Carrier Global (CARR) EBITDA (2019 - 2026)
Carrier Global (CARR) recorded EBITDA of -$1.95 billion in Q3 2026, compared with $864 million a year earlier.
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Analysis
Carrier Global (CARR) EBITDA (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's EBITDA came in at $194 million as of Sep 30, 2026, down 95.3% year-over-year; for FY2025, it was $3.45 billion, down 11.1% from FY2024.
- Annual EBITDA has a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Across earlier years, EBITDA came in at $3.88 billion in FY2024 (+46.3%), $2.65 billion in FY2023 (-38.5%), $4.31 billion in FY2022 (+44.6%) and $2.98 billion in FY2021 (-12.8%).
- The Q3 2026 figure is the lowest quarterly EBITDA in data going back to Q1 2019.
- On a year-over-year basis, EBITDA rose in three of the last seven quarters, with an average decline of 0.9%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 177.7% in Q1 2022, against a decline of 67.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.14 billion (Q2 2026), $574 million (Q1 2026) and $430 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 1.45 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -1.95 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 672.34 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 661.00 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 425.90 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | - |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 320.70 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 342.00 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 267.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.95 Bn |
| Jun 30, 2026 | 1.14 Bn |
| Mar 31, 2026 | 574.00 Mn |
| Dec 31, 2025 | 430.00 Mn |
| Sep 30, 2025 | 864.00 Mn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 932.00 Mn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 693.00 Mn |
| Dec 31, 2023 | 662.00 Mn |
| Sep 30, 2023 | 605.00 Mn |
| Jun 30, 2023 | 788.00 Mn |
| Mar 31, 2023 | 596.00 Mn |
| Dec 31, 2022 | -27.00 Mn |
| Sep 30, 2022 | 1.63 Bn |
| Jun 30, 2022 | 895.00 Mn |
| Mar 31, 2022 | 1.82 Bn |
| Dec 31, 2021 | 550.00 Mn |
API Access
Carrier Global EBITDA 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=ebitda&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();