Carrier Global (CARR) Tax Rate (2019 - 2026)
Carrier Global (CARR) posted quarterly Tax Rate of 24.97% for 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.
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.
- In Q2 2026, Tax Rate rose 501.0% year-over-year to 24.97%; the TTM figure through Jun 2026 stood at 3.84% (down 3754.0% YoY), while the FY2025 annual figure was 13.35%, down 3335.0% from the prior year.
- Tax Rate grew to 24.97% in Q2 2026 per CARR's latest filing, from 56.47% in the prior quarter.
- Across five years, Tax Rate topped out at 104.33% in Q4 2024 and bottomed at 640.0% in Q4 2025.
- Historically, Tax Rate has averaged 16.81% across 5 years, with a median of 20.1% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 9084 bps — and 2025, when it tumbled 74433 bps.
- Carrier Global's Tax Rate stood at 7.61% in 2022, then jumped by 277 bps to 13.49% in 2023, then soared by 673 bps to 104.33% in 2024, then slumped by 713 bps to 640.0% in 2025, then jumped by 104 bps to 24.97% in 2026.
- Business Quant data shows CARR's Tax Rate at 24.97% in Q2 2026, 56.47% in Q1 2026, and 640.0% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 17.99% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 24.97% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 24.32% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 22.77% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 20.79% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 24.70% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 23.45% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 22.41% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 23.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.97% |
| Jun 30, 2026 | 24.97% |
| Jun 30, 2026 | 24.97% |
| Mar 31, 2026 | -56.47% |
| Mar 31, 2026 | -56.47% |
| Mar 31, 2026 | -56.47% |
| Dec 31, 2025 | -640.00% |
| Dec 31, 2025 | -640.00% |
| Dec 31, 2025 | -640.00% |
| Sep 30, 2025 | -0.23% |
| Sep 30, 2025 | -0.23% |
| Sep 30, 2025 | -0.23% |
| Jun 30, 2025 | 19.95% |
| Jun 30, 2025 | 19.95% |
| Jun 30, 2025 | 19.95% |
| Mar 31, 2025 | 20.26% |
| Mar 31, 2025 | 20.26% |
| Mar 31, 2025 | 20.26% |
| Dec 31, 2024 | 104.33% |
| Dec 31, 2024 | 104.33% |