Carrier Global Corp (CARR) — Working Capital to Net Assets Ratio
Carrier Global Corp (CARR) has a Working Capital to Net Assets ratio of 3.1% as of March 2026. Working capital of $433.00 Million (current assets of $9.02 Billion minus current liabilities of $8.59 Billion) is measured against net assets of $13.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Carrier Global Corp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Carrier Global Corp Working Capital to Net Assets (2017–2025)
This chart shows how Carrier Global Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 3.1%, reflecting working capital of $433.00 Million against net assets of $13.80 Billion USD. Check Carrier Global Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Carrier Global Corp (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Carrier Global Corp from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see CARR company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.0% | $1.42 Billion | $14.13 Billion | $8.53 Billion | $7.11 Billion | ▼ -3.8 pp |
| 2024 | 13.9% | $2.00 Billion | $14.39 Billion | $9.89 Billion | $7.89 Billion | ▼ -126.0 pp |
| 2023 | 139.9% | $12.60 Billion | $9.01 Billion | $19.58 Billion | $6.98 Billion | ▲ +92.2 pp |
| 2022 | 47.6% | $3.85 Billion | $8.08 Billion | $9.88 Billion | $6.03 Billion | ▼ -19.7 pp |
| 2021 | 67.4% | $4.78 Billion | $7.09 Billion | $11.41 Billion | $6.63 Billion | ▲ +15.5 pp |
| 2020 | 51.9% | $3.41 Billion | $6.58 Billion | $8.52 Billion | $5.11 Billion | ▲ +41.6 pp |
| 2019 | 10.3% | $1.49 Billion | $14.44 Billion | $5.96 Billion | $4.47 Billion | ▼ -1.2 pp |
| 2018 | 11.5% | $1.64 Billion | $14.27 Billion | $6.11 Billion | $4.47 Billion | ▼ -0.3 pp |
| 2017 | 11.8% | $1.75 Billion | $14.78 Billion | $6.00 Billion | $4.25 Billion | — |