CARR Q3 2020 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q3 2020 Earnings

Industrials Construction

Income Statement

Revenue

$5.0B+3.7% YoY

Gross Profit

$1.6B31.2% margin

Operating Income

$1.1B21.6% margin

Net Income

$741M14.8% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+25.9%

Cash Flow

Operating Cash Flow

$937M

Free Cash Flow

$880M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$25.7B

Total Liabilities

$20.3B

Stockholders' Equity

$5.1B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.8B	+3.7%
Gross Profit	$1.6B	$1.5B	+6.8%
Operating Income	$1.1B	$629M	+71.9%
Net Income	$741M	$492M	+50.6%

Revenue Segments

Product

$4.2B84%

Service

$809M16%

Geographic Segments

UNITED STATES

$2.8B56%

Europe

$1.3B26%

Asia Pacific

$715M14%

Other Geographical Region

$200M4%