CARR
Carrier Global Corp
NYSE: CARR · INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT
$67.17
+8.79% today
Updated 2026-04-30
Market cap
$56.12B
P/E ratio
44.78
P/S ratio
2.58x
EPS (TTM)
$1.50
Dividend yield
—
52W range
$50 – $80
Volume
6.8M
Carrier Global Corp (CARR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.81B | $18.91B | $18.61B | $17.46B | $20.61B | $17.29B | $22.10B | $22.49B | $21.75B |
| Revenue growth (YoY) | — | +6.2% | -1.6% | -6.2% | +18.1% | -16.1% | +27.8% | +1.8% | -3.3% |
| Cost of revenue | $12.58B | $13.31B | $13.15B | $12.33B | $14.61B | $12.98B | $15.71B | $16.46B | $16.11B |
| Gross profit | $5.23B | $5.61B | $5.46B | $5.13B | $6.01B | $4.30B | $6.38B | $6.02B | $5.63B |
| Gross margin | 29.4% | 29.6% | 29.3% | 29.4% | 29.1% | 24.9% | 28.9% | 26.8% | 25.9% |
| R&D | $364.00M | $400.00M | $401.00M | $419.00M | $503.00M | $416.00M | $617.00M | $686.00M | $625.00M |
| SG&A | $2.58B | $2.69B | $2.76B | $2.76B | $3.06B | $2.52B | $3.01B | $3.20B | $3.09B |
| Operating income | $3.03B | $3.64B | $2.49B | $3.08B | $2.65B | $3.98B | $2.30B | $2.65B | $2.15B |
| Operating margin | 17.0% | 19.2% | 13.4% | 17.7% | 12.8% | 23.0% | 10.4% | 11.8% | 9.9% |
| EBITDA | $3.02B | $3.22B | $2.98B | $2.41B | $2.91B | $2.29B | $2.30B | $3.56B | $2.79B |
| EBITDA margin | 16.9% | 17.0% | 16.0% | 13.8% | 14.1% | 13.2% | 10.4% | 15.8% | 12.8% |
| EBIT | $2.64B | $2.87B | $2.64B | $2.08B | $2.57B | $1.96B | $2.30B | $2.33B | $1.84B |
| Interest expense | $219.00M | $84.00M | $75.00M | $298.00M | $319.00M | $302.00M | $211.00M | $580.00M | $345.00M |
| Income tax | $1.79B | $1.07B | $517.00M | $849.00M | $699.00M | $616.00M | $-644.00M | $1.06B | $306.00M |
| Effective tax rate | 59.3% | 28.2% | 19.6% | 30.0% | 29.6% | 14.8% | -80.9% | 15.9% | 17.0% |
| Net income | $1.23B | $2.73B | $2.12B | $1.98B | $1.66B | $3.53B | $1.44B | $5.60B | $1.49B |
| Net income growth (YoY) | — | +122.8% | -22.6% | -6.3% | -16.0% | +112.4% | -59.3% | +289.2% | -73.4% |
| Profit margin | 6.9% | 14.5% | 11.4% | 11.4% | 8.1% | 20.4% | 6.5% | 24.9% | 6.9% |