Carrier Global (CARR) Net Income (2019 - 2026)
Carrier Global (CARR) recorded Net Income of -$2.59 billion in Q3 2026, compared with $455 million a year earlier.
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Analysis
Carrier Global (CARR) Net Income (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Net Income came in at -$1.73 billion as of Sep 30, 2026; for FY2025, it came in at $1.59 billion, down 72.2% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of -4.6% (FY2020 to FY2025).
- Across earlier years, Net Income came in at $5.71 billion in FY2024 (+296.4%), $1.44 billion in FY2023 (-59.8%), $3.58 billion in FY2022 (+110.7%) and $1.7 billion in FY2021 (-15.2%).
- The Q3 2026 figure is the lowest quarterly Net Income in data going back to Q1 2019.
- On a year-over-year basis, Net Income rose in two of the last seven quarters, with growth averaging 43.7%.
- Peak year-over-year performance for Net Income in the last five years was growth of 916.7% in Q2 2024, against a decline of 97.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $541 million (Q2 2026), $265 million (Q1 2026) and $62 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 1.05 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -2.59 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 | 151.00 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 | 208.10 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 107.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.59 Bn |
| Jun 30, 2026 | 541.00 Mn |
| Mar 31, 2026 | 265.00 Mn |
| Dec 31, 2025 | 62.00 Mn |
| Sep 30, 2025 | 455.00 Mn |
| Jun 30, 2025 | 633.00 Mn |
| Mar 31, 2025 | 437.00 Mn |
| Dec 31, 2024 | 2.57 Bn |
| Sep 30, 2024 | 481.00 Mn |
| Jun 30, 2024 | 2.37 Bn |
| Mar 31, 2024 | 289.00 Mn |
| Dec 31, 2023 | 439.00 Mn |
| Sep 30, 2023 | 381.00 Mn |
| Jun 30, 2023 | 233.00 Mn |
| Mar 31, 2023 | 387.00 Mn |
| Dec 31, 2022 | 278.00 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 |
API Access
Carrier Global Net Income 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=net-income&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();