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Carrier Global CARR CSAME — Depreciation & Amortization

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$878M—
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$133M—
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$26M—

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Other financials

Income statement

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Revenue$6.4B+3.9%
Gross profit$1.5B-28.0%
Operating income$825.0M-8.6%
Net income$501.0M-15.2%
EPS (diluted)$0.60-11.8%

Balance sheet

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Cash & equivalents$1.3B-25.2%
Total debt$12.6B+5.0%
Total equity$13.5B-10.3%
Total assets$37.4B-2.9%

Cash flow

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Operating cash flow$927.0M+42.8%
CapEx$117.0M+44.4%
Free cash flow$810.0M+42.6%

Valuation

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Market cap$52.3B-6.9%
Enterprise value$63.54B-4.3%
P/E42.9×+28.8×
P/S2.4×-0.1×

Profitability

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Gross margin26.6%-12.4pp
Operating margin7.8%-5.9pp
Net margin5.5%-12.3pp
FCF margin8.7%—

Returns & leverage

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Return on equity8.6%-18.9pp
Debt / equity0.9×+0.1×
Current ratio1×-0.1×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Carrier Global’s 10-K, filed February 5, 2026.

Filed
Feb 5, 2026, 3:26 PM EST
Fiscal year
FY2025
Accession
0001783180-26-000008
(In millions)Segment Assets / 2025Segment Assets / 2024Capital Expenditures / 2025Capital Expenditures / 2024Depreciation & Amortization / 2023Depreciation & Amortization / 2025Depreciation & Amortization / 20242023
CSA$1,472$1,405$151$198$179$133$134$120
CSE1,6601,5901351976387881356
CSAME988952394874198213241
CST915818253230263534
Total Segment5,0354,7653504753461,2351,195451
Corporate and other87185424493393740
Consolidated$5,122$4,950$392$519$439$1,274$1,232$491
Cash and cash equivalents1,5553,969

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Carrier Global's CSAME — depreciation & amortization?
Carrier Global (CARR) reported CSAME — depreciation & amortization of $49.5M in Q4 2025.
How has Carrier Global's CSAME — depreciation & amortization changed year-over-year?
Carrier Global's CSAME — depreciation & amortization decreased by 7.0% year-over-year, from $53.25M to $49.5M.
What is the long-term trend for Carrier Global's CSAME — depreciation & amortization?
Over 2 years (2023 to 2025), Carrier Global's CSAME — depreciation & amortization has grown at a -9.4% compound annual growth rate (CAGR), from $241M to $198M.
What does CSAME — depreciation & amortization mean?
This metric represents the non-cash expense allocated to the segment to account for the gradual wear and tear of tangible assets and the expiration of intangible assets over time. It is a critical component in reconciling cash flow and understanding the true cost of asset utilization.

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