Growth Metrics

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 🔒
DateValue
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