Carrier reported Q4 2025 results with stable revenue, lower GAAP earnings, and resilient adjusted profitability supported by strength in commercial HVAC and aftermarket demand.

Carrier generated $5.6 billion in revenue for Q3 2025, down 7% year-over-year, with organic sales down 4%. GAAP EPS was $0.47 and adjusted EPS was $0.67. Net income from continuing operations reached $407 million, and operating profit was $539 million. The company announced a new $5 billion share repurchase authorization while maintaining solid cash generation with $224 million in free cash flow.

Carrier delivered solid performance in Q2 2025, with 6% organic sales growth and significant operating margin gains, driven by strength in Climate Solutions Americas and aftermarket demand.

Carrier achieved 2% organic sales growth, expanded margins, and increased adjusted EPS by 27%, despite a 4% revenue decline due to divestitures.

Carrier Global Corporation reported strong financial results for Q4 2024, with revenue reaching $5.1 billion, a 19% increase from the previous year, driven by 6% organic growth. Adjusted EPS grew 50% to $0.54. The HVAC segment saw an 11% organic sales increase, while Refrigeration sales declined by 6%. Operating profit rose 44% due to the gain on the sale of Commercial Refrigeration.

Carrier's Q3 2024 results showed a 21% increase in sales to $6.0 billion, with organic sales up by 4%. GAAP EPS from continuing operations was $0.62, while adjusted EPS from continuing operations reached $0.77. The company has updated its full-year guidance to reflect discontinued operations.

Carrier reported strong Q2 2024 results with net sales of $6.7 billion, up 12% year-over-year, and organic sales up 2%. GAAP EPS was $2.55, and adjusted EPS was $0.87, up double-digits. The company achieved a 200 bps expansion in adjusted operating margin and reduced net debt by approximately $5 billion. They also plan to repurchase about $1 billion of shares in the second half of 2024.

Carrier Global Corporation reported strong first quarter results with net sales up 17% compared to the prior year, including 2% organic growth. Adjusted operating margins expanded by 280 basis points. The company reaffirmed its full year earnings guidance and expects to resume share repurchases in 2024.

Carrier Global Corporation reported strong financial results for the fourth quarter and full year of 2023. The company's fourth quarter sales were $5.1B. GAAP EPS was $0.49, up 53% vs. 2022 and adjusted EPS was $0.53, up 33% vs. 2022.

Carrier's Q3 2023 results showed a 5% increase in sales compared to the prior year, with organic sales up 3%. The company reported GAAP EPS of $0.42 and adjusted EPS of $0.89. Net cash inflows from operating activities were $1.04 billion, and free cash flow generation was $949 million. The company is increasing adjusted EPS guidance for 2023 from $2.55 - $2.65 to approximately $2.70.

Carrier Global Corporation reported strong financial results for the second quarter of 2023. Net sales were up 15% compared to the prior year, with organic sales growing 6%. The company raised its full year revenue, adjusted operating margin, and adjusted EPS guidance.

Carrier Global Corporation reported first quarter 2023 results with net sales up 13% and organic sales up 4%. GAAP EPS was $0.44 and adjusted EPS was $0.52. Net cash inflows from operating activities were $120 million and free cash flow generation was $50 million. The company reaffirmed its full-year 2023 guidance for sales, adjusted operating margin, adjusted EPS, and free cash flow.

Carrier's Q4 2022 sales were $5.1 billion, down 1% compared to the prior year, but included organic sales growth of 5%. GAAP EPS was $0.32 and adjusted EPS was $0.40. Net cash flow from operating activities was $1.1 billion and free cash flow was $983 million.

Carrier Global Corporation reported a 2% increase in sales to $5.5 billion, with organic sales up 8%. GAAP EPS was $1.53 and adjusted EPS was $0.70. The company updated its full-year adjusted EPS guidance to $2.30 to $2.35 and free cash flow guidance to ~$1.4 billion. A $2 billion share repurchase program was authorized.

Carrier Global Corporation reported a 4% decrease in net sales, but organic sales grew by 7%. The company's operating margin increased by 130 basis points, and GAAP EPS was $0.67 with adjusted EPS of $0.69. They are raising full-year 2022 adjusted EPS guidance range to $2.25 to $2.35.

Carrier Global Corporation reported first quarter sales of $4.7 billion, a 1% decrease compared to the prior year, but organic sales grew 10%. GAAP EPS was $1.58 and adjusted EPS was $0.54. The company reaffirmed its full-year 2022 outlook for sales, adjusted operating margin, adjusted EPS and free cash flow.

Carrier's Q4 2021 sales were $5.1 billion, up 12% compared to the prior year, with organic sales up 11%. GAAP EPS was $0.36 and adjusted EPS was $0.44. Net cash flow from operating activities was $913 million, and free cash flow was $775 million.

Carrier Global Corporation reported a strong third quarter with sales of $5.3 billion, up 7% compared to 2020, including 4% organic growth. GAAP EPS was $0.53 and adjusted EPS was $0.71. The company raised its full-year 2021 projected organic sales growth to ~16% and adjusted EPS to ~$2.20.

Carrier Global Corporation reported strong second-quarter results with sales of $5.4 billion, up 37% compared to 2020, including 31% organic growth. GAAP EPS was $0.55 and adjusted EPS was $0.64. The company raised its full-year outlook for sales growth to 14% to 16%, adjusted EPS range to $2.10 to $2.20, and expected free cash flow to about $1.9 billion.

Carrier reported strong first quarter results with sales of $4.7 billion, up 21% compared to 2020, including 17% organic growth. GAAP EPS was $0.43 and adjusted EPS was $0.48. The company raised its full-year outlook for sales, adjusted EPS, and free cash flow.

Carrier's Q4 2020 sales reached $4.6 billion, driven by strong demand in North America residential HVAC. GAAP EPS was $1.00, and adjusted EPS was $0.31. The company anticipates growth in sales, adjusted EPS, adjusted operating margin, and free cash flow in 2021.

Carrier Global Corporation reported a 4% increase in sales to $5 billion in the third quarter of 2020, with organic sales growth of 3%. GAAP EPS was $0.84 and adjusted EPS was $0.67. The company is raising its full-year outlook for sales, adjusted operating profit, and free cash flow.

Carrier's second quarter sales were $4.0 billion, down 20% compared to last year and down 19% organically. GAAP EPS was $0.30 and adjusted EPS was $0.33. Net income was $261 million and free cash flow was $463 million.

Carrier Global Corporation reported first quarter sales of $3.9 billion, a 10% decrease compared to the previous year. GAAP EPS was $0.11, and adjusted EPS was $0.35. The company identified $425 million in full-year cost reductions.