Carrier Global Corp (CARR) — Tangible Net Worth Ratio
Carrier Global Corp (CARR) has a Tangible Net Worth Ratio of 57.3% as of June 2026. This metric is calculated by deducting intangible assets ($5.76 Billion) from net assets ($13.47 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Carrier Global Corp growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Carrier Global Corp Tangible Net Worth Ratio (2017–2025)
This chart shows how Carrier Global Corp's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 57.3%, reflecting net assets of $13.47 Billion with intangible assets of $5.76 Billion USD. For live market cap and overall valuation, see market value of Carrier Global Corp.
Annual Tangible Net Worth Ratio for Carrier Global Corp (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Carrier Global Corp from 2017 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore CARR capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 55.2% | $14.13 Billion | $6.33 Billion | $37.19 Billion | ▼ -0.1 pp |
| 2024 | 55.3% | $14.39 Billion | $6.43 Billion | $37.40 Billion | ▼ -34.2 pp |
| 2023 | 89.5% | $9.01 Billion | $945.00 Million | $32.82 Billion | ▲ +6.1 pp |
| 2022 | 83.4% | $8.08 Billion | $1.34 Billion | $26.09 Billion | ▼ -9.4 pp |
| 2021 | 92.8% | $7.09 Billion | $509.00 Million | $26.17 Billion | ▲ +8.6 pp |
| 2020 | 84.2% | $6.58 Billion | $1.04 Billion | $25.09 Billion | ▼ -8.3 pp |
| 2019 | 92.5% | $14.44 Billion | $1.08 Billion | $22.41 Billion | ▲ +1.0 pp |
| 2018 | 91.5% | $14.27 Billion | $1.21 Billion | $21.74 Billion | ▲ +0.3 pp |
| 2017 | 91.2% | $14.78 Billion | $1.30 Billion | $21.98 Billion | — |