Carrier Global (CARR) Net Income Attributable to Noncontrolling Interests (2019 - 2026)
Carrier Global (CARR) recorded Net Income Attributable to Noncontrolling Interests of $53 million in Q3 2026, up 96.3% from $27 million a year earlier and up 32.5% from the prior quarter.
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Carrier Global (CARR) Net Income Attributable to Noncontrolling Interests (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Net Income Attributable to Noncontrolling Interests came in at $129 million as of Sep 30, 2026, up 15.2% year-over-year; for FY2025, it came in at $103 million, down 1.0% from FY2024.
- Annual Net Income Attributable to Noncontrolling Interests has a five-year compound annual growth rate of 33.8% (FY2020 to FY2025).
- Across earlier years, Net Income Attributable to Noncontrolling Interests came in at $104 million in FY2024 (+14.3%), $91 million in FY2023 (+82.0%), $50 million in FY2022 (+35.1%) and $37 million in FY2021 (+54.2%).
- The Q3 2026 figure is the highest quarterly Net Income Attributable to Noncontrolling Interests in data going back to Q1 2019.
- On a year-over-year basis, Net Income Attributable to Noncontrolling Interests rose in four of the last eight quarters, with growth averaging 10.0%.
- Peak year-over-year performance for Net Income Attributable to Noncontrolling Interests in the last five years was growth of 166.7% in Q4 2021, against a decline of 50.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $40 million (Q2 2026), $27 million (Q1 2026) and $9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn | -5.30 Mn |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn | 3.00 Mn |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn | 53.00 Mn |
| 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 | 12.00 Mn |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn | 10.00 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 | 155.30 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 53.00 Mn |
| Jun 30, 2026 | 40.00 Mn |
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 9.00 Mn |
| Sep 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 42.00 Mn |
| Mar 31, 2025 | 25.00 Mn |
| Dec 31, 2024 | 18.00 Mn |
| Sep 30, 2024 | 34.00 Mn |
| Jun 30, 2024 | 32.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 19.00 Mn |
| Sep 30, 2023 | 24.00 Mn |
| Jun 30, 2023 | 34.00 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | 8.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 14.00 Mn |
| Mar 31, 2022 | 8.00 Mn |
| Dec 31, 2021 | 8.00 Mn |
API Access
Carrier Global Net Income Attributable to Noncontrolling Interests 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-non-controlling-interests&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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-non-controlling-interests&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();