What is Carrier Global's SG&A?

Carrier Global (CARR) reported SG&A of $861M in Q1 2026.

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

Carrier Global's SG&A increased by 18.1% year-over-year, from $729M to $861M.

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

Over 4 years (2021 to 2025), Carrier Global's SG&A has grown at a -0.2% compound annual growth rate (CAGR), from $3.12B to $3.09B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Carrier Global CARR SG&A

SG&A at other companies

SPX TechnologiesSPXC

$119.4M+9.0%

EMCOR GroupEME

$460.11M+13.9%

AaonAAON

$67.91M+32.4%

Johnson Controls InternationalJCI

$1.4B-1.8%

Comfort Systems USAFIX

$269M+38.0%

Lennox InternationalLII

$185.2M+8.1%

Segments

By segment

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CSE$1.04B—

CSA$1.04B—

CSAME$476M—

Climate Solutions Americas$280M+12.0%

Climate Solutions Europe$280M+8.9%

Climate Solutions Asia Pacific, Middle East & Africa$117M+4.5%

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

See full

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

See full

Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

See full

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

See full

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Carrier Global (CARR) reported SG&A of $861M in Q1 2026.
How has Carrier Global's SG&A changed year-over-year?: Carrier Global's SG&A increased by 18.1% year-over-year, from $729M to $861M.
What is the long-term trend for Carrier Global's SG&A?: Over 4 years (2021 to 2025), Carrier Global's SG&A has grown at a -0.2% compound annual growth rate (CAGR), from $3.12B to $3.09B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.