Carrier Global (CARR) | Financial Analysis & Statements

Carrier Global Corporation | Large-cap | Industrials

$74.90

0.35%

Carrier Global vs Trane Technologies Carrier Global vs Johnson Controls Carrier Global vs Lennox International Carrier Global vs Carlisle Companies Carrier Global vs Masco Carrier Global vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 22.5B

Gross Profit 6.0B 26.60%

Operating Income 2.1B 9.33%

Net Income 5.7B 25.38%

EPS (Diluted) $6.15

Balance Sheet Metrics

Total Assets 37.4B

Total Liabilities 23.0B

Shareholders Equity 14.4B

Debt to Equity 1.60

Cash Flow Metrics

Operating Cash Flow 2.1B

Free Cash Flow 44.0M

Revenue & Profitability Trend

Interactive Financial Charts Not Available

This page uses interactive financial charts and dynamic data visualization tools that require JavaScript. For detailed financial analysis:

Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Carrier Global Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	22.5B	22.1B	20.4B	20.6B	17.5B
Cost of Goods Sold	16.5B	15.7B	15.0B	14.6B	12.3B
Gross Profit	6.0B	6.4B	5.5B	6.0B	5.1B
Operating Expenses	3.9B	3.9B	3.1B	3.6B	3.2B
Operating Income	2.1B	2.5B	2.4B	2.4B	1.9B
Pre-tax Income	2.3B	2.1B	4.3B	2.4B	2.9B
Income Tax	1.1B	644.0M	708.0M	699.0M	849.0M
Net Income	5.7B	1.4B	3.6B	1.7B	2.0B
EPS (Diluted)	$6.15	$1.58	$4.10	$1.87	$2.25

Income Statement Trend

Carrier Global Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	9.9B	18.8B	9.9B	11.4B	8.5B
Non-Current Assets	27.5B	14.0B	16.2B	14.8B	16.6B
Total Assets	37.4B	32.8B	26.1B	26.2B	25.1B
Liabilities
Current Liabilities	7.9B	6.9B	6.0B	6.6B	5.1B
Non-Current Liabilities	15.1B	16.9B	12.0B	12.5B	13.4B
Total Liabilities	23.0B	23.8B	18.0B	19.1B	18.5B
Equity
Total Shareholders Equity	14.4B	9.0B	8.1B	7.1B	6.6B

Balance Sheet Composition

Carrier Global Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	1.2B	1.4B	3.6B	1.7B	2.0B
Operating Cash Flow	2.1B	1.9B	3.6B	1.5B	2.5B
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	-10.5B	-191.0M	2.1B	-348.0M	1.4B
Financing Activities
Dividends Paid	-670.0M	-620.0M	-509.0M	-417.0M	-138.0M
Financing Cash Flow	-4.6B	4.6B	-2.9B	-1.6B	-681.0M
Free Cash Flow	44.0M	2.1B	1.4B	1.9B	1.4B

Cash Flow Trend

Carrier Global Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 47.85

Forward P/E 23.61

Price to Book 4.46

Price to Sales 2.76

PEG Ratio 23.61

Profitability Ratios

Profit Margin 25.79%

Operating Margin 5.40%

Return on Equity 11.13%

Return on Assets 3.24%

Financial Health

Current Ratio 1.20

Debt to Equity 81.85

Beta 1.33

Per Share Data

EPS (TTM) $1.50

Book Value per Share $16.11

Revenue per Share $25.04

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
carr	61.5B	47.85	4.46	11.13%	25.79%	81.85
Trane Technologies	95.2B	35.20	12.74	38.63%	13.47%	63.47
Johnson Controls	68.0B	31.22	4.30	13.14%	10.78%	65.79
Lennox International	20.0B	25.13	23.49	131.48%	14.96%	174.76
Carlisle Companies	16.0B	20.53	7.35	33.20%	25.24%	87.44
Masco	13.3B	17.20	-1,931.62	1,116.56%	10.30%	-551.00

Financial data is updated regularly. All figures are in the company's reporting currency.