Carrier Global (CARR) Income from Non-Controlling Interests (2019 - 2026)
Carrier Global (CARR) recorded Income from Non-Controlling Interests of $40 million in Q2 2026, down 4.8% from $42 million a year earlier but up 48.1% from the prior quarter.
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Analysis
Carrier Global (CARR) Income from Non-Controlling Interests (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Income from Non-Controlling Interests came in at $103 million as of Jun 30, 2026, down 13.4% year-over-year; for FY2025, it came in at $103 million, down 1.0% from FY2024.
- Annual Income from Non-Controlling Interests has a five-year compound annual growth rate of 33.8% (FY2020 to FY2025).
- Across earlier years, Income from Non-Controlling 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%).
- Quarterly Income from Non-Controlling Interests has ranged from $8 million in Q4 2021 to $42 million in Q2 2025 over the past five years.
- On a year-over-year basis, Income from Non-Controlling Interests rose in four of the last eight quarters, with growth averaging 3.2%.
- Peak year-over-year performance for Income from Non-Controlling 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 $27 million (Q1 2026), $9 million (Q4 2025) and $27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | - |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 40.00 Mn |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 21.00 Mn |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | - |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 15.00 Mn |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | - |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | - |
| 10 | Lennox International | 12.31 Bn | 12.11 Bn | 539.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 11.00 Mn |
API Access
Carrier Global Income from Non-Controlling 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();