Carrier Global (CARR) Gains from Equity Investments (2019 - 2026)
Carrier Global's Gains from Equity Investments came in at $57 million for Q3 2026, down 5.0% from $60 million a year earlier and down 1.7% from the prior quarter.
Carrier Global (CARR) Gains from Equity Investments (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Carrier Global reported Gains from Equity Investments of $193 million, down 14.6% year-over-year; for FY2025, it was $229 million, down 0.9% from FY2024.
- Gains from Equity Investments carries a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- Going back by year, Gains from Equity Investments was $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%).
- The five-year range for quarterly Gains from Equity Investments is $31 million (Q1 2024) to $101 million (Q2 2022).
- Year-over-year, Gains from Equity Investments has declined for three consecutive quarters, with an average decline of 3.0% over the last eight quarters.
- The fastest year-over-year change in Gains from Equity Investments over five years came in Q2 2024 (growth of 73.1%), and the weakest in Q2 2023 (a decline of 48.5%).
- Business Quant data shows CARR's Gains from Equity Investments at $58 million (Q2 2026), $31 million (Q1 2026) and $47 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 38.92 Bn | 32.88 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 29.51 Bn | 26.06 Bn | 1.16 Bn |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn |
| 7 | Allegion | 16.19 Bn | 14.81 Bn | 548.20 Mn |
| 8 | James Hardie Industries | 16.17 Bn | 15.36 Bn | 562.40 Mn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn |
| 10 | Madison Air Solutions | 12.50 Bn | 9.16 Bn | 422.70 Mn |
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 |
Carrier Global Gains from Equity Investments 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=gains-from-equity-investments&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "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=gains-from-equity-investments&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();