CARR Q4 2024 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q4 2024 Earnings

Industrials Construction

Income Statement

Revenue

$5.1B+0.9% YoY

Gross Profit

$1.4B26.2% margin

Operating Income

$774M15.0% margin

Net Income

$2.6B49.6% margin

EPS (Diluted)

$2.82

QoQ Revenue Growth

-14.0%

Cash Flow

Operating Cash Flow

$132M

Free Cash Flow

-$85M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$37.4B

Total Liabilities

$23.0B

Stockholders' Equity

$14.1B

Cash & Equivalents

$4.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$5.1B	+0.9%
Gross Profit	$1.4B	$1.4B	-5.9%
Operating Income	$774M	$607M	+27.5%
Net Income	$2.6B	$420M	+507.4%

Revenue Segments

Product

$8.7B88%

Service

$1.1B12%

Geographic Segments

UNITED STATES

$1.7B47%

Europe

$1.1B30%

Asia Pacific

$750M21%

Other Geographical Region

$81M2%