Operating
Income (Loss) from Equity Method Investments
Carrier Global Income (Loss) from Equity Method Investments decreased by 34.0% to $31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 29.5%, from $44M to $31M. Over 4 years (FY 2021 to FY 2025), Income (Loss) from Equity Method Investments shows relatively stable performance with a -2.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026
Metric ID:
mrk_equity_method_investment_income_lossHistorical 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 | $87M | $76M | $48M | $58M | $101M | $63M | $40M | $44M | $52M | $75M | $40M | $31M | $90M | $66M | $44M | $44M | $78M | $60M | $47M | $31M |
| QoQ Change | — | -12.6% | -36.8% | +20.8% | +74.1% | -37.6% | -36.5% | +10.0% | +18.2% | +44.2% | -46.7% | -22.5% | +190.3% | -26.7% | -33.3% | +0.0% | +77.3% | -23.1% | -21.7% | -34.0% |
| YoY Change | — | — | — | — | +16.1% | -17.1% | -16.7% | -24.1% | -48.5% | +19.0% | +0.0% | -29.5% | +73.1% | -12.0% | +10.0% | +41.9% | -13.3% | -9.1% | +6.8% | -29.5% |
Range$31M – $101M
CAGR-19.5%
Avg YoY Growth-2.1%
Median YoY Growth-10.5%
Current Streak3 quarters decline
Business Segments — CSA
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Climate Solutions Asia Pacific, Middle East & Africa | — | — | — | $18M | $30M | $28M | — | $17M |
| Climate Solutions Americas | — | — | — | $26M | $43M | $33M | — | $13M |
| Climate Solutions Transportation | — | — | — | — | — | — | — | $3M |
| Climate Solutions Europe | — | — | — | -$2M | $1M | $0 | — | -$1M |
| CST | $2M | $3M | $0 | $2M | $4M | $0 | $0 | — |
| Total | $31M | $90M | $66M | $44M | $78M | $60M | $47M | $31M |
CSA, CSAME, CSE are derived from annual filings.
CST was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — HVAC
| Segment | FY'22 | FY'23 |
|---|---|---|
| HVAC | $256M | $206M |
| Refrigeration | $6M | $6M |
| Total | $262M | $211M |
All segment values are derived from annual filings.
HVAC, Refrigeration were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Income (Loss) from Equity Method Investments at Other Companies
Frequently Asked Questions
- What is Carrier Global's income (loss) from equity method investments?
- Carrier Global (CARR) reported income (loss) from equity method investments of $31M in Q1 2026.
- How has Carrier Global's income (loss) from equity method investments changed year-over-year?
- Carrier Global's income (loss) from equity method investments decreased by 29.5% year-over-year, from $44M to $31M.
- What is the long-term trend for Carrier Global's income (loss) from equity method investments?
- Over 4 years (2021 to 2025), Carrier Global's income (loss) from equity method investments has grown at a -2.1% compound annual growth rate (CAGR), from $249M to $229M.