Company / Free Cash Flow
Carrier Global Free Cash Flow History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$2.1B
FY2025
5-year range
$44.0M / $2.2B
FY2021-FY2025
Trend
+4720.5%
vs FY2024
Sector context
#27 of 337
Industrials
What the data says
Free Cash Flow changed +4720% YoY in FY2025, a notable deviation from the 7-year average annual change of +666%.
Based on SEC 10-K filings.
$2.1B in FY2025 with a 5-year CAGR of +9.0%. Top quartile in the Industrials sector.
Declined from $2.2B to $2.1B over the past 2 years.
Industrials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +14.1%
- 5-Year CAGR
- +9.0%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 337This company $2.1B Sector average $628.1M
▼
+237.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +9.0%, indicating consistent growth.
- In FY2025, free cash flow increased 4720.5% year-over-year.
- Ranks #27 out of 337 companies in the Industrials sector.
- Peak free cash flow was recorded in FY2023.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.1B | +4720.5% |
| FY2024 | $44.0M | -98.0% |
| FY2023 | $2.2B | +52.0% |
| FY2022 | $1.4B | -24.7% |
| FY2021 | $1.9B | +37.2% |
| FY2020 | $1.4B | -24.2% |
| FY2019 | $1.8B | +1.6% |
| FY2018 | $1.8B | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026