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CARRIER GLOBAL Corp Income Tax Expense 2018-2026 | CARR

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is CARRIER GLOBAL Corp's current income tax expense?

CARRIER GLOBAL Corp (CARR) annual income tax expense for 2025 was $240.0M, a 77.40% decline from 2024. CARRIER GLOBAL Corp income tax expense for the quarter ending March 31, 2026 was $-96.0M.

What was CARRIER GLOBAL Corp's income tax expense in 2024?

CARRIER GLOBAL Corp annual income tax expense for 2024 was $1.06B, a 103.84% increase from 2023.

What was CARRIER GLOBAL Corp's income tax expense in 2023?

CARRIER GLOBAL Corp annual income tax expense for 2023 was $521.0M, a 15.42% decline from 2022.

What is CARRIER GLOBAL Corp's 5-year income tax expense CAGR?

CARRIER GLOBAL Corp income tax expense grew at a compound annual growth rate (CAGR) of 22.33% from FY2020 to FY2025, going from $849.0M to $240.0M over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-22.3%
FY2020
$849.0M
FY2025
$240.0M
1819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$240.0M-77.4%10-K
FY2024$1.06B+103.8%10-K
FY2023$521.0M-15.4%10-K
FY2022$616.0M-11.9%10-K
FY2021$699.0M-17.7%10-K
FY2020$849.0M+64.2%10-K
FY2019$517.0M-51.8%10-K
FY2018$1.07B-10-K
Company: CARRIER GLOBAL CorpTicker: CARRSector: OtherIndustry: Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipView company profile →