Carrier Global Corporation
NYSE:CARR
63.54 (USD) • At close September 4, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| Revenue
| 22,486 | 18,951 | 17,288 | 20,613 | 17,456 | 18,608 | 18,914 | 17,814 |
| Cost of Revenue
| 16,463 | 13,776 | 12,985 | 14,605 | 12,327 | 13,153 | 13,309 | 12,581 |
| Gross Profit
| 6,023 | 5,175 | 4,303 | 6,008 | 5,129 | 5,455 | 5,605 | 5,233 |
| Gross Profit Ratio
| 0.268 | 0.273 | 0.249 | 0.291 | 0.294 | 0.293 | 0.296 | 0.294 |
| Reseach & Development Expenses
| 686 | 493 | 416 | 503 | 419 | 401 | 400 | 364 |
| General & Administrative Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 3,092 | 2,466 | 1,938 | 2,979 | 2,590 | 2,517 | 2,477 | 2,382 |
| Other Expenses
| -401 | 56 | -2,035 | -119 | -963 | 46 | -909 | -543 |
| Operating Expenses
| 3,377 | 3,015 | 319 | 3,363 | 2,046 | 2,964 | 1,968 | 2,203 |
| Operating Income
| 2,646 | 2,160 | 3,984 | 2,645 | 3,083 | 2,491 | 3,637 | 3,030 |
| Operating Income Ratio
| 0.118 | 0.114 | 0.23 | 0.128 | 0.177 | 0.134 | 0.192 | 0.17 |
| Total Other Income Expenses Net
| -372 | -161 | -161 | -245 | -228 | 181 | 205 | 24 |
| Income Before Tax
| 2,274 | 1,999 | 3,823 | 2,400 | 2,855 | 2,672 | 3,842 | 3,054 |
| Income Before Tax Ratio
| 0.101 | 0.105 | 0.221 | 0.116 | 0.164 | 0.144 | 0.203 | 0.171 |
| Income Tax Expense
| 1,062 | 521 | 616 | 699 | 849 | 517 | 1,073 | 1,787 |
| Net Income
| 5,604 | 1,349 | 3,534 | 1,664 | 1,982 | 2,116 | 2,734 | 1,227 |
| Net Income Ratio
| 0.249 | 0.071 | 0.204 | 0.081 | 0.114 | 0.114 | 0.145 | 0.069 |
| EPS
| 1.23 | 1.66 | 4.19 | 1.92 | 2.29 | 2.44 | 3.16 | 0 |
| EPS Diluted
| 1.22 | 1.63 | 4.1 | 1.87 | 2.25 | 2.44 | 3.16 | 0 |
| EBITDA
| 3,562 | 2,698 | 2,285 | 2,906 | 2,411 | 2,978 | 3,223 | 3,016 |
| EBITDA Ratio
| 0.158 | 0.142 | 0.132 | 0.141 | 0.138 | 0.16 | 0.17 | 0.169 |