Growth Metrics

Carrier Global (CARR) Invested Capital (2019 - 2026)

Carrier Global (CARR) reported Invested Capital of $24.6 billion for Q1 2026, up 73.17% year-over-year from $14.2 billion in Q1 2025, and down 1.54% on a QoQ basis from $25.0 billion in Q4 2025.

Carrier Global (CARR) has 8 years of Invested Capital data on file, last reported at $24.6 billion in Q1 2026.

  • Quarterly Invested Capital rose 73.17% year-over-year to $24.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $24.6 billion (up 73.17% YoY) and the FY2025 annual result came in at $25.0 billion, down 4.41% from the prior year.
  • Invested Capital fell to $24.6 billion in Q1 2026 per CARR's latest filing, from $25.0 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $26.1 billion in Q4 2024 and bottomed at $7.0 billion in Q2 2022.
  • The 5-year median for Invested Capital is $16.8 billion (2023), against an average of $16.9 billion.
  • The widest annual swing landed in 2022, when Invested Capital slumped 57.93%; it then soared 126.35% in 2023.
  • Tracing CARR's Invested Capital over 5 years: stood at $16.9 billion in 2022, then soared by 37.71% to $23.3 billion in 2023, then advanced by 12.13% to $26.1 billion in 2024, then declined by 4.41% to $25.0 billion in 2025, then declined by 1.54% to $24.6 billion in 2026.
  • Per Business Quant, the three latest CARR Invested Capital figures stand at $24.6 billion (Q1 2026), $25.0 billion (Q4 2025), and $25.7 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 9.28 Bn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 13.20 Bn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 24.59 Bn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 2.74 Bn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -242.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 4.54 Bn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 894.99 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 2.29 Bn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 2.02 Bn
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 8.77 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 24.59 Bn
Dec 31, 2025 24.97 Bn
Sep 30, 2025 25.66 Bn
Jun 30, 2025 25.84 Bn
Mar 31, 2025 14.20 Bn
Dec 31, 2024 26.12 Bn
Sep 30, 2024 15.04 Bn
Jun 30, 2024 14.08 Bn
Mar 31, 2024 11.91 Bn
Dec 31, 2023 23.30 Bn
Sep 30, 2023 16.85 Bn
Jun 30, 2023 8.29 Bn
Mar 31, 2023 16.82 Bn
Dec 31, 2022 16.92 Bn
Sep 30, 2022 7.46 Bn
Jun 30, 2022 6.99 Bn
Mar 31, 2022 7.43 Bn
Dec 31, 2021 16.79 Bn
Sep 30, 2021 16.72 Bn
Jun 30, 2021 16.62 Bn
Mar 31, 2021 16.54 Bn
Dec 31, 2020 16.58 Bn
Sep 30, 2020 17.41 Bn
Jun 30, 2020 16.40 Bn
Mar 31, 2020 14.27 Bn
Dec 31, 2019 14.75 Bn
Sep 30, 2019 14.64 Bn
Jun 30, 2019 14.96 Bn
Mar 31, 2019 14.69 Bn