Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Carrier Global logo

Carrier Global Business Segments

Business, geographic, and product segment breakdowns

Carrier Global generates $21.9B in annual revenue across 4 key segments: CSA ($133.0M), CSAME ($198.0M), CSE ($878.0M), and CST ($26.0M). The company-wide operating margin is 8.24%. Based on the Q1 2026 filing.

CSA (TTM)$133.0MCSAME (TTM)$198.0MCSE (TTM)$878.0MCST (TTM)$26.0M
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$57.9B
P/E Ratio44.22
ROE9.36%

Business Segments

Acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Climate Solutions Americas———$11M—$10M
Climate Solutions Asia Pacific, Middle East & Africa—————$0
Climate Solutions Europe———$6M—$0
Climate Solutions Transportation—————$0

Foreign currency translation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Climate Solutions Europe—$319M$608M$4M—-$191M
Climate Solutions Transportation—————-$8M
Climate Solutions Americas—$1M$3M——-$2M
Climate Solutions Asia Pacific, Middle East & Africa—$28M$26M——-$1M
CSA-$2.5M$1M$1M$1M$1M—
CSAME-$23M$6M$6M$6M$6M—
CSE-$132.3M$236.3M$236.3M$236.3M$236.3M—

Reclassified to held for sale

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Climate Solutions Europe—————$4M
Climate Solutions Americas—————$0
Climate Solutions Asia Pacific, Middle East & Africa—————$0
Climate Solutions Transportation—————$0

Restructuring Charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Climate Solutions Europe—$0$26M$22M—$86M
Climate Solutions Americas—$3M$1M$8M—$3M
Climate Solutions Asia Pacific, Middle East & Africa—$1M$7M$6M—$3M
Climate Solutions Transportation—$1M$1M$3M—$2M
CSA$2.3M$5.8M$5.8M$5.8M$5.8M—
CSAME$2.5M$6.5M$6.5M$6.5M$6.5M—
CSE$17.5M$23M$23M$23M$23M—
CST$2M$2M$2M$2M$2M—

Capital Expenditures

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSA$49.5M$37.8M$37.8M$37.8M$37.8M—
CSAME$12M$9.8M$9.8M$9.8M$9.8M—
CSE$49.3M$33.8M$33.8M$33.8M$33.8M—
CST$8M$6.3M$6.3M$6.3M$6.3M—

Depreciation & Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSA$33.5M$33.3M$33.3M$33.3M$33.3M—
CSAME$53.3M$49.5M$49.5M$49.5M$49.5M—
CSE$203.3M$219.5M$219.5M$219.5M$219.5M—
CST$8.8M$6.5M$6.5M$6.5M$6.5M—

Equity method investment, percentage of investments in segment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSA————56.0%—
CSAME————40.0%—

Goodwill resulting from business combinations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSA$131.5M$3M$3M$3M$3M—
CSAME$58.8M$1.5M$1.5M$1.5M$1.5M—
CSE$1.7B$750K$750K$750K$750K—
CST$8.3M$11M$11M$11M$11M—

Goodwill, Transfers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSA—$0$0$0$0—
CSAME—$0$0$0$0—
CSE—-$43.8M-$43.8M-$43.8M-$43.8M—
CST—$0$0$0$0—