Latest period
$423.00M
YoY change
-24.5%
5Y CAGR
+4.7%
Peak year (2024)
$519.00M
Cumulative CapEx
$3.25B
CapEx history chart for Carrier Global (CARR) from 2017 to 2025
Latest: $392.00M
CapEx growth chart for Carrier Global (CARR) from 2017 to 2025
Latest: -24.5%
CapEx history table for Carrier Global (CARR) from 2017 to 2025
| 2025 | $392.00M | -24.5% | −$127.00M | ||
| 2024 | $519.00M | +18.2% | +$80.00M | ||
| 2023 | $439.00M | +38.5% | +$122.00M | ||
| 2022 | $317.00M | -7.8% | −$27.00M | ||
| 2021 | $344.00M | +10.3% | +$32.00M | ||
| 2020 | $312.00M | +28.4% | +$69.00M | ||
| 2019 | $243.00M | -7.6% | −$20.00M | ||
| 2018 | $263.00M | -19.3% | −$63.00M | ||
| 2017 | $326.00M | — | — |
- 2025$392.00M-24.5%
- 2024$519.00M+18.2%
- 2023$439.00M+38.5%
- 2022$317.00M-7.8%
- 2021$344.00M+10.3%
- 2020$312.00M+28.4%
- 2019$243.00M-7.6%
- 2018$263.00M-19.3%
- 2017$326.00M—
CapEx values are taken from Carrier Global's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current CapEx (TTM) is $423.00M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual CapEx for Carrier Global (CARR) came in at $392.00M – declined 24.5% year-over-year.
Across 2020–2025 (5 years), Carrier Global CapEx produced a CAGR of +4.7% – with mixed annual results across the window.
Carrier Global CapEx declined from $519.00M in 2024 to $392.00M in 2025, a 24.5% drawdown.
2024 marks the peak CapEx at $519.00M, with the historical low of $243.00M recorded in 2019.
Carrier Global Capital Expenditures by Year
Carrier Global Capital Expenditures 2025: $392.00M
2025's CapEx for Carrier Global came in at $392.00M, declined 24.5% below 2024.
Carrier Global Capital Expenditures 2024: $519.00M
Carrier Global posted CapEx of $519.00M in 2024, grew 18.2% from 2023. This figure represents the highest annual value in the available history.
Carrier Global Capital Expenditures 2023: $439.00M
In 2023, Carrier Global reported CapEx of $439.00M, surged 38.5% from 2022.
Carrier Global Capital Expenditures 2022: $317.00M
Carrier Global CapEx in 2022 was $317.00M, declined 7.8% below 2021.
Carrier Global Capital Expenditures 2021: $344.00M
Carrier Global CapEx in 2021 was $344.00M.
See more financial history for Carrier Global (CARR).
Sector peers by CapEx
Industrials peers of Carrier Global (CARR), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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