Income Tax Expense (Benefit) in USD of CARRIER GLOBAL Corp from 2018 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
CARRIER GLOBAL Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2018 to Q3 2025.
  • CARRIER GLOBAL Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2025 was -$1M, a 101% decline year-over-year.
  • CARRIER GLOBAL Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2025 was $995M, a 167% increase year-over-year.
  • CARRIER GLOBAL Corp annual Income Tax Expense (Benefit) for 2024 was $1.06B, a 104% increase from 2023.
  • CARRIER GLOBAL Corp annual Income Tax Expense (Benefit) for 2023 was $521M, a 15.4% decline from 2022.
  • CARRIER GLOBAL Corp annual Income Tax Expense (Benefit) for 2022 was $616M, a 11.9% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)

CARRIER GLOBAL Corp Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $995M -$1M -$173M -101% Jul 1, 2025 Sep 30, 2025 10-Q 2025-10-28
Q2 2025 $1.17B $162M +$42M +35% Apr 1, 2025 Jun 30, 2025 10-Q 2025-07-29
Q1 2025 $1.13B $111M +$64M +136% Jan 1, 2025 Mar 31, 2025 10-Q 2025-05-01
Q4 2024 $1.06B $723M +$690M +2091% Oct 1, 2024 Dec 31, 2024 8-K 2025-07-29
Q3 2024 $372M $172M -$5M -2.83% Jul 1, 2024 Sep 30, 2024 10-Q 2025-10-28
Q2 2024 $377M $120M -$69M -36.5% Apr 1, 2024 Jun 30, 2024 10-Q 2025-07-29
Q1 2024 $446M $47M -$75M -61.5% Jan 1, 2024 Mar 31, 2024 10-Q 2025-05-01
Q4 2023 $521M $33M +$26M +371% Oct 1, 2023 Dec 31, 2023 8-K 2025-07-29
Q3 2023 $495M $177M +$39M +28.3% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-25
Q2 2023 $456M $189M +$19M +11.2% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-25
Q1 2023 $437M $122M -$179M -59.5% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-25
Q4 2022 $616M $7M -$66M -90.4% Oct 1, 2022 Dec 31, 2022 8-K 2025-07-29
Q3 2022 $682M $138M -$150M -52.1% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $832M $170M -$64M -27.4% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-27
Q1 2022 $896M $301M +$197M +189% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-26
Q4 2021 $699M $73M -$216M -74.7% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-06
Q3 2021 $915M $288M +$27M +10.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-27
Q2 2021 $888M $234M +$128M +121% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-28
Q1 2021 $760M $104M -$89M -46.1% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-28
Q4 2020 $849M $289M +$152M +111% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-07
Q3 2020 $697M $261M +$86M +49.1% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-28
Q2 2020 $611M $106M +$41M +63.1% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-29
Q1 2020 $570M $193M +$53M +37.9% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-29
Q4 2019 $517M $137M Oct 1, 2019 Dec 31, 2019 10-K 2022-02-08
Q3 2019 $175M Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-29
Q2 2019 $65M Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-31
Q1 2019 $140M Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-11

CARRIER GLOBAL Corp Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $1.06B +$541M +104% Jan 1, 2024 Dec 31, 2024 8-K 2025-07-29
2023 $521M -$95M -15.4% Jan 1, 2023 Dec 31, 2023 8-K 2025-07-29
2022 $616M -$83M -11.9% Jan 1, 2022 Dec 31, 2022 8-K 2025-07-29
2021 $699M -$150M -17.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-06
2020 $849M +$332M +64.2% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-07
2019 $517M -$556M -51.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-08
2018 $1.07B Jan 1, 2018 Dec 31, 2018 10-K 2021-02-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.