CARR Q3 2022 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q3 2022 Earnings

Industrials Construction

Income Statement

Revenue

$5.5B+2.1% YoY

Gross Profit

$1.5B27.1% margin

Operating Income

$1.5B28.0% margin

Net Income

$1.3B24.1% margin

EPS (Diluted)

$1.53

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$790M

Free Cash Flow

$699M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$25.4B

Total Liabilities

$17.9B

Stockholders' Equity

$7.2B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.5B	$5.3B	+2.1%
Gross Profit	$1.5B	$1.6B	-8.1%
Operating Income	$1.5B	$828M	+84.3%
Net Income	$1.3B	$469M	+179.7%

Revenue Segments

Product

$4.9B90%

Service

$560M10%

Geographic Segments

UNITED STATES

$3.2B58%

Asia Pacific

$1.1B20%

Europe

$1.0B19%

Other Geographical Region

$202M4%