CARR Q3 2021 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q3 2021 Earnings

Industrials Construction

Income Statement

Revenue

$5.3B+6.8% YoY

Gross Profit

$1.6B30.1% margin

Operating Income

$828M15.5% margin

Net Income

$469M8.8% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$579M

Free Cash Flow

$505M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$25.8B

Total Liabilities

$18.6B

Stockholders' Equity

$6.9B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.3B	$5.0B	+6.8%
Gross Profit	$1.6B	$1.6B	+3.1%
Operating Income	$828M	$1.1B	-23.4%
Net Income	$469M	$741M	-36.7%

Revenue Segments

Product

$4.5B84%

Service

$831M16%

Geographic Segments

UNITED STATES

$2.8B53%

Europe

$1.4B27%

Asia Pacific

$869M16%

Other Geographical Region

$224M4%