Carel Industries S.p.A. (BIT:CRL)

Carel Industries Financials Overview

Financials in millions EUR. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	659.37	635.32	584.81	656.25	550.63	426.2
Revenue Growth	12.56%	8.64%	-10.89%	19.18%	29.20%	27.10%
Gross Profit Gross Profit Growth	405.71	389.26	346.72	372.62	301.79	236.06
Operating Income Operating Income Growth	92.65	81.96	66.53	104.4	87.31	64.46
Net Income Net Income Growth	81.9	73.64	62.64	70.94	62.12	49.06
Earnings Per Share EPS Growth	0.47	0.40	0.21	0.44	0.62	0.27
EPS Growth	219.67%	92.52%	-53.27%	-28.93%	126.69%	30.67%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
HVAC HVAC Growth	470.46	450.91	409.97	472.14	371.85	270.01
REF REF Growth	180.98	177.19	167.88	175.14	168.93	145.83
Unallocated Non-Core Unallocated Non-Core Growth	1.09	0.93	0.68	2.96	4.07	4.58
Total Total Growth	652.53	629.03	578.54	650.25	544.85	420.42

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	130.9	143.76	102.41	157.71	109.51	101.11
Total Debt Total Debt Growth	106.6	125.33	152.6	193.37	205.35	158.95
Net Cash (Debt) Net Cash Growth	24.3	18.43	-50.19	-35.66	-95.84	-57.84
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	0.14	0.16	-0.45	-0.35	-0.96	-0.58

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	120.45	120.18	8.11	102.03	69.41	54.12
Capital Expenditures CapEx Growth	-12.7	-13.06	-9.15	-20.94	-22.3	-14.89
Free Cash Flow Free Cash Flow Growth	107.75	107.12	-1.04	81.09	47.11	39.23
Free Cash Flow Growth	330.17%	-	-	72.11%	20.10%	-19.69%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	61.53%	61.27%	59.29%	56.78%	54.81%	55.39%
Operating Margin	14.05%	12.90%	11.38%	15.91%	15.86%	15.12%
Pretax Margin	16.15%	14.98%	13.63%	14.20%	15.15%	14.33%
Profit Margin	12.46%	11.60%	10.82%	11.35%	11.77%	11.52%
FCF Margin	16.34%	16.86%	-0.18%	12.36%	8.56%	9.20%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 28, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.195	0.195	0.165	0.190	0.180	0.150
Dividend Per Share Growth	18.18%	18.18%	-13.16%	5.56%	20.00%	25.00%
Dividend Yield	0.73%	0.67%	1.02%	0.72%	0.66%	0.46%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 28, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	36.94	61.93	90.04	56.29	36.81	94.44
Forward PE	35.57	38.97	33.16	31.80	30.54	50.67
P/FCF Ratio	28.07	25.78	-	34.40	48.42	65.78
PS Ratio	4.61	4.35	3.57	4.25	4.14	6.05

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: May 14, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Jul 25, 2026

Data Sources Report a data error