Growth Metrics

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

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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
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