Company / Income Tax
Carrier Global Income Tax History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$240.0M
FY2025
5-year range
$240.0M / $1.1B
FY2021-FY2025
Trend
-77.4%
vs FY2024
Sector context
#54 of 357
Industrials
What the data says
Carrier Global's income tax of $240M is higher than 85% of companies in the Industrials sector (FY2025). Income Tax has fluctuated over the past 8 years, ranging from $240M in FY2025 to $1.1B in FY2018.
Based on SEC 10-K filings.
$240M in FY2025 with a 5-year CAGR of -22.3%. Top quartile in the Industrials sector.
Improved from $521M to $240M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -27.0%
- 5-Year CAGR
- -22.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in IndustrialsTop 85% of 357This company $240.0M Sector average $123.9M
▼
+93.7% above sector average
Key checks
Key Insights
- 5-year CAGR of -22.3%, indicating a declining trend.
- In FY2025, income tax decreased 77.4% year-over-year.
- Ranks #54 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2018.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $240.0M | -77.4% |
| FY2024 | $1.1B | +103.8% |
| FY2023 | $521.0M | -15.4% |
| FY2022 | $616.0M | -11.9% |
| FY2021 | $699.0M | -17.7% |
| FY2020 | $849.0M | +64.2% |
| FY2019 | $517.0M | -51.8% |
| FY2018 | $1.1B | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026