CARR Q2 2020 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q2 2020 Earnings

Industrials Construction

Income Statement

Revenue

$4.0B-20.0% YoY

Gross Profit

$1.1B28.9% margin

Operating Income

$442M11.1% margin

Net Income

$261M6.6% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$509M

Free Cash Flow

$463M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$24.2B

Total Liabilities

$19.8B

Stockholders' Equity

$4.0B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$5.0B	-20.0%
Gross Profit	$1.1B	$1.5B	-22.7%
Operating Income	$442M	$805M	-45.1%
Net Income	$261M	$784M	-66.7%

Revenue Segments

Product

$3.3B82%

Service

$697M18%

Geographic Segments

UNITED STATES

$2.2B55%

Europe

$969M24%

Asia Pacific

$645M16%

Other Geographical Region

$166M4%