CARR Q1 2021 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q1 2021 Earnings

Industrials Construction

Income Statement

Revenue

$4.7B+20.9% YoY

Gross Profit

$1.4B29.8% margin

Operating Income

$571M12.2% margin

Net Income

$384M8.2% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$184M

Free Cash Flow

$131M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$24.9B

Total Liabilities

$18.1B

Stockholders' Equity

$6.5B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$3.9B	+20.9%
Gross Profit	$1.4B	$1.1B	+24.6%
Operating Income	$571M	$315M	+81.3%
Net Income	$384M	$96M	+300.0%

Revenue Segments

Product

$3.9B82%

Service

$835M18%

Geographic Segments

UNITED STATES

$2.4B50%

Europe

$1.4B30%

Asia Pacific

$742M16%

Other Geographical Region

$206M4%