CARR Q1 2022 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q1 2022 Earnings

Industrials Construction

Income Statement

Revenue

$4.7B-1.0% YoY

Gross Profit

$1.3B27.8% margin

Operating Income

$1.7B37.3% margin

Net Income

$1.4B29.6% margin

EPS (Diluted)

$1.58

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

-$202M

Free Cash Flow

-$258M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$24.2B

Total Liabilities

$16.8B

Stockholders' Equity

$7.1B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.7B	-1.0%
Gross Profit	$1.3B	$1.4B	-7.4%
Operating Income	$1.7B	$571M	+204.2%
Net Income	$1.4B	$384M	+259.1%

Revenue Segments

Product

$4.2B90%

Service

$484M10%

Geographic Segments

UNITED STATES

$2.8B60%

Europe

$1.0B22%

Asia Pacific

$652M14%

Other Geographical Region

$173M4%