CARRIER GLOBAL Corp CARR

NYSE · stock · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip · website · IPO 2020-03-17 · LEI

CARRIER GLOBAL Corp financials (annual)

Revenue

Net income

Bars are annual figures from 2019 to 2025; red bars are negative (a loss or cash outflow).

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	$21.7B	$22.5B	$19.0B	$17.3B	$20.6B	$17.5B	$18.6B
R&D expense	$625.0M	$686.0M	$493.0M	$416.0M	$503.0M	$419.0M	$401.0M
SG&A expense	$3.1B	$3.2B	$2.6B	$2.0B	$3.1B	$2.8B	$2.8B
Operating income	$2.2B	$2.6B	$2.2B	$4.0B	$2.6B	$3.1B	$2.5B
Income tax	$240.0M	$1.1B	$521.0M	$616.0M	$699.0M	$849.0M	$517.0M
Net income	$1.5B	$5.6B	$1.3B	$3.5B	—	—	—
EPS (diluted)	$1.72	$6.15	$1.58	$4.10	$1.87	$2.25	$2.44
Operating cash flow	$2.5B	$1.6B	$2.6B	$1.7B	$2.2B	$1.7B	$2.1B
Cash & equivalents	$1.6B	$4.0B	$9.9B	$3.3B	$3.0B	$3.1B	$952.0M
Inventory	$2.5B	$2.3B	$1.8B	$2.6B	$2.0B	$1.6B	$1.3B
Total assets	$37.2B	$37.4B	$32.8B	$26.1B	$26.2B	$25.1B	$22.4B
Total liabilities	$23.1B	$23.0B	$23.8B	$18.0B	$19.1B	$18.5B	$8.0B
Shareholders' equity	$14.1B	$14.4B	$9.0B	$8.1B	$7.1B	$6.6B	$14.4B

Growth · year-over-year · Revenue CAGR 2.6%

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue growth	-3.3%	+18.7%	+9.6%	-16.1%	+18.1%	-6.2%	—
Net income growth	-73.5%	+315.4%	-61.8%	—	—	—	—
EPS growth	-72.0%	+289.2%	-61.5%	+119.3%	-16.9%	-7.8%	—

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.