Carrier Global (CARR) Tax Provisions (2019 - 2026)
Carrier Global's Tax Provisions was $180 million in Q2 2026, up 11.1% from $162 million a year earlier.
Carrier Global (CARR) Tax Provisions (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carrier Global's Tax Provisions was $51 million through Jun 30, 2026, down 95.6% year-over-year; for FY2025, it came in at $240 million, down 77.4% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of -22.3% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $1.06 billion in FY2024 (+103.8%), $521 million in FY2023 (-15.4%), $616 million in FY2022 (-11.9%) and $699 million in FY2021 (-17.7%).
- The Q2 2026 figure marks the highest quarterly Tax Provisions since Q4 2024.
- Compared with a year earlier, Tax Provisions was higher in four of the last five quarters, with growth averaging 228.5%.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2024 (growth of 963.2%); the worst was Q4 2022 (a decline of 90.4%).
- Per Business Quant data, CARR's Tax Provisions in the three quarters before Q2 2026 was -$96 million (Q1 2026), -$32 million (Q4 2025) and -$1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 124.64 Mn |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 180.00 Mn |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 98.00 Mn |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 53.00 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 107.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 43.30 Mn |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 76.00 Mn |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 70.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 180.00 Mn |
| 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 |
Carrier Global Tax Provisions 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=tax-provisions&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();