Carrier Global Corporation

CARR

CARRCarrier Global Corporation US flag

New York Stock Exchange

71.15

USD

+0.02

- -

59.10BMarket Cap

Income Statement (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	17,814	18,914	18,608	17,456	20,613	17,288	18,951	22,486	21,747
+ Sales & Services Revenue	17,814	18,914	18,608	17,456	20,613	17,288	18,951	22,486	21,747
- Cost of Revenue	12,629	13,345	13,189	12,347	14,633	12,991	13,789	16,505	16,123
+ Cost of Goods & Services	12,629	13,345	13,189	12,347	14,633	12,991	13,789	16,505	16,123
Gross Profit	5,185	5,569	5,419	5,109	5,980	4,297	5,162	5,981	5,624
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,948	3,089	3,162	3,239	3,623	2,393	3,100	3,883	3,717
+ Selling, General & Admin	2,584	2,689	2,761	2,820	3,120	1,977	2,607	3,197	3,092
+ Research & Development	364	400	401	419	503	416	493	686	625
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	2,237	2,480	2,257	1,870	2,357	1,904	2,062	2,098	1,907
- Non-Operating (Income) Loss	-817	-1,362	-415	-985	-43	-1,919	63	-176	109
+ Interest Expense, Net	115	-37	-27	288	306	219	160	371	364
+ Interest Expense	219	84	75	298	319	302	306	580	458
- Interest Income	104	121	102	10	13	83	146	209	94
+ Other Non-Op (Income) Loss	-932	-1,325	-388	-1,273	-349	-2,138	-97	-547	-255
Pretax Income	3,054	3,842	2,672	2,855	2,400	3,823	1,999	2,274	1,798
- Income Tax Expense (Benefit)	1,787	1,073	517	849	699	616	521	1,062	240
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,267	2,769	2,155	2,006	1,701	3,207	1,478	1,212	1,558
- Net Extraordinary Losses (Gains)	80	70	78	48	74	-277	220	-4,288	177
+ Discontinued Operations	- -	- -	- -	- -	- -	377	-38	4,496	29
+ Extraord. & Accounting Changes	80	70	78	48	74	-654	258	-8,784	148
Income (Loss) Incl. MI	1,187	2,699	2,077	1,958	1,627	3,484	1,258	5,500	1,381
- Minority Interest	-40	-35	-39	-24	-37	-50	-91	-104	-103
Net Income, GAAP	1,227	2,734	2,116	1,982	1,664	3,534	1,349	5,604	1,484
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1,227	2,734	2,116	1,982	1,664	3,534	1,349	5,604	1,484
EBIT	2,237	2,480	2,257	1,870	2,357	1,904	2,062	2,098	1,907
EBITDA	2,609	2,837	2,592	2,206	2,695	2,232	2,553	3,330	3,181
EBITDA Margin (%)	14.65	15	13.93	12.64	13.07	12.91	13.47	14.81	14.63
EBITA	2,237	2,480	2,257	1,870	2,357	1,904	2,062	2,098	1,907
Gross Margin (%)	29.11	29.44	29.12	29.27	29.01	24.86	27.24	26.6	25.86
Operating Margin (%)	12.56	13.11	12.13	10.71	11.43	11.01	10.88	9.33	8.77
Profit Margin (%)	6.89	14.45	11.37	11.35	8.07	20.44	7.12	24.92	6.82
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	0.16	0.48	0.6	0.74	0.75	0.91
Depreciation Expense	372	357	335	336	338	328	491	1,232	1,274
Basic Weighted Avg Shares	866	866	866	866	868	843	837	898	852
Basic EPS, GAAP	1.42	3.16	2.44	2.29	1.92	4.19	1.61	6.24	1.74
Basic EPS from Cont Ops	1.46	3.2	2.49	2.32	1.96	3.8	1.77	1.35	1.83
Diluted Weighted Avg Shares	873	873	866	880	890	861	853	912	862
Diluted EPS, GAAP	1.41	3.13	2.44	2.25	1.87	4.1	1.58	6.15	1.72
Diluted EPS from Cont Ops	1.45	3.17	2.49	2.28	1.91	3.72	1.73	1.33	1.81

Balance Sheet (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	6,109	5,959	8,524	11,407	9,879	19,576	9,891	8,533
+ Cash, Cash Equivalents & STI	- -	1,129	952	3,115	2,987	3,520	9,852	3,969	1,555
+ Cash & Cash Equivalents	- -	1,129	952	3,115	2,987	3,520	9,852	3,969	1,555
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	3,239	3,348	3,437	2,906	3,370	2,080	2,651	2,639
+ Accounts Receivable, Net	- -	2,549	2,444	2,781	2,403	2,833	2,080	2,651	2,639
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	690	904	656	503	537	- -	- -	- -
+ Inventories	- -	1,363	1,332	1,629	1,970	2,640	1,823	2,299	2,483
+ Raw Materials	- -	336	290	363	559	884	534	625	666
+ Work In Process	- -	102	120	143	197	230	245	213	245
+ Finished Goods	- -	925	922	1,123	1,214	1,526	1,044	1,461	1,572
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	378	327	343	3,544	349	5,821	972	1,856
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	15,628	16,447	16,569	14,765	16,207	13,246	27,512	28,657
+ Property, Plant & Equip, Net	- -	1,653	2,495	2,598	2,466	2,883	2,581	3,553	3,711
+ Property, Plant & Equip	- -	3,544	4,590	4,872	4,616	5,165	4,894	6,065	6,554
- Accumulated Depreciation	- -	1,891	2,095	2,274	2,150	2,282	2,313	2,512	2,843
+ LT Investments & Receivables	- -	1,770	1,739	1,513	1,593	1,148	1,140	1,194	1,321
+ LT Investments	- -	1,770	1,739	1,513	1,593	1,148	1,140	1,194	1,321
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	12,205	12,213	12,458	10,706	12,176	9,525	22,765	23,625
+ Total Intangible Assets	- -	11,063	10,967	11,176	9,858	11,319	8,465	21,033	21,827
+ Goodwill	- -	9,849	9,884	10,139	9,349	9,977	7,520	14,601	15,501
+ Other Intangible Assets	- -	1,214	1,083	1,037	509	1,342	945	6,432	6,326
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1,142	1,246	1,282	848	857	1,060	1,732	1,798
Total Assets	- -	21,737	22,406	25,093	26,172	26,086	32,822	37,403	37,190
+ Payables & Accruals	- -	3,994	3,626	4,407	4,895	5,443	5,480	6,556	6,476
+ Accounts Payable	- -	1,944	1,701	1,936	2,334	2,833	2,483	2,458	2,702
+ Accrued Taxes	- -	325	318	234	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1,725	1,607	2,237	2,561	2,610	2,997	4,098	3,774
+ ST Debt	- -	- -	400	191	183	140	51	1,336	468
+ ST Borrowings	- -	- -	237	191	183	140	51	1,336	468
+ ST Finance Leases	- -	- -	163	161	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	472	443	512	1,549	449	1,450	- -	170
+ Deferred Revenue	- -	472	443	512	415	449	425	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	1,134	- -	1,025	- -	170
Total Current Liabilities	- -	4,466	4,469	5,110	6,627	6,032	6,981	7,892	7,114
+ LT Debt	- -	- -	764	10,678	10,040	9,231	14,575	11,458	11,783
+ LT Borrowings	- -	- -	82	10,036	9,513	8,702	14,242	11,026	11,365
+ LT Finance Leases	- -	- -	682	642	527	529	333	432	418
+ Other LT Liabilities	- -	3,002	2,738	2,727	2,411	2,747	2,261	3,658	4,165
+ Accrued Liabilities	- -	1,280	1,099	479	354	568	523	2,015	1,833
+ Pension Liabilities	- -	419	456	524	380	349	149	214	192
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1,303	1,183	1,724	1,677	1,830	1,589	1,429	2,140
Total Noncurrent Liabilities	- -	3,002	3,502	13,405	12,451	11,978	16,836	15,116	15,948
Total Liabilities	- -	7,468	7,971	18,515	19,078	18,010	23,817	23,008	23,062
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	15,132	15,355	5,354	5,420	5,490	5,544	8,619	8,675
+ Common Stock	- -	15,132	15,355	9	9	9	9	9	10
+ Additional Paid in Capital	- -	- -	- -	5,345	5,411	5,481	5,535	8,610	8,665
- Treasury Stock	- -	- -	- -	- -	529	1,910	1,972	3,915	6,795
+ Retained Earnings	- -	- -	- -	1,643	2,865	5,866	6,591	11,483	12,193
+ Other Equity	- -	-1,215	-1,253	-745	-989	-1,688	-1,486	-2,106	-269
Equity Before Minority Interest	- -	13,917	14,102	6,252	6,767	7,758	8,677	14,081	13,804
+ Minority/Non Controlling Interest	- -	352	333	326	327	318	328	314	324
Total Equity	- -	14,269	14,435	6,578	7,094	8,076	9,005	14,395	14,128
Total Liabilities & Equity	- -	21,737	22,406	25,093	26,172	26,086	32,822	37,403	37,190
Shares Outstanding	- -	866	866	868	863	835	840	878	836
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	845	803	527	529	333	432	418
Net Debt	- -	-1,129	-633	7,112	6,709	5,322	4,441	8,393	10,278
Net Debt to Equity	- -	-7.91	-4.39	108.12	94.57	65.9	49.32	58.3	72.75
Tangible Common Equity Ratio	- -	30.04	30.32	-33.04	-16.94	-21.96	2.22	-40.55	-50.11
Current Ratio	- -	1.37	1.33	1.67	1.72	1.64	2.8	1.25	1.2
Cash Conversion Cycle	- -	19.11	35.71	45.9	38.74	51.01	31.59	30.87	40.77

Cash Flow Statement (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	1,267	2,769	2,155	2,006	1,701	3,207	1,478	1,212	1,558
+ Depreciation & Amortization	372	357	335	336	338	328	491	1,232	1,274
+ Non-Cash Items	231	-747	-67	-736	-119	-1,789	-220	-1,212	-345
+ Stock-Based Compensation	34	44	52	77	92	65	71	86	74
+ Deferred Income Taxes	872	133	-122	97	-74	-106	-243	-352	-401
+ Asset Impairment Charge	- -	- -	108	72	2	- -	- -	- -	- -
+ Other Non-Cash Adj	-675	-924	-105	-982	-139	-1,748	-48	-946	-18
+ Chg in Non-Cash Work Cap	228	-324	-360	86	317	-241	503	339	-398
+ (Inc) Dec in Accts Receiv	159	-278	-106	40	-144	-51	-161	-40	-98
+ (Inc) Dec in Inventories	-102	-151	-2	-240	-408	-173	123	292	-81
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	192	88	-296	237	829	-17	541	87	-219
+ Inc (Dec) in Other	-21	17	44	49	40	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	238	355	-1,008	424
Cash from Operating Activities	2,098	2,055	2,063	1,692	2,237	1,743	2,607	563	2,513
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-527	-1,380	-62	-1,944	-2,892
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-527	-1,380	-62	-1,944	-2,892
+ Net Change in LT Investment	- -	1,032	6	1,417	11	-194	-50	-264	105
+ Dec in LT Investment	- -	1,032	6	1,417	11	- -	- -	- -	105
+ Inc in LT Investment	- -	- -	- -	- -	- -	-194	-50	-264	- -
+ Net Cash From Acq & Div	472	722	6	- -	-366	2,292	-30	-10,256	-80
+ Cash from Divestitures	648	1,032	6	- -	- -	2,902	54	634	27
+ Cash for Acq of Subs	-176	-310	- -	- -	-366	-610	-84	-10,890	-107
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-201	-1,339	-271	-311	-337	-353	-580	8,495	-332
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	-56	-156	9,000	36
Cash from Investing Activities	271	415	-259	1,106	-692	1,745	-660	-2,025	-307
+ Dividends Paid	- -	- -	- -	-138	-417	-509	-620	-670	-772
+ Net Cash From Debt	- -	117	-31	9,873	-564	-843	5,498	-1,933	-1,164
+ Cash From Debt	- -	117	107	11,784	140	432	5,609	3,412	48
+ Repayments of Debt	- -	- -	-138	-1,911	-704	-1,275	-111	-5,345	-1,212
+ Other Financing Activities	-2,193	-2,744	-1,951	-10,416	-54	-199	-204	-89	156
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-2,193	-2,627	-1,982	-681	-1,562	-2,931	4,612	-4,636	-4,672
Effect of Foreign Exchange Rates	64	-39	1	45	-16	-56	88	-103	76
Net Changes in Cash	176	-157	-178	2,117	-17	557	6,559	-6,098	-2,466
EBITDA	2,609	2,837	2,592	2,206	2,695	2,232	2,553	3,330	3,181
EBITDA Margin (%)	14.65	15	13.93	12.64	13.07	12.91	13.47	14.81	14.63
Free Cash Flow	2,098	2,055	2,063	1,692	2,237	1,743	2,607	563	2,513
Net Cash Paid for Acquisitions	-472	-722	-6	- -	366	-2,292	30	10,256	80
Free Cash Flow to Firm	2,189	2,116	2,123	1,901	2,463	1,996	2,833	872	2,910
Free Cash Flow to Equity	- -	2,172	2,032	11,565	1,673	900	8,105	-1,370	1,349
Free Cash Flow per Basic Share	2.42	2.37	2.38	1.95	2.58	2.07	3.11	0.63	2.95
Price/Free Cash Flow	- -	- -	- -	19.62	21.59	20.38	18.8	110.54	18.13
Cash Flow to Net Income	1.71	0.75	0.97	0.85	1.34	0.49	1.93	0.1	1.69
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -