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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
−732.0%
Free cash flow
+200.9%
Total debt
−3.71%

Quarter to September 2026, against a year earlier

52.86 0.35 −0.66%
Market cap
$43.5B
P/E
0.0×
Fwd P/E
47.7×
Dividend yield
1.80%
F-score
5/9
Altman Z
2.45
Beneish M
−2.56
Dividend safety
67/100
Overview Business Profile Earnings & Analysis
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Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Carrier Global Corporation (CARR) Operating cash flow

Alert me on Operating cash flow

Carrier Global Corporation's operating cash flow for fiscal 2025 was $2.5B, up 346.4% from $563.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.9B. Over the past ten years it has ranged from $563.0M (fiscal 2024) to $2.6B (fiscal 2023); the current reading is higher than 89% of that period. Carrier Global Corporation ranks 3rd of 34 Building Products & Equipment companies by operating cash flow.

Operating cash flow, annual

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Annual newest first

Period Operating cash flow Change
FY2025 $2.5B 346.36%
FY2024 $563.0M (78.40%)
FY2023 $2.6B 49.57%
FY2022 $1.7B (22.08%)
FY2021 $2.2B 32.21%
FY2020 $1.7B (17.98%)
FY2019 $2.1B 0.39%
FY2018 $2.1B (2.05%)
FY2017 $2.1B —

Quarterly newest first

Period Operating cash flow Change
Sep 2026 $813.0M (12.30%)
Jun 2026 $927.0M 1,073.42%
Mar 2026 $79.0M (92.40%)
Dec 2025 $1.0B 204.99%
29 more quarters

Against its own ten years

Low $563.0M High $2.6B
Ten-year median $2.1B
Current reading's percentile 89

Operating cash flow against peers

Company Operating cash flow
TT Trane Technologies plc compare $4.2B
JCI Johnson Controls International plc compare $3.9B
CARR Carrier Global Corporation $2.9B
OC Owens Corning Inc compare $1.6B
MAS Masco Corporation compare $1.2B
LII Lennox International, Inc. compare $989.3M
CSL Carlisle Companies Incorporated compare $897.2M
WMS Advanced Drainage Systems, Inc. compare $804.5M
MAIR Madison Air Solutions Corporation compare $742.3M

What Operating cash flow is

Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.

Reported line item

The full definition of Operating cash flow →

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