Carrier Global financials
$55.38−0.88%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $21.75B | $22.49B | $18.95B | $17.29B | $20.61B | $17.46B |
| Gross profit | $5.62B | $5.98B | $5.16B | $4.30B | $5.98B | $5.11B |
| Gross margin | 25.9% | 26.6% | 27.2% | 24.9% | 29.0% | 29.3% |
| Operating income | $1.90B | $2.10B | $2.06B | $3.72B | $2.40B | $2.94B |
| Net income | $1.48B | $5.60B | $1.35B | $3.53B | $1.66B | $1.98B |
| Net margin | 6.8% | 24.9% | 7.1% | 20.4% | 8.1% | 11.4% |
| Diluted EPS | $1.72 | $6.15 | $1.58 | $4.10 | $1.87 | $2.25 |
| EBITDA | $3.17B | $3.33B | $2.55B | $4.05B | $2.73B | $3.27B |
| Operating cash flow | $2.51B | $563.0M | $2.61B | $1.74B | $2.24B | $1.69B |
| Free cash flow | $2.12B | $44.0M | $2.17B | $1.43B | $1.89B | $1.38B |
| Diluted shares | 862.4M | 911.7M | 853.0M | 861.2M | 890.3M | 880.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Jan 4 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.55B | $3.97B | $9.85B | $3.52B | $2.99B | $3.12B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $11.83B | $12.36B | $14.29B | $8.84B | $9.70B | $10.23B |
| Total assets | $37.19B | $37.40B | $32.82B | $26.09B | $26.17B | $25.09B |
| Total liabilities | $23.06B | $23.01B | $23.82B | $18.01B | $19.08B | $18.52B |
| Shareholders' equity | $14.13B | $14.39B | $9.01B | $8.08B | $7.09B | $6.58B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology