Carrier Global

Industrials Building Products Palm Beach Gardens, Florida Last filing Feb 5, 2026 · FY2025

                    Revenue
                    FY2025
                
$21.7B
                    3y CAGR +7.9%
                    
                    P70
                    
                    n/a
                    
                    Net income
                    FY2025
                
$1.5B
                    Net margin +6.8%
                    
                    P19
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$37.2B
                    ROA +4.0%
                    
                    P13
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$2.5B
                    FCF margin +9.8%
                    
                    P41
                    
                    n/a

8 yrs · FY2018–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

31 accounts · 1 year

Total assets $37.2B

Total liabilities $23.1B

Shareholders equity $14.1B

Account	2025	Trend
Assets
Cash and Cash Equivalents	7.2%
Accounts Receivable	12.1%
Inventory	11.4%
Other Current Assets	8.5%
Total Current Assets	39.2%
Property,Plant and Equipment	14.6%
Operating Lease Assets	2.5%
Goodwill	71.3%
Intangible Assets	29.1%
Long Term Investments	6.1%
Deferred Tax Assets	4.9%
Other Noncurrent Assets	3.3%
Total Assets	171.0%
Liabilities
Accounts Payable	12.4%
Accrued Liabilities	17.4%
Current Portion of Long Term Debt	2.2%
Other Current Liabilities	0.8%
Total Current Liabilities	32.7%
Long Term Debt	52.3%
Operating Lease Liabilities Noncurrent	1.9%
Deferred Tax Liabilities	8.4%
Other Noncurrent Liabilities	10.7%
Total Liabilities	106.0%
Equity
Common Stock	0.0%
Additional Paid In Capital	39.8%
Retained Earnings	56.1%
Treasury Stock	31.2%
Accumulated Other Comprehensive Income	-1.2%
Total Stockholders Equity	65.0%
Noncontrolling Interest	1.5%
Total Liabilitiesand Equity	171.0%

Income Statement

Revenue, expense, and profitability

14 accounts · 1 year

Revenue $21.7B

Operating income $2.2B

Net income $1.5B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	100.0%
Expenses Research and Development	2.9%
Expenses Selling,General and Administrative	14.2%
Expenses Other Operating Expenses	-1.2%
Other Income Expense Operating Income	10.0%
Other Income Expense Other Income/expense	-1.7%
Other Income Expense Income Before Tax	8.3%
Income Tax Income Tax Expense	1.1%
net Income Other Items Below Tax	6.5%
net Income net Income	6.8%
net Income Comprehensive Income	15.3%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Diluted	4.0%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 1 year

Operating cash flow $2.5B

Investing cash flow $-307.0M

Financing cash flow $-4.7B

Account	2025	Trend
CashFlow
Operating Activities net Income	7.3%
Operating Activities Depreciation and Amortization	5.9%
Operating Activities Stock Based Compensation	0.3%
Operating Activities Deferred Income Taxes	-1.8%
Operating Activities Changes In Operating Assets and Liabilities	-1.8%
Operating Activities Other Non Cash Items	1.9%
Operating Activities net Cash From Operating Activities	11.6%
Investing Activities Capital Expenditures	-1.8%
Investing Activities Business Acquisitions	-0.5%
Investing Activities Other Investing Activities	0.9%
Investing Activities net Cash From Investing Activities	-1.4%
Financing Activities Proceeds From Debt	0.2%
Financing Activities Repayment of Debt	-5.6%
Financing Activities Repurchase of Common Stock	-13.3%
Financing Activities Dividends Paid	-4.0%
Financing Activities Other Financing Activities	1.2%
Financing Activities net Cash From Financing Activities	-21.5%
Cash Reconciliation Effect of Exchange Rate On Cash	0.3%
Cash Reconciliation Other Changes In Cash	-11.0%
Cash Reconciliation net Change In Cash	-11.0%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	—
Operating margin	+10.0%
Net margin	+6.8%
FCF margin	+9.8%
Growth
Revenue CAGR (3y)	+7.9%
Returns
ROE	+10.5%
ROA	+4.0%
ROIC	+7.7%
Liquidity
Current ratio	1.20x
Quick ratio	0.59x
Leverage
D/E	1.63x
Interest coverage	—
Efficiency
Asset turnover	0.58x
Cash conversion cycle	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Carrier Global

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history