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CARR

CARRIER GLOBAL Corp
$69.34 +1.53 (+2.26%) At close · Jul 10
Market Cap
$57.59B
Shares
830,580,423

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$21.75B -3.3%
FY2025 Revenue FY2018–FY2025
Net Income
$1.48B -73.5%
FY2025 Net Income FY2018–FY2025
Gross Margin
26.6% -0.6pp
FY2024 Gross Margin FY2022–FY2024
Operating Margin
9.99% -1.8pp
FY2025 Operating Margin FY2018–FY2025
Diluted EPS
$1.72 -72%
FY2025 Diluted EPS FY2018–FY2025
Operating Cash Flow
$2.51B +346.4%
FY2025 Operating Cash Flow FY2018–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
$22B $21.87B $21.75B $22.49B $18.95B $17.29B $20.61B $17.46B $18.61B $18.91B
$16.51B $13.79B $12.99B
$5.98B $5.16B $4.3B
26.6% 27.24% 24.86%
$615M $625M $686M $493M $416M $503M $419M $401M $400M
$3.22B $3.09B $3.2B $2.61B $1.98B $3.12B $2.82B $2.76B $2.69B
$893M $884M $843M $221M $104M $98M $102M $116M $136M
$1.27B $1.23B $491M $328M $338M $336M $335M $357M
$278M $178M $108M $75M $20M $89M $49M $126M $80M
$20.29B $19.84B $20.39B $16.89B $15.38B $18.26B $15.59B $16.35B $16.43B
$1.8B $2.17B $2.65B $2.16B $3.98B $2.65B $3.08B $2.49B $3.64B
9.99% 11.77% 11.4% 23.04% 12.83% 17.66% 13.39% 19.23%
$3.45B $3.88B $2.65B $4.31B $2.98B $3.42B $2.83B $3.99B
$216M $229M $231M $211M $262M $249M $207M $236M $220M
$1.42B $1.8B $2.27B $2B $3.82B $2.4B $2.86B $2.67B $3.84B
$33M $240M $1.06B $521M $616M $699M $849M $517M $1.07B
$1.27B $1.48B $5.6B $1.35B $3.53B $1.7B $2.01B $2.16B $2.77B
6.82% 24.92% 7.12% 20.44% 8.25% 11.49% 11.58% 14.64%
$105M $103M $104M $91M $50M $37M $24M $39M $35M
$3.47B $1.35B $3.53B $1.66B $1.98B $2.12B $2.73B
$2.22B $3.32B $4.98B $1.55B $2.84B $1.42B $2.49B $2.09B $2.14B
USD/shares $1.74 $6.24 $1.61 $4.19 $1.92 $2.29 $2.44 $3.16
USD/shares $1.72 $6.15 $1.58 $4.10 $1.87 $2.25 $2.44 $3.16
shares 852.4M 898.2M 837.3M 843.4M 867.7M 866.5M 866.2M 866.2M
shares 862.4M 911.7M 853M 861.2M 890.3M 880.2M 866.2M 866.2M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2025: $6.81B in buybacks, $3.13B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
3.13×
Building Products & Equipment median 3.12×
EV/EBIT
37.95×
Building Products & Equipment median 26.16×
P/E (TTM)
45.32×
Building Products & Equipment median 26.89×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Climate Solutions Americas $10,470,000,000 $10,527,000,000 $9,615,000,000
Climate Solutions Europe $5,044,000,000 $4,984,000,000 $1,937,000,000
Climate Solutions Asia Pacific, Middle East and Africa $3,339,000,000 $3,500,000,000 $3,581,000,000
Climate Solutions Transportation $2,894,000,000 $3,475,000,000 $3,818,000,000
Fire and Security Segment $5,515,000,000 $4,985,000,000 $5,500,000,000 $5,531,000,000
HVAC Segment $13,408,000,000 $11,390,000,000 $9,478,000,000 $9,712,000,000 $9,713,000,000
Refrigeration Segment $3,883,000,000 $4,127,000,000 $3,333,000,000 $3,792,000,000 $4,095,000,000

By Geography (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
United States $11,136,000,000 $11,294,000,000 $10,457,000,000 $9,997,000,000 $10,492,000,000 $9,105,000,000 $9,594,000,000 $9,415,000,000
Europe $6,092,000,000 $6,687,000,000 $3,910,000,000 $3,591,000,000 $5,776,000,000 $4,935,000,000 $5,327,000,000 $5,711,000,000
Asia Pacific $3,841,000,000 $3,817,000,000 $3,949,000,000 $3,090,000,000 $3,464,000,000 $2,655,000,000 $2,813,000,000 $2,853,000,000
Other Geographical Region $678,000,000 $688,000,000 $635,000,000 $610,000,000 $881,000,000 $761,000,000 $874,000,000 $935,000,000

By Product & Service (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Product $19,173,000,000 $19,990,000,000 $16,665,000,000 $15,315,000,000 $17,214,000,000 $14,347,000,000 $15,360,000,000 $15,674,000,000
Service $2,574,000,000 $2,496,000,000 $2,286,000,000 $1,973,000,000 $3,399,000,000 $3,109,000,000 $3,248,000,000 $3,240,000,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Climate Solutions Americas $2,150,000,000 $2,323,000,000 $1,831,000,000
Climate Solutions Transportation $452,000,000 $485,000,000 $494,000,000
Climate Solutions Asia Pacific, Middle East and Africa $448,000,000 $466,000,000 $361,000,000
Climate Solutions Europe $444,000,000 $469,000,000 $177,000,000
Fire and Security Segment $209,000,000 $1,630,000,000 $662,000,000 $584,000,000 $708,000,000 $726,000,000
HVAC Segment $2,308,000,000 $2,275,000,000 $2,610,000,000 $1,738,000,000 $2,462,000,000 $1,563,000,000 $1,720,000,000
Refrigeration Segment $715,000,000 $428,000,000 $482,000,000 $476,000,000 $357,000,000 $532,000,000 $1,353,000,000

Operating Margin by Segment (%)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Climate Solutions Americas 20.5% 22.1% 19%
Climate Solutions Europe 8.8% 9.4% 9.1%
Climate Solutions Asia Pacific, Middle East and Africa 13.4% 13.3% 10.1%
Climate Solutions Transportation 15.6% 14% 12.9%
Fire and Security Segment 12% 11.7% 12.9% 13.1%
HVAC Segment 19.5% 15.3% 26% 16.1% 17.7%
Refrigeration Segment 12.4% 11.5% 10.7% 14% 33%
Key facts CIK 1783180 CUSIP 14448C104 13F (30d) 122 filings 101 filers Visit website Investor relations