Carrier Global (CARR) Tax Rate (2019 - 2026)
Carrier Global (CARR) reported Tax Rate of 56.47% for Q1 2026, down 7673.0% year-over-year from 0.75% in Q1 2025, and up 91.18% quarter-over-quarter from 640.0% in Q4 2025.
Carrier Global (CARR) Tax Rate (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has 8 years of Tax Rate data on file, last reported at 56.47% in Q1 2026.
- Tax Rate for Q1 2026 came in at 56.47%, down 7673.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.32% (down 4135.0% YoY), and the FY2025 annual result was 13.35%, down 3335.0% from the prior year.
- Tax Rate advanced to 56.47% in Q1 2026 per CARR's latest filing, from 640.0% in the prior quarter.
- Over five years, Tax Rate peaked at 104.33% in Q4 2024 and troughed at 640.0% in Q4 2025.
- A 5-year average of 19.27% and a median of 19.95% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 9084 bps in 2024, then tumbled 74433 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 7.61% in 2022, then soared by 277 bps to 13.49% in 2023, then surged by 673 bps to 104.33% in 2024, then sank by 713 bps to 640.0% in 2025, then surged by 91 bps to 56.47% in 2026.
- Business Quant data shows CARR's Tax Rate at 56.47% in Q1 2026, 640.0% in Q4 2025, and 0.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 18.52 |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 21.47 |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | -56.47 |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 20.22 |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 21.65 |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 21.75 |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 16.80 |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 13.59 |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 16.41 |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 27.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -56.47% |
| Mar 31, 2026 | -56.47% |
| Dec 31, 2025 | -640.00% |
| Dec 31, 2025 | -640.00% |
| Sep 30, 2025 | -0.23% |
| Sep 30, 2025 | -0.23% |
| Jun 30, 2025 | 19.95% |
| Jun 30, 2025 | 19.95% |
| Mar 31, 2025 | 20.26% |
| Mar 31, 2025 | 20.26% |
| Dec 31, 2024 | 104.33% |
| Dec 31, 2024 | 104.33% |
| Sep 30, 2024 | 22.34% |
| Sep 30, 2024 | 22.34% |
| Jun 30, 2024 | 21.16% |
| Jun 30, 2024 | 21.16% |
| Mar 31, 2024 | 19.26% |
| Mar 31, 2024 | 19.26% |
| Dec 31, 2023 | 13.49% |
| Dec 31, 2023 | 13.49% |