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Carrier Global CARR CSA — Selling, General and Administrative Expense

Other segment segments

CSE
$1.04B
CSAME
$476M
Climate Solutions Americas
$280M+12.0%
Climate Solutions Europe
$280M+8.9%
Climate Solutions Asia Pacific, Middle East & Africa
$117M+4.5%
Climate Solutions Transportation
$74M

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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:SellingGeneralAndAdministrativeExpense.

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 — selling, general and administrative expense?
Carrier Global (CARR) reported CSA — selling, general and administrative expense of $259M in Q4 2025.
How has Carrier Global's CSA — selling, general and administrative expense changed year-over-year?
Carrier Global's CSA — selling, general and administrative expense increased by 7.7% year-over-year, from $240.5M to $259M.
What is the long-term trend for Carrier Global's CSA — selling, general and administrative expense?
Over 2 years (2023 to 2025), Carrier Global's CSA — selling, general and administrative expense has grown at a 3.1% compound annual growth rate (CAGR), from $974M to $1.04B.
What does CSA — selling, general and administrative expense mean?
Covers the overhead costs of the Climate Solutions Americas segment, including sales commissions, marketing, administrative salaries, and office expenses. It measures the operational cost required to support the segment's revenue-generating activities.