CARR Q2 2022 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q2 2022 Earnings

Industrials Construction

Income Statement

Revenue

$5.2B-4.2% YoY

Gross Profit

$1.5B27.9% margin

Operating Income

$819M15.7% margin

Net Income

$573M11.0% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

-$34M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$23.7B

Total Liabilities

$16.7B

Stockholders' Equity

$6.7B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$5.4B	-4.2%
Gross Profit	$1.5B	$1.6B	-10.6%
Operating Income	$819M	$783M	+4.6%
Net Income	$573M	$487M	+17.7%

Revenue Segments

Product

$4.7B89%

Service

$549M11%

Geographic Segments

UNITED STATES

$3.2B61%

Europe

$1.1B21%

Asia Pacific

$713M14%

Other Geographical Region

$208M4%