Carrier GlobalÂ Corp (CARR) Financials

$59.71

$0.63 (1.07%)

As on 04-Sep-2026 18:32EDT

Market cap

$48,701 Mln

Revenue (TTM)

$22,108 Mln

P/E Ratio

41

P/B Ratio

3.6

Div. Yield

1.6 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	22,108.00	21,747.00	22,486.00	22,098.00	17,288.00	20,613.00
Cost of Revenue	16,726.00	16,123.00	16,505.00	15,715.00	12,991.00	14,633.00
Gross Profit	5,382.00	5,624.00	5,981.00	6,383.00	4,297.00	5,980.00
Operating Expenses	3,823.00	3,717.00	3,883.00	3,914.00	2,393.00	3,335.00
Operating Profit (EBIT)	1,559.00	1,907.00	2,098.00	2,296.00	1,904.00	2,645.00
Other Income	--	--	--	--	--	--
Profit before Tax	1,329.00	1,798.00	2,274.00	2,084.00	3,823.00	2,400.00
Provision for Tax	51.00	240.00	1,062.00	-644.00	616.00	699.00
Profit after Tax (Net Income)	1,220.00	1,484.00	5,604.00	1,440.00	3,534.00	1,664.00
Minority Interest	-103.00	-103.00	-104.00	-80.00	50.00	-37.00
Consolidated Profit	--	--	--	--	3,534.00	1,664.00

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	13,147.00	13,804.00	14,081.00	8,677.00	7,758.00	6,767.00
Minority Interest	-103.00	--	--	--	318.00	327.00
Non-Current Liabilities	14,669.00	15,948.00	15,116.00	16,836.00	11,978.00	12,451.00
Current Liabilities	9,231.00	7,114.00	7,892.00	6,981.00	6,032.00	6,627.00
Total Liabilities	46,603.00	37,190.00	37,403.00	32,822.00	26,086.00	26,172.00

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	27,958.00	28,657.00	27,512.00	13,246.00	16,207.00	14,765.00
Current Assets	9,414.00	8,533.00	9,891.00	19,576.00	9,879.00	11,407.00
Total Assets	46,603.00	37,190.00	37,403.00	32,822.00	26,086.00	26,172.00
Total Debt*	12,394.00	12,669.00	12,710.00	14,626.00	9,371.00	10,223.00
Net Current Assets	183.00	1,419.00	1,999.00	11,889.00	3,847.00	4,780.00

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	2,089.00	563.00	2,607.00	1,743.00	2,237.00
Cash Flow from Investing Activities	--	-343.00	-2,025.00	-660.00	1,745.00	-692.00
Cash from Financing Activities	--	-4,672.00	-4,636.00	4,612.00	-2,931.00	-1,562.00
Net Cash Inflow / Outflow	--	--	--	--	557.00	-17.00

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	1.44	1.75	6.20	1.69	4.15	1.87
Cash EPS ($)	--	3.26	7.57	2.31	4.59	2.25
Adjusted Book Value ($)	--	16.30	15.59	10.16	9.10	7.62
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	2.47	0.62	3.05	2.05	2.52
Free Cash Flow per Share ($)	--	2.00	0.05	2.54	1.63	2.13

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	5.57	22.37	7.12	20.72	9.71
ROE (%)	8.29	10.64	49.25	17.52	48.66	25.56
ROA (%)	2.63	3.98	15.96	4.89	13.53	6.49
EBIT Margin (%)	4.30	10.37	12.69	10.39	23.86	11.43
Net Margin (%)	5.52	6.82	24.92	6.52	20.44	8.07
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	-1.58	-0.03	0.02	0.28	-0.16	0.18
EBIT Growth (%)	-71.20	-20.95	24.30	-44.34	75.01	-25.25
Net Profit Growth (%)	-71.23	-73.52	289.17	-59.25	112.38	-16.04
EPS Growth (%)	-67.73	-0.72	2.68	-0.59	1.21	-0.18
Book Value Growth (%)	-7.76	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	41.03	30.15	11.00	34.08	9.95	28.96
Price / Book Value	3.59	3.24	4.38	5.66	4.53	7.12
Dividend Yield (%)	1.64	--	--	--	--	--
EV/EBITDA	18.92	15.82	17.23	23.45	9.21	20.57
Close Price ($)	73.35	52.84	68.26	57.45	41.25	54.24
High Price ($)	81.09	81.09	83.32	60.04	54.64	58.89
Low Price ($)	50.24	50.30	53.13	40.28	33.10	34.21
Market Cap ($ Cr)	48,701.12	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	0.78	0.92	0.90	1.69	1.21	1.51
Short term debt to equity ratio	0.12	0.03	0.09	0.01	0.02	0.03
Current Ratio	1.02	1.20	1.25	2.80	1.64	1.72
Quick Ratio	0.72	0.85	0.96	2.54	1.20	1.42
Interest Coverage	4.98	6.54	4.92	10.88	13.66	7.39

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	14.68	12.14	11.79	9.41	19.49	14.10
Asset Turnover	0.48	0.58	0.64	0.75	0.66	0.80
Receivable days	--	44.42	38.42	45.04	66.30	56.20
Inventory Days	--	54.17	45.61	51.86	64.81	44.92
Payable days	--	58.45	54.67	61.78	72.64	53.29
Cash Conversion Cycle	--	40.14	29.36	35.13	58.47	47.82

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.