Carrier Global (CARR) Asset Utilization Ratio (2020 - 2026)
Carrier Global's (CARR) quarterly Asset Utilization Ratio came in at 0.59 in 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.
Analysis
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.
- On a quarterly basis, Asset Utilization Ratio fell 1.08% year-over-year to 0.59 in Q2 2026; TTM through Jun 2026 was 0.59, a 1.08% decrease from a year earlier, with the FY2025 full-year figure at 0.58, down 8.95% from the prior year.
- Asset Utilization Ratio was 0.59 for Q2 2026 at Carrier Global, up from 0.59 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.85 in Q2 2022 and troughed at 0.51 in Q2 2024.
- A 5-year average of 0.64 and a median of 0.6 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio retreated 24.65% in 2023 and climbed 18.17% in 2025, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.67 in 2022, then fell by 5.02% to 0.64 in 2023, then fell by 9.23% to 0.58 in 2024, then dropped by 0.28% to 0.58 in 2025, then rose by 2.63% to 0.59 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.59 (Q2 2026), 0.59 (Q1 2026), and 0.58 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 0.65 |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 0.51 |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 0.59 |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 1.20 |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 0.63 |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 1.04 |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 1.06 |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic 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 |