Investing
CapEx
Carrier Global CapEx decreased by 28.2% to $94.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 49.2%, from $63.00M to $94.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 3.3% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $79.00M | $74.00M | $138.00M | $56.00M | $66.00M | $91.00M | $140.00M | $70.00M | $74.00M | $92.00M | $233.00M | $104.00M | $111.00M | $87.00M | $217.00M | $63.00M | $81.00M | $117.00M | $131.00M | $94.00M |
| QoQ Change | — | -6.3% | +86.5% | -59.4% | +17.9% | +37.9% | +53.8% | -50.0% | +5.7% | +24.3% | +153.3% | -55.4% | +6.7% | -21.6% | +149.4% | -71.0% | +28.6% | +44.4% | +12.0% | -28.2% |
| YoY Change | — | — | — | — | -16.5% | +23.0% | +1.4% | +25.0% | +12.1% | +1.1% | +66.4% | +48.6% | +50.0% | -5.4% | -6.9% | -39.4% | -27.0% | +34.5% | -39.6% | +49.2% |
Range$56.00M – $233.00M
CAGR+3.7%
Avg YoY Growth+11.0%
Median YoY Growth+6.8%
CapEx at Other Companies
Frequently Asked Questions
- What is Carrier Global's capex?
- Carrier Global (CARR) reported capex of $94.00M in Q1 2026.
- How has Carrier Global's capex changed year-over-year?
- Carrier Global's capex increased by 49.2% year-over-year, from $63.00M to $94.00M.
- What is the long-term trend for Carrier Global's capex?
- Over 4 years (2021 to 2025), Carrier Global's capex has grown at a 3.3% compound annual growth rate (CAGR), from $344.00M to $392.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.