CARRIER GLOBAL CORPORATION (CARR)

58.79 -0.08% (-0.05)

Over 5Y: +9.3%

2026-08-28
40 60 80
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q2 '21 — Revenue: 5.4B Q2 '21 — Operating Cash Flow: 561M Q2 '21 — Free Cash Flow: 482M Q2 '21 — Net Income: 497M Q3 '21 — Revenue: 5.3B Q3 '21 — Operating Cash Flow: 579M Q3 '21 — Free Cash Flow: 505M Q3 '21 — Net Income: 480M Q4 '21 — Revenue: 5.1B Q4 '21 — Operating Cash Flow: 913M Q4 '21 — Free Cash Flow: 775M Q4 '21 — Net Income: 332M Q1 '22 — Revenue: 4.7B Q1 '22 — Operating Cash Flow: -202M Q1 '22 — Free Cash Flow: -258M Q1 '22 — Net Income: 1.4B Q2 '22 — Revenue: 5.2B Q2 '22 — Operating Cash Flow: 32M Q2 '22 — Free Cash Flow: -34M Q2 '22 — Net Income: 587M Q3 '22 — Revenue: 5.5B Q3 '22 — Operating Cash Flow: 790M Q3 '22 — Free Cash Flow: 699M Q3 '22 — Net Income: 1.3B Q4 '22 — Revenue: 2B Q4 '22 — Operating Cash Flow: 1.1B Q4 '22 — Free Cash Flow: 1B Q4 '22 — Net Income: 278M Q1 '23 — Revenue: 5.3B Q1 '23 — Operating Cash Flow: 120M Q1 '23 — Free Cash Flow: 50M Q1 '23 — Net Income: 387M Q2 '23 — Revenue: 6B Q2 '23 — Operating Cash Flow: 384M Q2 '23 — Free Cash Flow: 310M Q2 '23 — Net Income: 233M Q3 '23 — Revenue: 4.9B Q3 '23 — Operating Cash Flow: 1B Q3 '23 — Free Cash Flow: 968M Q3 '23 — Net Income: 357M Q4 '23 — Revenue: 4.3B Q4 '23 — Operating Cash Flow: 1.1B Q4 '23 — Free Cash Flow: 840M Q4 '23 — Net Income: 420M Q1 '24 — Revenue: 5.4B Q1 '24 — Operating Cash Flow: 40M Q1 '24 — Free Cash Flow: -62M Q1 '24 — Net Income: 269M Q2 '24 — Revenue: 5.9B Q2 '24 — Operating Cash Flow: 660M Q2 '24 — Free Cash Flow: 552M Q2 '24 — Net Income: 2.3B Q3 '24 — Revenue: 6B Q3 '24 — Operating Cash Flow: -269M Q3 '24 — Free Cash Flow: -361M Q3 '24 — Net Income: 447M Q4 '24 — Revenue: 5.1B Q4 '24 — Operating Cash Flow: 363M Q4 '24 — Free Cash Flow: 146M Q4 '24 — Net Income: 2.6B Q1 '25 — Revenue: 5.2B Q1 '25 — Operating Cash Flow: 483M Q1 '25 — Free Cash Flow: 420M Q1 '25 — Net Income: 412M Q2 '25 — Revenue: 6.1B Q2 '25 — Operating Cash Flow: 649M Q2 '25 — Free Cash Flow: 568M Q2 '25 — Net Income: 591M Q3 '25 — Revenue: 5.6B Q3 '25 — Operating Cash Flow: 341M Q3 '25 — Free Cash Flow: 224M Q3 '25 — Net Income: 428M Q4 '25 — Revenue: 4.8B Q4 '25 — Operating Cash Flow: 1B Q4 '25 — Free Cash Flow: 909M Q4 '25 — Net Income: 53M Q1 '26 — Revenue: 5.3B Q1 '26 — Operating Cash Flow: 79M Q1 '26 — Free Cash Flow: -15M Q1 '26 — Net Income: 238M 0 1.5B 3B 4.5B 6B 7.5B
Q3 '21 Q2 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q1 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-03-31, reported in USD. The newest fact in the filings is dated 2026-03-31, 152 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.8
SBC / sales 0.33%
OE margin 7.4%
ROIC 5.8%
Accruals -2.1%
OCF / EBIT 1.2×
ROA 3.5%
ROE 9.5%
FCF margin 7.7%
OCF margin 9.6%
ROCE 6.3%
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.4
RPO / sales 0.033×
RPO growth 14.9%
Segment HHI 0.54 HHI

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.5
ND/EBITDA —
Cash / Debt 0.11×
Debt / Eq 0.88×
Net debt / Eq 0.78×
Payout 59.2%
Quick ratio 0.75×
Debt payback 6.4 yr
F-score 4.5 pts
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.2
Sales/sh Y/Y +3.8%
Div. growth +15.2%
EPS CAGR 4Y -2.1%
Sales Q/Q +2.4%
EBIT CAGR -21.7%
EBIT Y/Y -37.6%
EPS Y/Y -75.9%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.