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
57.67
+0.06 (0.10%)
After-hours: Mar 18, 2026, 6:20 PM EDT
Carrier Global Cash Flow 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 |
Net Income | 37 | 434 | 650 | 437 | -30 | 598 | 447 | 197 | 436 | 381 | 233 | 387 | 278 | 1,332 | 587 | 1,387 | 332 | 480 | 497 | 392 |
Depreciation & Amortization | 329 | 325 | 317 | 303 | 318 | 289 | 311 | 308 | 123 | 134 | 137 | 136 | 123 | 102 | 76 | 79 | 87 | 83 | 85 | 83 |
Stock-Based Compensation | 19 | 11 | 21 | 23 | 21 | 17 | 21 | 19 | 16 | 23 | 18 | 22 | 19 | 17 | 20 | 21 | 32 | 20 | 21 | 19 |
Other Adjustments | 178 | -334 | -170 | -93 | -602 | -135 | -355 | -69 | 114 | -118 | 122 | -93 | 130 | -804 | -232 | -1,068 | -36 | 20 | -94 | -102 |
Change in Receivables | 392 | 212 | -340 | -362 | 95 | 151 | -51 | -181 | 118 | 109 | -261 | -185 | 288 | 73 | -346 | -361 | 212 | -27 | -202 | -127 |
Changes in Inventories | 447 | -116 | -111 | -301 | 216 | 78 | 90 | -83 | 195 | 66 | 67 | -126 | 158 | -57 | -45 | -390 | -64 | -134 | 38 | -248 |
Changes in Accounts Payable | -389 | -208 | -103 | 481 | 345 | -1,376 | 148 | -146 | -81 | 371 | 145 | -25 | -119 | 101 | -53 | 132 | 333 | 128 | 217 | 151 |
Changes in Unearned Revenue | - | - | - | - | - | - | - | - | - | - | -27 | 64 | - | -8 | 29 | 13 | 8 | 1 | 3 | 39 |
Changes in Other Operating Activities | - | - | - | - | - | - | - | - | - | - | -45 | -60 | - | 34 | -22 | -15 | 9 | 7 | -4 | -23 |
Operating Cash Flow | 1,040 | 341 | 649 | 483 | 132 | -269 | 660 | 40 | 1,062 | 1,041 | 384 | 120 | 1,123 | 790 | 32 | -202 | 913 | 579 | 561 | 184 |
Operating Cash Flow Growth | 687.88% | - | -1.67% | 1107.50% | -87.57% | - | 71.88% | -66.67% | -5.43% | 31.77% | 1100.00% | - | 23.00% | 36.44% | -94.30% | - | 358.79% | -38.21% | 10.22% | 291.49% |
Capital Expenditures | -131 | -117 | -81 | -63 | -217 | -92 | -108 | -102 | -222 | -92 | -74 | -70 | -140 | -91 | -66 | -56 | -138 | -74 | -79 | -53 |
Payments for Business Acquisitions | -15 | -31 | -49 | -12 | -17 | -94 | -7 | -10,772 | -15 | -13 | -4 | -52 | -34 | -434 | -29 | -9 | -152 | -47 | -161 | -6 |
Proceeds from Business Divestments | 19 | - | 4 | 8 | 634 | - | - | - | 9 | 18 | 1 | 35 | -42 | -21 | 9 | 2,935 | -3 | 2 | 1 | - |
Other Investing Activities | 16 | 29 | 47 | 37 | -94 | 0 | 48 | -206 | 17 | -48 | -52 | -13 | 40 | -75 | -81 | -50 | 20 | -6 | -13 | 10 |
Investing Cash Flow | -110 | -119 | -55 | -23 | 3,089 | 1,159 | 4,808 | -11,081 | -229 | -135 | -196 | -100 | -300 | -600 | -175 | 2,820 | -266 | -125 | -252 | -49 |
Short-Term Debt Issued | -112 | 444 | -8 | -49 | 13 | 30 | -19 | 20 | 22 | -16 | -29 | 10 | -15 | -103 | 11 | -33 | 30 | -4 | -41 | 28 |
Net Short-Term Debt Issued (Repaid) | -112 | 444 | -8 | -49 | 13 | 30 | -19 | 20 | 22 | -16 | -29 | 10 | -15 | -103 | 11 | -33 | 30 | -4 | -41 | 28 |
Long-Term Debt Issued | 16 | 17 | 6 | 9 | 826 | 31 | 7 | 2,548 | 5,595 | 8 | 1 | 5 | 11 | 400 | 7 | 14 | 18 | 48 | 23 | 51 |
Long-Term Debt Repaid | -3 | -1 | -3 | -1,205 | -815 | -988 | -3,537 | -5 | -96 | -3 | -10 | -2 | -90 | -58 | -4 | -1,123 | -12 | -87 | -35 | -570 |
Net Long-Term Debt Issued (Repaid) | 13 | 16 | 3 | -1,196 | 11 | -957 | -3,530 | 2,543 | 5,499 | 5 | -9 | 3 | -79 | 342 | 3 | -1,109 | 6 | -39 | -12 | -519 |
Repurchase of Common Stock | -479 | -785 | -340 | -1,288 | -1,513 | -431 | - | - | - | - | -31 | -62 | -119 | -247 | -280 | -734 | -252 | -145 | -94 | -36 |
Net Common Stock Issued (Repurchased) | -479 | -785 | -340 | -1,288 | -1,513 | -431 | - | - | - | - | -31 | -62 | -119 | -247 | -280 | -734 | -252 | -145 | -94 | -36 |
Common Dividends Paid | -189 | -193 | -192 | -198 | -156 | -184 | -171 | -159 | -155 | -156 | -155 | -154 | -125 | -127 | -128 | -129 | -104 | -104 | -105 | -104 |
Other Financing Activities | -20 | -73 | -10 | -16 | -27 | 2 | -60 | -21 | -61 | -15 | -100 | -10 | -9 | -27 | -9 | -15 | -17 | -35 | -3 | -12 |
Financing Cash Flow | -787 | -591 | -547 | -2,747 | -1,686 | -1,544 | -3,785 | 2,379 | 5,300 | -182 | -293 | -213 | -347 | -150 | -414 | -2,020 | -337 | -327 | -255 | -643 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 13 | -5 | 51 | 17 | -85 | 64 | -14 | -68 | 133 | -32 | -33 | 20 | 59 | -74 | -40 | -1 | -1 | -13 | 7 | -9 |
Net Cash Flow | 131 | -374 | 98 | -2,270 | 1,734 | -520 | 1,576 | -8,671 | 6,164 | 697 | -138 | -173 | 535 | -34 | -597 | 597 | 249 | 114 | 61 | -517 |
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% | - |
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% |
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 |
Levered Free Cash Flow | 210 | 772 | 608 | -413 | 3,237 | -1,581 | -771 | 2,809 | 5,956 | 825 | 364 | 305 | 198 | 1,632 | 506 | 0 | 595 | 437 | 694 | -158 |
Unlevered Free Cash Flow | 1,003 | 424.24 | 744.84 | 921.59 | 628.49 | -508.44 | 1,012 | 287.84 | 488.43 | 797.34 | 472.99 | 340.97 | 333.25 | 1,464 | 554.08 | 1,190 | 614.55 | 528.5 | 792.35 | 400.27 |
Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.