Carrier Global (CARR) Tax Provisions (2019 - 2026)
Carrier Global (CARR) posted quarterly Tax Provisions of $180.0 million for Q2 2026, up 11.11% year-over-year from $162.0 million in Q2 2025, and up 287.5% quarter-over-quarter from -$96.0 million in Q1 2026.
Carrier Global (CARR) Tax Provisions (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Tax Provisions for 8 consecutive years, with $180.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 11.11% year-over-year to $180.0 million; the TTM figure through Jun 2026 stood at $51.0 million (down 95.63% YoY), while the FY2025 annual figure was $240.0 million, down 77.4% from the prior year.
- Tax Provisions rose to $180.0 million in Q2 2026 per CARR's latest filing, from -$96.0 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.
- Historically, Tax Provisions has averaged $142.1 million across 5 years, with a median of $130.0 million in 2022.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 963.24% — and 2026, when it tumbled 186.49%.
- Carrier Global's Tax Provisions 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 tumbled by 104.43% to -$32.0 million in 2025, then surged by 662.5% to $180.0 million in 2026.
- Business Quant data shows CARR's Tax Provisions at $180.0 million in Q2 2026, -$96.0 million in Q1 2026, and -$32.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 180.00 Mn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 107.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 76.00 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 70.60 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 102.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 53.69 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 22.90 Mn |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 30.20 Mn |
Historic Data
Download 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 |