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Total Debt for Carrier Global (CARR)

As of · Reported

Metric

Latest period

$12.57B

YoY change

-0.3%

5Y CAGR

+2.8%

Peak year (2023)

$14.63B

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

Latest: $12.67B

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

Latest: -0.3%

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

  • 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Total Debt at Carrier Global (CARR)

According to Carrier Global's latest reported financial statements, the company's latest reported total debt is $12.57B. 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 — compare with cash on hand for net leverage, and 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 .

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 mixed annual results across the window.

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

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

2024's total debt for Carrier Global came in at $12.71B, declined 13.1% below 2023.

Carrier Global Total Debt 2023: $14.63B

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

Carrier Global Total Debt 2022: $9.37B

In 2022, Carrier Global reported total debt of $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 by Total Debt

Industrials peers of Carrier Global (CARR), ranked by their latest total debt

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