Carrier Global (CARR) Tax Provisions (2019 - 2026)
Carrier Global (CARR) reported Tax Provisions of -$96.0 million for Q1 2026, down 186.49% year-over-year from $111.0 million in Q1 2025, and down 200.0% quarter-over-quarter from -$32.0 million in Q4 2025.
Carrier Global (CARR) Tax Provisions (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has 8 years of Tax Provisions data on file, last reported at -$96.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$96.0 million, down 186.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.0 million (down 97.07% YoY), and the FY2025 annual result was $240.0 million, down 77.4% from the prior year.
- Tax Provisions declined to -$96.0 million in Q1 2026 per CARR's latest filing, from -$32.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $723.0 million in Q4 2024 and troughed at -$96.0 million in Q1 2026.
- A 5-year average of $139.9 million and a median of $122.0 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2024 and 2026: Tax Provisions soared 963.24% in 2024, then tumbled 186.49% in 2026.
- A 5-year view of Tax Provisions shows it stood at $7.0 million in 2022, then soared by 871.43% to $68.0 million in 2023, then soared by 963.24% to $723.0 million in 2024, then slumped by 104.43% to -$32.0 million in 2025, then sank by 200.0% to -$96.0 million in 2026.
- Business Quant data shows CARR's Tax Provisions at -$96.0 million in Q1 2026, -$32.0 million in Q4 2025, and -$1.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 136.30 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 152.00 Mn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | -96.00 Mn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 29.70 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 63.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 35.50 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 13.00 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 5.36 Mn |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 6.29 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -96.00 Mn |
| Dec 31, 2025 | -32.00 Mn |
| Sep 30, 2025 | -1.00 Mn |
| Jun 30, 2025 | 162.00 Mn |
| Mar 31, 2025 | 111.00 Mn |
| Dec 31, 2024 | 723.00 Mn |
| Sep 30, 2024 | 172.00 Mn |
| Jun 30, 2024 | 120.00 Mn |
| Mar 31, 2024 | 47.00 Mn |
| Dec 31, 2023 | 68.00 Mn |
| Sep 30, 2023 | 177.00 Mn |
| Jun 30, 2023 | 189.00 Mn |
| Mar 31, 2023 | 122.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 138.00 Mn |
| Jun 30, 2022 | 170.00 Mn |
| Mar 31, 2022 | 301.00 Mn |
| Dec 31, 2021 | 73.00 Mn |
| Sep 30, 2021 | 288.00 Mn |
| Jun 30, 2021 | 234.00 Mn |