Carrier Global (CARR) Tax Rate (2019 - 2026)
Carrier Global's (CARR) quarterly Tax Rate came in at 24.97% in Q2 2026, up 501.0% year-over-year from 4.15% in Q2 2025, and up 144.21% quarter-over-quarter from 56.47% in Q1 2026.
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Carrier Global (CARR) Tax Rate (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Tax Rate for 8 consecutive years, with 24.97% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 501.0% year-over-year to 24.97% in Q2 2026; TTM through Jun 2026 was 3.84%, a 3754.0% decrease from a year earlier, with the FY2025 full-year figure at 13.35%, down 3335.0% from the prior year.
- Tax Rate was 24.97% for Q2 2026 at Carrier Global, up from 56.47% 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 16.81% and a median of 20.1% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 9084 bps in 2024 and plunged 74433 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 7.61% in 2022, then surged by 277 bps to 13.49% in 2023, then jumped by 673 bps to 104.33% in 2024, then slumped by 713 bps to 640.0% in 2025, then surged by 104 bps to 24.97% in 2026.
- The last three Tax Rate figures came in at 24.97% (Q2 2026), 56.47% (Q1 2026), and 640.0% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 24.97% |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 20.79% |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 22.41% |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 20.95% |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 9.85% |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.97% |
| Mar 31, 2026 | -56.47% |
| Dec 31, 2025 | -640.00% |
| Sep 30, 2025 | -0.23% |
| Jun 30, 2025 | 19.95% |
| Mar 31, 2025 | 20.26% |
| Dec 31, 2024 | 104.33% |
| Sep 30, 2024 | 22.34% |
| Jun 30, 2024 | 21.16% |
| Mar 31, 2024 | 19.26% |
| Dec 31, 2023 | 13.49% |
| Sep 30, 2023 | 37.58% |
| Jun 30, 2023 | 44.79% |
| Mar 31, 2023 | 23.97% |
| Dec 31, 2022 | -7.61% |
| Sep 30, 2022 | 9.39% |
| Jun 30, 2022 | 22.46% |
| Mar 31, 2022 | 17.83% |
| Dec 31, 2021 | 18.02% |
| Sep 30, 2021 | 37.50% |