Growth Metrics

Carrier Global (CARR) Change in Inventory (2019 - 2026)

Carrier Global (CARR) reported Change in Inventory of $138.0 million for Q1 2026, down 54.15% year-over-year from $301.0 million in Q1 2025, and up 130.87% on a QoQ basis from -$447.0 million in Q4 2025.

Carrier Global (CARR) has 8 years of Change in Inventory data on file, last reported at $138.0 million in Q1 2026.

  • Quarterly Change in Inventory fell 54.15% year-over-year to $138.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$82.0 million (down 10.81% YoY) and the FY2025 annual result came in at $81.0 million, up 127.74% from the prior year.
  • Change in Inventory advanced to $138.0 million in Q1 2026 per CARR's latest filing, from -$447.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $390.0 million in Q1 2022 and bottomed at -$447.0 million in Q4 2025.
  • The 5-year median for Change in Inventory is $45.0 million (2022), against an average of -$1.4 million.
  • The widest annual swing landed in 2024, when Change in Inventory slumped 630.77%; it then surged 268.12% in 2025.
  • Tracing CARR's Change in Inventory over 5 years: stood at -$319.0 million in 2022, then soared by 38.87% to -$195.0 million in 2023, then slipped by 10.77% to -$216.0 million in 2024, then slumped by 106.94% to -$447.0 million in 2025, then soared by 130.87% to $138.0 million in 2026.
  • Per Business Quant, the three latest CARR Change in Inventory figures stand at $138.0 million (Q1 2026), -$447.0 million (Q4 2025), and $116.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn -
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 112.00 Mn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 138.00 Mn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 62.60 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 29.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 34.60 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 9.77 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 35.30 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 32.01 Mn
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 138.00 Mn
Mar 31, 2026 138.00 Mn
Dec 31, 2025 -447.00 Mn
Dec 31, 2025 -447.00 Mn
Sep 30, 2025 116.00 Mn
Sep 30, 2025 116.00 Mn
Jun 30, 2025 111.00 Mn
Jun 30, 2025 111.00 Mn
Mar 31, 2025 301.00 Mn
Mar 31, 2025 301.00 Mn
Dec 31, 2024 -216.00 Mn
Dec 31, 2024 -216.00 Mn
Sep 30, 2024 -69.00 Mn
Sep 30, 2024 -69.00 Mn
Jun 30, 2024 -90.00 Mn
Jun 30, 2024 -90.00 Mn
Mar 31, 2024 83.00 Mn
Mar 31, 2024 83.00 Mn
Dec 31, 2023 -195.00 Mn
Dec 31, 2023 -195.00 Mn
Sep 30, 2023 13.00 Mn
Sep 30, 2023 13.00 Mn
Jun 30, 2023 -67.00 Mn
Jun 30, 2023 -67.00 Mn
Mar 31, 2023 126.00 Mn
Mar 31, 2023 126.00 Mn
Dec 31, 2022 -319.00 Mn
Dec 31, 2022 -319.00 Mn
Sep 30, 2022 57.00 Mn
Sep 30, 2022 57.00 Mn
Jun 30, 2022 45.00 Mn
Jun 30, 2022 45.00 Mn
Mar 31, 2022 390.00 Mn
Mar 31, 2022 390.00 Mn
Dec 31, 2021 64.00 Mn
Dec 31, 2021 64.00 Mn
Sep 30, 2021 134.00 Mn
Sep 30, 2021 134.00 Mn
Jun 30, 2021 -38.00 Mn
Jun 30, 2021 -38.00 Mn
Mar 31, 2021 248.00 Mn
Mar 31, 2021 248.00 Mn
Dec 31, 2020 3.00 Mn
Dec 31, 2020 3.00 Mn
Sep 30, 2020 -88.00 Mn
Sep 30, 2020 -88.00 Mn
Jun 30, 2020 61.00 Mn
Jun 30, 2020 61.00 Mn
Mar 31, 2020 264.00 Mn
Mar 31, 2020 264.00 Mn
Dec 31, 2019 -267.00 Mn
Dec 31, 2019 -267.00 Mn
Sep 30, 2019 -71.00 Mn
Sep 30, 2019 -71.00 Mn
Jun 30, 2019 110.00 Mn
Jun 30, 2019 110.00 Mn
Mar 31, 2019 230.00 Mn
Mar 31, 2019 230.00 Mn