Carrier Global (CARR) Gross Profit (2019 - 2026)
Carrier Global (CARR) reported Gross Profit of $1.9 billion for Q3 2026, up 13.0% from $1.68 billion a year earlier but down 2.2% from the prior quarter.
Carrier Global (CARR) Gross Profit (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Carrier Global's Gross Profit came in at $6.59 billion, up 12.3% year-over-year; for FY2025, it came in at $6.57 billion, up 9.8% from FY2024.
- Gross Profit has increased for three consecutive years, with a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- By year, Gross Profit came in at $5.98 billion in FY2024 (+15.9%), $5.16 billion in FY2023 (+20.1%), $4.3 billion in FY2022 (-28.1%) and $5.98 billion in FY2021 (+17.0%).
- Five-year quarterly Gross Profit spans a low of $80 million in Q4 2022 and a high of $2 billion in Q2 2025.
- Year over year, Gross Profit gained in three of the last eight quarters, with growth averaging 9.4%.
- The high point for year-over-year Gross Profit in five years was Q1 2024 (growth of 169.2%); the low point was Q4 2022 (a decline of 94.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.94 billion (Q2 2026), $1.5 billion (Q1 2026) and $1.24 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn |
| 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
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.90 Bn |
| Jun 30, 2026 | 1.94 Bn |
| Mar 31, 2026 | 1.50 Bn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.68 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 1.65 Bn |
| Dec 31, 2024 | 534.00 Mn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.68 Bn |
| Dec 31, 2023 | 1.12 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 945.00 Mn |
| Mar 31, 2023 | 623.00 Mn |
| Dec 31, 2022 | 80.00 Mn |
| Sep 30, 2022 | 1.48 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.37 Bn |
Carrier Global Gross Profit 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=gross-profit&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();