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Carrier Global CARR Non-Controlling Interests

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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$53.94B-4.1%
Enterprise value$65.18B-1.9%
P/E44.2×+30.1×
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 us-gaap:MinorityInterest.

The source filing: Carrier Global’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001783180-26-000032
(In millions)As of / June 30,2026As of / December 31,2025
Common stock1010
Treasury stock(7,550)(6,795)
Additional paid-in capital8,6888,665
Retained earnings12,53612,193
Accumulated other comprehensive income (loss)(537)(269)
Non-controlling interest325324
Total Equity13,47214,128
Total Liabilities and Equity$37,372$37,190

Item 1. Financial Statements

FAQ

What is Carrier Global's non-controlling interests?
Carrier Global (CARR) reported non-controlling interests of $325M in Q2 2026.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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