CARRIER GLOBAL CORP

LISTEDNYSE

SYMBOLCARR

SIC3585

STATE OF INC.DE

FISCAL YEAR ENDSDecember 31

CIK1783180

AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFRIG EQUIP · LARGE ACCELERATED FILER · 8 FISCAL YEARS OF SEC XBRL DATA, 2018–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	11,798	45.5
Stockholders' equity	14,128	54.5
Total capitalization	25,926	100.0

830,580,423 shares outstanding at 15 April 2026 (cover page of the 10-Q filed 30 April 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, noncurrent	11,365
Current maturities	108
Short-term borrowings / commercial paper	325

CAPITAL STOCK 12/31/25

Common shares authorized	4,000,000,000
Common shares issued	950,633,287
Treasury shares	114,891,176
Par or stated value per share ($)	0.01
Outstanding at 4/15/26	830,580,423

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	0.68	39.2
2024	0.80	12.9
2023	0.74	47.2
2022	0.64	15.5
2021	0.51	27.3

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware.

BUSINESS: Classified by the SEC under Standard Industrial Classification 3585, Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip. Large accelerated filer. Principal executive office: 13995 Pasteur Boulevard, Palm Beach Gardens, FL 33418. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Revenues	21,747	22,486	18,951
Cost of revenues	–	16,505	13,789
Research and development	625	686	493
Selling, general and administrative	3,092	3,197	2,607
Depreciation and amortization	1,274	1,232	491
Operating income	2,172	2,646	2,160
Interest expense	458	580	306
Income before income taxes	1,798	2,274	1,999
Income taxes	240	1,062	521
Net income	1,484	5,604	1,349
Earned per share, diluted ($)	1.72	6.15	1.58
Dividends per share ($)	0.68	0.80	0.74

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Cash and equivalents	1,555	3,969
Receivables, net	2,639	2,651
Inventories	2,483	2,299
Total current assets	8,533	9,891
Property, plant and equipment, net	3,165	2,999
Goodwill	15,501	14,601
Total assets	37,190	37,403
Total current liabilities	7,114	7,892
Long-term debt	11,365	11,026
Total liabilities	23,062	23,008
Total liabilities and equity	37,190	37,403

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	21,747	2,172	1,484	6.8	1.72	0.68	2,513	392	2,121	37,190	23,062	11,798	14,128	10.5	0.84
12/31/24	22,486	2,646	5,604	24.9	6.15	0.80	563	519	44	37,403	23,008	12,278	14,395	38.9	0.85
12/31/23	18,951	2,160	1,349	7.1	1.58	0.74	2,607	439	2,168	32,822	23,817	14,293	9,005	15.0	1.59
12/31/22	17,288	3,984	3,534	20.4	4.10	0.64	1,743	317	1,426	26,086	18,010	8,842	8,076	43.8	1.09
12/31/21	20,613	2,645	1,664	8.1	1.87	0.51	2,237	344	1,893	26,172	19,078	9,696	7,094	23.5	1.37
12/31/20	17,456	3,083	1,982	11.4	2.25	0.28	1,692	312	1,380	25,093	18,515	10,227	6,578	30.1	1.55
12/31/19	18,608	2,491	2,116	11.4	2.44	–	2,063	243	1,820	22,406	7,971	319	14,435	14.7	0.02
12/31/18	18,914	3,637	2,734	14.5	3.16	–	2,055	263	1,792	–	–	–	14,269	19.2	–

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

CARRIER GLOBAL Corp
CIK 1783180 · EIN 83-4051582

PRINCIPAL OFFICE:

13995 Pasteur Boulevard, Palm Beach Gardens, FL 33418
Tel.: 5613652000

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

3585 · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 5 February 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

7/28/26	10-Q	period 6/30/26
7/28/26	8-K	period 7/28/26
7/24/26	8-K	period 7/24/26
4/30/26	10-Q	period 3/31/26
4/30/26	8-K	period 4/30/26
4/16/26	8-K	period 4/15/26
3/3/26	DEF 14A	period 4/15/26
2/5/26	10-K	period 12/31/25

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/5/26) · 10-K FY2024 (filed 2/11/25) · 10-K FY2023 (filed 2/6/24) · 10-K FY2022 (filed 2/7/23) · 10-K FY2021 (filed 2/8/22) · 10-K FY2020 (filed 2/9/21). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.