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Carrier Global CARR Climate Solutions Transportation — Foreign currency translation

Other segment segments

CSE

$945M—

Climate Solutions Europe

-$191M-160%

CSAME

$24M—

CSA

$4M—

Climate Solutions Americas

-$2M-300%

Climate Solutions Asia Pacific, Middle East & Africa

-$1M-104%

Similar metrics at other companies

DOVClimate & Sustainability Technologies — Foreign currency translation

-$464K-173%

MLIClimate — Currency translation

$0—

COLDTransportation — Impact of foreign currency translation

$0—

MSCISustainability and Climate — Foreign exchange translation adjustment

-$700K-164%

LFUSTransportation — Foreign currency translation adjustments

-$916K-153%

SMP

SMPTemperature Control — Foreign currency translation

$27.25K+276%

Other financials

Income statement

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

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

Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

Market cap$63.12B+4.5%

Enterprise value$74.6B+5.9%

P/E48.2×+37.7×

P/S2.9×+0.2×

Profitability

Gross margin26.6%-0.6pp

Operating margin8.2%-4.7pp

Net margin6%-19.8pp

FCF margin7.7%—

Returns & leverage

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 transportation — foreign currency translation?: Carrier Global (CARR) reported climate solutions transportation — foreign currency translation of -$8M in Q1 2026.
What does climate solutions transportation — foreign currency translation mean?: The impact of fluctuations in foreign exchange rates on the financial results of the Climate Solutions Transportation segment. This captures the volatility inherent in operating a global business with revenues and costs denominated in multiple currencies.