CARRIER GLOBAL Corp
CARRIER GLOBAL Corp
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Cash Equivalents At Carrying Value | 1,371 | 1,555 | 1,423 | 1,797 | 1,698 | 3,969 | 2,224 | 2,756 | 1,180 | 9,852 | 3,685 | 3,209 | |||||
Receivables Net Current | 3,130 | 2,639 | 3,129 | 3,373 | 2,979 | 2,651 | 2,726 | 3,187 | 3,156 | 2,080 | 3,030 | 3,212 | |||||
Contract With Customer Asset Net Current | - | - | - | - | - | - | - | 333 | 320 | 306 | 605 | 578 | |||||
Inventory Net | 2,581 | 2,483 | 3,004 | 2,888 | 2,648 | 2,299 | 2,646 | 3,045 | 3,189 | 1,823 | 2,562 | 2,699 | |||||
Assets Of Disposal Group Including Discontinued Op… | 621 | 592 | - | - | - | 0 | 2,680 | 1,601 | 3,169 | 5,093 | - | - | |||||
Other Assets Current | 1,315 | 1,264 | 1,283 | 1,073 | 1,119 | 972 | 917 | 488 | 568 | 728 | 412 | 443 | |||||
Assets Current | 9,018 | 8,533 | 8,839 | 9,131 | 8,444 | 9,891 | 11,194 | 11,573 | 11,715 | 19,576 | 10,511 | 10,141 | |||||
Deferred Income Tax Assets Net | 1,137 | 1,074 | 1,199 | 1,220 | 1,149 | 1,131 | 1,142 | 939 | 823 | 718 | 712 | 690 | |||||
Property Plant And Equipment Net | 3,122 | 3,165 | 3,214 | 3,182 | 3,040 | 2,999 | 3,015 | 3,117 | 3,179 | 2,160 | 2,210 | 2,262 | |||||
Operating Lease Right Of Use Asset | 551 | 546 | 558 | 575 | 563 | 554 | 568 | 635 | 633 | 421 | 577 | 600 | |||||
Intangible Assets Net Excluding Goodwill | 5,987 | 6,326 | 6,560 | 6,770 | 6,480 | 6,432 | 7,118 | 7,048 | 7,351 | 945 | 1,100 | 1,181 | |||||
Goodwill | 15,313 | 15,501 | 15,680 | 15,672 | 14,959 | 14,601 | 15,294 | 15,245 | 15,366 | 7,520 | 9,825 | 9,927 | |||||
Defined Benefit Plan Assets For Plan Benefits Nonc… | 58 | 56 | 50 | 50 | 48 | 43 | 54 | 81 | 78 | 32 | 29 | 32 | |||||
Equity Method Investments | 1,331 | 1,321 | 1,381 | 1,353 | 1,253 | 1,194 | 1,287 | 1,221 | 1,155 | 1,140 | 1,166 | 1,139 | |||||
Other Assets Noncurrent | 669 | 668 | 596 | 540 | 511 | 558 | 529 | 565 | 510 | 310 | 414 | 312 | |||||
Assets | 37,186 | 37,190 | 38,077 | 38,493 | 36,447 | 37,403 | 40,201 | 40,424 | 40,810 | 32,822 | 26,544 | 26,284 | |||||
Accounts Payable Current | 2,979 | 2,702 | 2,959 | 3,214 | 3,015 | 2,458 | 2,829 | 3,181 | 3,074 | 2,483 | 2,887 | 2,956 | |||||
Accrued Liabilities Current | 3,700 | 3,774 | 4,208 | 4,508 | 3,892 | 4,098 | 4,233 | 4,262 | 2,994 | 2,997 | 2,832 | 2,661 | |||||
Contract With Customer Liability Current | - | - | - | - | - | - | - | 493 | 501 | 425 | 496 | 483 | |||||
Liabilities Of Disposal Group Including Discontinu… | 170 | 170 | - | - | - | 0 | 1,221 | 687 | 820 | 1,450 | - | - | |||||
Long Term Debt Current | - | 108 | - | 107 | 104 | 1,252 | 2,095 | 2,052 | 1,248 | 51 | 134 | 134 | |||||
Debt Current | 1,736 | 468 | 580 | - | - | 1,336 | - | - | - | - | - | - | |||||
Liabilities Current | 8,585 | 7,114 | 7,747 | 7,829 | 7,011 | 7,892 | 10,378 | 10,675 | 8,637 | 6,981 | 6,349 | 6,234 | |||||
Long Term Debt And Capital Lease Obligations | - | 11,365 | - | - | - | 11,026 | - | - | - | 14,242 | - | - | |||||
Long Term Debt Noncurrent | 10,422 | 11,365 | 11,336 | 11,336 | 11,080 | 11,026 | 10,337 | 11,270 | 15,647 | - | 8,651 | 8,655 | |||||
Pension And Other Postretirement Defined Benefit P… | 188 | 192 | 220 | 221 | 218 | 214 | 209 | 247 | 259 | 149 | 337 | 350 | |||||
Deferred Income Tax Liabilities Net | 1,688 | 1,833 | 1,943 | 2,087 | 2,028 | 2,015 | 2,241 | 2,184 | 2,272 | 523 | 553 | 560 | |||||
Operating Lease Liability Noncurrent | 415 | 418 | 424 | 444 | 437 | 432 | 445 | 501 | 505 | 333 | 465 | 485 | |||||
Other Liabilities Noncurrent | 2,087 | 2,140 | 1,568 | 1,562 | 1,475 | 1,429 | 1,549 | 1,468 | 1,584 | 1,589 | 1,687 | 1,712 | |||||
Liabilities | 23,385 | 23,062 | 23,238 | 23,479 | 22,249 | 23,008 | 25,159 | 26,345 | 28,904 | 23,817 | 18,042 | 17,996 | |||||
Long Term Investments And… | |||||||||||||||||
Common Stock Value | 10 | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
Treasury Stock Common Value | -7,104 | -6,795 | -6,311 | -5,522 | -5,188 | -3,915 | -2,403 | -1,972 | -1,972 | -1,972 | -1,972 | -1,972 | |||||
Additional Paid In Capital | 8,675 | 8,665 | 8,646 | 8,338 | 8,616 | 8,610 | 8,588 | 8,563 | 8,536 | 5,535 | 5,517 | 5,494 | |||||
Retained Earnings Accumulated Deficit | 12,431 | 12,193 | 12,530 | 12,294 | 11,895 | 11,483 | 9,301 | 8,854 | 6,860 | 6,591 | 6,486 | 6,129 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -560 | -269 | -365 | -413 | -1,473 | -2,106 | -802 | -1,686 | -1,872 | -1,486 | -1,856 | -1,691 | |||||
Minority Interest | 349 | 324 | 330 | 308 | 339 | 314 | 349 | 311 | 345 | 328 | 318 | 319 | |||||
Stockholders Equity | 13,801 | 14,128 | 14,839 | 15,014 | 14,198 | 14,395 | 15,042 | 14,079 | 11,906 | 9,005 | 8,502 | 8,288 | |||||
Liabilities And Stockholders Equity | 37,186 | 37,190 | 38,077 | 38,493 | 36,447 | 37,403 | 40,201 | 40,424 | 40,810 | 32,822 | 26,544 | 26,284 | |||||
Common Stock Par Or Stated Value Per Share | - | 0.01 | - | - | - | 0.01 | - | - | - | 0.01 | - | - | |||||
Common Stock Shares Authorized | - | 4,000 | - | - | - | 4,000 | - | - | - | 4,000 | - | - | |||||
Common Stock Shares Issued | - | 951 | - | - | - | 948 | - | - | - | 883 | - | - | |||||
Shares Outstanding | - | 836 | - | - | - | 878 | - | - | - | 840 | - | - | |||||
Treasury Stock Common Shares | - | 115 | - | - | - | 70 | - | - | - | 43 | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.66% | 7.29% | 2.63% | - | - | - | - | - | - | - | - | - |
| 2025 | 2.02% | 1.29% | 10.14% | -5.47% | -15.74% | -21.59% | -10.43% | -8.11% | -3.97% | 2.06% | -14.03% | -3.38% |
| 2024 | 9.40% | 7.93% | 11.02% | 3.93% | 18.02% | 25.88% | 1.10% | -0.96% | -9.47% | 3.42% | -12.25% | 10.13% |
| 2023 | - | - | - | -5.92% | -4.04% | -7.38% | 14.70% | 23.56% | 21.40% | 3.96% | 7.03% | 11.40% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.05 | 1.20 | 1.14 | 1.17 | 1.20 | 1.25 | 1.08 | 1.08 | 1.36 | 2.80 | 1.66 | 1.63 | |||||
| Quick Ratio | 0.75 | 0.85 | 0.75 | 0.80 | 0.83 | 0.96 | 0.82 | 0.80 | 0.99 | 2.54 | 1.25 | 1.19 | |||||
| Working Capital | 433.00M | 1.42B | 1.09B | 1.30B | 1.43B | 2.00B | 816.00M | 898.00M | 3.08B | 12.60B | 4.16B | 3.91B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.69 | 1.63 | 1.57 | 1.56 | 1.57 | 1.60 | 1.67 | 1.87 | 2.43 | 2.64 | 2.12 | 2.17 | |||||
| Interest Coverage TTM | 4.84 | 5.97 | 8.11 | 11.71 | 8.81 | 6.84 | 7.89 | 6.45 | 7.80 | 13.50 | 9.65 | 13.47 | |||||
| Debt Ratio | 0.63 | 0.62 | 0.61 | 0.61 | 0.61 | 0.62 | 0.63 | 0.65 | 0.71 | 0.73 | 0.68 | 0.68 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.59 | 0.58 | 0.56 | 0.57 | 0.58 | 0.64 | 0.60 | 0.57 | 0.57 | 0.64 | 0.82 | 0.87 | |||||
| Days Sales Outstanding TTM | 50.98 | 44.39 | 48.44 | 53.30 | 50.24 | 38.40 | 52.29 | 61.33 | 59.13 | 47.31 | 51.68 | 50.47 | |||||
| Receivables Turnover TTM | 7.16 | 8.22 | 7.53 | 6.85 | 7.26 | 9.51 | 6.98 | 5.95 | 6.17 | 7.71 | 7.06 | 7.23 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.65 | 1.84 | 4.64 | 4.62 | 6.55 | 6.15 | 3.88 | 3.78 | 1.49 | 1.69 | 1.42 | 2.55 | |||||
| Free Cash Flow Per Share TTM | 2.02 | 2.49 | 1.33 | 0.63 | 0.61 | 0.05 | 1.08 | 2.55 | 2.29 | 2.59 | 2.76 | 2.44 | |||||
| Dividend Per Share TTM | 0.93 | 0.91 | 0.87 | 0.85 | 0.82 | 0.75 | 0.74 | 0.71 | 0.70 | 0.74 | 0.70 | 0.67 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 166.14% | 165.44% | 164.45% | 163.91% | 164.42% | 164.84% | 173.78% | 173.59% | 172.85% | 172.76% | 163.93% | 165.09% | |||||
| Operating Profit Margin TTM | 8.24% | 9.99% | 12.90% | 13.66% | 12.97% | 11.77% | 12.34% | 11.69% | 10.42% | 11.40% | 9.33% | 13.76% | |||||
| Net Profit Margin TTM | 6.35% | 7.30% | 18.08% | 17.83% | 25.81% | 24.92% | 17.67% | 18.17% | 7.10% | 7.60% | 5.68% | 9.93% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -1.86% | -3.29% | 9.80% | 17.98% | 16.68% | 18.65% | -5.71% | -12.74% | -9.23% | -7.20% | 4.19% | 7.29% | |||||
| Net Income Growth (1Y) | -75.87% | -71.68% | 12.31% | 15.78% | 324.19% | 289.17% | 193.15% | 59.74% | -46.19% | -59.25% | -66.69% | -22.75% | |||||
| EPS Growth (1Y) | -74.95% | -70.16% | 19.24% | 22.21% | 339.99% | 262.78% | 172.82% | 47.99% | -50.03% | -58.96% | -66.66% | -21.86% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 33.63 | 28.06 | 12.52 | 15.34 | 9.35 | 10.71 | 19.88 | 16.01 | 37.28 | 32.30 | 36.70 | 18.42 | |||||
| P/B TTM | 3.38 | 3.15 | 3.36 | 4.09 | 3.79 | 4.17 | 4.69 | 3.93 | 4.25 | 5.17 | 5.23 | 4.81 | |||||
| P/S TTM | 2.13 | 2.05 | 2.26 | 2.74 | 2.41 | 2.67 | 3.51 | 2.91 | 2.65 | 2.45 | 2.09 | 1.83 | |||||
| Market Cap | 46.68B | 44.53B | 49.91B | 61.44B | 53.80B | 60.01B | 70.58B | 55.38B | 50.55B | 46.52B | 44.45B | 39.90B | |||||
| Enterprise Value | 57.47B | 54.81B | 60.40B | 71.08B | 63.28B | 68.40B | 80.78B | 65.95B | 66.26B | 61.22B | 49.54B | 45.47B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.69B | 2.12B | 1.13B | 542.00M | 526.00M | 44.00M | 969.00M | 2.30B | 2.06B | 2.17B | 2.31B | 2.04B | |||||
| Net Debt | 10.79B | 10.28B | 10.49B | 9.64B | 9.49B | 8.39B | 10.21B | 10.56B | 15.71B | 14.70B | 5.10B | 5.57B | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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Growth Rates | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
CARRIER GLOBAL Corp (CARR) — SEC Financial Statements & Analysis
CARRIER GLOBAL Corp (CARR) is a air-cond & warm air heatg equip & comm & indl refrig equip company, incorporated in DE. CARRIER GLOBAL Corp trades on NYSE as: CARR. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), CARRIER GLOBAL Corp reported a -1.86% year-over-year revenue growth, a Gross Profit Margin of 166.14% (TTM), a Debt-to-Equity ratio of 1.69x, a Price-to-Sales (P/S) ratio of 2.13x (TTM), a Price-to-Book (P/B) ratio of 3.38 (TTM), at a market cap of $46.68B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -1.86%
- Gross Profit Margin TTM
- 166.14%
- Debt To Equity
- 1.69x
- P/S TTM
- 2.13x
- P/B TTM
- 3.38
- Market Cap
- $46.68B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is CARRIER GLOBAL Corp in?
CARRIER GLOBAL Corp (CARR) operates in the Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip industry.
What is CARR's market cap?
CARRIER GLOBAL Corp (CARR) has a market capitalization of $46.68B as of 2026-03-31.
What is CARR's P/E ratio?
CARRIER GLOBAL Corp (CARR)'s trailing twelve month P/E ratio is 33.63x as of 2026-03-31.
What exchange does CARR trade on?
CARRIER GLOBAL Corp (CARR) trades on the NYSE.
Where is CARRIER GLOBAL Corp incorporated?
CARRIER GLOBAL Corp is incorporated in DE.