Industrials · Building Products
Carrier Global: revenue, profit and dividends
In fiscal 2025, Carrier Global had revenue of $21.7B, up 4.5% a year on average since 2020, and net income of $1.48B (6.8% of revenue). It paid a dividend of $0.68 a share.
Revenue, fiscal 2025
average annual revenue growth since 2020 · −3.3% vs 2024
- Ticker
- CARR · NYSE
- Sector
- Industrials
- Sub-industry
- Building Products
- Headquarters
- Palm Beach Gardens, Florida
- Founded
- 2020 (1915, United Technologies spinoff)
- In the S&P 500 since
- April 3, 2020
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- CARRIER GLOBAL Corp · CIK 0001783180
Revenue and net income
Revenue went from $18.9B in 2018 to $21.7B in 2025.
Diluted earnings per share
Diluted EPS went from $3.16 in 2018 to $1.72 in 2025.
Dividends per share
Not raised in 2025.
Shares outstanding
From 866M in 2018 to 862M in 2025.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $2.12B in 2025, 9.8% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $21.7B | $1.48B | 6.8% | $1.72 | $0.68 | 862M | $2.51B | $392M | $2.12B |
| 2024 | $22.5B | $5.6B | 24.9% | $6.15 | $0.80 | 912M | $563M | $519M | $44M |
| 2023 | $19B | $1.35B | 7.1% | $1.58 | $0.74 | 853M | $2.61B | $439M | $2.17B |
| 2022 | $17.3B | $3.53B | 20.4% | $4.10 | $0.64 | 861M | $1.74B | $317M | $1.43B |
| 2021 | $20.6B | $1.66B | 8.1% | $1.87 | $0.51 | 890M | $2.24B | $344M | $1.89B |
| 2020 | $17.5B | $1.98B | 11.4% | $2.25 | $0.28 | 880M | $1.69B | $312M | $1.38B |
| 2019 | $18.6B | $2.12B | 11.4% | $2.44 | — | 866M | $2.06B | $243M | $1.82B |
| 2018 | $18.9B | $2.73B | 14.5% | $3.16 | — | 866M | $2.06B | $263M | $1.79B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Building Products companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.