$67.58
+1.7%Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
CARR โข NYSE
| Carrier Global Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||
1.5B | 1.2B | 1.5B | 3.2B | 1.7B | 2B | 2.2B | 2.8B | 1.3B | |
1.3B | 1.2B | 491M | 328M | 338M | 336M | 335M | 357M | 372M | |
-401M | -352M | -243M | -106M | -74M | 97M | -122M | 133M | 872M | |
74M | 86M | 71M | 65M | 92M | 77M | 52M | 44M | 34M | |
-208M | -2B | 307M | -1.5B | -137M | -910M | 3M | -924M | -675M | |
(0.0) | (2.1B) | (942M) | (833M) | (675M) | (819M) | (759M) | (276M) | (917M) | |
-143M | 339M | 503M | -241M | 317M | 86M | -360M | -324M | 228M | |
2.1B | 563M | 2.6B | 1.7B | 2.2B | 1.7B | 2.1B | 2.1B | 2.1B | |
INVESTING ACTIVITIES | |||||||||
-392M | -519M | -439M | -317M | -344M | -312M | -243M | -263M | -326M | |
(0.0) | -10.3B | -30M | (2.3B) | -366M | (0.0) | (0.0) | -310M | (472M) | |
(0.0) | -264M | -50M | -194M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-32M | 0.0 | 0.0 | 0.0 | 11M | 1.4B | 6M | 1B | 0.0 | |
81M | 9B | -141M | -36M | 7M | 1M | -22M | -44M | 125M | |
-343M | -2B | -660M | (1.7B) | -692M | (1.1B) | -259M | (415M) | (271M) | |
FINANCING ACTIVITIES | |||||||||
-2.9B | -1.9B | -62M | -1.4B | -527M | 0.0 | 0.0 | 0.0 | -286M | |
-889M | -1.9B | 5.5B | -992M | -551M | 9.9B | -6M | 120M | -8M | |
-772M | -670M | -620M | -509M | -417M | -138M | (0.0) | (0.0) | (0.0) | |
-2.9B | -1.9B | -62M | -1.4B | -527M | (0.0) | (0.0) | (0.0) | -286M | |
-119M | -139M | -199M | -50M | -67M | -10.4B | -2B | -2.7B | -1.9B | |
-4.7B | -4.6B | 4.6B | -2.9B | -1.6B | -681M | -2B | -2.6B | -2.2B | |
CASH FLOW SUMMARY | |||||||||
511M | 217M | -233M | -56M | -72M | 46M | 1M | 1.3B | -176M | |
-2.4B | -5.9B | 6.3B | 501M | -89M | 2.2B | -177M | 1.1B | 0.0 | |
4B | 9.9B | 3.5B | 3B | 3.1B | 952M | 1.1B | 0.0 | 0.0 | |
1.6B | 4B | 9.9B | 3.5B | 3B | 3.1B | 952M | 1.1B | 0.0 | |
1.7B | 44M | 2.2B | 1.4B | 1.9B | 1.4B | 1.8B | 1.8B | 1.8B |
CARR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 16, 2026 | April 15, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 03, 2026 | April 15, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 05, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 | |
S-3 S-3 N/A | February 05, 2026 | February 05, 2026 | ย | |
8-K 8-K 2025 N/A | October 28, 2025 | October 28, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 28, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 04, 2025 | September 03, 2025 | 2025 |
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