Carrier Global Income Statement
CARR / Industrials|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Carrier Global reported $21.7B in revenue and $1.5B in net income for FY2025. Revenue has grown at a 2.0% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.7B | $22.5B | $19.0B | $17.3B | $20.6B | $17.5B | $18.6B | $18.9B |
| Cost of Revenue | - | $16.5B | $13.8B | $13.0B | - | - | - | - |
| SG&A Expense | $3.1B | $3.2B | $2.6B | $2.0B | $3.1B | $2.8B | $2.8B | $2.7B |
| R&D Expense | $625.0M | $686.0M | $493.0M | $416.0M | $503.0M | $419.0M | $401.0M | $400.0M |
| Operating Income | $2.2B | $2.6B | $2.2B | $4.0B | $2.6B | $3.1B | $2.5B | $3.6B |
| Interest Expense | $458.0M | $580.0M | $306.0M | $238.0M | $319.0M | $298.0M | - | - |
| Income Tax | $240.0M | $1.1B | $521.0M | $616.0M | $699.0M | $849.0M | $517.0M | $1.1B |
| Net Income | $1.5B | $5.6B | $1.3B | $3.5B | $1.7B | $2.0B | $2.2B | $2.8B |
| EPS (Basic) | $1.74 | $4.19 | $1.61 | $4.19 | $1.92 | $3.16 | $2.44 | $3.16 |
| EPS (Diluted) | $1.72 | $4.10 | $1.58 | $4.10 | $1.87 | $3.16 | $2.44 | $3.16 |
| Shares Outstanding | 862.4M | 839.9M | 839.9M | 834.7M | 863.0M | 867.8M | 866.2M | 866.2M |
| Operating Margin | 10.0% | 11.8% | 11.4% | 23.0% | 12.8% | 17.7% | 13.4% | 19.2% |
| Profit Margin | 6.8% | 24.9% | 7.1% | 20.4% | 8.3% | 11.5% | 11.6% | 14.6% |