Carrier Global Corporation CARR NYSE

Carrier Global Corporation (CARR) generated $2.09B in operating cash flow for fiscal year 2025. After capital expenditures of $392M, free cash flow was $1.7B.

Free cash flow margin was 7.8% of revenue. Cash conversion ratio was 1.4x, indicating earnings are backed by cash.

The company returned $772M in dividends and $2.89B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (59/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 1.4x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 60/100 with 2/7 criteria passed.