← CARRIER GLOBAL Corp

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Accounts Receivable $2.7b $2.8b $2.4b $2.8b $2.5b $2.7b $2.6b
Accounts receivable, net $2.7b $2.8b $2.4b $2.8b $2.5b $2.7b $2.6b
Cash and Cash Equivalents, at Carrying Value $952.0m $3.1b $3.0b $3.5b $10.0b $4.0b $1.6b
Cash and cash equivalents $952.0m $3.1b $3.0b $3.5b $10.0b $4.0b $1.6b
Inventories, net $1.3b $1.6b $2.0b $2.6b $2.2b $2.3b $2.5b
Inventory, Net $1.3b $1.6b $2.0b $2.6b $2.2b $2.3b $2.5b
Assets, Current $6.0b $8.5b $11.4b $9.9b $18.8b $9.9b $8.5b
Total current assets $6.0b $8.5b $11.4b $9.9b $18.8b $9.9b $8.5b
Property, Plant and Equipment, Net $1.7b $1.8b $1.8b $2.2b $2.3b $3.0b $3.2b
Goodwill $9.9b $10.1b $9.3b $10.0b $8.0b $14.6b $15.5b
Intangible Assets, Net (Excluding Goodwill) $1.1b $1.0b $509.0m $1.3b $1.0b $6.4b $6.3b
Intangible assets, net $1.1b $1.0b $509.0m $1.3b $1.0b $6.4b $6.3b
Operating Lease, Right-of-Use Asset $832.0m $788.0m $640.0m $642.0m $491.0m $554.0m $546.0m
Operating lease right-of-use assets $832.0m $788.0m $640.0m $642.0m $491.0m $554.0m $546.0m
Other Assets, Noncurrent $256.0m $279.0m $242.0m $219.0m $330.0m $558.0m $668.0m
Other assets $256.0m $279.0m $242.0m $219.0m $330.0m $558.0m $668.0m
Additional Financial Items
Accrued Liabilities, Current $2.1b $2.5b $2.6b $2.6b $2.8b $4.2b $3.8b
Assets held for sale — $0 $3.2b $0 $3.3b $0 $592.0m
Equity method investments $1.7b $1.5b $1.6b $1.1b $1.1b $1.2b $1.3b
Fixed assets, net $1.7b $1.8b $1.8b $2.2b $2.3b $3.0b $3.2b
Future income tax benefits $500.0m $449.0m $563.0m $612.0m $739.0m $1.1b $1.1b
Future income tax obligations $1.1b $479.0m $354.0m $568.0m $535.0m $2.0b $1.8b
Liabilities held for sale — $0 $1.1b $0 $862.0m $0 $170.0m
Non-controlling interest $333.0m $326.0m $327.0m $318.0m $328.0m $314.0m $324.0m
Operating lease liabilities $682.0m $642.0m $527.0m $529.0m $391.0m $432.0m $418.0m
Other assets, current $327.0m $343.0m $376.0m $349.0m $447.0m $972.0m $1.3b
Total Equity $14.4b $6.6b $7.1b $8.1b $9.0b $14.4b $14.1b
Assets $22.4b $25.1b $26.2b $26.1b $32.8b $37.4b $37.2b
Total assets $22.4b $25.1b $26.2b $26.1b $32.8b $37.4b $37.2b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.7b $1.9b $2.3b $2.8b $2.7b $2.5b $2.7b
Accounts payable $1.7b $1.9b $2.3b $2.8b $2.7b $2.5b $2.7b
Accrued liabilities $2.1b $2.5b $2.6b $2.6b $2.8b $4.2b $3.8b
Dividends Payable — — $130 $158 $161 $199 $201
Dividends Payable, Current $0 $105.0m — — — — —
Long-term Debt, Current Maturities $237.0m $191.0m $183.0m $140.0m $51.0m $1.3b $108.0m
Long-term Debt, Excluding Current Maturities $82.0m $10.0b $9.5b $8.7b $14.2b $11.0b $11.4b
Operating Lease, Liability, Current $163.0m $161.0m $130.0m $132.0m $108.0m $135.0m $142.0m
Operating Lease, Liability, Noncurrent $682.0m $642.0m $527.0m $529.0m $391.0m $432.0m $418.0m
Short-term borrowings and current portion of long-term debt — — — — — $1.3b $468.0m
Liabilities, Current $4.5b $5.1b $6.6b $6.0b $6.9b $7.9b $7.1b
Total current liabilities $4.5b $5.1b $6.6b $6.0b $6.9b $7.9b $7.1b
Deferred Income Tax Liabilities, Net $1.1b $479.0m $354.0m $568.0m $535.0m $2.0b $1.8b
Future pension and post-retirement obligations $456.0m $524.0m $380.0m $349.0m $155.0m $214.0m $192.0m
Long-term debt $82.0m $10.0b $9.5b $8.7b $14.2b $11.0b $11.4b
Other Liabilities, Noncurrent $1.2b $1.7b $1.7b $1.8b $1.6b $1.4b $2.1b
Other long-term liabilities $1.2b $1.7b $1.7b $1.8b $1.6b $1.4b $2.1b
Pension and post-retirement assets $490.0m $554.0m $43.0m $26.0m $32.0m $43.0m $56.0m
Liabilities $8.0b $18.5b $19.1b $18.0b $23.8b $23.0b $23.1b
Total Liabilities $8.0b $18.5b $19.1b $18.0b $23.8b $23.0b $23.1b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.3b) ($745.0m) ($989.0m) ($1.7b) ($1.5b) ($2.1b) ($269.0m)
Accumulated other comprehensive income (loss) ($1.3b) ($745.0m) ($989.0m) ($1.7b) ($1.5b) ($2.1b) ($269.0m)
Additional Paid in Capital $0 $5.3b $5.4b $5.5b $5.5b $8.6b $8.7b
Additional paid-in capital $0 $5.3b $5.4b $5.5b $5.5b $8.6b $8.7b
Common Stock, Value, Issued $0 $9.0m $9.0m $9.0m $9.0m $9.0m $10.0m
Common stock, par value $0.01; 4,000,000,000 shares authorized; 950,633,287 and 948,068,772 shares issued; 836,141,122 and 878,337,677 outstanding as of December 31, 2025 and 2024, respectively 0 9.0m 9.0m 9.0m 9.0m 9.0m 10.0m
Retained Earnings (Accumulated Deficit) $0 $1.6b $2.9b $5.9b $6.6b $11.5b $12.2b
Retained earnings $0 $1.6b $2.9b $5.9b $6.6b $11.5b $12.2b
Treasury stock - 114,891,176 and 70,093,639 common shares, respectively — — ($529.0m) ($1.9b) ($2.0b) ($3.9b) ($6.8b)
Stockholders' Equity Attributable to Noncontrolling Interest $333.0m $326.0m $327.0m $318.0m $328.0m $314.0m $324.0m
Liabilities and Equity $22.4b $25.1b $26.2b $26.1b $32.8b $37.4b $37.2b
Total Liabilities and Equity $22.4b $25.1b $26.2b $26.1b $32.8b $37.4b $37.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.