Carrier Global Corporation

Carrier Global Corporation

CARR
Carrier Global CorporationUS flagNew York Stock Exchange
61.81
USD
+0.42
- -
50.95BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20.57
21.84
21.48
20.15
23.76
20.5
22.63
25.03
25.51
26.39
Basic EPS, GAAP
1.42
3.16
2.44
2.29
1.92
4.19
1.61
6.24
1.74
1.46
Free Cash Flow per Basic Share
2.42
2.37
2.38
1.95
2.58
2.07
3.11
0.63
2.95
2.85
Dividend per Share
- -
- -
- -
0.16
0.48
0.6
0.74
0.75
0.91
0.93
Book Value per Share
- -
16.07
16.28
7.2
7.84
9.29
10.33
16.03
16.51
15.94
Tangible Book Value per Share
- -
3.29
3.62
-5.67
-3.58
-4.27
0.25
-7.91
-9.6
-9.55
Basic Weighted Avg Shares
866
866
866
866
868
843
837
898
852
838
Sales/Revenue/Turnover
17,814
18,914
18,608
17,456
20,613
17,288
18,951
22,486
21,747
22,108
Operating Margin (%)
12.56
13.11
12.13
10.71
11.43
11.01
10.88
9.33
8.77
7.05
Depreciation Expense
372
357
335
336
338
328
491
1,232
1,274
1,283
Net Income, GAAP
1,227
2,734
2,116
1,982
1,664
3,534
1,349
5,604
1,484
1,220
Effective Tax Rate (%)
58.51
27.93
19.35
29.74
29.12
16.11
26.06
46.7
13.35
3.84
Profit Margin (%)
6.89
14.45
11.37
11.35
8.07
20.44
7.12
24.92
6.82
5.52
Working Capital
- -
1,643
1,490
3,414
4,780
3,847
12,595
1,999
1,419
183
LT Debt
- -
- -
764
10,678
10,040
9,231
14,575
11,458
11,783
10,756
Total Equity
- -
14,269
14,435
6,578
7,094
8,076
9,005
14,395
14,128
13,472
Return on Invested Capital (%)
- -
24.49
11.93
7.82
9.57
9.24
7.46
4.42
6.19
5.68
Return on Capital (%)
- -
38.68
14.31
13.12
10.66
21.5
7.23
22.86
6.64
5.94
Return on Common Equity (%)
- -
39.29
15.1
19.48
25.56
48.66
16.42
49.25
10.64
8.76

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
468
1,736
1,638
LT Borrowings
11,365
10,422
10,314
LT Finance Leases
418
415
442
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
836
831
825
Market Capitalization
44,182
46,816
60,516

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,533
9,018
9,414
Cash, Cash Equivalents & STI
1,555
1,371
1,344
Accounts Receivable, Net
2,639
3,130
3,246
Inventories
2,483
2,581
2,759
Total Current Liabilities
7,114
8,585
9,231
Payables & Accruals
6,476
6,679
7,179
ST Debt
468
1,736
1,638
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.24%
-1.85%
Free Cash Flow
- -
65.53%
346.36%
Net Income, GAAP
- -
55.28%
-73.52%
Sales/Revenue/Turnover
- -
5.39%
-3.29%
Total Cash Common Dividend
- -
53.86%
15.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,420
5,934
5,984
5,148
22,486
2025
5,218
6,113
5,579
4,837
21,747
2026
5,341
6,351
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
2.59
0.5
2.87
6.24
2025
0.48
0.69
0.5
0.06
1.74
2026
0.29
0.6
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.2
0.18
0.75
2025
0.23
0.22
0.23
0.23
0.91
2026
0.24
0.24
- -
- -
- -

Company Description

APIChatGPT
CEO
David L. Gitlin
Full Time Employees
47,000
Sector
Industrials
Industry
Industrial - Machinery
Address
13995 Pasteur Boulevard Palm Beach Gardens FL United States of America 33418
IPO Date
Mar 19, 2020
Business
Carrier Global Corporation (NYSE: CARR), founded in 1915 and headquartered in Palm Beach Gardens, Florida, manufactures and distributes heating, ventilation, air conditioning (HVAC), refrigeration, and intelligent climate and energy solutions worldwide for residential, commercial, light commercial, industrial, and transportation markets across the Americas, Europe, Middle East, Asia Pacific, and other regions. The company offers HVAC systems including residential and commercial units, chilled water systems, DX products, digital controls, building automation, and services for energy efficiency, indoor air quality, health, safety, and productivity; refrigeration solutions encompassing transport systems for trucks, trailers, shipping containers, intermodal applications, food retail, and cold chain monitoring for perishable goods like food and medicine; aftermarket maintenance, repairs, parts, and upgrades. Carrier Global operates through HVAC and Refrigeration segments, emphasizing sustainable, digitally enabled lifecycle solutions and investing heavily in research and development, with $694 million spent in 2024. Recent developments include the 2024 acquisition and integration of Viessmann Climate Solutions to create the industry's most comprehensive global HVAC portfolio; the May 2025 acquisition of long-term partner Addvolt S.A., a Portuguese transport electrification technology firm, to enhance non-invasive electric systems for refrigerated vans, trucks, trailers, and containers, reducing emissions and expanding beyond refrigeration; divestiture of its Global Access Solutions business to Honeywell in June 2024 for $4.95 billion and plans to exit Commercial Refrigeration, yielding over $10 billion in total divestiture proceeds; and reporting strong 2024 results with $22.5 billion in sales up 19%, adjusted EPS of $2.56 up 16%, and 2025 guidance for mid-single-digit organic growth, adjusted operating margin expansion to 16.5%-17.0%, and adjusted EPS of $2.95-$3.05.

Company News

APIChatGPT
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