
Carrier Global Corporation Income Statement 2025-2011 | CARR
Brief overview of income trends at Carrier Global Corporation
The figures are compared over a five-year interval. The revenue attributed to Carrier Global Corporation moved from $17.5 billion to $21.7 billion between the two endpoints. The cumulative result was +24.6%, corresponding to roughly 4.5% per year. The scale of the core business was largely unchanged.
EBITDA changed from $3.4 billion to $3.4 billion (+0.8%). The operating result developed less favorably than sales. At the operating-margin level, the figure shifted from 19.6% to 15.8%. Cost pressure reduced operating profitability.
Net profit was 2 billion dollars at the start and 1.5 billion dollars at the end. The decline reduces the quality of the financial trajectory.
Market capitalization changed from $31.2 billion to $54.2 billion (+73.7%). The share-price trend moved ahead of the financial performance.
Summary assessment
The results contain several connected negative signals. Caution is warranted because of declining net profitability, pressure on operating profitability and weak sales momentum. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Carrier Global Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
54.2 B | 58.9 B | 45.9 B | 37.5 B | 38.8 B | 31.2 B | - | - | - | - | - | - | - | - | - |
Shares |
852 M | 898 M | 837 M | 843 M | 868 M | 866 M | - | - | - | - | - | - | - | - | - |
Historical Prices |
63.6 | 65.6 | 54.9 | 44.4 | 44.8 | 36 | - | - | - | - | - | - | - | - | - |
Net Income |
1.48 B | 5.6 B | 1.35 B | 3.53 B | 1.7 B | 2.01 B | 2.12 B | 2.73 B | 1.23 B | - | - | - | - | - | - |
Revenue |
21.7 B | 22.5 B | 19 B | 17.3 B | 20.6 B | 17.5 B | 18.6 B | 18.9 B | 17.8 B | - | - | - | - | - | - |
Cost of Revenue |
- | 16.5 B | 13.8 B | 13 B | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | 5.42 B | 5.57 B | 5.18 B | - | - | - | - | - | - |
Operating Income |
2.17 B | 2.65 B | 2.16 B | 3.98 B | 2.64 B | 3.08 B | 2.49 B | 3.64 B | - | - | - | - | - | - | - |
EBITDA |
3.45 B | 3.88 B | 2.65 B | 4.31 B | 2.98 B | 3.42 B | 2.59 B | 2.84 B | 2.61 B | - | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | 3.16 B | 3.09 B | 2.95 B | - | - | - | - | - | - |
General and Administrative Expenses |
3.09 B | 3.2 B | 2.61 B | 1.98 B | 3.12 B | 2.82 B | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Carrier Global Corporation
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
835 M | 849 M | 855 M | 867 M | 901 M | 902 M | 899 M | 839 M | 836 M | 835 M | - | 840 M | 846 M | 853 M | 863 M | 868 M | 869 M | 869 M | 868 M | 866 M | 866 M | 866 M | - | 866 M | 866 M | 866 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
238 M | 428 M | 591 M | 412 M | 447 M | 2.34 B | 269 M | 357 M | 233 M | 387 M | - | 1.33 B | 587 M | 1.39 B | - | 480 M | 497 M | 392 M | 884 M | 741 M | 261 M | 96 M | 440 M | 492 M | 784 M | 400 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
5.34 B | 5.58 B | 6.11 B | 5.22 B | 5.98 B | 6.69 B | 5.42 B | 4.94 B | 5.99 B | 5.27 B | - | 5.45 B | 5.21 B | 4.65 B | - | 5.34 B | 5.44 B | 4.7 B | 4.59 B | 5 B | 3.97 B | 3.89 B | 4.5 B | 4.82 B | 4.96 B | 4.32 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
259 M | 539 M | 903 M | 629 M | 763 M | 3.69 B | 385 M | 510 M | 489 M | 555 M | - | 1.53 B | 819 M | 1.74 B | - | 828 M | 783 M | 571 M | 1.24 B | 1.08 B | 442 M | 315 M | 557 M | 629 M | 805 M | 500 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
574 M | 1.48 B | 1.12 B | 932 M | 976 M | 3.9 B | 693 M | 564 M | 550 M | 691 M | - | 1.56 B | 839 M | 1.82 B | - | 1.08 B | 808 M | 654 M | 1.24 B | 1.32 B | 601 M | 396 M | 557 M | 880 M | 972 M | 585 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
861 M | 803 M | 813 M | 729 M | 799 M | 789 M | 807 M | 664 M | 784 M | 721 M | - | 624 M | 614 M | 601 M | - | 748 M | 813 M | 743 M | - | 681 M | 637 M | 692 M | - | 702 M | 680 M | 684 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Carrier Global Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.