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Carrier Global (CARR)

NYSE Industrials Building Products S&P 500
$52.38
-0.83 (-1.56%)
Close of Nov 06, 2026 · end-of-day data
Source: Carrier Global's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$18.91B$18.61B$17.46B$20.61B$17.29B$18.95B$22.49B$21.75B
Cost of revenue————$12.99B$13.79B$16.50B—
Gross profit————$4.30B$5.16B$5.98B—
Research & development$400.00M$401.00M$419.00M$503.00M$416.00M$493.00M$686.00M$625.00M
Selling, general & admin$2.69B$2.76B$2.82B$3.12B$1.98B$2.61B$3.20B$3.09B
Operating income$3.64B$2.49B$3.08B$2.65B$3.98B$2.16B$2.65B$2.17B
Interest expense——$298.00M$319.00M$238.00M$306.00M$580.00M$458.00M
Pre-tax income$3.84B$2.67B$2.85B$2.40B$3.82B$2.00B$2.27B$1.80B
Income tax$1.07B$517.00M$849.00M$699.00M$616.00M$521.00M$1.06B$240.00M
Net income$2.73B$2.12B$1.98B$1.66B$3.53B$1.35B$5.60B$1.48B
EBITDA$3.99B$2.83B$3.42B$2.98B$4.31B$2.65B$3.88B$3.45B
EPS (basic)$3.16$2.44$2.29$1.92$4.19$1.61$6.24$1.74
EPS (diluted)$3.16$2.44$2.25$1.87$4.10$1.58$6.15$1.72
Diluted shares866.20M866.20M880.20M890.30M861.20M853.00M911.70M862.40M
Gross margin————24.9%27.2%26.6%—
Operating margin19.2%13.4%17.7%12.8%23.0%11.4%11.8%10.0%
Net margin14.5%11.4%11.4%8.1%20.4%7.1%24.9%6.8%

Balance sheet

fiscal years · USD
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.13B$952.00M$3.12B$2.99B$3.30B$9.85B$3.97B$1.55B
Receivables—$2.73B$2.78B$2.40B$2.83B$2.08B$2.65B$2.64B
Inventory—$1.33B$1.63B$1.97B$2.64B$1.82B$2.30B$2.48B
Total current assets—$5.96B$8.52B$11.41B$9.88B$19.58B$9.89B$8.53B
Goodwill$9.85B$9.88B$10.14B$9.35B$7.63B$7.52B$14.60B$15.50B
Total assets—$22.41B$25.09B$26.17B$26.09B$32.82B$37.40B$37.19B
Total current liabilities—$4.47B$5.11B$6.63B$6.03B$6.98B$7.89B$7.11B
Short-term debt—$237.00M$191.00M$183.00M$140.00M$51.00M$1.34B$468.00M
Long-term debt—$82.00M$10.04B$9.51B$8.70B$14.24B$11.03B$11.37B
Total debt—$319.00M$10.23B$9.70B$8.84B$14.29B$12.36B$11.83B
Total liabilities—$7.97B$18.52B$19.08B$18.01B$23.82B$23.01B$23.06B
Shareholders' equity$14.27B$14.10B$6.58B$7.09B$8.08B$9.01B$14.39B$14.13B

Cash flow

fiscal years · USD
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$2.06B$2.06B$1.69B$2.24B$1.74B$2.61B$563.00M$2.51B
Capital expenditures$263.00M$243.00M$312.00M$344.00M$317.00M$439.00M$519.00M$392.00M
Free cash flow$1.79B$1.82B$1.38B$1.89B$1.43B$2.17B$44.00M$2.12B
Investing cash flow$415.00M-$259.00M$1.11B-$692.00M$1.75B-$660.00M-$2.02B-$307.00M
Financing cash flow-$2.63B-$1.98B-$681.00M-$1.56B-$2.93B$4.61B-$4.64B-$4.67B
Dividends paid$0$0$138.00M$417.00M$509.00M$620.00M$670.00M$772.00M
Share buybacks—$0$0$527.00M$1.38B$62.00M$1.94B$2.89B
Stock-based compensation$44.00M$52.00M$77.00M$92.00M$77.00M$81.00M$98.00M$74.00M
Depreciation & amortization$357.00M$335.00M$336.00M$338.00M$328.00M$491.00M$1.23B$1.27B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.