Carrier Global (CARR) Capital Expenditures (2019 - 2026)
Carrier Global's Capital Expenditures was $139 million in Q3 2026, up 18.8% from $117 million a year earlier and up 18.8% from the prior quarter.
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Analysis
Carrier Global (CARR) Capital Expenditures (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carrier Global's Capital Expenditures was $481 million through Sep 30, 2026, up 0.6% year-over-year; for FY2025, it came in at $392 million, down 24.5% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $519 million in FY2024 (+18.2%), $439 million in FY2023 (+38.5%), $317 million in FY2022 (-7.8%) and $344 million in FY2021 (+10.3%).
- The Q3 2026 figure marks the highest quarterly Capital Expenditures since Q4 2024.
- Compared with a year earlier, Capital Expenditures has increased for three straight quarters, with growth averaging 4.3% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2023 (growth of 113.5%); the worst was Q4 2025 (a decline of 39.6%).
- Per Business Quant data, CARR's Capital Expenditures in the three quarters before Q3 2026 was $117 million (Q2 2026), $94 million (Q1 2026) and $131 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 108.10 Mn |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 95.00 Mn |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | 139.00 Mn |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 210.60 Mn |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 39.00 Mn |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | 68.50 Mn |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 39.00 Mn |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 25.70 Mn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 36.80 Mn |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 33.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 139.00 Mn |
| Jun 30, 2026 | 117.00 Mn |
| Mar 31, 2026 | 94.00 Mn |
| Dec 31, 2025 | 131.00 Mn |
| Sep 30, 2025 | 117.00 Mn |
| Jun 30, 2025 | 81.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 92.00 Mn |
| Jun 30, 2024 | 108.00 Mn |
| Mar 31, 2024 | 102.00 Mn |
| Dec 31, 2023 | 222.00 Mn |
| Sep 30, 2023 | 73.00 Mn |
| Jun 30, 2023 | 74.00 Mn |
| Mar 31, 2023 | 70.00 Mn |
| Dec 31, 2022 | 104.00 Mn |
| Sep 30, 2022 | 91.00 Mn |
| Jun 30, 2022 | 66.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 138.00 Mn |
API Access
Carrier Global Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();