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Carrier Global CARR Product — Total Net Sales

Other product segments

Service
$674M+19.1%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's product — total net sales?
Carrier Global (CARR) reported product — total net sales of $4.67B in Q1 2026.
How has Carrier Global's product — total net sales changed year-over-year?
Carrier Global's product — total net sales increased by 0.3% year-over-year, from $4.65B to $4.67B.
What is the long-term trend for Carrier Global's product — total net sales?
Over 4 years (2021 to 2025), Carrier Global's product — total net sales has grown at a 2.7% compound annual growth rate (CAGR), from $17.21B to $19.17B.
What does product — total net sales mean?
This metric represents the total revenue generated from the sale of physical goods within a specific business segment, net of returns, allowances, and discounts. It serves as a primary indicator of market demand and the scale of the company's manufacturing operations. By isolating product-based revenue, investors can assess the core commercial performance of the hardware business independent of service or maintenance contracts.