Company research / CARR

Carrier Global Corp (CARR)

SEC name CARRIER GLOBAL Corp · CIK 0001783180 · NYSE · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Carrier Global Corp reported revenue of $21.75B. Revenue fell 3.3% from the prior annual period. Over the twelve months to 2026-03-31, revenue was $21.87B.

Key ratios (year ended 2025-12-31)

10.0%
Operating margin
7.3%
Net margin
11.2%
Return on year-end equity
-3.3%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-02

Headquarters locality: Farmington · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-03-31 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-03-31
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$21.87B$21.75B$22.49B$18.95B$17.29B$20.61B$17.46B$18.61B$18.91B
Cost of Revenuen/an/a$16.50B$13.79B$12.99Bn/an/an/an/a
Gross Profit (computed)n/an/a$5.98B$5.16B$4.30Bn/an/an/an/a
R&D Expense$615.00M$625.00M$686.00M$493.00M$416.00M$503.00M$419.00M$401.00M$400.00M
Operating Income$1.80B$2.17B$2.65B$2.16B$3.98B$2.65B$3.08B$2.49B$3.64B
Depreciation & Amortization$1.29B$1.27B$1.23B$491.00M$328.00M$338.00M$336.00M$335.00M$357.00M
EBITDA$3.09B$3.45B$3.88B$2.65B$4.31B$2.98B$3.42B$2.83B$3.99B
Net Income$1.42B$1.59B$5.71B$1.44B$3.58B$1.70B$2.01B$2.15B$2.77B
EPS (Diluted)n/a$1.72$6.15$1.58$4.10$1.87$2.25$2.44$3.16
Total Assets$37.19B$37.19B$37.40B$32.82B$26.09B$26.17B$25.09B$22.41Bn/a
Total Liabilities$23.39B$23.06B$23.01B$23.82B$18.01B$19.08B$18.52B$7.97Bn/a
Long-Term Debtn/an/an/an/an/an/a$10.23B$319.00Mn/a
Shareholders' Equity$13.80B$14.13B$14.39B$9.01B$8.08B$7.09B$6.58B$14.44B$14.27B
Cash & Equivalents$1.37B$1.55B$3.97B$9.85B$3.30B$2.99B$3.12B$952.00M$1.13B
Operating Cash Flow$2.11B$2.51B$563.00M$2.61B$1.74B$2.24B$1.69B$2.06B$2.06B
Capital Expenditures$423.00M$392.00M$519.00M$439.00M$317.00M$344.00M$312.00M$243.00M$263.00M
Free Cash Flow$1.69B$2.12B$44.00M$2.17B$1.43B$1.89B$1.38B$1.82B$1.79B
Share Repurchases$1.91B$2.89B$1.94B$62.00M$1.38B$527.00M$0$0n/a
Dividends Paid$775.00M$772.00M$670.00M$620.00M$509.00M$417.00M$138.00M$0$0
Shares Outstandingn/a836.14M878.34M839.91M834.66M863.04M867.83Mn/an/a
Dividends Per Sharen/a$0.68$0.80$0.74$0.64$0.51$0.28n/an/a
Weighted Average Diluted Sharesn/a862.40M911.70M853.00M861.20M890.30M880.20M866.20M866.20M
EPS (Basic)n/a$1.74$6.24$1.61$4.19$1.92$2.29$2.44$3.16

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