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| Date | Value |
|---|---|
| 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 |