Carrier Global Corporation (CARR)
Industrials · Building Products & Equipment · NYSE
Carrier Global Corporation revenue & earnings — last 8 fiscal years
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.91B | $18.61B | $17.46B | $20.61B | $20.42B | $22.10B | $22.49B | $21.75B |
| Gross profit | — | — | — | — | $7.43B | $8.31B | $5.98B | — |
| Net income | $2.77B | $2.15B | $2.01B | $1.70B | $3.53B | $1.35B | $5.60B | $1.48B |
| Net margin | 14.6% | 11.6% | 11.5% | 8.3% | 17.3% | 6.1% | 24.9% | 6.8% |
Source: Carrier Global Corporation SEC filings (10-K).
What growth is priced into CARR stock?
At today's market cap of $59.17B, Carrier Global Corporation is priced for free-cash-flow growth of about 12.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.12B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9%/yr over the last five fiscal years and revenue 4.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 8 years of Carrier Global Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Carrier Global Corporation financial history by metric
About Carrier Global Corporation
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
Carrier Global Corporation — frequently asked questions
What is Carrier Global Corporation's revenue?
Carrier Global Corporation (CARR) reported revenue of $21.75B for fiscal year 2025, down 3.3% from the prior year, according to its SEC filings.
Is Carrier Global Corporation profitable?
Yes. CARR earned net income of $1.48B in fiscal 2025, a net margin of 6.8%.
What is CARR's P/E ratio?
Carrier Global Corporation trades at a price-to-earnings ratio of about 44.8 based on the latest data in our nightly-refreshed cache.
How fast is Carrier Global Corporation growing?
CARR's revenue grew at roughly 4.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Carrier Global Corporation have?
As of fiscal year 2025, CARR carried roughly $11.83B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Carrier Global Corporation's market cap?
Carrier Global Corporation (CARR) has a market capitalization of about $59.17B, based on the latest data in our nightly-refreshed cache.
When does Carrier Global Corporation's fiscal year end?
CARR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into CARR stock?
At today's market cap of $59.17B, Carrier Global Corporation is priced for free-cash-flow growth of about 12.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.12B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9%/yr over the last five fiscal years and revenue 4.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Carrier Global Corporation's official SEC filings (10-K and 10-Q), covering 8 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.