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
DateValue
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