Carrier Global Corp (CARR) - Total Assets
Based on the latest financial reports, Carrier Global Corp (CARR) holds total assets worth $37.19 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Carrier Global Corp cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Carrier Global Corp - Total Assets Trend (2017–2025)
This chart illustrates how Carrier Global Corp's total assets have evolved over time, based on quarterly financial data. Explore Carrier Global Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.
Carrier Global Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Carrier Global Corp's total assets of $37.19 Billion consist of 22.9% current assets and 77.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $2.64 Billion | 7.1% |
| Inventory | $2.48 Billion | 6.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.33 Billion | 17.0% |
| Goodwill | $15.50 Billion | 41.7% |
Asset Composition Trend (2017–2025)
This chart illustrates how Carrier Global Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see CARR stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Carrier Global Corp's current assets represent 22.9% of total assets in 2025, a decrease from 27.3% in 2017.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2025, down from 6.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 58.0% of total assets, an increase from 50.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 41.7% of total assets.
Carrier Global Corp Competitors by Total Assets
Key competitors of Carrier Global Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huida Sanitary Ware Co Ltd
SHG:603385
|
China | CN¥4.71 Billion |
|
Arwana Citramulia Tbk
JK:ARNA
|
Indonesia | Rp2.95 Trillion |
|
Dogusan Boru Sanayi ve Ticaret AS
IS:DOGUB
|
Turkey | TL24.64 Million |
|
Electrosteel Castings Limited
NSE:ELECTCAST
|
India | Rs99.11 Billion |
|
Regency Ceramics Limited
NSE:REGENCERAM
|
India | Rs1.21 Billion |
|
Ferrum S.A.
BA:FERR
|
Argentina | AR$245.16 Billion |
|
GWA Group Ltd
AU:GWA
|
Australia | AU$648.29 Million |
|
Embelton Ltd
AU:EMB
|
Australia | AU$34.48 Million |
Carrier Global Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.05 | 1.20 | 1.56 |
| Quick Ratio | 0.75 | 0.83 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $433.00 Million | $1.43 Billion | $3.15 Billion |
Carrier Global Corp - Advanced Valuation Insights
This section examines the relationship between Carrier Global Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.13 |
| Latest Market Cap to Assets Ratio | 1.47 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | $37.19 Billion |
| Market Capitalization | $54.72 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Carrier Global Corp's assets above their book value (1.47x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Carrier Global Corp's assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Carrier Global Corp (2017–2025)
The table below shows the annual total assets of Carrier Global Corp from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $37.19 Billion | -0.57% |
| 2024-12-31 | $37.40 Billion | +13.96% |
| 2023-12-31 | $32.82 Billion | +25.82% |
| 2022-12-31 | $26.09 Billion | -0.33% |
| 2021-12-31 | $26.17 Billion | +4.30% |
| 2020-12-31 | $25.09 Billion | +11.99% |
| 2019-12-31 | $22.41 Billion | +3.08% |
| 2018-12-31 | $21.74 Billion | -1.13% |
| 2017-12-31 | $21.98 Billion | -- |
About Carrier Global Corp
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home… Read more