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Carrier Global CARR CST — Depreciation & Amortization

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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:DepreciationDepletionAndAmortization.

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 CST — depreciation & amortization?
Carrier Global (CARR) reported CST — depreciation & amortization of $6.5M in Q4 2025.
How has Carrier Global's CST — depreciation & amortization changed year-over-year?
Carrier Global's CST — depreciation & amortization decreased by 25.7% year-over-year, from $8.75M to $6.5M.
What is the long-term trend for Carrier Global's CST — depreciation & amortization?
Over 2 years (2023 to 2025), Carrier Global's CST — depreciation & amortization has grown at a -12.6% compound annual growth rate (CAGR), from $34M to $26M.
What does CST — depreciation & amortization mean?
This metric represents the non-cash expense allocated to the Climate Solutions Transportation 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 net income to cash flow and helps in understanding the segment's asset replacement cycle. Consistent monitoring helps assess the age and efficiency of the segment's capital base.