CARRIER GLOBAL Corp CARR

Latest FY: 2025 Industrials Building Products & Equipment
Market Price $62.77
Market Cap $52.61B
P/E Ratio 36.49
Quick Peer Compare (Industrials):
Revenue (FY 2025) ↓-3.3% YoY
$21.75B
3-Yr CAGR: 2.1%
Net Income ↓-73.5% YoY
$1.48B
Net Margin: 6.8%
Free Cash Flow ↑4,720.5% YoY
$2.12B
FCF Yield: 4.03%
EPS (Diluted) ↓-72.0% YoY
$1.72
Basic: $1.74
Return on Equity Efficiency
458.0%
ROA: 4.0%
⚡ Elevated ROE due to low book equity from buybacks

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (CARR)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2018 $18,914.0M $5,569.0M $35.0M $3.16 $2,055.0M $1,792.0M
FY 2019 $18,608.0M -1.6% $5,419.0M $2,116.0M +5,945.7% $2.44 -22.8% $2,063.0M $1,820.0M +1.6%
FY 2020 $17,456.0M -6.2% $5,109.0M $1,982.0M -6.3% $2.25 -7.8% $1,692.0M $1,380.0M -24.2%
FY 2021 $20,613.0M +18.1% $5,980.0M $1,664.0M -16.0% $1.87 -16.9% $2,237.0M $1,893.0M +37.2%
FY 2022 $20,421.0M -0.9% $5,464.0M $3,534.0M +112.4% $4.10 +119.3% $1,743.0M $1,390.0M -26.6%
FY 2023 $22,098.0M +8.2% $6,383.0M $1,349.0M -61.8% $1.58 -61.5% $2,607.0M $2,138.0M +53.8%
FY 2024 $22,486.0M +1.8% $5,981.0M $5,604.0M +315.4% $6.15 +289.2% $563.0M $44.0M -97.9%
FY 2025 $21,747.0M -3.3% $5,624.0M $1,484.0M -73.5% $1.72 -72.0% $2,513.0M $2,121.0M +4,720.5%
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Valuation

Market Price $62.77
Market Cap $52.61B
Enterprise Value $62.53B
P/E Ratio 36.49
P/B Ratio 160.91
FCF Yield 4.03%
Dividend Yield 1.08%
Shares Outstanding 830,580,400
%

Profitability & Margins

Gross Margin 25.86%
Operating Margin 9.99%
Net Margin 6.82%
Return on Equity (ROE) 458.02%
Return on Assets (ROA) 3.99%
Asset Turnover 0.58x
Revenue 3-Yr CAGR 2.12%
🛡️

Financial Health & Liquidity

Current Ratio 2.26
Cash Ratio 0.41
Debt / Equity 35.410
Debt / Assets 0.308
Cash & Equivalents $1.55B
Total Debt $11.47B
Book Value / Share $0.39
💧

Cash Flow Efficiency

Operating Cash Flow $2.51B
Capital Expenditures (CapEx) $392.00M
Free Cash Flow $2.12B
OCF / Revenue 11.56%
FCF / Revenue 9.75%
FCF 3-Yr CAGR 15.13%
🏷️

Per Share Metrics

EPS (Diluted) $1.72
EPS (Basic) $1.74
Dividends / Share $0.68
Book Value / Share $0.39
EPS YoY Growth -72.03%
🏛️

Balance Sheet (FY 2025)

Total Assets $37.19B
Total Liabilities $23.06B
Stockholders' Equity $324.00M
Current Assets $8.53B
Current Liabilities $3.77B