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

53.30 2.36 −4.24%
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

Carrier Global Corporation (CARR) Revenue growth

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Carrier Global Corporation's revenue growth over the twelve months to 30 September 2026 was 3.33%, up 6.6 percentage points from fiscal 2025 (−3.29%). Over the past ten years it has ranged from −16.1% (fiscal 2022) to 18.7% (fiscal 2024); the current reading is higher than 44% of that period. That is below the Building Products & Equipment industry median of 6.27% and below the Industrials sector median of 8.77%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −3.29% (21.94)
FY2024 18.7% 9.03
FY2023 9.62% 25.75
FY2022 −16.1% (34.22)
FY2021 18.1% 24.28
FY2020 −6.19% (4.57)
FY2019 −1.62% (7.79)
FY2018 6.17% 11.99
FY2017 −5.82% —

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 12.3% 8.37
Jun 2026 3.89% 1.53
Mar 2026 2.36% 8.40
Dec 2025 −6.04% 0.73
27 more quarters

Against its own ten years

Low −16.1% High 18.7%
Ten-year median −1.62%
Current reading's percentile 44

Revenue growth against peers

Company Revenue growth
TT Trane Technologies plc compare 10.3%
WMS Advanced Drainage Systems, Inc. compare 9.18%
JCI Johnson Controls International plc compare 8.77%
CSL Carlisle Companies Incorporated compare 3.96%
CARR Carrier Global Corporation 3.33%
LII Lennox International, Inc. compare 1.92%
MAS Masco Corporation compare 0.95%
OC Owens Corning Inc compare −8.38%
MAIR Madison Air Solutions Corporation compare —
Building Products & Equipment industry median 6.27%
Industrials sector median 8.77%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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