About Carrier Global Corporation
https://www.corporate.carrier.comCarrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.

CEO
David L. Gitlin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 587
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Citigroup
Buy

Goldman Sachs
Buy

RBC Capital
Outperform

Mizuho
Outperform

Baird
Outperform

Wolfe Research
Outperform
Grade Summary
Showing Top 6 of 11
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:93.13M
Value:$5.18B

CAPITAL RESEARCH GLOBAL INVESTORS
Shares:75.37M
Value:$4.19B

CAPITAL INTERNATIONAL INVESTORS
Shares:57.98M
Value:$3.22B
Summary
Showing Top 3 of 1,767
About Carrier Global Corporation
https://www.corporate.carrier.comCarrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $5.58B ▼ | $910M ▲ | $428M ▼ | 7.67% ▼ | $0.5 ▼ | $855M ▼ |
| Q2-2025 | $6.11B ▲ | $896M ▲ | $591M ▲ | 9.67% ▲ | $0.71 ▲ | $1.24B ▲ |
| Q1-2025 | $5.22B ▲ | $818M ▲ | $412M ▼ | 7.9% ▼ | $0.48 ▼ | $585M ▼ |
| Q4-2024 | $5.15B ▼ | $576M ▼ | $2.55B ▲ | 49.55% ▲ | $2.87 ▲ | $741M ▼ |
| Q3-2024 | $5.98B | $929M | $447M | 7.47% | $0.5 | $1.05B |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.42B ▼ | $38.08B ▼ | $23.24B ▼ | $14.51B ▼ |
| Q2-2025 | $1.8B ▲ | $38.49B ▲ | $23.48B ▲ | $14.71B ▲ |
| Q1-2025 | $1.7B ▼ | $36.45B ▼ | $22.25B ▼ | $13.86B ▼ |
| Q4-2024 | $3.97B ▲ | $37.4B ▼ | $23.01B ▼ | $14.08B ▼ |
| Q3-2024 | $2.23B | $40.2B | $25.16B | $14.69B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $434M ▼ | $341M ▼ | $-119M ▼ | $-591M ▼ | $-374M ▼ | $224M ▼ |
| Q2-2025 | $650M ▲ | $649M ▲ | $-55M ▼ | $-547M ▲ | $98M ▲ | $568M ▲ |
| Q1-2025 | $437M ▲ | $483M ▲ | $-23M ▼ | $-2.75B ▼ | $-2.27B ▼ | $420M ▲ |
| Q4-2024 | $-30M ▼ | $132M ▲ | $3.09B ▲ | $-1.69B ▼ | $1.73B ▲ | $-85M ▲ |
| Q3-2024 | $598M | $-269M | $1.16B | $-1.54B | $-683M | $-361M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Product | $8.68Bn ▲ | $4.65Bn ▼ | $5.48Bn ▲ | $4.91Bn ▼ |
Service | $1.13Bn ▲ | $570.00M ▼ | $640.00M ▲ | $670.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q1-2025 | Q3-2025 |
|---|---|---|---|---|
Asia Pacific | $750.00M ▲ | $980.00M ▲ | $940.00M ▼ | $960.00M ▲ |
Europe | $1.10Bn ▲ | $1.52Bn ▲ | $1.40Bn ▼ | $1.56Bn ▲ |
Other Geographical Region | $80.00M ▲ | $180.00M ▲ | $140.00M ▼ | $200.00M ▲ |
UNITED STATES | $1.70Bn ▲ | $3.43Bn ▲ | $2.74Bn ▼ | $2.86Bn ▲ |

CEO
David L. Gitlin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 587
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Citigroup
Buy

Goldman Sachs
Buy

RBC Capital
Outperform

Mizuho
Outperform

Baird
Outperform

Wolfe Research
Outperform
Grade Summary
Showing Top 6 of 11
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:93.13M
Value:$5.18B

CAPITAL RESEARCH GLOBAL INVESTORS
Shares:75.37M
Value:$4.19B

CAPITAL INTERNATIONAL INVESTORS
Shares:57.98M
Value:$3.22B
Summary
Showing Top 3 of 1,767




