Carrier Global (CARR) Asset Utilization Ratio (2020 - 2026)
Carrier Global (CARR) posted quarterly Asset Utilization Ratio of 0.59 for Q2 2026, down 1.08% year-over-year from 0.6 in Q2 2025, and up 0.84% quarter-over-quarter from 0.59 in Q1 2026.
Carrier Global (CARR) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Asset Utilization Ratio for 7 consecutive years, with 0.59 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 1.08% year-over-year to 0.59; the TTM figure through Jun 2026 stood at 0.59 (down 1.08% YoY), while the FY2025 annual figure was 0.58, down 8.95% from the prior year.
- Asset Utilization Ratio grew to 0.59 in Q2 2026 per CARR's latest filing, from 0.59 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.
- Historically, Asset Utilization Ratio has averaged 0.64 across 5 years, with a median of 0.6 in 2025.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio decreased 24.65% — and 2025, when it grew 18.17%.
- Carrier Global's Asset Utilization Ratio stood at 0.67 in 2022, then decreased by 5.02% to 0.64 in 2023, then decreased by 9.23% to 0.58 in 2024, then fell by 0.28% to 0.58 in 2025, then advanced by 2.63% to 0.59 in 2026.
- Business Quant data shows CARR's Asset Utilization Ratio at 0.59 in Q2 2026, 0.59 in Q1 2026, and 0.58 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.53 Bn | 99.21 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 87.28 Bn | 86.64 Bn | 2.47 Bn | 0.65 |
| 3 | Carrier Global | 49.96 Bn | 48.61 Bn | 1.94 Bn | 0.59 |
| 4 | Carlisle Companies | 14.76 Bn | 14.09 Bn | 568.40 Mn | 0.83 |
| 5 | Masco | 14.66 Bn | 14.12 Bn | 868.00 Mn | 1.43 |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 1.20 |
| 7 | Owens Corning | 11.95 Bn | 11.68 Bn | 793.00 Mn | 0.76 |
| 8 | Advanced Drainage Systems | 10.94 Bn | 10.78 Bn | 408.05 Mn | 0.71 |
| 9 | SPX Technologies | 10.35 Bn | 10.18 Bn | 272.80 Mn | 0.63 |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 0.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.59 |
| 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 |