Carrier Global (CARR) Invested Capital (2019 - 2026)
Carrier Global's (CARR) quarterly Invested Capital came in at $25.4 billion in Q2 2026, down 3.9% year-over-year from $26.5 billion in Q2 2025, and down 2.06% quarter-over-quarter from $26.0 billion in Q1 2026.
Analysis
Carrier Global (CARR) Invested Capital (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Invested Capital for 8 consecutive years, with $25.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 3.9% year-over-year to $25.4 billion in Q2 2026; TTM through Jun 2026 was $25.4 billion, a 3.9% decrease from a year earlier, with the FY2025 full-year figure at $26.0 billion, down 2.97% from the prior year.
- Invested Capital was $25.4 billion for Q2 2026 at Carrier Global, down from $26.0 billion in the prior quarter.
- Over five years, Invested Capital peaked at $28.8 billion in Q1 2024 and troughed at $15.6 billion in Q2 2022.
- A 5-year average of $22.6 billion and a median of $25.4 billion in 2025 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital jumped 66.31% in 2024 and retreated 11.87% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $16.9 billion in 2022, then jumped by 37.71% to $23.3 billion in 2023, then grew by 14.85% to $26.8 billion in 2024, then retreated by 2.97% to $26.0 billion in 2025, then declined by 2.07% to $25.4 billion in 2026.
- The last three Invested Capital figures came in at $25.4 billion (Q2 2026), $26.0 billion (Q1 2026), and $26.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 13.26 Bn |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 23.54 Bn |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 3.27 Bn |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 25.42 Bn |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 2.88 Bn |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | 1.64 Bn |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 3.03 Bn |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 2.48 Bn |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 1.45 Bn |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | 2.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.42 Bn |
| Mar 31, 2026 | 25.96 Bn |
| Dec 31, 2025 | 25.96 Bn |
| Sep 30, 2025 | 26.76 Bn |
| Jun 30, 2025 | 26.46 Bn |
| Mar 31, 2025 | 25.38 Bn |
| Dec 31, 2024 | 26.76 Bn |
| Sep 30, 2024 | 27.47 Bn |
| Jun 30, 2024 | 27.40 Bn |
| Mar 31, 2024 | 28.80 Bn |
| Dec 31, 2023 | 23.30 Bn |
| Sep 30, 2023 | 17.29 Bn |
| Jun 30, 2023 | 17.08 Bn |
| Mar 31, 2023 | 17.32 Bn |
| Dec 31, 2022 | 16.92 Bn |
| Sep 30, 2022 | 16.35 Bn |
| Jun 30, 2022 | 15.56 Bn |
| Mar 31, 2022 | 15.99 Bn |
| Dec 31, 2021 | 16.79 Bn |
| Sep 30, 2021 | 16.91 Bn |