Carrier Global (CARR) Income from Continuing Operations (2019 - 2026)
Carrier Global's Income from Continuing Operations was -$2.54 billion in Q3 2026, compared with $434 million a year earlier.
Carrier Global (CARR) Income from Continuing Operations (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carrier Global's Income from Continuing Operations was -$1.7 billion through Sep 30, 2026; for FY2025, it was $1.56 billion, up 28.5% from FY2024.
- Income from Continuing Operations shows a five-year compound annual growth rate of -4.9% (FY2020 to FY2025).
- In earlier years, Income from Continuing Operations was $1.21 billion in FY2024 (-18.0%), $1.48 billion in FY2023 (-53.9%), $3.21 billion in FY2022 (+88.5%) and $1.7 billion in FY2021 (-15.2%).
- The Q3 2026 figure marks the lowest quarterly Income from Continuing Operations in data going back to Q1 2019.
- Compared with a year earlier, Income from Continuing Operations was higher in two of the last five quarters, with growth averaging 16.8%.
- The best year-over-year quarter for Income from Continuing Operations over five years was Q1 2022 (growth of 253.8%); the worst was Q3 2023 (a decline of 77.9%).
- Per Business Quant data, CARR's Income from Continuing Operations in the three quarters before Q3 2026 was $541 million (Q2 2026), $266 million (Q1 2026) and $37 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 1.07 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 970.00 Mn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -2.54 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 489.04 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 426.00 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 149.80 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 240.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 220.90 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 207.40 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 107.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.54 Bn |
| Jun 30, 2026 | 541.00 Mn |
| Mar 31, 2026 | 266.00 Mn |
| Dec 31, 2025 | 37.00 Mn |
| Sep 30, 2025 | 434.00 Mn |
| Jun 30, 2025 | 650.00 Mn |
| Mar 31, 2025 | 437.00 Mn |
| Dec 31, 2024 | -30.00 Mn |
| Sep 30, 2024 | 598.00 Mn |
| Jun 30, 2024 | 447.00 Mn |
| Mar 31, 2024 | 197.00 Mn |
| Dec 31, 2023 | 436.00 Mn |
| Sep 30, 2023 | 294.00 Mn |
| Jun 30, 2023 | 233.00 Mn |
| Mar 31, 2023 | 387.00 Mn |
| Dec 31, 2022 | -99.00 Mn |
| Sep 30, 2022 | 1.33 Bn |
| Jun 30, 2022 | 587.00 Mn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 332.00 Mn |
Carrier Global Income from Continuing Operations 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=income-from-continuing-operations&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "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=income-from-continuing-operations&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();