CARR: Carrier Global Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Carrier Global Corp (CARR).
$61.24B Market Cap.
CARR Market Cap. (MRY)
CARR Shares Outstanding (MRY)
CARR Assets (MRY)
Total Assets
$37.40B
Total Liabilities
$23.01B
Total Investments
$1.19B
CARR Income (MRY)
Revenue
$22.49B
Net Income
$5.60B
Operating Expense
$3.88B
CARR Cash Flow (MRY)
CF Operations
$563.00M
CF Investing
-$2.02B
CF Financing
-$4.64B
CARR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $37,403,000,000 (13.96%) | $32,822,000,000 (25.82%) | $26,086,000,000 (-0.33%) | $26,172,000,000 (4.30%) |
Assets Current | $9,891,000,000 (-49.47%) | $19,576,000,000 (98.16%) | $9,879,000,000 (-13.40%) | $11,407,000,000 (33.82%) |
Assets Non-Current | $27,512,000,000 (107.70%) | $13,246,000,000 (-18.27%) | $16,207,000,000 (9.77%) | $14,765,000,000 (-10.89%) |
Goodwill & Intangible Assets | $21,033,000,000 (148.47%) | $8,465,000,000 (-25.21%) | $11,319,000,000 (14.82%) | $9,858,000,000 (-11.79%) |
Shareholders Equity | $14,081,000,000 (62.28%) | $8,677,000,000 (11.85%) | $7,758,000,000 (14.64%) | $6,767,000,000 (8.24%) |
Property Plant & Equipment Net | $3,553,000,000 (37.66%) | $2,581,000,000 (-10.48%) | $2,883,000,000 (16.91%) | $2,466,000,000 (-5.08%) |
Cash & Equivalents | $3,969,000,000 (-59.71%) | $9,852,000,000 (179.89%) | $3,520,000,000 (17.84%) | $2,987,000,000 (-4.11%) |
Accumulated Other Comprehensive Income | -$2,106,000,000 (-41.72%) | -$1,486,000,000 (11.97%) | -$1,688,000,000 (-70.68%) | -$989,000,000 (-32.75%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,194,000,000 (4.74%) | $1,140,000,000 (-0.70%) | $1,148,000,000 (-27.93%) | $1,593,000,000 (5.29%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,194,000,000 (4.74%) | $1,140,000,000 (-0.70%) | $1,148,000,000 (-27.93%) | $1,593,000,000 (5.29%) |
Inventory | $2,299,000,000 (26.11%) | $1,823,000,000 (-30.95%) | $2,640,000,000 (34.01%) | $1,970,000,000 (20.93%) |
Trade & Non-Trade Receivables | $2,651,000,000 (27.45%) | $2,080,000,000 (-26.58%) | $2,833,000,000 (17.89%) | $2,403,000,000 (-13.59%) |
Trade & Non-Trade Payables | $2,458,000,000 (-1.01%) | $2,483,000,000 (-12.35%) | $2,833,000,000 (21.38%) | $2,334,000,000 (20.56%) |
Accumulated Retained Earnings (Deficit) | $11,483,000,000 (74.22%) | $6,591,000,000 (12.36%) | $5,866,000,000 (104.75%) | $2,865,000,000 (74.38%) |
Tax Assets | $1,131,000,000 (57.52%) | $718,000,000 (17.32%) | $612,000,000 (8.70%) | $563,000,000 (25.39%) |
Tax Liabilities | $2,015,000,000 (285.28%) | $523,000,000 (-7.92%) | $568,000,000 (60.45%) | $354,000,000 (-26.10%) |
Total Debt | $12,710,000,000 (-13.10%) | $14,626,000,000 (56.08%) | $9,371,000,000 (-8.33%) | $10,223,000,000 (-5.94%) |
Debt Current | $1,252,000,000 (2354.90%) | $51,000,000 (-63.57%) | $140,000,000 (-23.50%) | $183,000,000 (-4.19%) |
Debt Non-Current | $11,458,000,000 (-21.39%) | $14,575,000,000 (57.89%) | $9,231,000,000 (-8.06%) | $10,040,000,000 (-5.97%) |
Total Liabilities | $23,008,000,000 (-3.40%) | $23,817,000,000 (32.24%) | $18,010,000,000 (-5.60%) | $19,078,000,000 (3.04%) |
Liabilities Current | $7,892,000,000 (13.05%) | $6,981,000,000 (15.73%) | $6,032,000,000 (-8.98%) | $6,627,000,000 (29.69%) |
Liabilities Non-Current | $15,116,000,000 (-10.22%) | $16,836,000,000 (40.56%) | $11,978,000,000 (-3.80%) | $12,451,000,000 (-7.12%) |
CARR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $22,486,000,000 (18.65%) | $18,951,000,000 (9.62%) | $17,288,000,000 (-16.13%) | $20,613,000,000 (18.09%) |
Cost of Revenue | $16,505,000,000 (19.70%) | $13,789,000,000 (6.14%) | $12,991,000,000 (-11.22%) | $14,633,000,000 (18.51%) |
Selling General & Administrative Expense | $3,197,000,000 (22.63%) | $2,607,000,000 (31.87%) | $1,977,000,000 (-36.63%) | $3,120,000,000 (10.64%) |
Research & Development Expense | $686,000,000 (39.15%) | $493,000,000 (18.51%) | $416,000,000 (-17.30%) | $503,000,000 (20.05%) |
Operating Expenses | $3,883,000,000 (25.26%) | $3,100,000,000 (29.54%) | $2,393,000,000 (-33.95%) | $3,623,000,000 (11.86%) |
Interest Expense | $371,000,000 (131.88%) | $160,000,000 (1.91%) | $157,000,000 (-48.69%) | $306,000,000 (6.25%) |
Income Tax Expense | $1,062,000,000 (103.84%) | $521,000,000 (-15.42%) | $616,000,000 (-11.87%) | $699,000,000 (-17.67%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $5,708,000,000 (296.39%) | $1,440,000,000 (-59.82%) | $3,584,000,000 (115.38%) | $1,664,000,000 (-16.04%) |
Net Income to Non-Controlling Interests | $104,000,000 (14.29%) | $91,000,000 (82.00%) | $50,000,000 (0%) | $0 (0%) |
Net Income | $5,604,000,000 (315.42%) | $1,349,000,000 (-61.83%) | $3,534,000,000 (112.38%) | $1,664,000,000 (-16.04%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $5,604,000,000 (315.42%) | $1,349,000,000 (-61.83%) | $3,534,000,000 (112.38%) | $1,664,000,000 (-16.04%) |
Weighted Average Shares | $898,200,000 (7.27%) | $837,300,000 (-0.72%) | $843,400,000 (-2.80%) | $867,700,000 (0.14%) |
Weighted Average Shares Diluted | $911,700,000 (6.88%) | $853,000,000 (-0.95%) | $861,200,000 (-3.27%) | $890,300,000 (1.15%) |
Earning Before Interest & Taxes (EBIT) | $7,037,000,000 (246.65%) | $2,030,000,000 (-52.87%) | $4,307,000,000 (61.37%) | $2,669,000,000 (-14.43%) |
Gross Profit | $5,981,000,000 (15.87%) | $5,162,000,000 (20.13%) | $4,297,000,000 (-28.14%) | $5,980,000,000 (17.05%) |
Operating Income | $2,098,000,000 (1.75%) | $2,062,000,000 (8.30%) | $1,904,000,000 (-19.22%) | $2,357,000,000 (26.04%) |
CARR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,025,000,000 (-206.82%) | -$660,000,000 (-137.82%) | $1,745,000,000 (352.17%) | -$692,000,000 (-162.57%) |
Net Cash Flow from Financing | -$4,636,000,000 (-200.52%) | $4,612,000,000 (257.35%) | -$2,931,000,000 (-87.64%) | -$1,562,000,000 (-129.37%) |
Net Cash Flow from Operations | $563,000,000 (-78.40%) | $2,607,000,000 (49.57%) | $1,743,000,000 (-22.08%) | $2,237,000,000 (32.21%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$5,881,000,000 (-189.79%) | $6,550,000,000 (1126.59%) | $534,000,000 (674.19%) | -$93,000,000 (-104.30%) |
Net Cash Flow - Business Acquisitions and Disposals | -$10,256,000,000 (-34086.67%) | -$30,000,000 (-101.31%) | $2,292,000,000 (726.23%) | -$366,000,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$264,000,000 (-428.00%) | -$50,000,000 (74.23%) | -$194,000,000 (-1863.64%) | $11,000,000 (-99.22%) |
Capital Expenditure | -$519,000,000 (-18.22%) | -$439,000,000 (-38.49%) | -$317,000,000 (7.85%) | -$344,000,000 (-10.26%) |
Issuance (Repayment) of Debt Securities | -$1,883,000,000 (-134.28%) | $5,493,000,000 (653.73%) | -$992,000,000 (-80.04%) | -$551,000,000 (-105.59%) |
Issuance (Purchase) of Equity Shares | -$1,944,000,000 (-3035.48%) | -$62,000,000 (95.51%) | -$1,380,000,000 (-161.86%) | -$527,000,000 (0%) |
Payment of Dividends & Other Cash Distributions | -$670,000,000 (-8.06%) | -$620,000,000 (-21.81%) | -$509,000,000 (-22.06%) | -$417,000,000 (-202.17%) |
Effect of Exchange Rate Changes on Cash | -$103,000,000 (-217.05%) | $88,000,000 (257.14%) | -$56,000,000 (-250.00%) | -$16,000,000 (-135.56%) |
Share Based Compensation | $86,000,000 (21.13%) | $71,000,000 (9.23%) | $65,000,000 (-29.35%) | $92,000,000 (19.48%) |
Depreciation Amortization & Accretion | $1,232,000,000 (150.92%) | $491,000,000 (49.70%) | $328,000,000 (-2.96%) | $338,000,000 (0.60%) |
CARR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 26.60% (-2.21%) | 27.20% (9.24%) | 24.90% (-14.14%) | 29.00% (-1.02%) |
Profit Margin | 24.90% (250.70%) | 7.10% (-65.20%) | 20.40% (151.85%) | 8.10% (-28.95%) |
EBITDA Margin | 36.80% (176.69%) | 13.30% (-50.37%) | 26.80% (83.56%) | 14.60% (-26.26%) |
Return on Average Equity (ROAE) | 41.40% (152.44%) | 16.40% (-66.67%) | 49.20% (99.19%) | 24.70% (-43.74%) |
Return on Average Assets (ROAA) | 14.10% (193.75%) | 4.80% (-66.20%) | 14.20% (118.46%) | 6.50% (-20.73%) |
Return on Sales (ROS) | 31.30% (192.52%) | 10.70% (-57.03%) | 24.90% (93.02%) | 12.90% (-27.93%) |
Return on Invested Capital (ROIC) | 35.50% (193.39%) | 12.10% (-58.98%) | 29.50% (86.71%) | 15.80% (-9.20%) |
Dividend Yield | 1.20% (-7.69%) | 1.30% (-13.33%) | 1.50% (66.67%) | 0.90% (28.57%) |
Price to Earnings Ratio (P/E) | 10.94 (-69.34%) | 35.68 (262.45%) | 9.85 (-65.15%) | 28.25 (71.50%) |
Price to Sales Ratio (P/S) | 2.73 (7.45%) | 2.54 (26.14%) | 2.01 (-11.87%) | 2.28 (21.96%) |
Price to Book Ratio (P/B) | 4.35 (-21.71%) | 5.55 (24.94%) | 4.45 (-35.99%) | 6.95 (32.84%) |
Debt to Equity Ratio (D/E) | 1.63 (-40.47%) | 2.75 (18.27%) | 2.32 (-17.67%) | 2.82 (-4.80%) |
Earnings Per Share (EPS) | 6.24 (287.58%) | 1.61 (-61.58%) | 4.19 (118.23%) | 1.92 (-16.16%) |
Sales Per Share (SPS) | 25.04 (10.61%) | 22.63 (10.42%) | 20.5 (-13.71%) | 23.76 (17.93%) |
Free Cash Flow Per Share (FCFPS) | 0.05 (-98.11%) | 2.59 (53.10%) | 1.69 (-22.50%) | 2.18 (36.97%) |
Book Value Per Share (BVPS) | 15.68 (51.28%) | 10.36 (12.67%) | 9.2 (17.94%) | 7.8 (8.09%) |
Tangible Assets Book Value Per Share (TABVPS) | 18.23 (-37.35%) | 29.09 (66.14%) | 17.51 (-6.87%) | 18.8 (17.06%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (-61.54%) | 26 (188.89%) | 9 (-55.00%) | 20 (53.85%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.7 (-59.07%) | 21.24 (140.65%) | 8.83 (-51.33%) | 18.14 (51.01%) |
Asset Turnover | 0.57 (-16.27%) | 0.68 (-2.87%) | 0.7 (-13.43%) | 0.8 (11.67%) |
Current Ratio | 1.25 (-55.31%) | 2.8 (71.18%) | 1.64 (-4.82%) | 1.72 (3.18%) |
Dividends | $0.8 (7.38%) | $0.74 (17.32%) | $0.64 (24.51%) | $0.51 (82.14%) |
Free Cash Flow (FCF) | $44,000,000 (-97.97%) | $2,168,000,000 (52.03%) | $1,426,000,000 (-24.67%) | $1,893,000,000 (37.17%) |
Enterprise Value (EV) | $71,896,739,662 (34.26%) | $53,551,225,964 (30.89%) | $40,913,787,494 (-24.98%) | $54,535,566,712 (31.43%) |
Earnings Before Tax (EBT) | $6,666,000,000 (256.47%) | $1,870,000,000 (-54.94%) | $4,150,000,000 (75.62%) | $2,363,000,000 (-16.53%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $8,269,000,000 (228.00%) | $2,521,000,000 (-45.61%) | $4,635,000,000 (54.14%) | $3,007,000,000 (-12.97%) |
Invested Capital | $17,219,000,000 (-22.26%) | $22,150,000,000 (51.86%) | $14,586,000,000 (-13.81%) | $16,923,000,000 (2.19%) |
Working Capital | $1,999,000,000 (-84.13%) | $12,595,000,000 (227.40%) | $3,847,000,000 (-19.52%) | $4,780,000,000 (40.01%) |
Tangible Asset Value | $16,370,000,000 (-32.79%) | $24,357,000,000 (64.94%) | $14,767,000,000 (-9.48%) | $16,314,000,000 (17.22%) |
Market Capitalization | $61,244,739,662 (27.06%) | $48,203,225,964 (39.74%) | $34,495,787,494 (-26.61%) | $47,003,566,712 (43.78%) |
Average Equity | $13,525,750,000 (64.13%) | $8,241,000,000 (14.83%) | $7,176,750,000 (6.67%) | $6,728,000,000 (48.91%) |
Average Assets | $39,709,500,000 (41.74%) | $28,015,250,000 (12.86%) | $24,822,750,000 (-3.19%) | $25,641,500,000 (5.74%) |
Invested Capital Average | $19,796,250,000 (18.25%) | $16,740,750,000 (14.71%) | $14,594,000,000 (-13.36%) | $16,843,500,000 (-6.03%) |
Shares | 897,227,361 (6.93%) | 839,046,579 (0.33%) | 836,261,515 (-3.50%) | 866,584,932 (-0.01%) |
