NYSE:CARR
CARRIER GLOBAL Corp
CARRIER GLOBAL Corp's revenue fell 3.3% in fiscal 2025 to $21.7B while operating margin fell to 10.0%, its lowest in 8 years. Free cash flow was $2.1B, 9.8% of revenue, and the diluted share count fell 5.4%.Summary generated from CARRIER GLOBAL Corp's SEC filings. Latest annual report filed Feb 5, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$21.7B
Revenue growth−3.3%
Revenue, 5-yr CAGR+4.5%
Gross marginn/a
Operating margin10.0%
Net margin6.8%
ROIC8.0%
Return on equity10.4%
Debt / equity0.84
Free cash flow$2.1B
FCF margin9.8%
Share count change−5.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 20.6 | 17.3 | 19.0 | 22.5 | 21.7 |
| Operating income | 2.6 | 4.0 | 2.2 | 2.6 | 2.2 |
| Net income | 1.7 | 3.5 | 1.3 | 5.6 | 1.5 |
| Free cash flow | 1.9 | 1.4 | 2.2 | 0.0 | 2.1 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 28, 2026 - 8-KResults of operations and financial condition
Jul 28, 2026 - 4Insider transaction report
Jul 24, 2026 - 8-KDirector or officer change
Jul 24, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 30, 2026 - 8-KResults of operations and financial condition
Apr 30, 2026 - 8-KResults of a shareholder vote
Apr 16, 2026