3%
2024$12.71B-13.1%
2023$14.63B+56.1%
2022$9.37B-8.3%
2021$10.22B-7.3%
2020$11.03B+1517.3%
2019$682.00M+137.6%
2018$287.00M+81.6%
2017$158.00M

Total Debt values are taken from Carrier Global's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Carrier Global (CARR) total debt totalled $12.67B – edged down 0.3% year-over-year.

Over 2020–2025 (5 years), Carrier Global total debt expanded at a +2.8% compound annual rate, with the latest reading among the more recent periods of the dataset.

2023 marks the peak total debt at $14.63B, with the historical low of $158.00M recorded in 2017.

Within Industrials, Carrier Global (CARR) ranks 8th among 8 peers we track. The peer median for total debt is $37.04B.

Carrier Global Total Debt by Year

Carrier Global Total Debt 2025: $12.67B

Carrier Global total debt in 2025 was $12.67B, edged down 0.3% below 2024.

Carrier Global Total Debt 2024: $12.71B

Carrier Global total debt in 2024 was $12.71B, declined 13.1% below 2023.

Carrier Global Total Debt 2023: $14.63B

Carrier Global total debt in 2023 was $14.63B, surged 56.1% from 2022. This figure represents the highest annual value in the available history.

Carrier Global Total Debt 2022: $9.37B

Carrier Global total debt in 2022 was $9.37B, declined 8.3% below 2021.

Carrier Global Total Debt 2021: $10.22B

Carrier Global total debt in 2021 was $10.22B.

See more financial history for Carrier Global (CARR).

Sector peers — Total Debt

Companies in the same sector as Carrier Global, ranked by their latest total debt.

CompanyTotal DebtSector
Deere & Company (DE)$63.94BIndustrials
The Boeing Company (BA)$54.43BIndustrials
Caterpillar Inc. (CAT)$43.33BIndustrials
RTX Corporation (RTX)$39.51BIndustrials
Honeywell International Inc. (HON)$34.58BIndustrials
Union Pacific Corporation (UNP)$31.81BIndustrials
GE Aerospace (GE)$20.49BIndustrials
Eaton Corporation plc (ETN)$11.17BIndustrials

Frequently asked questions

What is Carrier Global's total debt?

Latest reported total debt for Carrier Global (CARR) is $12.67B (period ending December 31, 2025).

How has Carrier Global total debt changed year-over-year?

Carrier Global (CARR) total debt changed -0.3% year-over-year on the latest annual filing.

What is the long-term growth rate of Carrier Global total debt?

Carrier Global (CARR) total debt compound annual growth rate is +2.8% over the most recent 5 years available.

When did Carrier Global total debt hit its highest annual value?

Carrier Global total debt reached its highest annual value of $14.63B in 2023.

What was Carrier Global total debt in 2024?

Carrier Global (CARR) total debt in 2024 was $12.71B.

What was Carrier Global total debt in 2025?

Carrier Global (CARR) total debt in 2025 was $12.67B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.