Carrier Global (CARR) Change in Inventory (2019 - 2026)
Carrier Global (CARR) reported Change in Inventory of $197 million for Q2 2026, up 77.5% from $111 million a year earlier and up 42.8% from the prior quarter.
Carrier Global (CARR) Change in Inventory (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Carrier Global's Change in Inventory came in at $4 million, down 96.9% year-over-year; for FY2025, it came in at $81 million.
- Change in Inventory has a five-year compound annual growth rate of -19.5% (FY2020 to FY2025).
- By year, Change in Inventory came in at -$292 million in FY2024, -$123 million in FY2023, $173 million in FY2022 (-57.6%) and $408 million in FY2021 (+70.0%).
- The Q2 2026 figure ranks as the highest quarterly Change in Inventory since Q1 2025.
- The high point for year-over-year Change in Inventory in five years was Q1 2025 (growth of 262.7%); the low point was Q3 2023 (a decline of 77.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $138 million (Q1 2026), -$447 million (Q4 2025) and $116 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 26.00 Mn |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 10.86 Mn |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 197.00 Mn |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 21.00 Mn |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | -26.00 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | -7.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | - |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 12.80 Mn |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | -55.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 197.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | -447.00 Mn |
| Sep 30, 2025 | 116.00 Mn |
| Jun 30, 2025 | 111.00 Mn |
| Mar 31, 2025 | 301.00 Mn |
| Dec 31, 2024 | -216.00 Mn |
| Sep 30, 2024 | -69.00 Mn |
| Jun 30, 2024 | -90.00 Mn |
| Mar 31, 2024 | 83.00 Mn |
| Dec 31, 2023 | -195.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | -67.00 Mn |
| Mar 31, 2023 | 126.00 Mn |
| Dec 31, 2022 | -319.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 390.00 Mn |
| Dec 31, 2021 | 64.00 Mn |
| Sep 30, 2021 | 134.00 Mn |
Carrier Global Change in Inventory 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=change-in-inventory&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();