Carrier Global (CARR) Property, Plant & Equipment (Net) (2019 - 2026)
Carrier Global (CARR) reported Property, Plant & Equipment (Net) of $3.15 billion for Q3 2026, down 1.9% from $3.21 billion a year earlier and down 0.3% from the prior quarter.
Carrier Global (CARR) Property, Plant & Equipment (Net) (2019 - 2026) Analysis & Trends
At the end of FY2025, Carrier Global posted Property, Plant & Equipment (Net) of $3.17 billion, up 5.5% from FY2024.
- Property, Plant & Equipment (Net) has a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $3 billion in FY2024 (+38.8%), $2.16 billion in FY2023 (-3.6%), $2.24 billion in FY2022 (+22.7%) and $1.83 billion in FY2021 (+0.9%).
- Five-year quarterly Property, Plant & Equipment (Net) spans a low of $1.81 billion in Q2 2022 and a high of $3.21 billion in Q3 2025.
- Year over year, Property, Plant & Equipment (Net) gained in five of the last eight quarters, with growth averaging 6.1%.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q1 2024 (growth of 39.6%); the low point was Q1 2025 (a decline of 4.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.16 billion (Q2 2026), $3.12 billion (Q1 2026) and $3.17 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn | 2.46 Bn |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn | 2.11 Bn |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn | 3.15 Bn |
| 4 | Comfort Systems Usa | 38.92 Bn | 32.88 Bn | 934.48 Mn | 862.73 Mn |
| 5 | Otis Worldwide | 29.51 Bn | 26.06 Bn | 1.16 Bn | 771.00 Mn |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn | 1.18 Bn |
| 7 | Allegion | 16.19 Bn | 14.81 Bn | 548.20 Mn | 457.20 Mn |
| 8 | James Hardie Industries | 16.17 Bn | 15.36 Bn | 562.40 Mn | 2.62 Bn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 847.20 Mn |
| 10 | Madison Air Solutions | 12.50 Bn | 9.16 Bn | 422.70 Mn | 363.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.15 Bn |
| Jun 30, 2026 | 3.16 Bn |
| Mar 31, 2026 | 3.12 Bn |
| Dec 31, 2025 | 3.17 Bn |
| Sep 30, 2025 | 3.21 Bn |
| Jun 30, 2025 | 3.18 Bn |
| Mar 31, 2025 | 3.04 Bn |
| Dec 31, 2024 | 3.00 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 3.12 Bn |
| Mar 31, 2024 | 3.18 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 2.26 Bn |
| Mar 31, 2023 | 2.28 Bn |
| Dec 31, 2022 | 2.24 Bn |
| Sep 30, 2022 | 2.06 Bn |
| Jun 30, 2022 | 1.81 Bn |
| Mar 31, 2022 | 1.83 Bn |
| Dec 31, 2021 | 1.83 Bn |
Carrier Global Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();