Carrier Global (CARR) Operating Income (2019 - 2026)
Carrier Global (CARR) posted Operating Income of $825 million for Q2 2026, down 8.6% from $903 million a year earlier but up 218.5% from the prior quarter.
Powered by 
Analysis
Carrier Global (CARR) Operating Income (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Carrier Global was $1.72 billion, down 43.8% year-over-year; for FY2025, it was $2.17 billion, down 17.9% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- In prior years, Carrier Global's Operating Income was $2.65 billion in FY2024 (+22.5%), $2.16 billion in FY2023 (-45.8%), $3.98 billion in FY2022 (+50.6%) and $2.65 billion in FY2021 (-14.2%).
- Quarterly Operating Income has run from a low of -$98 million in Q4 2022 to a high of $1.74 billion in Q1 2022 over five years.
- On a year-over-year basis, Operating Income has declined in each of the last four quarters, with an average decline of 0.3% over the last eight quarters.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2022, with growth of 204.2%; the weakest was Q4 2025, with a decline of 87.0%.
- According to Business Quant data, Operating Income for the three prior quarters was $259 million (Q1 2026), $101 million (Q4 2025) and $539 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 1.22 Bn |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 987.00 Mn |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 557.97 Mn |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 825.00 Mn |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 575.00 Mn |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 217.70 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 470.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 254.70 Mn |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 352.50 Mn |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 355.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 825.00 Mn |
| Mar 31, 2026 | 259.00 Mn |
| Dec 31, 2025 | 101.00 Mn |
| Sep 30, 2025 | 539.00 Mn |
| Jun 30, 2025 | 903.00 Mn |
| Mar 31, 2025 | 629.00 Mn |
| Dec 31, 2024 | 774.00 Mn |
| Sep 30, 2024 | 763.00 Mn |
| Jun 30, 2024 | 724.00 Mn |
| Mar 31, 2024 | 385.00 Mn |
| Dec 31, 2023 | 539.00 Mn |
| Sep 30, 2023 | 510.00 Mn |
| Jun 30, 2023 | 651.00 Mn |
| Mar 31, 2023 | 460.00 Mn |
| Dec 31, 2022 | -98.00 Mn |
| Sep 30, 2022 | 1.53 Bn |
| Jun 30, 2022 | 819.00 Mn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | 463.00 Mn |
| Sep 30, 2021 | 828.00 Mn |
API Access
Carrier Global Operating 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=operating-income&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();