Stock research
Carrier Global makes heating, ventilation, air-conditioning, and refrigeration systems.
For the fiscal year ended December 31, 2025, Carrier Global Corporation reported revenue of $21.7B and net income of $1.5B, with operating cash flow of $2.5B. Source: Form 10-K filed February 5, 2026
SEC data as of
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.
Reported figures from Carrier Global Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $21.7B | 2025-01-01 – 2025-12-31 | SEC filing |
| Net income | $1.5B | 2025-01-01 – 2025-12-31 | SEC filing |
| Operating cash flow | $2.5B | 2025-01-01 – 2025-12-31 | SEC filing |
| Diluted EPS | $1.72 | 2025-01-01 – 2025-12-31 | SEC filing |
| Net margin | 6.8% | 2025-01-01 – 2025-12-31 | SEC filing |
| Shares outstanding | 836M | As of 2026-01-30 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.
Carrier Global Corporation sits in Industrials. Aerospace, machinery, defense, and transports — a cyclical read on capex, reshoring, and the physical economy. We have not yet written company-specific drivers for CARR; the forces that matter most for the sector are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
Operating cash flow was $2.5B, 1.69 times net income of $1.5B, for the fiscal year ended December 31, 2025.
Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.
Net income was 6.8% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
Members-only research
Sep 22, 2026
Meta jumped 11%. What must happen next to justify the price?A member research report on Meta’s AI rally: Muse, subscription economics, the cash-flow burden, legal costs and the earnings assumptions behind the new price.
Sep 9, 2026
Seagate: More Terabytes, Better EconomicsA retrospective case study of Seagate’s capacity-density thesis as of January 28, 2026, separating known qualifications and financials from an uncertain next phase.
The thesis, the numbers behind it, and what would break it. Full access is $39 a month.
Read the full researchHow we source and review company pages: research methodology.
| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| Kevin Hern | 2026-08-14 | Sale | Joint | $1,001 - $15,000 | Filing #20035326 |
| Maria Salazar | 2026-07-28 | Sale | Self | $15,001 - $50,000 | Filing #20035138 |
| Maria Salazar | 2026-07-28 | Sale | Self | $1,001 - $15,000 | Filing #20035138 |
| Maria Salazar | 2026-05-01 | Purchase | Self | $1,001 - $15,000 | Filing #20034479 |
| Maria Salazar | 2026-05-01 | Purchase | Self | $15,001 - $50,000 | Filing #20034479 |
| Rick Larsen | 2026-04-07 | Purchase | Self | $1,001 - $15,000 | Filing #20034351 |
| Julie Johnson | 2025-12-18 | Sale | Joint | $1,001 - $15,000 | Filing #20033789 |
| Julie Johnson | 2025-11-13 | Sale | Joint | $1,001 - $15,000 | Filing #20033611 |
| Jared Moskowitz | 2025-10-10 | Sale | Dependent | $1,001 - $15,000 | Filing #20033421 |
| Jared Moskowitz | 2025-10-10 | Sale | Dependent | $1,001 - $15,000 | Filing #20033421 |
All verified CARR congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
Carrier Global makes heating, ventilation, air-conditioning, and refrigeration systems.
For the fiscal year ended December 31, 2025, Carrier Global Corporation reported revenue of $21.7B and net income of $1.5B, with operating cash flow of $2.5B. The figures come from Carrier Global Corporation's SEC XBRL filings.
The SEC lists Carrier Global Corporation's fiscal year end as December 31.
The current verified House and Senate snapshot contains 20 transaction rows for CARR, each linked to the original filing.
This page does not rate CARR as a buy or sell. It sets out what Carrier Global Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.
Members-only research
$39/mo or $249/yr · cancel future renewals anytime · sources included