# Carrier Global Corporation (CARR)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $58.62B  
**Price:** $67.97 (-4.59%)

> Carrier Global Corporation is a leading provider of intelligent climate and energy solutions, specializing in heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. The company operates through three primary segments: HVAC, which delivers products, controls, services, and solutions for heating, cooling, and ventilation needs of residential and commercial customers, including air conditioners, heating systems, heat pumps, and aftermarket services; Refrigeration, focused on commercial and transport refrigeration systems; and Fire & Security, offering integrated fire detection, suppression, security, and building automation systems. Carrier Global Corporation serves a diverse global customer base across residential, commercial, industrial, and institutional sectors in the United States, Europe, the Asia Pacific, and other international markets. Its offerings emphasize energy-efficient and intelligent technologies that enhance building performance and occupant comfort. Founded in 2019 and headquartered in Palm Beach Gardens, Florida, Carrier Global Corporation plays a vital role in the building products industry within the capital goods sector, addressing critical needs for climate control and safety in modern infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $21.75B | — | $2.17B | $1.48B | — |
| 2024 | $22.49B | $5.98B | $2.65B | $5.60B | — |
| 2023 | $18.95B | $5.16B | $2.16B | $1.35B | — |
| 2022 | $17.29B | $4.30B | $3.98B | $3.53B | — |
| 2021 | $20.61B | — | $2.65B | — | — |
| 2020 | $17.46B | — | $3.08B | — | — |
| 2019 | $18.61B | — | $2.49B | — | — |
| 2018 | $18.91B | — | $3.64B | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $37.19B | $23.06B | $14.13B | $1.55B | $11.37B |
| 2024 | $37.40B | $23.01B | $14.39B | $3.97B | $11.03B |
| 2023 | $32.82B | $23.82B | $9.01B | $9.85B | $14.24B |
| 2022 | $26.09B | $18.01B | $8.08B | $3.30B | $8.70B |
| 2021 | $26.17B | $19.08B | $7.09B | $2.99B | $9.51B |
| 2020 | $25.09B | $18.52B | $6.58B | $3.12B | $10.23B |
| 2019 | $22.41B | $7.97B | $14.10B | $952M | $319M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.51B | — | — |
| 2024 | $563M | — | — |
| 2023 | $2.61B | — | — |
| 2022 | $1.74B | — | — |
| 2021 | $2.24B | — | — |
| 2020 | $1.69B | — | — |
| 2019 | $2.06B | — | — |
| 2018 | $2.06B | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/CARR)