CARR Q4 2023 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q4 2023 Earnings

Industrials Construction

Income Statement

Revenue

$5.1B-0.1% YoY

Gross Profit

$1.4B28.1% margin

Operating Income

$607M11.9% margin

Net Income

$420M8.2% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$829M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$32.8B

Total Liabilities

$23.8B

Stockholders' Equity

$8.7B

Cash & Equivalents

$9.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$5.1B	-0.1%
Gross Profit	$1.4B	$1.2B	+14.9%
Operating Income	$607M	$433M	+40.2%
Net Income	$420M	$270M	+55.6%

Revenue Segments

Product

$9.8B94%

Service

$661M6%

Geographic Segments

UNITED STATES

$2.6B51%

Europe

$1.2B24%

Asia Pacific

$1.1B21%

Other Geographical Region

$213M4%