Carrier Global (CARR) Net Income (2019 - 2026)
Carrier Global (CARR) recorded Net Income of $541 million in Q2 2026, down 14.5% from $633 million a year earlier but up 104.2% from the prior quarter.
Carrier Global (CARR) Net Income (2019 - 2026) Analysis & Trends
On a TTM basis, Carrier Global's Net Income came in at $1.32 billion as of Jun 30, 2026, down 67.9% year-over-year; 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%).
- Quarterly Net Income has ranged from $62 million in Q4 2025 to $2.57 billion in Q4 2024 over the past five years.
- On a year-over-year basis, Net Income has declined for five consecutive quarters, with growth averaging 41.6% over the last eight quarters.
- 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 $265 million (Q1 2026), $62 million (Q4 2025) and $455 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 935.30 Mn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 752.00 Mn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 441.60 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 541.00 Mn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 449.00 Mn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 104.30 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 333.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 184.60 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 255.20 Mn |
| 10 | Lennox International | 12.27 Bn | 12.07 Bn | 539.50 Mn | 269.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 480.00 Mn |
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_KEY
import 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();