Carrier Global Corporation (CARR) Tax Rate: 13.35%
Is Carrier Global Corporation’s tax rate high or low?
Carrier Global Corporation's tax rate of 13.35% is 50% below its 5-year average of 26.85%, near the low end of its 5-year range (13.35%–46.70%).
55.54% below its 12-month average of 30.03%.
CARR Tax Rate Chart
Reported annual fiscal-period values; no daily interpolation.
CARR Average Tax Rate Chart
CARR Current vs Average Tax Rate Chart
CARR Tax Rate Metrics
TAX RATE
13.35%
TAX RATE AVG TTM
30.03%
TAX RATE AVG 3Y
25.55%
TAX RATE AVG 5Y
26.85%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-55.54%
CURRENT VS 3Y AVG
-47.76%
CURRENT VS 5Y AVG
-50.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Carrier Global Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Carrier Global Corporation Tax Rate FAQ
- What is the tax rate for Carrier Global Corporation (CARR)?
- The tax rate for CARR stock is 13.35%.
- Is Carrier Global Corporation's tax rate high or low?
- Carrier Global Corporation's tax rate of 13.35% is 50% below its 5-year average of 26.85%, near the low end of its 5-year range (13.35%–46.70%).
- What is the TTM average tax rate for Carrier Global Corporation (CARR)?
- The TTM average tax rate for CARR stock is 30.03%.
- What is the 3Y average tax rate for Carrier Global Corporation (CARR)?
- The 3Y average tax rate for CARR stock is 25.55%.
- What is the 5Y average tax rate for Carrier Global Corporation (CARR)?
- The 5Y average tax rate for CARR stock is 26.85%.
Carrier Global Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 13.35% |
| 2024-12-31 | 46.70% |
| 2023-12-31 | 26.06% |
| 2022-12-31 | 16.11% |
| 2021-12-31 | 29.13% |
| 2020-12-31 | 29.74% |
| 2019-12-31 | 19.35% |
| 2018-12-31 | 27.93% |
| 2017-12-31 | 58.51% |
Related Metrics
About Carrier Global Corporation
Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David L. Gitlin