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CARRIER GLOBAL Corp

CARR

$63.99 ▲ +0.03 (+0.05%) at close

8 Visible periods

29 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Neutral

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Analytical Summary

CARRIER GLOBAL Corp shows mixed fundamentals. Consider comparing against peers in the Industrials sector before making investment decisions.

Market Cap $54.5B

Dividend Yield 1.05%

Revenue Growth -3.3% ↘

Op. Margin 10.0% ↘

ROIC 16.6% ↗

FCF / Share $2.95 ↗

Trailing P/E 36.8x

Price / Book —

FCF Yield 4.6%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$21.75B

↓ -3.3% —

Net Income Profit after all expenses

$1.48B

↓ -73.5% —

Operating Margin Operating profit as % of sales

10.0%

↓ -15.1% 56th

FCF / Share Free cash flow per share

$2.95

↑ +370.3% —

Long-Term Debt Long-term obligations

$11.37B

↑ +3.1% —

Health Breakdown

Profitability ↓

Financial Health ↓

Cash Quality ↑

Dividend History

Dividend / share · sourced from SEC filings

$0.68 Latest / share

-15.1% YoY

+19.2% 6-yr CAGR

FY 2018

FY 2019

$0.28

FY 2020

$0.51

FY 2021

$0.64

FY 2022

$0.74

FY 2023

$0.80

FY 2024

$0.68

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	-3.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-166%)	18.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+273%)	-7.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-244%)	-0.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-119%)	18.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+262%)	-6.2% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-224%)	-1.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-132%)	—
EPS Growth YoY (%)	-72.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	287.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-61.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	118.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-16.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-6.1% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-22.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—
Net Income Growth YoY (%)	-73.5% Weak ↓ Weak Declining Year-over-year change in net income	315.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-62.4% Weak ↓ Weak Declining Year-over-year change in net income	110.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-15.2% Weak → Weak Stable Year-over-year change in net income	-6.9% Weak Weak Year-over-year change in net income	-22.2% Weak Weak Year-over-year change in net income	—
FCF Growth YoY (%)	370.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-79.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	50.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-19.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	32.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-18.0% Weak Weak Year-over-year change in free cash flow	0.4% Caution Caution Year-over-year change in free cash flow	—
Revenue CAGR 3Y (%)	2.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	2.9% Caution → Caution Stable Compound annual revenue growth over 3 years	2.8% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	3.1% Caution Caution Compound annual revenue growth over 3 years	2.9% Caution Caution Compound annual revenue growth over 3 years	—	—	—
Revenue CAGR 5Y (%)	4.5% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.9% Caution Caution Compound annual revenue growth over 5 years	0.0% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—
EPS CAGR 3Y (%)	-25.4% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	48.1% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-11.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	19.7% Excellent Excellent Compound annual EPS growth over 3 years	-15.3% Weak Weak Compound annual EPS growth over 3 years	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	10.0% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-17%)	11.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	11.4% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-5%)	22.1% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+84%)	12.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	17.7% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+47%)	13.4% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	19.2% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+60%)
Effective Tax Rate (%) (%)	13.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	46.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.1% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	16.5% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	29.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	29.7% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.3% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.9% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%
Profit Margin (%) (%)	6.8% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	24.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+212%)	7.1% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	17.6% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+119%)	8.3% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	11.5% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	11.6% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+45%)	14.6% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+83%)
FCF Margin (%) (%)	11.6% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	13.8% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.5% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	10.9% Fair → Fair Stable Free cash flow as a percentage of revenue Optimal: > 10%	9.7% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	10.9% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%
FCF / Net Income (x)	1.69x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.10x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.93x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.49x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.32x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.96x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution Caution Free cash flow relative to reported net income Optimal: > 1x

🎯 Is capital allocation efficient? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	16.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	12.8% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	21.2% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	629.8% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	5.8% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.1% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	6.6% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	17.3% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	10.1% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	12.3% Good Good Operating profit relative to total assets Optimal: > 10%	11.1% Good Good Operating profit relative to total assets Optimal: > 10%	—

⚖️ Is the balance sheet risky? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Interest Coverage (x)	4.74x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	4.56x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	7.06x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	14.95x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	8.29x Good Good Operating income divided by interest expense Optimal: > 5x	10.35x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$9.81B	$7.06B	$-9.85B	$-3.52B	$-2.99B	$7.11B	$-633.00M	$-1.13B
Debt / EBITDA (x)	3.30x Caution Caution Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.84x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	2.99x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.11x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$25.51	$25.03	$22.63	$24.21	$23.76	$20.15	$21.48	$21.84
Basic EPS, GAAP (USD)	$1.74	$6.24	$1.61	$4.19	$1.92	$2.29	$2.44	$3.16
Free Cash Flow per Share (USD)	$2.95	$0.63	$3.11	$2.07	$2.58	$1.95	$2.38	$2.37
Dividend per Share (USD)	$0.68	$0.80	$0.74	$0.64	$0.51	$0.28	—	—
Basic Weighted Avg Shares (shares)	852.40M	898.20M	837.30M	843.40M	867.70M	866.50M	866.20M	866.20M
Dividend Payout Ratio (%)	38.8% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	12.7% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	46.3% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	15.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	26.6% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	12.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$1.42B	$2.00B	$12.60B	$3.85B	$4.78B	$3.41B	$1.49B	—
LT Debt (USD)	$11.37B	$11.03B	—	—	—	$10.23B	$319.00M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$21.75B	$22.49B	$18.95B	$20.42B	$20.61B	$17.46B	$18.61B	$18.91B
Depreciation Expense (USD)	$1.27B	$1.23B	$491.00M	$380.00M	$338.00M	$336.00M	$335.00M	$357.00M
Net Income, GAAP (USD)	$1.48B	$5.60B	$1.35B	$3.58B	$1.70B	$2.01B	$2.15B	$2.77B
Operating Cash Flow (USD)	$2.51B	$563.00M	$2.61B	$1.74B	$2.24B	$1.69B	$2.06B	$2.06B

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 8 years · 30 quarters

CARRIER GLOBAL Corp

Analytical Summary

8-Year Financial Trajectory

Health Breakdown

Dividend History

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