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Carrier Global CARR CSA — Segment operating profit

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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:OperatingIncomeLoss.

The official record: Carrier Global’s 10-K, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's CSA — segment operating profit?
Carrier Global (CARR) reported CSA — segment operating profit of $537.5M in Q4 2025.
How has Carrier Global's CSA — segment operating profit changed year-over-year?
Carrier Global's CSA — segment operating profit decreased by 7.4% year-over-year, from $580.75M to $537.5M.
What is the long-term trend for Carrier Global's CSA — segment operating profit?
Over 2 years (2023 to 2025), Carrier Global's CSA — segment operating profit has grown at a 8.4% compound annual growth rate (CAGR), from $1.83B to $2.15B.
What does CSA — segment operating profit mean?
This represents the core profitability of the segment after deducting direct operating expenses, such as cost of goods sold and selling, general, and administrative expenses. It serves as the primary measure of the segment's ability to generate earnings from its specific business activities before interest and taxes.