Carrier Global revenue and financials
$56.10Change from previous close: +0.66%Absolute change: +$0.37
In the fiscal year ended December 2025, Carrier Global reported revenue of $21.75B (−3.29% year over year). Net income was $1.48B, a net margin of 6.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 37,372 | 37,186 | 37,190 | 38,077 | 38,493 | 36,447 | 37,403 | 40,201 | 40,424 | 40,810 | 32,822 | 26,544 |
| Current assets | 9,414 | 9,018 | 8,533 | 8,839 | 9,131 | 8,444 | 9,891 | 11,194 | 11,573 | 11,715 | 19,576 | 10,511 |
| Cash and equivalents | 1,344 | 1,371 | 1,555 | 1,423 | 1,797 | 1,698 | 3,969 | 2,225 | 2,919 | 1,313 | 9,852 | 3,902 |
| Receivables | 3,702 | 3,663 | 3,138 | 3,655 | 3,854 | 3,438 | 3,017 | 3,100 | 3,525 | 3,481 | 2,386 | 3,635 |
| Inventory | 2,759 | 2,581 | 2,483 | 3,004 | 2,888 | 2,648 | 2,299 | 2,646 | 3,045 | 3,189 | 1,823 | 2,562 |
| Net property, plant and equipment | 3,730 | 3,673 | 3,711 | 3,772 | 3,757 | 3,603 | 3,553 | 3,583 | 3,752 | 3,812 | 2,581 | 2,787 |
| Goodwill | 15,267 | 15,313 | 15,501 | 15,680 | 15,672 | 14,959 | 14,601 | 15,294 | 15,245 | 15,366 | 7,520 | 9,825 |
| Other intangible assets | 5,756 | 5,987 | 6,326 | 6,560 | 6,770 | 6,480 | 6,432 | 7,118 | 7,048 | 7,351 | 945 | 1,100 |
| Long-term investments | 1,341 | 1,331 | 1,321 | 1,381 | 1,353 | 1,253 | 1,194 | 1,287 | 1,221 | 1,155 | 1,140 | 1,166 |
| Current liabilities | 9,231 | 8,585 | 7,114 | 7,747 | 7,829 | 7,011 | 7,892 | 10,378 | 10,675 | 8,637 | 6,981 | 6,349 |
| Accounts payable | 3,216 | 2,979 | 2,702 | 2,959 | 3,214 | 3,015 | 2,458 | 2,829 | 3,181 | 3,074 | 2,483 | 2,887 |
| Long-term debt | 10,314 | 10,422 | 11,365 | 11,336 | 11,336 | 11,080 | 11,026 | 10,337 | 11,270 | 15,647 | 14,242 | 8,651 |
| Total debt | 12,394 | 12,573 | 12,251 | 12,340 | 11,887 | — | — | — | — | — | — | — |
| Total liabilities | 23,900 | 23,385 | 23,062 | 23,238 | 23,479 | 22,249 | 23,008 | 25,159 | 26,345 | 28,904 | 23,817 | 18,042 |
| Total equity (incl. minority) | 13,472 | 13,801 | 14,128 | 14,839 | 15,014 | 14,198 | 14,395 | 15,042 | 14,079 | 11,906 | 9,005 | 8,502 |
| Retained earnings | 12,536 | 12,431 | 12,193 | 12,530 | 12,294 | 11,895 | 11,483 | 9,301 | 8,854 | 6,860 | 6,591 | 6,486 |
| Minority interest | 325 | 349 | 324 | 330 | 308 | 339 | 314 | 349 | 311 | 345 | 328 | 318 |