Non-Current Assets

PP&E (Net)

Carrier Global PP&E (Net) decreased by 1.4% to $3.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $3.04B to $3.12B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 11.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.84B$1.76B$1.83B$1.83B$1.81B$2.06B$2.24B$2.28B$2.26B$2.21B$2.29B$3.18B$3.12B$3.02B$3.00B$3.04B$3.18B$3.21B$3.17B$3.12B
QoQ Change-4.0%+3.5%-0.1%-1.1%+13.9%+9.1%+1.6%-0.7%-2.3%+3.8%+38.6%-2.0%-3.3%-0.5%+1.4%+4.7%+1.0%-1.5%-1.4%
YoY Change-1.7%+16.5%+22.7%+24.8%+25.3%+7.5%+2.3%+39.6%+37.8%+36.4%+30.8%-4.4%+2.1%+6.6%+5.5%+2.7%
Range$1.76B$3.21B
CAGR+11.8%
Avg YoY Growth+15.9%
Median YoY Growth+12.0%
Current Streak2 quarters decline

Geographic Breakdown

View all
SegmentQ4 '23Q4 '24Q4 '25
Europe$497.00M$1.25B$1.40B
Other$396.00M$453.00M$490.00M
Asia Pacific$543.00M$486.00M$482.00M
Total$2.29B$3.00B$3.17B

Frequently Asked Questions

What is Carrier Global's pp&e (net)?
Carrier Global (CARR) reported pp&e (net) of $3.12B in Q1 2026.
How has Carrier Global's pp&e (net) changed year-over-year?
Carrier Global's pp&e (net) increased by 2.7% year-over-year, from $3.04B to $3.12B.
What is the long-term trend for Carrier Global's pp&e (net)?
Over 5 years (2020 to 2025), Carrier Global's pp&e (net) has grown at a 11.8% compound annual growth rate (CAGR), from $1.81B to $3.17B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.