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% on a QoQ basis from -$32.0 million in Q4 2025.
Carrier Global (CARR) has 8 years of Tax Provisions data on file, last reported at -$96.0 million in Q1 2026.
- Quarterly Tax Provisions fell 186.49% year-over-year to -$96.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.0 million (down 97.07% YoY) and the FY2025 annual result came in at $240.0 million, down 77.4% from the prior year.
- Tax Provisions fell to -$96.0 million in Q1 2026 per CARR's latest filing, from -$32.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $723.0 million in Q4 2024 and bottomed at -$96.0 million in Q1 2026.
- The 5-year median for Tax Provisions is $122.0 million (2023), against an average of $139.9 million.
- The widest annual swing landed in 2024, when Tax Provisions jumped 963.24%; it then sank 186.49% in 2026.
- Tracing CARR's Tax Provisions over 5 years: stood at $7.0 million in 2022, then jumped by 871.43% to $68.0 million in 2023, then jumped by 963.24% to $723.0 million in 2024, then plunged by 104.43% to -$32.0 million in 2025, then tumbled by 200.0% to -$96.0 million in 2026.
- Per Business Quant, the three latest CARR Tax Provisions figures stand at -$96.0 million (Q1 2026), -$32.0 million (Q4 2025), and -$1.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 136.30 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 152.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -96.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 29.70 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 63.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 35.50 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 6.29 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 13.00 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 5.36 Mn |
| 10 | Owens Corning | 9.48 Bn | 9.24 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 |
| Mar 31, 2021 | 104.00 Mn |
| Dec 31, 2020 | 289.00 Mn |
| Sep 30, 2020 | 261.00 Mn |
| Jun 30, 2020 | 106.00 Mn |
| Mar 31, 2020 | 193.00 Mn |
| Dec 31, 2019 | 137.00 Mn |
| Sep 30, 2019 | 175.00 Mn |
| Jun 30, 2019 | 65.00 Mn |
| Mar 31, 2019 | 140.00 Mn |