Carrier Global (CARR) Asset Utilization Ratio (2020 - 2026)
Carrier Global (CARR) reported Asset Utilization Ratio of 0.59 for Q1 2026, down 2.55% year-over-year from 0.6 in Q1 2025, and up 1.77% on a QoQ basis from 0.58 in Q4 2025.
Carrier Global (CARR) has 7 years of Asset Utilization Ratio data on file, last reported at 0.59 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 2.55% year-over-year to 0.59 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.59 (down 2.55% YoY) and the FY2025 annual result came in at 0.58, down 8.95% from the prior year.
- Asset Utilization Ratio rose to 0.59 in Q1 2026 per CARR's latest filing, from 0.58 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.85 in Q2 2022 and bottomed at 0.51 in Q2 2024.
- The 5-year median for Asset Utilization Ratio is 0.6 (2025), against an average of 0.64.
- The widest annual swing landed in 2023, when Asset Utilization Ratio fell 24.65%; it then advanced 18.17% in 2025.
- Tracing CARR's Asset Utilization Ratio over 5 years: stood at 0.67 in 2022, then declined by 5.02% to 0.64 in 2023, then declined by 9.23% to 0.58 in 2024, then slipped by 0.28% to 0.58 in 2025, then increased by 1.77% to 0.59 in 2026.
- Per Business Quant, the three latest CARR Asset Utilization Ratio figures stand at 0.59 (Q1 2026), 0.58 (Q4 2025), and 0.58 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.98 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.63 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.59 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 1.26 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 1.47 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 0.81 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.90 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.63 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.71 |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.58 |
| Sep 30, 2025 | 0.58 |
| Jun 30, 2025 | 0.60 |
| Mar 31, 2025 | 0.60 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.54 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.83 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.82 |
| Dec 31, 2021 | 0.79 |
| Sep 30, 2021 | 0.78 |
| Jun 30, 2021 | 0.78 |
| Mar 31, 2021 | 0.73 |
| Dec 31, 2020 | 0.69 |
| Sep 30, 2020 | 0.70 |
| Jun 30, 2020 | 0.74 |
| Mar 31, 2020 | 0.82 |