CARRIER GLOBAL Corp

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Total revenue	21.75	22.49	22.10	17.29	20.61	17.46	18.61	18.91	17.81
Cost of revenue	16.12	16.51	15.72	12.99	14.63	12.35	13.19	13.35	12.63
Gross profit	5.62	5.98	6.38	4.30	5.98	5.11	5.42	5.57	5.19
Total operating expenses +	3.72	3.88	3.91	2.39	3.34	2.03	2.93	1.93	2.16
Selling, general and administrative	3.09	3.20	3.01	1.98	3.12	2.82	2.76	2.69	2.58
Research and development	0.63	0.69	0.62	0.42	0.50	0.42	0.40	0.40	0.36
Other operating expenses	0.00	0.00	0.29	0.00	-0.29	-1.21	-0.23	-1.16	-0.79
Operating income	1.91	2.10	2.30	1.90	2.65	3.08	2.49	3.64	3.03
Non-operating income (net)	-0.11	0.18	-0.21	1.92	-0.25	-0.23	0.18	0.21	0.02
Income before tax	1.80	2.27	2.08	3.82	2.40	2.86	2.67	3.84	3.05
Income tax expense	0.24	1.06	-0.64	0.62	0.70	0.85	0.52	1.07	1.79
Net income	1.48	5.60	1.44	3.53	1.66	1.98	2.12	2.73	1.23

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19
Total revenue	5.34	4.84	5.58	6.11	5.22	5.15	5.98	5.93	5.42	5.10	4.94	5.99	5.27	5.11	5.45	5.21	4.65	5.13	5.34	5.44	4.70	4.59	5.00	3.97	3.89	4.50	4.82	4.96	4.32
Cost of revenue	4.10	3.88	4.13	4.34	3.77	3.80	4.31	4.36	4.04	3.67	3.45	4.24	3.90	3.86	3.97	3.76	3.36	3.77	3.74	3.82	3.31	3.31	3.44	2.83	2.77	3.23	3.38	3.49	3.10
Gross profit	1.24	0.96	1.45	1.77	1.45	1.34	1.68	1.58	1.39	1.43	1.49	1.76	1.38	1.25	1.48	1.45	1.29	1.37	1.60	1.62	1.39	1.29	1.56	1.14	1.12	1.27	1.45	1.47	1.23
Total operating expenses +	1.00	0.91	0.95	0.97	0.88	0.97	0.91	0.85	1.00	0.83	0.98	1.27	0.82	0.81	-0.05	0.63	-0.44	0.90	0.77	0.84	0.82	0.04	0.48	0.70	0.81	0.72	0.82	0.67	0.73
Selling, general and administrative	0.86	0.75	0.80	0.81	0.73	0.80	0.98	0.79	0.99	0.96	0.83	0.78	0.72	0.67	0.62	0.61	0.60	0.82	0.75	0.81	0.74	0.81	0.68	0.64	0.69	0.70	0.70	0.68	0.68
Research and development	0.14	0.16	0.15	0.16	0.15	0.16	0.17	0.16	0.19	0.17	0.13	0.15	0.14	0.15	0.14	0.12	0.13	0.13	0.12	0.13	0.12	0.13	0.10	0.09	0.10	0.10	0.10	0.10	0.10
Other operating expenses	0.00	0.00	0.00	0.00	0.00	0.00	-0.23	-0.10	-0.18	-0.30	0.02	0.33	-0.04	-0.01	-0.82	-0.11	-1.17	-0.05	-0.10	-0.10	-0.04	-0.90	-0.30	-0.03	0.02	-0.08	0.01	-0.11	-0.06
Operating income	0.24	0.05	0.50	0.80	0.56	0.38	0.76	0.72	0.39	0.61	0.51	0.49	0.56	0.43	1.53	0.82	1.74	0.46	0.83	0.78	0.57	1.25	1.08	0.44	0.32	0.56	0.63	0.81	0.50
Non-operating income (net)	-0.07	-0.05	-0.06	0.02	-0.02	0.31	0.01	-0.16	-0.14	-0.05	-0.04	-0.07	-0.05	-0.06	-0.06	-0.06	-0.05	-0.06	-0.06	-0.05	-0.08	-0.07	-0.07	-0.07	-0.02	0.03	0.05	0.05	0.04
Income before tax	0.17	0.01	0.43	0.81	0.55	0.69	0.77	0.57	0.24	0.56	0.47	0.42	0.51	0.38	1.47	0.76	1.69	0.41	0.77	0.73	0.50	1.18	1.01	0.38	0.30	0.59	0.68	0.86	0.54
Income tax expense	-0.10	-0.03	0.00	0.16	0.11	0.72	0.17	0.12	0.05	0.12	0.18	0.19	0.12	0.10	0.14	0.17	0.30	0.07	0.29	0.23	0.10	0.29	0.26	0.11	0.19	0.14	0.18	0.07	0.14
Net income	0.24	0.05	0.43	0.59	0.41	2.55	0.45	2.34	0.27	0.42	0.36	0.20	0.37	0.27	1.31	0.57	1.38	0.32	0.47	0.49	0.38	0.88	0.74	0.26	0.10	0.44	0.49	0.78	0.40

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Total cash and short-term investments +	1.56	3.97	9.85	3.52	2.99	4.63	0.95	1.13	1.32
Cash and cash equivalents	1.56	3.97	9.85	3.52	2.99	3.12	0.95	1.13	1.32
Short-term investments						1.51
Accounts receivable, net	2.64	2.65	2.08	3.37	2.91	3.44	3.35	3.24	2.66
Inventories	2.48	2.30	1.82	2.64	1.97	1.63	1.33	1.36	1.53
Other current assets	1.86	0.97	5.82	0.35	3.54	0.34	0.33	0.38	0.49
Total current assets	8.53	9.89	19.58	9.88	11.41	8.52	5.96	6.11	6.00
Total non-current assets +	28.66	27.51	13.25	16.21	14.77	16.57	16.45	15.63	15.99
Property, plant and equipment, net				2.24	1.83	1.81	2.50	1.65	1.68
Goodwill	15.50	14.60	7.52	9.98	9.35	10.14	9.88	9.85	10.07
Intangible assets	6.33	6.43	0.95	1.34	0.51	1.04	1.08	1.21	1.30
Long-term investments	1.32	1.19	1.14	1.15	1.59	1.51	1.74	1.77
Other non-current assets
Total assets	37.19	37.40	32.82	26.09	26.17	25.09	22.41	21.74	21.99

Total current liabilities +	7.11	7.89	6.98	6.03	6.63	5.11	4.47	4.47	4.25
Accounts payable	2.70	2.46	2.48	2.83	2.33	1.94	1.70	1.94	1.81
Short-term debt	0.47	1.25	0.05	0.14	0.18	0.35	0.40	0.48	0.02
Current portion of long-term debt	0.47	1.25	0.05	0.14	0.18	0.19
Deferred revenue
Other current liabilities	2.87	2.50	3.28	2.00	3.13	2.08	1.61	1.73	2.42
Total non-current liabilities +	15.95	15.12	16.84	11.98	12.45	13.41	3.50	3.00	2.95
Long-term debt	11.37	11.03	14.24	8.70	9.51	10.04
Capital lease obligations	0.42	0.43	0.39	0.53	0.53	0.80	0.68	0.00
Other non-current liabilities	2.14	1.43	1.60	0.35	1.68	2.89	0.99	1.03
Total liabilities	23.06	23.01	23.82	18.01	19.08	18.52	7.97	7.47	7.20

Total stockholders' equity +	13.80	14.08	8.68	7.76	6.77	6.25	14.10	13.92	14.41
Common stock and paid-in capital	1.61	2.60	2.09	1.89	3.90	4.61	14.10	13.92	14.41
Retained earnings	12.19	11.48	6.59	5.87	2.87	1.64
Common shares outstanding	847	912	853	861	890	880	866	873	873

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19
Total cash and short-term investments +	1.37	1.56	1.42	1.80	1.70	3.97	2.23	2.92	1.31	9.85	3.90	3.21	3.35	3.52	2.99	3.02	3.60	2.99	4.29	4.20	4.13	4.63	5.54	2.70	0.77	0.95	0.00	0.00	1.13
Cash and cash equivalents	1.37	1.56	1.42	1.80	1.70	3.97	2.23	2.92	1.31	9.85	3.90	3.21	3.35	3.52	2.99	3.02	3.60	2.99	2.67	2.63	2.60	3.12	3.85	2.70	0.77	0.95			-1.13
Short-term investments																			1.62	1.57	1.53	1.51	1.70						2.26
Accounts receivable, net	3.13	2.64	3.13	3.37	2.98	2.65	2.73	3.52	3.48	2.08	3.64	3.79	3.60	3.37	3.67	3.54	3.25	2.91	3.17	3.82	3.53	3.44	3.63	3.43	3.33	3.35
Inventories	2.58	2.48	3.00	2.89	2.65	2.30	2.65	3.05	3.19	1.82	2.56	2.70	2.80	2.64	2.66	2.35	2.36	1.97	1.93	1.89	1.85	1.63	1.58	1.64	1.56	1.33
Other current assets	1.93	1.86	1.28	1.07	1.12	0.97	3.60	2.09	3.74	5.82	0.41	0.44	0.41	0.35	0.42	0.37	0.39	3.54	3.53	0.42	0.35	0.34	0.28	0.28	0.32	0.33
Total current assets	9.02	8.53	8.84	9.13	8.44	9.89	11.19	11.57	11.72	19.58	10.51	10.14	10.16	9.88	9.74	9.28	9.60	11.41	11.30	8.75	8.33	8.52	9.33	8.05	5.97	5.96			1.13
Total non-current assets +	28.17	28.66	29.24	29.36	28.00	27.51	29.01	28.85	29.10	13.25	16.03	16.14	16.25	16.21	15.61	14.39	14.59	14.77	14.49	16.98	16.54	16.57	16.39	16.12	16.03	16.45			-1.13
Property, plant and equipment, net											2.79	2.26	2.28	2.24	2.06	2.40	1.83	1.83	2.39	2.62	2.55	1.81	2.50	2.49	2.50
Goodwill	15.31	15.50	15.68	15.67	14.96	14.60	15.29	15.25	15.37	7.52	9.83	9.93	9.99	9.98	9.62	9.07	9.29	9.35	9.24	10.28	10.08	10.14	9.91	9.74	9.65	9.88
Intangible assets	5.99	6.33	6.56	6.77	6.48	6.43	7.12	7.05	7.35	0.95	1.10	1.18	1.29	1.34	1.31	0.46	0.49	0.51	0.48	1.07	1.00	1.04	1.02	1.02	1.01	1.08
Long-term investments	1.33	1.32	1.38	1.35	1.25	1.19	1.29	1.22	1.16	1.14	1.17	1.14	1.10	1.15	1.15	1.67	1.64	1.59	1.62	1.57	1.53	1.51	1.70	1.70	1.66	1.74
Other non-current assets
Total assets	37.19	37.19	38.08	38.49	36.45	37.40	40.20	40.42	40.81	32.82	26.54	26.28	26.41	26.09	25.35	23.66	24.19	26.17	25.79	25.74	24.87	25.09	25.73	24.18	22.00	22.41

Total current liabilities +	8.59	7.11	7.75	7.83	7.01	7.89	10.38	10.68	8.64	6.98	6.35	6.23	5.96	6.03	6.01	5.55	5.53	6.63	6.07	5.60	5.14	5.11	5.18	4.79	4.45	4.47
Accounts payable	2.98	2.70	2.96	3.21	3.02	2.46	2.83	3.18	3.07	2.48	2.89	2.96	2.93	2.83	2.82	2.40	2.52	2.33	2.16	2.36	2.18	1.94	2.02	1.77	1.78	1.70
Short-term debt	1.74	0.47	0.58	0.11	0.10	1.39	2.10	2.05	1.25	0.05	0.13	0.13	0.14	0.14	0.22	0.27	0.26	0.18	0.13	0.13	0.15	0.35	0.22	0.30	0.22	0.40
Current portion of long-term debt	1.74	0.47	0.58	0.11	0.10	1.25	2.10	2.05	1.25	0.05	0.13	0.13	0.14	0.14	0.22	0.27	0.26	0.18	0.13	0.13	0.15	0.19	0.22	0.30	0.22
Deferred revenue
Other current liabilities	2.01	2.87	3.01	3.29	2.74	2.92	4.31	4.01	2.99	3.28	2.12	1.97	1.74	2.00	1.92	1.86	1.81	3.13	2.91	2.08	1.80	2.08	2.01	1.83	1.52	1.61
Total non-current liabilities +	14.80	15.95	15.49	15.65	15.24	15.12	14.78	15.67	20.27	16.84	11.69	11.76	11.99	11.98	11.87	11.12	11.23	12.45	12.50	13.01	12.91	13.41	15.11	15.02	14.52	3.50
Long-term debt	10.42	11.37	11.34	11.34	11.08	11.03	10.34	11.27	15.65	14.24	8.65	8.66	8.71	8.70	8.67	8.30	8.31	9.51	9.56	9.60	9.58	10.04	11.75	11.73	11.03
Capital lease obligations	0.42	0.42	0.42	0.44	0.44	0.43	0.45	0.50	0.51	0.39	0.47	0.49	0.51	0.53	0.51	0.49	0.49	0.53	0.52	0.64	0.62	0.80	0.68	0.69	0.71	0.68
Other non-current liabilities	2.09	2.14	1.57	1.56	1.48	1.43	1.55	1.47	1.58	1.60	1.69	2.55	2.70	0.35	2.68	2.49	2.56	1.68	1.68	1.71	1.73	2.89	1.74	1.70	1.17	0.99
Total liabilities	23.39	23.06	23.24	23.48	22.25	23.01	25.16	26.35	28.90	23.82	18.04	18.00	17.94	18.01	17.89	16.67	16.76	19.08	18.57	18.62	18.05	18.52	20.29	19.81	18.98	7.97

Total stockholders' equity +	13.45	13.80	14.51	14.71	13.86	14.08	14.69	13.77	11.56	8.68	8.18	7.97	8.13	7.76	7.15	6.70	7.10	6.77	6.90	6.76	6.49	6.25	5.10	4.03	2.70	14.10			14.27
Common stock and paid-in capital	1.02	1.61	1.98	2.41	1.96	2.60	5.39	4.91	4.70	2.09	1.70	1.84	1.90	1.89	1.28	2.13	2.86	3.90	4.13	4.45	4.46	4.61	4.16	3.84	2.70	14.10	0.00	0.00	14.27
Retained earnings	12.43	12.19	12.53	12.29	11.90	11.48	9.30	8.85	6.86	6.59	6.49	6.13	6.24	5.87	5.88	4.56	4.24	2.87	2.77	2.31	2.03	1.64	0.93	0.19
Common shares outstanding	843	847	859	866	878	903	915	915	913	854	855	851	852	852	857	863	874	889	892	891	890	866	882	871	866	866	873	873	873

about 2 months ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Operating cash flow +	2.09	0.56	2.61	1.74	2.24	1.69	2.06	2.06	2.10
Net income
Depreciation, depletion and amortization	1.27	1.23	0.49	0.38	0.34	0.34	0.34	0.36	0.37
Stock-based compensation	0.07	0.09	0.07	0.08	0.09	0.08	0.05	0.04	0.03
Change in inventory	-0.08	0.29	0.12	-0.33	-0.41	-0.24	0.00	-0.15	-0.10
Other working capital changes	0.82	-1.05	1.92	1.62	2.22	1.52	1.68	1.81	1.79
Cash flow from investing +	-0.34	-2.03	-0.66	1.75	-0.69	1.11	-0.26	0.42	0.27
Capital expenditures	-0.39	-0.52	-0.44	-0.35	-0.34	-0.31	-0.24	-0.26	-0.33
Others incl. marketable securities changes	0.05	-1.51	-0.22	2.10	-0.35	1.42	-0.02	0.68	0.60
Cash flow from financing +	-4.67	-4.64	4.61	-2.93	-1.56	-0.68	-1.98	-2.63	-2.19
Dividend payout	-0.77	-0.67	-0.62	-0.51	-0.42	-0.14	-0.14	-0.14	-0.14
Common stock repurchases	-2.89	-1.94	-0.06	-1.38	-0.53	0.00			-0.29
Net Debt Issuance	-1.01	-2.02	5.29	-1.04	-0.62	-0.54	-1.84	-2.49	-1.77

Change in cash	-2.93	-6.10	6.56	0.56	-0.02	2.12	-0.18	-0.16	0.18

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19
Operating cash flow +	0.08	1.01	0.34	0.65	0.48	0.13	-0.27	0.66	0.04	1.06	1.04	0.38	0.12	1.12	0.79	0.03	-0.20	0.91	0.58	0.56	0.18	0.20	0.94	0.51	0.05	1.01	0.62	0.55	-0.18
Net income
Depreciation, depletion and amortization	0.32	0.33	0.33	0.32	0.30	0.32	0.31	0.29	0.31	0.14	0.13	0.14	0.14	0.12	0.10	0.08	0.08	0.09	0.08	0.09	0.08	0.10	0.08	0.08	0.08	0.08	0.08	0.08	0.09
Stock-based compensation	0.02	0.02	0.01	0.02	0.02	0.02	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.02	0.01	0.01
Change in inventory	-0.14	0.45	-0.12	-0.11	-0.30	0.22	0.07	0.09	-0.08	0.23	0.07	0.07	-0.13	0.16	-0.06	-0.05	-0.39	-0.06	-0.13	0.04	-0.25	0.00	0.09	-0.06	-0.26	0.27	0.07	-0.11	-0.23
Other working capital changes	-0.12	0.22	0.12	0.42	0.46	-0.42	-0.68	0.26	-0.20	0.68	0.82	0.16	0.09	0.82	0.73	-0.02	0.09	0.86	0.61	0.42	0.33	0.09	0.75	0.47	0.22	0.65	0.45	0.57	-0.05
Cash flow from investing +	-0.07	-0.11	-0.12	-0.06	-0.02	3.09	1.16	4.81	-11.08	-0.23	-0.14	-0.20	-0.10	-0.30	-0.60	-0.18	2.82	-0.27	-0.13	-0.25	-0.05	0.88	0.33	0.03	-0.13	-0.06	-0.07	-0.04	-0.04
Capital expenditures	-0.09	-0.13	-0.12	-0.08	-0.06	-0.22	-0.09	-0.11	-0.10	-0.23	-0.09	-0.07	-0.07	-0.14	-0.09	-0.07	-0.06	-0.14	-0.07	-0.08	-0.05	-0.16	-0.06	-0.05	-0.05	-0.10	-0.05	-0.05	-0.04
Others incl. marketable securities changes	0.03	0.02	0.00	0.03	0.04	3.31	1.25	4.92	-10.98	0.00	-0.04	-0.12	-0.03	-0.16	-0.51	-0.11	2.88	-0.13	-0.05	-0.17	0.00	1.04	0.39	0.07	-0.08	0.04	-0.02	0.01	0.00
Cash flow from financing +	-0.14	-0.79	-0.59	-0.55	-2.75	-1.69	-1.54	-3.79	2.38	5.30	-0.18	-0.29	-0.21	-0.35	-0.15	-0.41	-2.02	-0.34	-0.33	-0.26	-0.64	-1.85	-0.14	1.39	-0.08	-0.87	-0.60	-0.44	-0.06
Dividend payout	-0.20	-0.19	-0.19	-0.19	-0.20	-0.16	-0.18	-0.17	-0.16	-0.16	-0.16	-0.16	-0.15	-0.13	-0.13	-0.13	-0.13	-0.10	-0.10	-0.11	-0.10	-0.07	-0.07	-0.07	-0.07
Common stock repurchases	-0.31	-0.48	-0.79	-0.34	-1.29	-1.51	-0.43	0.00	0.00	0.00	0.00	0.00	-0.06	-0.12	-0.25	-0.28	-0.73	-0.25	-0.15	-0.09	-0.04
Net Debt Issuance	0.37	-0.12	0.39	-0.02	-1.26	-0.02	-0.93	-3.61	2.54	5.46	-0.03	-0.14	0.00	-0.10	0.22	-0.01	-1.16	0.02	-0.08	-0.06	-0.50	-1.79	-0.07	1.46	-0.01	-0.87	-0.60	-0.44	-0.06

Change in cash	-0.13	0.12	-0.37	0.05	-2.29	1.54	-0.65	1.68	-8.66	6.13	0.72	-0.11	-0.19	0.48	0.04	-0.56	0.60	0.31	0.13	0.05	-0.51	-0.78	1.13	1.93	-0.16	0.08	-0.06	0.08	-0.28