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Carrier Global CARR Q4 2024 Annual earnings

Reported February 11, 2025 · Before market open

Revenue estimate$5.3B
EPS estimate$0.50

Next report

Aug 4, 2026 (in a month)
Revenue estimate$6.0B
EPS estimate$0.82

Financials

Q4 2024

Income statement

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Revenue$5.1B+19.3%
Gross profit$1.5B+15.9%
Operating income$774.0M+43.6%
Net income$2.6B+507%
EPS (diluted)-$0.05-110%

Balance sheet

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Cash & equivalents$4.0B-59.7%
Total debt$14.1B-4.6%
Total equity$14.4B+59.9%
Total assets$37.4B+14.0%

Cash flow

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Operating cash flow$132.0M-87.6%
CapEx$217.0M-2.3%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$61.24B+27.0%
Enterprise value$71.37B+34.3%
P/E10.9×-23.6×
P/S2.7×+0.2×

Profitability

See full
Gross margin26.6%-0.6pp
Operating margin11.8%+0.4pp
Net margin24.9%+17.6pp

Returns & leverage

See full
Return on equity47.9%+31.5pp
Debt / equity-0.7×
Current ratio1.3×-1.6×

Segments

By geography

See full
Europe$1.5B+55.5%
Asia Pacific$931.0M-3.3%
Other$166.0M+0.6%

By product

See full
Service$618.0M+4.7%

Versus estimates

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Questions, answered.

When did Carrier Global report Q4 2024 earnings?
Carrier Global (CARR) reported Q4 2024 earnings on February 11, 2025 before market open.
What were Carrier Global's Q4 2024 revenue and EPS?
Carrier Global reported revenue of $5.1B and diluted EPS of $0.54 for Q4 2024.
Did Carrier Global beat estimates in Q4 2024?
Revenue missed the consensus estimate of $5.3B by $157.8M. EPS beat the consensus estimate of $0.50 by $0.04.
Where can I find Carrier Global's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001783180-25-000008) directly on SEC EDGAR. The filing index links above go to sec.gov.