Carrier Global Corporation
CARR Industrials Building Products & Equipment
Carrier Global Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.7 billion, down 3.29% from fiscal 2024.
- Revenue
- +12.3%
- EPS
- −718.2%
- Free cash flow
- +200.9%
- Total debt
- −3.71%
Quarter to September 2026, against a year earlier
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Carrier Global Corporation 8-K filed Nov 4, 2026
1.01 Entry into a material definitive agreement; 2.03 Creation of a direct financial obligation; 9.01 Financial statements and exhibits
What it says
On November 4, 2026, Carrier completed an offering of $750 million of 5.000% notes due 2029 and $750 million of 5.350% notes due 2033. It intends to use the proceeds to refinance existing debt, including its 2.493% notes due February 15, 2027, with remaining proceeds for general corporate and working capital purposes. The notes are unsecured senior obligations, with interest paid semi-annually beginning May 4, 2027.
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Carrier may redeem the notes at make-whole prices before October 4, 2029, for the 2029 notes and September 4, 2033, for the 2033 notes. After those dates, redemption is at 100% of principal plus accrued and unpaid interest.
on or after September 4, 2033, at a redemption price equal to 100% of the principal amount of the 2033 notes being redeemed, plus accrued and unpaid interest
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Following a change of control triggering event, holders can require purchase at 101% of principal plus accrued and unpaid interest, unless Carrier has exercised its redemption right.
each holder will have the right to require the Company to purchase all or a portion of such holder’s notes of the applicable series at a purchase price equal to 101% of the principal amount thereof
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The indenture includes qualified limitations on secured debt, sale and leaseback transactions, and certain mergers or asset transfers.
These covenants are subject to a number of important qualifications and limitations.