Carrier Global (CARR)
Builds HVAC, energy-management and transport-refrigeration systems, backed by lifecycle services.
$55.50
vs last close+0.23 (+0.43%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,935 | 5,102 | 5,420 | 5,934 | 5,984 | 5,148 | 5,218 | 6,113 | 5,579 | 4,837 | 5,341 | 6,351 |
| Cost of revenue | 3,449 | 3,668 | 4,035 | 4,359 | 4,307 | 3,804 | 3,773 | 4,344 | 4,130 | 3,876 | 4,097 | 4,623 |
| Gross profit | 1,486 | 1,434 | 1,385 | 1,575 | 1,677 | 1,344 | 1,445 | 1,769 | 1,449 | 961 | 1,244 | 1,728 |
| 976 | 827 | 1,000 | 851 | 914 | 965 | 882 | 974 | 954 | 907 | 1,004 | 958 | |
| Research & development | 126 | 170 | 192 | 160 | 172 | 162 | 153 | 161 | 151 | 160 | 143 | 148 |
| 664 | 961 | 807 | 789 | 799 | 803 | 729 | 813 | 803 | 747 | 861 | 810 | |
| Selling & marketing | −167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 831 | 961 | 0 | 789 | 0 | 0 | 0 | 813 | 0 | 0 | 0 | 0 |
| Other expenses | 186 | −304 | 1 | −98 | −57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 510 | 607 | 385 | 724 | 763 | 379 | 563 | 795 | 495 | 54 | 240 | 770 |
| −39 | −48 | −141 | −157 | 7 | 314 | −15 | 17 | −62 | −49 | −70 | −49 | |
| Interest income | 34 | 63 | 15 | 18 | 139 | 37 | 30 | 24 | 19 | 96 | 21 | 0 |
| Interest expense | 73 | 97 | 156 | 175 | 131 | 118 | 112 | 115 | 116 | 2 | 111 | 105 |
| Other non-operating income | −34 | −63 | −15 | −18 | −138 | −432 | −97 | −132 | −54 | −66 | −41 | −56 |
| Income before tax | 471 | 559 | 244 | 567 | 770 | 693 | 548 | 812 | 433 | 5 | 170 | 721 |
| Income tax expense | 177 | 120 | 47 | 120 | 172 | 723 | 111 | 162 | −1 | −32 | −96 | 180 |
| Net income from continuing operations | 294 | 439 | 197 | 447 | 598 | −30 | 437 | 650 | 434 | 37 | 266 | 541 |
| Discontinued operations | 87 | 0 | 92 | 1,922 | −117 | 2,599 | 0 | −17 | 21 | 25 | −1 | 0 |
| Net income | 357 | 420 | 269 | 2,337 | 447 | 2,551 | 412 | 591 | 428 | 53 | 238 | 501 |
| EPS, basic | $0.43 | $0.50 | $0.30 | $2.59 | $0.50 | $2.87 | $0.48 | $0.71 | $0.50 | $0.06 | $0.29 | $0.60 |
| EPS, diluted | $0.42 | $0.49 | $0.29 | $2.55 | $0.49 | $2.82 | $0.47 | $0.70 | $0.50 | $0.06 | $0.28 | $0.60 |
| Weighted average shares, basic | 839 | 840 | 899 | 902 | 901 | 890 | 867 | 855 | 849 | 839 | 835 | 832 |
| Weighted average shares, diluted | 855 | 854 | 913 | 915 | 915 | 903 | 878 | 866 | 859 | 847 | 843 | 840 |
| EBITDA | 639 | 805 | 708 | 1,036 | 1,213 | 1,129 | 963 | 1,244 | 874 | 449 | 596 | 826 |
| Depreciation & amortization | 95 | 135 | 308 | 294 | 312 | 318 | 303 | 317 | 325 | 329 | 315 | 0 |
| EBIT | 544 | 670 | 400 | 742 | 901 | 811 | 660 | 927 | 549 | 120 | 281 | 826 |