Growth Metrics

Carrier Global (CARR) Capital Expenditures (2019 - 2026)

Carrier Global (CARR) reported Capital Expenditures of $94.0 million for Q1 2026, up 49.21% year-over-year from $63.0 million in Q1 2025, and down 28.24% on a QoQ basis from $131.0 million in Q4 2025.

Carrier Global (CARR) has 8 years of Capital Expenditures data on file, last reported at $94.0 million in Q1 2026.

  • Quarterly Capital Expenditures rose 49.21% year-over-year to $94.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $423.0 million (down 11.88% YoY) and the FY2025 annual result came in at $392.0 million, down 24.47% from the prior year.
  • Capital Expenditures slipped to $94.0 million in Q1 2026 per CARR's latest filing, from $131.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $222.0 million in Q4 2023 and bottomed at $56.0 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $92.0 million (2024), against an average of $103.6 million.
  • The widest annual swing landed in 2023, when Capital Expenditures jumped 113.46%; it then plunged 39.63% in 2025.
  • Tracing CARR's Capital Expenditures over 5 years: stood at $104.0 million in 2022, then jumped by 113.46% to $222.0 million in 2023, then retreated by 2.25% to $217.0 million in 2024, then tumbled by 39.63% to $131.0 million in 2025, then decreased by 28.24% to $94.0 million in 2026.
  • Per Business Quant, the three latest CARR Capital Expenditures figures stand at $94.0 million (Q1 2026), $131.0 million (Q4 2025), and $117.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 79.70 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 80.00 Mn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 94.00 Mn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 55.50 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 34.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 28.30 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 62.50 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 18.50 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 53.03 Mn
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 233.00 Mn

Historic Data

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DateValue
Mar 31, 2026 94.00 Mn
Mar 31, 2026 94.00 Mn
Dec 31, 2025 131.00 Mn
Dec 31, 2025 131.00 Mn
Sep 30, 2025 117.00 Mn
Sep 30, 2025 117.00 Mn
Jun 30, 2025 81.00 Mn
Jun 30, 2025 81.00 Mn
Mar 31, 2025 63.00 Mn
Mar 31, 2025 63.00 Mn
Dec 31, 2024 217.00 Mn
Dec 31, 2024 217.00 Mn
Sep 30, 2024 92.00 Mn
Sep 30, 2024 92.00 Mn
Jun 30, 2024 108.00 Mn
Jun 30, 2024 108.00 Mn
Mar 31, 2024 102.00 Mn
Mar 31, 2024 102.00 Mn
Dec 31, 2023 222.00 Mn
Dec 31, 2023 222.00 Mn
Sep 30, 2023 73.00 Mn
Sep 30, 2023 73.00 Mn
Jun 30, 2023 74.00 Mn
Jun 30, 2023 74.00 Mn
Mar 31, 2023 70.00 Mn
Mar 31, 2023 70.00 Mn
Dec 31, 2022 104.00 Mn
Dec 31, 2022 104.00 Mn
Sep 30, 2022 91.00 Mn
Sep 30, 2022 91.00 Mn
Jun 30, 2022 66.00 Mn
Jun 30, 2022 66.00 Mn
Mar 31, 2022 56.00 Mn
Mar 31, 2022 56.00 Mn
Dec 31, 2021 138.00 Mn
Dec 31, 2021 138.00 Mn
Sep 30, 2021 74.00 Mn
Sep 30, 2021 74.00 Mn
Jun 30, 2021 79.00 Mn
Jun 30, 2021 79.00 Mn
Mar 31, 2021 53.00 Mn
Mar 31, 2021 53.00 Mn
Dec 31, 2020 161.00 Mn
Dec 31, 2020 161.00 Mn
Sep 30, 2020 57.00 Mn
Sep 30, 2020 57.00 Mn
Jun 30, 2020 46.00 Mn
Jun 30, 2020 46.00 Mn
Mar 31, 2020 48.00 Mn
Mar 31, 2020 48.00 Mn
Dec 31, 2019 104.00 Mn
Dec 31, 2019 104.00 Mn
Sep 30, 2019 50.00 Mn
Sep 30, 2019 50.00 Mn
Jun 30, 2019 48.00 Mn
Jun 30, 2019 48.00 Mn
Mar 31, 2019 41.00 Mn
Mar 31, 2019 41.00 Mn