Carrier Global Corporation
CARRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
22,486
Cost of Revenue
16,463
Gross Profit
6,023
Gross Margin
26.8%
Operating Income
2,646
Operating Margin
11.8%
Net Income
5,604
Net Margin
24.9%
EPS (Basic)
$6.24
EPS (Diluted)
$6.15
EBITDA
3,562
EBITDA Margin
15.8%
2023
12/31/2023
Revenue
18,951
Cost of Revenue
13,776
Gross Profit
5,175
Gross Margin
27.3%
Operating Income
2,160
Operating Margin
11.4%
Net Income
1,349
Net Margin
7.1%
EPS (Basic)
$1.61
EPS (Diluted)
$1.63
EBITDA
2,698
EBITDA Margin
14.2%
2022
12/31/2022
Revenue
17,288
Cost of Revenue
12,985
Gross Profit
4,303
Gross Margin
24.9%
Operating Income
3,984
Operating Margin
23.0%
Net Income
3,534
Net Margin
20.4%
EPS (Basic)
$4.19
EPS (Diluted)
$4.10
EBITDA
2,285
EBITDA Margin
13.2%
2021
12/31/2021
Revenue
20,613
Cost of Revenue
14,605
Gross Profit
6,008
Gross Margin
29.1%
Operating Income
2,645
Operating Margin
12.8%
Net Income
1,664
Net Margin
8.1%
EPS (Basic)
$1.92
EPS (Diluted)
$1.87
EBITDA
2,906
EBITDA Margin
14.1%
2020
12/31/2020
Revenue
17,456
Cost of Revenue
12,327
Gross Profit
5,129
Gross Margin
29.4%
Operating Income
3,083
Operating Margin
17.7%
Net Income
1,982
Net Margin
11.4%
EPS (Basic)
$2.29
EPS (Diluted)
$2.25
EBITDA
2,411
EBITDA Margin
13.8%