Carrier Global
$55.12Change from previous close: −0.18%Absolute change: −$0.10
At a glance
- Revenue growth
- −3.29%
- 2025 vs 2024
- Net income growth
- −73.52%
- 2025 vs 2024
- Net margin
- 6.8%
- 2024: 24.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 21,747 | 22,486 | 18,951 | 17,288 | — |
| Cost of revenue | 16,123 | 16,505 | 13,789 | 12,991 | — |
| Gross profit | 5,624 | 5,981 | 5,162 | 4,297 | — |
| Selling, general and administrative | 3,092 | 3,197 | 2,607 | 1,977 | — |
| Research and development | 625 | 686 | 493 | 416 | — |
| Operating income | 1,907 | 2,098 | 2,062 | 1,904 | — |
| EBIT | 2,256 | 2,854 | 2,305 | 1,904 | — |
| EBITDA | 3,530 | 4,086 | 2,796 | 2,232 | — |
| Interest expense | 458 | 580 | 306 | 302 | — |
| Pre-tax income | 1,798 | 2,274 | 1,999 | 3,823 | — |
| Income tax | 240 | 1,062 | 521 | 616 | — |
| Net income | 1,484 | 5,604 | 1,349 | 3,534 | — |
| Net income to common shareholders | 1,484 | 5,604 | 1,349 | 3,534 | — |
| Basic EPS | 1.74 | 6.24 | 1.61 | 4.19 | — |
| Diluted EPS | 1.72 | 6.15 | 1.58 | 4.10 | — |
| Average shares (basic) | 852 | 898 | 837 | 843 | — |
| Average shares (diluted) | 862 | 912 | 853 | 861 | — |