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Carrier Global CARR CST — Segment Assets

Other segment segments

CSE
$1.66B
CSA
$1.47B
CSAME
$988M

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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$52.77B-6.9%
Enterprise value$64.01B-4.3%
P/E43.3×+29.1×
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 ratio-0.1×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept carr:SegmentAssetsCurrent.

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 CST — segment assets?
Carrier Global (CARR) reported CST — segment assets of $915M in Q4 2025.
What does CST — segment assets mean?
This metric represents the total value of assets specifically identified with or allocated to the Climate Solutions Transportation segment. It includes working capital, property, plant, and equipment, and intangible assets like goodwill associated with the segment's operations. Monitoring this allows for the calculation of return on assets and provides insight into the capital intensity required to support the segment's revenue.

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