CARR
Carrier Global Corporation Common StockStock · IndustrialsS&P 500 Equal Weight 0.2% · S&P 500 0.09% · Russell 1000 0.08% · US Stock Market 0.08% · Russell 3000 0.08% · MSCI World 0.05% · MSCI ACWI 0.05%$57.46+1.45%
as of market close, Sep 11, 2026
☾ AH — —
CARR financial statements
The full income statement, balance sheet, and cash-flow statement for Carrier Global Corporation Common Stock (CARR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 901.0M2024-06 902.8M2024-09 897.2M2024-12 868.3M2025-03 857.3M2025-06 851.0M2025-09 842.2M2025-12 835.8M2026-03 830.6M-7.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 21.7B-3.3% | 22.5B+18.7% | 19.0B+9.6% | 17.3B-16.1% | 20.6B+18.1% | |
| Cost of revenue | — | 16.5B+19.7% | 13.8B+6.1% | 13.0B | — | |
| Research & development | 625M-8.9% | 686M+39.1% | 493M+18.5% | 416M-17.3% | 503M+20.0% | |
| Selling, general & administrative | 3.09B-3.3% | 3.20B+22.6% | 2.61B+31.9% | 1.98B-36.6% | 3.12B+10.6% | |
| Restructuring | 178M+64.8% | 108M+44.0% | 75.0M+275.0% | 20.0M-77.5% | 89.0M+81.6% | |
| Amortization of intangibles | 884M+4.9% | 843M+281.4% | 221M+112.5% | 104M+6.1% | 98.0M-3.9% | |
| Operating income | 2.17B-17.9% | 2.65B+22.5% | 2.16B-45.8% | 3.98B+50.6% | 2.65B-14.2% | |
| Interest expense | 458M-21.0% | 580M+89.5% | 306M+28.6% | 238M-25.4% | 319M+7.0% | |
| Equity-method income | 229M-0.9% | 231M+9.5% | 211M-19.5% | 262M+5.2% | 249M+20.3% | |
| Pre-tax income | 1.80B-20.9% | 2.27B+13.8% | 2.00B-47.7% | 3.82B+59.3% | 2.40B-15.9% | |
| Income tax | 240M-77.4% | 1.06B+103.8% | 521M-15.4% | 616M-11.9% | 699M-17.7% | |
| 1.48B-73.5% | 5.60B+315.4% | 1.35B-61.8% | 3.53B+112.4% | 1.66B-17.0% | ||
| Discontinued operations | 29.0M-99.4% | 4.50B+11931.6% | -38.0M-110.1% | 377M | — | |
| Net income to non-controlling interest | 103M-1.0% | 104M+14.3% | 91.0M+82.0% | 50.0M+35.1% | 37.0M+54.2% | |
| Net income to common | — | — | 1.35B-61.8% | 3.53B+112.4% | 1.66B-16.0% | |
| $1.72-72.0% | $6.15+289.2% | $1.58-61.5% | $4.10+119.3% | $1.87-16.9% | ||
| EPS (basic) | $1.74-72.1% | $6.24+287.6% | $1.61-61.6% | $4.19+118.2% | $1.92-16.2% | |
| Weighted-avg shares (basic) | 852M-5.1% | 898M+7.3% | 837M-0.7% | 843M-2.8% | 868M+0.1% | |
| Weighted-avg shares (diluted) | 862M-5.4% | 912M+6.9% | 853M-1.0% | 861M-3.3% | 890M+1.1% | |
| Dividends per share | $0.68-15.1% | $0.80+6.7% | $0.74+17.3% | $0.64+24.5% | $0.51+82.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.53B-13.7% | 9.89B-49.5% | 19.6B+98.2% | 9.88B-13.4% | 11.4B+33.8% | ||
| Cash & equivalents | 1.55B-60.8% | 3.97B-59.7% | 9.85B+198.7% | 3.30B+10.4% | 2.99B-4.1% | |
| Accounts receivable | 2.64B-0.5% | 2.65B+27.5% | 2.08B-26.6% | 2.83B+17.9% | 2.40B-13.6% | |
| Inventory | 2.48B+8.0% | 2.30B+26.1% | 1.82B-30.9% | 2.64B+34.0% | 1.97B+20.9% | |
| Other current assets | 1.26B+30.0% | 972M+33.5% | 728M+108.6% | 349M-7.2% | 376M+9.6% | |
| 37.2B-0.6% | 37.4B+14.0% | 32.8B+25.8% | 26.1B-0.3% | 26.2B+4.3% | ||
| Property, plant & equipment | 3.17B+5.5% | 3.00B+38.8% | 2.16B-3.6% | 2.24B+22.7% | 1.83B+0.9% | |
| Operating lease right-of-use | 546M-1.4% | 554M+31.6% | 421M-34.4% | 642M+0.3% | 640M-18.8% | |
| Goodwill | 15.5B+6.2% | 14.6B+94.2% | 7.52B-1.4% | 7.63B-18.4% | 9.35B-7.8% | |
| Intangible assets | 6.33B-1.6% | 6.43B+580.6% | 945M-29.6% | 1.34B+163.7% | 509M-50.9% | |
| Deferred tax assets | 1.07B-5.0% | 1.13B+57.5% | 718M+17.3% | 612M+8.7% | 563M+25.4% | |
| Other non-current assets | 668M+19.7% | 558M+80.0% | 310M+41.6% | 219M-9.5% | 242M-13.3% | |
| 7.11B-9.9% | 7.89B+13.0% | 6.98B+15.7% | 6.03B-9.0% | 6.63B+29.7% | ||
| Accounts payable | 2.70B+9.9% | 2.46B-1.0% | 2.48B-12.4% | 2.83B+21.4% | 2.33B+20.6% | |
| Accrued liabilities | 3.77B-7.9% | 4.10B+36.7% | 3.00B+14.8% | 2.61B+1.9% | 2.56B+3.6% | |
| Deferred revenue | 691M+25.0% | 553M+32.0% | 419M-6.7% | 449M+8.2% | 415M-18.9% | |
| Short-term & current debt | 108M-91.4% | 1.25B+2354.9% | 51.0M-63.6% | 140M-23.5% | 183M-4.2% | |
| Current lease liability | 142M+5.2% | 135M+45.2% | 93.0M-29.5% | 132M+1.5% | 130M-19.3% | |
| 23.1B+0.2% | 23.0B-3.4% | 23.8B+32.2% | 18.0B-5.6% | 19.1B+3.0% | ||
| Long-term debt | 11.4B+3.1% | 11.0B-22.6% | 14.2B+63.7% | 8.70B-8.5% | 9.51B-5.2% | |
| Deferred revenue (non-current) | 203M+23.8% | 164M+2.5% | 160M-8.0% | 174M+5.5% | 165M+0.0% | |
| Non-current lease liability | 418M-3.2% | 432M+29.7% | 333M-37.1% | 529M+0.4% | 527M-17.9% | |
| Operating lease liability (total) | 560M-1.2% | 567M+33.1% | 426M-35.6% | 661M+0.6% | 657M-18.2% | |
| Deferred tax liabilities | 1.83B-9.0% | 2.02B+285.3% | 523M-7.9% | 568M+60.5% | 354M-26.1% | |
| Other non-current liabilities | 2.14B+49.8% | 1.43B-10.1% | 1.59B-13.2% | 1.83B+9.1% | 1.68B-2.7% | |
| 14.1B-1.9% | 14.4B+59.9% | 9.01B+11.5% | 8.08B+13.8% | 7.09B+7.8% | ||
| Common stock | 10.0M+11.1% | 9.00M+0.0% | 9.00M+0.0% | 9.00M+0.0% | 9.00M+0.0% | |
| Additional paid-in capital | 8.66B+0.6% | 8.61B+55.6% | 5.54B+1.0% | 5.48B+1.3% | 5.41B+1.2% | |
| Retained earnings | 12.2B+6.2% | 11.5B+74.2% | 6.59B+12.4% | 5.87B+104.7% | 2.87B+74.4% | |
| Treasury stock | 6.79B+73.6% | 3.92B+98.5% | 1.97B+3.2% | 1.91B+261.1% | 529M | |
| Accumulated other comprehensive income | -269M+87.2% | -2.11B-41.7% | -1.49B+12.0% | -1.69B-70.7% | -989M-32.8% | |
| Non-controlling interest | 324M+3.2% | 314M-4.3% | 328M+3.1% | 318M-2.8% | 327M+0.3% | |
| Total equity incl. non-controlling | 14.1B-1.9% | 14.4B+59.9% | 9.01B+11.5% | 8.08B+13.8% | 7.09B+7.8% | |
| Total liabilities & equity | 37.2B-0.6% | 37.4B+14.0% | 32.8B+25.8% | 26.1B-0.3% | 26.2B+4.3% | |
| Common shares issued | 951M+0.3% | 948M+7.4% | 883M | — | 873M+0.6% | |
| Common shares outstanding | 836M-4.8% | 878M+4.6% | 840M+0.6% | 835M-3.3% | 863M-0.6% | |
| Shares outstanding (cover) | 836M-3.7% | 868M-3.3% | 898M+7.7% | 834M-2.5% | 856M-1.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.51B+346.4% | 563M-78.4% | 2.61B+49.6% | 1.74B-22.1% | 2.24B+32.2% | ||
| Depreciation & amortization | 1.27B+3.4% | 1.23B+150.9% | 491M+49.7% | 328M-3.0% | 338M+0.6% | |
| Intangible amortization | 884M+4.9% | 843M+281.4% | 221M+112.5% | 104M+6.1% | 98.0M-3.9% | |
| Share-based compensation | 74.0M-24.5% | 98.0M+21.0% | 81.0M+5.2% | 77.0M-16.3% | 92.0M+19.5% | |
| Deferred income taxes | -401M-13.9% | -352M-44.9% | -243M-129.2% | -106M-43.2% | -74.0M-176.3% | |
| Change in inventory | 81.0M+127.7% | -292M-137.4% | -123M-171.1% | 173M-57.6% | 408M+70.0% | |
| -307M+84.8% | -2.02B-206.8% | -660M-137.8% | 1.75B+352.2% | -692M-162.6% | ||
| Capital expenditure | 392M-24.5% | 519M+18.2% | 439M+38.5% | 317M-7.8% | 344M+10.3% | |
| Free cash flow | 2.12B+4720.5% | 44.0M-98.0% | 2.17B+52.0% | 1.43B-24.7% | 1.89B+37.2% | |
| Acquisitions | 107M-99.0% | 10.9B+12864.3% | 84.0M-83.4% | 506M+38.3% | 366M | |
| Other investing activities | -24.0M-71.4% | -14.0M+6.7% | -15.0M+25.0% | -20.0M-185.7% | -7.00M-600.0% | |
| -4.67B-0.8% | -4.64B-200.5% | 4.61B+257.4% | -2.93B-87.6% | -1.56B-129.4% | ||
| Long-term debt issued | 48.0M-98.6% | 3.41B-39.2% | 5.61B+1198.4% | 432M+208.6% | 140M-98.8% | |
| Long-term debt repaid | 1.21B-77.3% | 5.34B+4715.3% | 111M-91.3% | 1.27B+81.1% | 704M-63.2% | |
| Net short-term debt | 275M+450.0% | 50.0M+1100.0% | -5.00M+96.6% | -149M-1246.2% | 13.0M+156.5% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 2.89B+48.8% | 1.94B+3035.5% | 62.0M-95.5% | 1.38B+161.9% | 527M | |
| Dividends paid | 772M+15.2% | 670M+8.1% | 620M+21.8% | 509M+22.1% | 417M+202.2% | |
| Other financing activities | -18.0M+40.0% | -30.0M+75.2% | -121M-12000.0% | -1.00M+96.0% | -25.0M-278.6% | |
| FX effect on cash | — | — | — | -56.0M-250.0% | -16.0M-135.6% | |
| Net change in cash | -2.39B+61.5% | -6.20B-193.3% | 6.65B+1226.7% | 501M+1618.2% | -33.0M-101.5% | |
| Interest paid | 422M-30.8% | 610M+90.6% | 320M+7.7% | 297M-6.3% | 317M+61.7% | |
| Income taxes paid | 729M-65.7% | 2.13B+125.7% | 942M+13.1% | 833M+23.4% | 675M-17.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 44.2B-25.5% | 59.3B+23.0% | 48.2B+39.7% | 34.5B-25.7% | 46.4B+41.5% | |
| P/E | 29.8×+181.4% | 10.6×-22.5% | 13.6×-34.2% | 20.7×-25.7% | 27.9×+70.6% | |
| P/S | 2.0×-23.0% | 2.6×-9.2% | 2.9×+72.1% | 1.7×-25.1% | 2.3×+19.9% | |
| P/B | 3.1×-24.1% | 4.1×-27.4% | 5.7×+22.7% | 4.6×-29.3% | 6.5×+31.2% | |
| P/FCF | 20.8×-98.5% | 1347.1×+6459.0% | 20.5×-29.6% | 29.2×+19.1% | 24.5×+3.2% | |
| Earnings yield | 3.4%-64.5% | 9.5%+29.0% | 7.3%+52.0% | 4.8%+34.5% | 3.6%-41.4% | |
| FCF yield | 4.8%+6369.3% | 0.07%-98.5% | 4.9%+42.1% | 3.4%-16.0% | 4.1%-3.1% | |
| Dividend yield | 1.3%+9.7% | 1.2%-10.2% | 1.3%-15.8% | 1.5%+63.7% | 0.94%+26.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CARR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CARR filings on SEC EDGAR → Not investment advice.