Carrier Global Capital Expenditures (CapEx) Growth & History (CARR)
Carrier Global's capital expenditures (capex) was $392.0M for fiscal 2025.
View full Carrier Global company overviewCarrier Global annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $392.0M | −$127.0M | −24.47% |
| 2024 | 2024-12-31 | $519.0M | $80.0M | +18.22% |
| 2023 | 2023-12-31 | $439.0M | $122.0M | +38.49% |
| 2022 | 2022-12-31 | $317.0M | −$27.0M | −7.85% |
| 2021 | 2021-12-31 | $344.0M | $32.0M | +10.26% |
| 2020 | 2020-12-31 | $312.0M | $69.0M | +28.40% |
| 2019 | 2019-12-31 | $243.0M | −$20.0M | −7.60% |
| 2018 | 2018-12-31 | $263.0M | — | — |
Carrier Global quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $117.0M | $36.0M | +44.44% |
| Q1 2026 | 2026-03-31 | $94.0M | $31.0M | +49.21% |
| Q4 2025 | 2025-12-31 | $131.0M | −$86.0M | −39.63% |
| Q3 2025 | 2025-09-30 | $117.0M | $25.0M | +27.17% |
| Q2 2025 | 2025-06-30 | $81.0M | −$27.0M | −25.00% |
| Q1 2025 | 2025-03-31 | $63.0M | −$39.0M | −38.24% |
| Q4 2024 | 2024-12-31 | $217.0M | −$5.0M | −2.25% |
| Q3 2024 | 2024-09-30 | $92.0M | $19.0M | +26.03% |
| Q2 2024 | 2024-06-30 | $108.0M | $34.0M | +45.95% |
| Q1 2024 | 2024-03-31 | $102.0M | $32.0M | +45.71% |
| Q4 2023 | 2023-12-31 | $222.0M | $118.0M | +113.46% |
| Q3 2023 | 2023-09-30 | $73.0M | −$18.0M | −19.78% |
| Q2 2023 | 2023-06-30 | $74.0M | $8.0M | +12.12% |
| Q1 2023 | 2023-03-31 | $70.0M | $14.0M | +25.00% |
| Q4 2022 | 2022-12-31 | $104.0M | −$34.0M | −24.64% |
| Q3 2022 | 2022-09-30 | $91.0M | $17.0M | +22.97% |
| Q2 2022 | 2022-06-30 | $66.0M | −$13.0M | −16.46% |
| Q1 2022 | 2022-03-31 | $56.0M | $3.0M | +5.66% |
| Q4 2021 | 2021-12-31 | $138.0M | −$23.0M | −14.29% |
| Q3 2021 | 2021-09-30 | $74.0M | $17.0M | +29.82% |
| Q2 2021 | 2021-06-30 | $79.0M | $33.0M | +71.74% |
| Q1 2021 | 2021-03-31 | $53.0M | $5.0M | +10.42% |
| Q4 2020 | 2020-12-31 | $161.0M | $57.0M | +54.81% |
| Q3 2020 | 2020-09-30 | $57.0M | $7.0M | +14.00% |
| Q2 2020 | 2020-06-30 | $46.0M | −$2.0M | −4.17% |
| Q1 2020 | 2020-03-31 | $48.0M | $7.0M | +17.07% |
| Q4 2019 | 2019-12-31 | $104.0M | — | — |
| Q3 2019 | 2019-09-30 | $50.0M | — | — |
| Q2 2019 | 2019-06-30 | $48.0M | — | — |
| Q1 2019 | 2019-03-31 | $41.0M | — | — |
Carrier Global capital expenditures (capex) trends
Over the last five fiscal years, Carrier Global's capital expenditures (capex) increased from $312.0M to $392.0M, a change of $80.0M. The latest reported quarter, Q2 2026, shows $117.0M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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