Carrier Global (CARR) Equity Income (2019 - 2026)
Carrier Global (CARR) recorded Equity Income of $57 million in Q3 2026, down 5.0% from $60 million a year earlier and down 1.7% from the prior quarter.
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Analysis
Carrier Global (CARR) Equity Income (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Equity Income came in at $193 million as of Sep 30, 2026, down 14.6% year-over-year; for FY2025, it came in at $229 million, down 0.9% from FY2024.
- Annual Equity Income has a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- Across earlier years, Equity Income came in at $231 million in FY2024 (+9.5%), $211 million in FY2023 (-19.5%), $262 million in FY2022 (+5.2%) and $249 million in FY2021 (+20.3%).
- Quarterly Equity Income has ranged from $31 million in Q1 2024 to $101 million in Q2 2022 over the past five years.
- On a year-over-year basis, Equity Income has declined for three consecutive quarters, with an average decline of 3.0% over the last eight quarters.
- Peak year-over-year performance for Equity Income in the last five years was growth of 73.1% in Q2 2024, against a decline of 48.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $58 million (Q2 2026), $31 million (Q1 2026) and $47 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | - |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 8.00 Mn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 57.00 Mn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | - |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | - |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | - |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | - |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | - |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | - |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 57.00 Mn |
| Jun 30, 2026 | 58.00 Mn |
| Mar 31, 2026 | 31.00 Mn |
| Dec 31, 2025 | 47.00 Mn |
| Sep 30, 2025 | 60.00 Mn |
| Jun 30, 2025 | 78.00 Mn |
| Mar 31, 2025 | 44.00 Mn |
| Dec 31, 2024 | 44.00 Mn |
| Sep 30, 2024 | 66.00 Mn |
| Jun 30, 2024 | 90.00 Mn |
| Mar 31, 2024 | 31.00 Mn |
| Dec 31, 2023 | 40.00 Mn |
| Sep 30, 2023 | 75.00 Mn |
| Jun 30, 2023 | 52.00 Mn |
| Mar 31, 2023 | 44.00 Mn |
| Dec 31, 2022 | 40.00 Mn |
| Sep 30, 2022 | 63.00 Mn |
| Jun 30, 2022 | 101.00 Mn |
| Mar 31, 2022 | 58.00 Mn |
| Dec 31, 2021 | 48.00 Mn |
API Access
Carrier Global Equity Income 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=equity-income&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();