Discontinued — last reported Q3 '23
Current Assets
Contract Assets
Carrier Global Contract Assets increased by 5.6% to $527.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.6%, from $452.00M to $527.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows a downward trend with a -5.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023
How to read this metric
An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.
Detailed definition
This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...
Peer comparison
Standard for companies with long-term service or construction-type contracts.
Metric ID:
contract_assetsHistorical 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 | $695.00M | $502.00M | $503.00M | $655.00M | $712.00M | $666.00M | $537.00M | $568.00M | $578.00M | $605.00M | $306.00M | $320.00M | $333.00M | $367.00M | $366.00M | $452.00M | $474.00M | $520.00M | $499.00M | $527.00M |
| QoQ Change | — | -27.8% | +0.2% | +30.2% | +8.7% | -6.5% | -19.4% | +5.8% | +1.8% | +4.7% | -49.4% | +4.6% | +4.1% | +10.2% | -0.3% | +23.5% | +4.9% | +9.7% | -4.0% | +5.6% |
| YoY Change | — | — | — | — | +2.4% | +32.7% | +6.8% | -13.3% | -18.8% | -9.2% | -43.0% | -43.7% | -42.4% | -39.3% | +19.6% | +41.3% | +42.3% | +41.7% | +36.3% | +16.6% |
Range$306.00M – $712.00M
CAGR-5.7%
Avg YoY Growth+1.9%
Median YoY Growth+4.6%
Contract Assets at Other Companies
Frequently Asked Questions
- What is Carrier Global's contract assets?
- Carrier Global (CARR) reported contract assets of $527.00M in Q1 2026.
- How has Carrier Global's contract assets changed year-over-year?
- Carrier Global's contract assets increased by 16.6% year-over-year, from $452.00M to $527.00M.
- What is the long-term trend for Carrier Global's contract assets?
- Over 5 years (2020 to 2025), Carrier Global's contract assets has grown at a -5.3% compound annual growth rate (CAGR), from $656.00M to $499.00M.
- What does contract assets mean?
- Revenue earned for work performed but not yet billed to the customer.