Carrier Q4 adjusted EPS up 50% to $0.54; GAAP loss reflects $650 million tax charge
Carrier reported fourth quarter 2024 sales of $5.1 billion, up 19% including 6% organic growth, and adjusted EPS from continuing operations of $0.54, up 50%. GAAP EPS from continuing operations was a loss of $0.05, driven mainly by a tax charge of approximately $650 million tied to an internal business reorganization. For 2025, Carrier expects adjusted EPS of $2.95 to $3.05 and plans to repurchase about $3 billion in shares.
Key points
- Q4 2024 sales $5.1 billion, up 19%; organic growth 6%
- Q4 GAAP EPS from continuing operations ($0.05); adjusted EPS $0.54
- Full-year 2024 adjusted EPS $2.56, up 16%; GAAP EPS $1.22
- 2025 guidance: sales $22.5 to $23.0 billion; adjusted EPS $2.95 to $3.05
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.