Carrier Global Corporation
NYSE:CARR
65.51 (USD) • At close September 5, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||
| Net Income
| 650 | 437 | -30 | 598 | 447 | 197 | 439 | 422 | 233 | 387 | 278 | 1,332 | 587 | 1,387 | 332 | 480 | 497 | 392 | 887 | 748 | 269 | 102 | 454 | 504 | 794 | 403 |
| Depreciation & Amortization
| 317 | 303 | 318 | 312 | 294 | 308 | 135 | 95 | 137 | 136 | 123 | 102 | 76 | 79 | 87 | 83 | 85 | 83 | 95 | 82 | 78 | 81 | 84 | 84 | 82 | 85 |
| Deferred Income Tax
| -89 | -69 | -56 | -65 | -127 | -104 | -82 | -40 | -86 | -24 | -17 | -90 | -65 | 48 | -143 | 36 | 35 | -2 | -24 | -14 | 0 | 135 | -13 | -52 | -72 | 15 |
| Stock Based Compensation
| 21 | 23 | 21 | 25 | 21 | 19 | 18 | 15 | 18 | 22 | 19 | 17 | 20 | 21 | 32 | 20 | 21 | 19 | 21 | 21 | 22 | 13 | 12 | 18 | 14 | 8 |
| Change In Working Capital
| -554 | -182 | 656 | -94 | 187 | -410 | 509 | 724 | -121 | -332 | 579 | 143 | -437 | -621 | 498 | -25 | 52 | -208 | -65 | 368 | 88 | -305 | 262 | 80 | -141 | -621 |
| Accounts Receivables
| -340 | -362 | 95 | 97 | -51 | -181 | 316 | 167 | -261 | -185 | 438 | 73 | -346 | -361 | 212 | -27 | -202 | -127 | 277 | -124 | -55 | -58 | 149 | -6 | -50 | -199 |
| Change In Inventory
| -111 | -301 | 216 | 69 | 90 | -83 | 230 | -13 | 67 | -126 | 158 | -57 | -45 | -390 | -64 | -134 | 38 | -248 | -3 | 88 | -61 | -264 | 267 | 71 | -110 | -230 |
| Change In Accounts Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Working Capital
| -103 | 481 | 345 | -260 | 148 | -146 | -37 | 570 | 73 | -21 | -17 | 127 | -46 | 130 | 350 | 136 | 216 | 167 | -339 | 404 | 204 | 17 | -154 | 15 | 19 | -192 |
| Other Non Cash Items
| 304 | -29 | -777 | -1,045 | -162 | 30 | 43 | -175 | 203 | -69 | 141 | -714 | -149 | -1,116 | 107 | -15 | -129 | -100 | -715 | -268 | 52 | 21 | 214 | -16 | -123 | -73 |
| Operating Cash Flow
| 649 | 483 | 132 | -269 | 660 | 40 | 1,062 | 1,041 | 384 | 120 | 1,123 | 790 | 32 | -202 | 913 | 579 | 561 | 184 | 199 | 937 | 509 | 47 | 1,013 | 618 | 554 | -183 |
| Investing Activities: | ||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -81 | -63 | -217 | -92 | -108 | -102 | -233 | -73 | -74 | -70 | -140 | -91 | -66 | -56 | -138 | -74 | -79 | -53 | -161 | -57 | -46 | -48 | -104 | -50 | -48 | -41 |
| Acquisitions Net
| -49 | -4 | 617 | -94 | -7 | -10,772 | -15 | 139 | -137 | -17 | -180 | -434 | -20 | 2,926 | -155 | -45 | -160 | -6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Purchases Of Investments
| 0 | 0 | -77 | -2 | 24 | -209 | 16 | -52 | 4 | -18 | 8 | -79 | -91 | -32 | 0 | -12 | 0 | 0 | 0 | 0 | 72 | -95 | 0 | 0 | 0 | 0 |
| Sales Maturities Of Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 0 | 0 | 8 | 1,050 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activites
| 75 | 44 | 2,766 | 1,347 | 4,899 | 2 | 3 | -149 | 11 | 5 | 12 | 4 | 2 | -18 | 16 | 6 | -13 | 2 | -13 | 390 | -1 | 15 | 41 | -20 | 11 | -3 |
| Investing Cash Flow
| -55 | -23 | 3,089 | 1,159 | 4,808 | -11,081 | -229 | -135 | -196 | -100 | -300 | -600 | -175 | 2,820 | -266 | -125 | -252 | -49 | 876 | 333 | 25 | -128 | -63 | -70 | -37 | -43 |
| Financing Activities: | ||||||||||||||||||||||||||
| Debt Repayment
| -5 | -1,245 | 24 | -927 | -3,543 | 2,563 | 5,519 | -3 | -38 | 13 | -94 | 239 | 14 | -1,142 | 36 | -43 | -53 | -491 | -1,766 | -65 | 798 | 10,883 | -57 | -34 | 28 | 57 |
| Common Stock Issued
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| -340 | -1,288 | -1,513 | -431 | 0 | 0 | 0 | 0 | 0 | -62 | -119 | -247 | -280 | -734 | -252 | -145 | -94 | -36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| -192 | -198 | -156 | -184 | -171 | -159 | -155 | -156 | -155 | -154 | -125 | -127 | -128 | -129 | -104 | -104 | -105 | -104 | -68 | -70 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities
| -10 | -16 | -41 | -2 | -71 | -25 | -64 | -23 | -100 | -10 | -9 | -15 | -20 | -15 | -17 | -35 | -3 | -12 | -20 | -7 | 593 | -10,959 | -815 | -569 | -463 | -114 |
| Financing Cash Flow
| -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 | -1,854 | -142 | 1,391 | -76 | -872 | -603 | -435 | -57 |
| Other Information: | ||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 51 | 17 | 198 | -29 | -78 | 126 | -188 | -32 | -33 | 20 | 60 | -74 | -40 | -2 | 12 | -87 | 11 | -8 | 46 | 16 | 11 | -27 | 874 | 55 | -82 | 283 |
| Net Change In Cash
| 98 | -2,270 | 1,733 | -683 | 1,605 | -8,536 | 5,945 | 692 | -138 | -173 | 536 | -34 | -597 | 596 | 322 | 40 | 65 | -516 | -733 | 1,144 | 1,936 | -184 | 952 | 0 | 0 | 0 |
| Cash At End Of Period
| 1,800 | 1,702 | 3,972 | 2,239 | 2,922 | 1,317 | 9,853 | 3,908 | 3,216 | 3,354 | 3,527 | 2,991 | 3,025 | 3,622 | 3,026 | 2,704 | 2,664 | 2,599 | 3,115 | 3,848 | 2,704 | 768 | 952 | 0 | 0 | 0 |