What is Carrier Global's D&A?

Carrier Global (CARR) reported D&A of $315M in Q1 2026.

How has Carrier Global's D&A changed year-over-year?

Carrier Global's D&A increased by 4.0% year-over-year, from $303M to $315M.

What is the long-term trend for Carrier Global's D&A?

Over 4 years (2021 to 2025), Carrier Global's D&A has grown at a 39.3% compound annual growth rate (CAGR), from $338M to $1.27B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Carrier Global CARR D&A

D&A at other companies

SPX TechnologiesSPXC

$32.1M+18.9%

AaonAAON

$20.9M+10.3%

Johnson Controls InternationalJCI

$169M-16.3%

Lennox InternationalLII

$29.2M+14.1%

Trane TechnologiesTT

$101.1M+2.0%

AmerescoAMRC

$499K-12.9%

Segments

By segment

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CSE$878M—

CSAME$198M—

CSA$133M—

CST$26M—

Other financials

Income statement

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Revenue$5.3B+2.4%

Gross profit$1.5B+15.9%

Operating income$259.0M-58.8%

Net income$238.0M-42.2%

EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%

Total debt$12.8B+9.6%

Total equity$13.8B-2.8%

Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

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Market cap$63.12B+4.5%

Enterprise value$74.6B+5.9%

P/E48.2×+37.7×

P/S2.9×+0.2×

Profitability

See full

Gross margin26.6%-0.6pp

Operating margin8.2%-4.7pp

Net margin6%-19.8pp

FCF margin7.7%—

Returns & leverage

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Return on equity9.4%-34.7pp

Debt / equity0.9×+0.1×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAmortizationAndAccretionNet.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's D&A?: Carrier Global (CARR) reported D&A of $315M in Q1 2026.
How has Carrier Global's D&A changed year-over-year?: Carrier Global's D&A increased by 4.0% year-over-year, from $303M to $315M.
What is the long-term trend for Carrier Global's D&A?: Over 4 years (2021 to 2025), Carrier Global's D&A has grown at a 39.3% compound annual growth rate (CAGR), from $338M to $1.27B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.