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Carrier Global CARR Climate Solutions Americas — Foreign currency translation

Other segment segments

CSE
$945M
Climate Solutions Europe
-$191M-160%
CSAME
$24M
Climate Solutions Transportation
-$8M
CSA
$4M
Climate Solutions Asia Pacific, Middle East & Africa
-$1M-104%

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MLIClimate — Currency translation
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FDSAmericas — Foreign currency translations
$2.05M+173%
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ADNTAmericas — Currency translation
$2M0.0%
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LINAmericas — Foreign currency translation and other
$10.25M+173%

Other financials

Income statement

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Revenue$5.3B+2.4%
Gross profit$1.5B+15.9%
Operating income$259.0M-58.8%
Net income$238.0M-42.2%
EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%
Total debt$12.8B+9.6%
Total equity$13.8B-2.8%
Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%
CapEx$94.0M+49.2%
Free cash flow-$15.0M-104%

Valuation

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Market cap$63.12B+4.5%
Enterprise value$74.6B+5.9%
P/E48.2×+37.7×
P/S2.9×+0.2×

Profitability

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Gross margin26.6%-0.6pp
Operating margin8.2%-4.7pp
Net margin6%-19.8pp
FCF margin7.7%

Returns & leverage

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Return on equity9.4%-34.7pp
Debt / equity0.9×+0.1×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's climate solutions americas — foreign currency translation?
Carrier Global (CARR) reported climate solutions americas — foreign currency translation of -$2M in Q1 2026.
What does climate solutions americas — foreign currency translation mean?
The impact of fluctuations in foreign exchange rates on the reported financial results of the Climate Solutions Americas segment. This captures the volatility introduced by operating in multiple currencies within the Americas region.