CARR Q4 2022 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q4 2022 Earnings

Industrials Construction

Income Statement

Revenue

$5.1B-0.5% YoY

Gross Profit

$1.2B24.4% margin

Operating Income

$433M8.5% margin

Net Income

$270M5.3% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$983M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$26.1B

Total Liabilities

$18.0B

Stockholders' Equity

$7.8B

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$5.1B	-0.5%
Gross Profit	$1.2B	$1.4B	-9.3%
Operating Income	$433M	$463M	-6.5%
Net Income	$270M	$324M	-16.7%

Revenue Segments

Product

$4.5B89%

Service

$578M11%

Geographic Segments

UNITED STATES

$2.7B53%

Europe

$1.2B23%

Asia Pacific

$1.1B21%

Other Geographical Region

$193M4%