Carrier Global (CARR) financial statements
- FY2025 revenue
- $21.7B▼ −3.3%
- FY2025 net income
- $1.5B▼ −73.5%
- FY2025 diluted EPS
- $1.72▼ −72.0%
- FY2025 free cash flow
- $2.1B▲ +4,720.5%
Carrier Global income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 21,747 | 22,486 | 18,951 |
| Operating income | 2,172 | 2,646 | 2,160 |
| Pretax income | 1,798 | 2,274 | 1,999 |
| Net income | 1,484 | 5,604 | 1,349 |
| Diluted earnings per share | 1.72 | 6.15 | 1.58 |
Carrier Global balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 1,555 | 3,972 | 9,852 |
| Total assets | 37,190 | 37,403 | 32,822 |
| Total liabilities | 23,062 | 23,008 | 23,817 |
| Total equity | 14,128 | 14,395 | 9,005 |
| Long-term debt | 11,365 | 11,026 | 14,242 |
Carrier Global cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 2,513 | 563 | 2,607 |
| Capital expenditure | -392 | -519 | -439 |
| Free cash flow (derived) | 2,121 | 44 | 2,168 |
| Dividends paid | -772 | -670 | -620 |
| Share repurchases | -2,892 | -1,944 | -62 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 6,263 | 6,351 | 5,341 | 4,837 |
| Operating income (derived) | -2,273 | 825 | 259 | 101 |
| Net income (derived) | -2,593 | 541 | 265 | 53 |
| Diluted earnings per share | -3.16 | 0.60 | 0.28 | n/a |
| Operating cash flow (derived) | 813 | 927 | 79 | 1,040 |
| Total assets | 33,594 | 37,372 | 37,186 | 37,190 |
Carrier Global major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Capital Research Global Investors | 12.8% | 106,125,890 | 12 August 2026 |
| BlackRock, Inc. | 7.6% | 63,205,764 | 27 July 2026 |
| Vanguard Capital Management | 7.1% | 59,137,052 | 29 April 2026 |
Carrier Global 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 29 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 29 October 2026 | 8-K | Current report | Current report |
| 28 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 28 July 2026 | 8-K | Current report | Current report |
| 24 July 2026 | 8-K | Current report | FORM 8-K |
| 30 April 2026 | 10-Q | Quarterly report | Quarterly report |
| 30 April 2026 | 8-K | Current report | Current report |
| 16 April 2026 | 8-K | Current report | FORM 8-K |
Common questions
What was Carrier Global's revenue in fiscal 2025?
Carrier Global reported $21.7 billion in revenue for fiscal 2025, the year ended 31 December 2025, down 3.3% from fiscal 2024.
What was Carrier Global's net income in fiscal 2025?
Carrier Global reported net income of $1.5 billion for fiscal 2025, the year ended 31 December 2025, down 73.5% from fiscal 2024. Diluted earnings per share were $1.72.
What was Carrier Global's free cash flow in fiscal 2025?
Carrier Global had $2.1 billion in free cash flow in fiscal 2025. Operating cash flow was $2.5 billion and capital expenditure was $392 million.
What were Carrier Global's total assets at the end of fiscal 2025?
Carrier Global reported total assets of $37.2 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Carrier Global history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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