CARR Q3 2024 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q3 2024 Earnings

Industrials Construction

Income Statement

Revenue

$6.0B+21.3% YoY

Gross Profit

$1.7B28.3% margin

Operating Income

$763M12.8% margin

Net Income

$447M7.5% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

-$269M

Free Cash Flow

-$361M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$40.2B

Total Liabilities

$25.2B

Stockholders' Equity

$14.7B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$4.9B	+21.3%
Gross Profit	$1.7B	$1.5B	+13.6%
Operating Income	$763M	$510M	+49.6%
Net Income	$447M	$357M	+25.2%

Revenue Segments

Product

$5.3B89%

Service

$677M11%

Geographic Segments

UNITED STATES

$3.2B53%

Europe

$1.7B29%

Asia Pacific

$923M15%

Other Geographical Region

$184M3%