Carrier Global Corporation (CARR)
NYSE: CARR · Real-Time Price · USD
57.61
+0.63 (1.11%)
At close: Mar 18, 2026, 4:00 PM EDT
56.72
-0.89 (-1.54%)
After-hours: Mar 18, 2026, 4:42 PM EDT
Carrier Global Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 4,837 | 5,579 | 6,113 | 5,218 | 5,148 | 5,984 | 5,934 | 5,420 | 4,316 | 4,935 | 5,992 | 5,273 | 5,105 | 5,451 | 5,211 | 4,654 | 5,133 | 5,341 | 5,440 | 4,699 | |
Revenue Growth (YoY) | -6.04% | -6.77% | 3.02% | -3.73% | 19.28% | 21.26% | -0.97% | 2.79% | -15.46% | -9.47% | 14.99% | 13.30% | -0.55% | 2.06% | -4.21% | -0.96% | 11.73% | 6.78% | 36.96% | 20.86% |
Cost of Revenue | 3,876 | 4,130 | 4,344 | 3,773 | 3,804 | 4,307 | 4,359 | 4,035 | 3,199 | 3,449 | 4,237 | 3,895 | 3,858 | 3,974 | 3,764 | 3,361 | 3,767 | 3,740 | 3,821 | 3,305 |
Gross Profit | 961 | 1,449 | 1,769 | 1,445 | 1,344 | 1,677 | 1,575 | 1,385 | 1,117 | 1,486 | 1,755 | 1,378 | 1,247 | 1,477 | 1,447 | 1,293 | 1,366 | 1,601 | 1,619 | 1,394 |
Selling, General & Admin | 747 | 803 | 813 | 729 | 803 | 799 | 789 | 807 | 737 | 664 | 784 | 721 | 673 | 624 | 614 | 601 | 816 | 748 | 813 | 743 |
Research & Development | 160 | 151 | 161 | 153 | 162 | 172 | 160 | 192 | 138 | 126 | 151 | 139 | 149 | 143 | 122 | 125 | 134 | 123 | 125 | 121 |
Other Operating Expenses | - | 16 | -30 | -22 | -351 | 9 | -8 | 32 | -257 | 261 | 383 | 7 | 54 | -753 | -7 | -1,112 | 1 | -22 | -15 | -3 |
Total Operating Expenses | 907 | 970 | 944 | 860 | 614 | 980 | 941 | 1,031 | 618 | 1,051 | 1,318 | 867 | 876 | 14 | 729 | -386 | 951 | 849 | 923 | 861 |
Operating Income | 101 | 539 | 903 | 629 | 774 | 763 | 724 | 385 | 539 | 510 | 489 | 555 | 433 | 1,526 | 819 | 1,737 | 463 | 828 | 783 | 571 |
Interest Income | 47 | 60 | 78 | 44 | 44 | 66 | 90 | 31 | 40 | 75 | 52 | 44 | 40 | 63 | 101 | 58 | 48 | 76 | 87 | 38 |
Interest Expense | -94 | -97 | -91 | -82 | -81 | 8 | -157 | -141 | -34 | -39 | -67 | -46 | -54 | -56 | -61 | -48 | -68 | -74 | -71 | -93 |
Other Non-Operating Income (Expense) | -2 | -9 | - | 1 | - | -1 | - | - | -1 | - | - | - | -2 | - | -1 | -1 | 10 | 14 | 19 | 18 |
Total Non-Operating Income (Expense) | -49 | -46 | -13 | -37 | -37 | 73 | -67 | -110 | 5 | 36 | -15 | -2 | -16 | 7 | 39 | 9 | -10 | 16 | 35 | -37 |
Pretax Income | 5 | 433 | 812 | 548 | 693 | 770 | 567 | 244 | 559 | 471 | 422 | 509 | 377 | 1,470 | 757 | 1,688 | 405 | 768 | 731 | 496 |
Provision for Income Taxes | -32 | -1 | 162 | 111 | 723 | 172 | 120 | 47 | 68 | 177 | 189 | 122 | 106 | 138 | 170 | 301 | 73 | 288 | 234 | 104 |
Net Income | 53 | 428 | 591 | 412 | 2,551 | 447 | 2,337 | 269 | 420 | 357 | 199 | 373 | 270 | 1,312 | 573 | 1,379 | 324 | 469 | 487 | 384 |
Minority Interest in Earnings | 9 | 27 | 42 | 25 | 18 | 34 | 32 | 20 | 19 | 24 | 34 | 14 | 8 | 20 | 14 | 8 | 8 | 11 | 10 | 8 |
Earnings From Discontinued Operations | 25 | 21 | -17 | - | 2,599 | -117 | 1,922 | 92 | 3 | 87 | - | - | - | - | - | - | - | - | - | - |
Net Income to Common | 53 | 428 | 591 | 412 | 2,551 | 447 | 2,337 | 269 | 420 | 357 | 199 | 373 | 270 | 1,312 | 573 | 1,379 | 324 | 469 | 487 | 384 |
Net Income Growth | -97.92% | -4.25% | -74.71% | 53.16% | 507.38% | 25.21% | 1074.37% | -27.88% | 55.56% | -72.79% | -65.27% | -72.95% | -16.67% | 179.74% | 17.66% | 259.12% | -63.35% | -36.71% | 86.59% | 300.00% |
Shares Outstanding (Basic) | 839 | 849 | 855 | 867 | 890 | 901 | 902 | 899 | 840 | 839 | 836 | 835 | 836 | 840 | 846 | 853 | 865 | 868 | 869 | 869 |
Shares Outstanding (Diluted) | 847 | 859 | 866 | 878 | 903 | 915 | 915 | 913 | 854 | 855 | 851 | 852 | 852 | 857 | 863 | 874 | 889 | 892 | 891 | 890 |
Shares Change (YoY) | -6.28% | -6.16% | -5.35% | -3.80% | 5.76% | 7.05% | 7.57% | 7.13% | 0.24% | -0.21% | -1.37% | -2.50% | -4.09% | -3.98% | -3.16% | -1.76% | 0.01% | 1.19% | 2.30% | 2.73% |
EPS (Basic) | 0.06 | 0.50 | 0.69 | 0.47 | 2.87 | 0.50 | 2.59 | 0.20 | 0.50 | 0.43 | 0.24 | 0.45 | 0.32 | 1.56 | 0.68 | 1.62 | 0.38 | 0.54 | 0.56 | 0.44 |
EPS (Diluted) | 0.06 | 0.50 | 0.68 | 0.47 | 2.82 | 0.49 | 2.55 | 0.19 | 0.49 | 0.42 | 0.23 | 0.44 | 0.32 | 1.53 | 0.67 | 1.58 | 0.36 | 0.53 | 0.55 | 0.43 |
EPS Growth | -97.87% | 2.04% | -73.33% | 147.37% | 475.51% | 16.67% | 1008.70% | -56.82% | 53.13% | -72.55% | -65.67% | -72.15% | -11.11% | 188.68% | 21.82% | 267.44% | -64.00% | -36.91% | 83.33% | 290.91% |
Free Cash Flow | 909 | 224 | 568 | 420 | -85 | -361 | 552 | -62 | 840 | 949 | 310 | 50 | 983 | 699 | -34 | -258 | 775 | 505 | 482 | 131 |
Free Cash Flow Growth | - | - | 2.90% | - | - | - | 78.06% | - | -14.55% | 35.77% | - | - | 26.84% | 38.42% | - | - | 1939.47% | -42.61% | 4.10% | - |
Free Cash Flow Per Share | 1.07 | 0.26 | 0.66 | 0.48 | -0.09 | -0.39 | 0.60 | -0.07 | 0.98 | 1.11 | 0.36 | 0.06 | 1.15 | 0.82 | -0.04 | -0.30 | 0.87 | 0.57 | 0.54 | 0.15 |
Dividends Per Share | 0.240 | 0.225 | 0.225 | 0.225 | 0.225 | 0.190 | 0.190 | 0.190 | 0.190 | 0.185 | - | 0.185 | 0.185 | 0.150 | 0.150 | 0.150 | 0.150 | 0.120 | 0.120 | 0.120 |
Dividend Growth | 6.67% | 18.42% | 18.42% | 18.42% | 18.42% | 2.70% | - | 2.70% | 2.70% | 23.33% | - | 23.33% | 23.33% | 25.00% | 25.00% | 25.00% | 25.00% | 50.00% | 50.00% | - |
Gross Margin | 19.87% | 25.97% | 28.94% | 27.69% | 26.11% | 28.02% | 26.54% | 25.55% | 25.88% | 30.11% | 29.29% | 26.13% | 24.43% | 27.10% | 27.77% | 27.78% | 26.61% | 29.98% | 29.76% | 29.67% |
Operating Margin | 2.09% | 9.66% | 14.77% | 12.05% | 15.03% | 12.75% | 12.20% | 7.10% | 12.49% | 10.33% | 8.16% | 10.53% | 8.48% | 27.99% | 15.72% | 37.32% | 9.02% | 15.50% | 14.39% | 12.15% |
Profit Margin | 0.76% | 7.78% | 10.63% | 8.37% | -0.58% | 9.99% | 7.53% | 3.63% | 10.17% | 5.96% | 3.89% | 7.34% | 5.45% | 24.44% | 11.26% | 29.80% | 6.47% | 8.99% | 9.14% | 8.34% |
FCF Margin | 18.79% | 4.02% | 9.29% | 8.05% | -1.65% | -6.03% | 9.30% | -1.14% | 19.46% | 19.23% | 5.17% | 0.95% | 19.26% | 12.82% | -0.65% | -5.54% | 15.10% | 9.46% | 8.86% | 2.79% |
EBITDA | 430 | 864 | 1,220 | 932 | 1,092 | 1,052 | 1,035 | 693 | 662 | 644 | 626 | 691 | 556 | 1,628 | 895 | 1,816 | 550 | 911 | 868 | 654 |
EBITDA Margin | 8.89% | 15.49% | 19.96% | 17.86% | 21.21% | 17.58% | 17.44% | 12.79% | 15.34% | 13.05% | 10.45% | 13.10% | 10.89% | 29.87% | 17.18% | 39.02% | 10.71% | 17.06% | 15.96% | 13.92% |
EBIT | 101 | 539 | 903 | 629 | 774 | 763 | 724 | 385 | 539 | 510 | 489 | 555 | 433 | 1,526 | 819 | 1,737 | 463 | 828 | 783 | 571 |
EBIT Margin | 2.09% | 9.66% | 14.77% | 12.05% | 15.03% | 12.75% | 12.20% | 7.10% | 12.49% | 10.33% | 8.16% | 10.53% | 8.48% | 27.99% | 15.72% | 37.32% | 9.02% | 15.50% | 14.39% | 12.15% |
Effective Tax Rate | -640.00% | -0.23% | 19.95% | 20.26% | 104.33% | 22.34% | 21.16% | 19.26% | 12.16% | 37.58% | 44.79% | 23.97% | 28.12% | 9.39% | 22.46% | 17.83% | 18.02% | 37.50% | 32.01% | 20.97% |
Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.