Carrier Global Corporation (CARR)

From the record

Carrier Global Corporation's filings since 2019 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Carrier Global Corporation's 8 filed years say what it did: revenue went from $19 billion in fiscal 2018 to $22 billion in fiscal 2025, up 2% a year; it rose in 3 of 7 years; the deepest fall was 16% from fiscal 2021 to fiscal 2022; net income was positive in 8 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Carrier Global Corporation's diluted share count held steady, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 1 purchase of their own stock on the open market in the year to 2026-11-12, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Carrier Global Corporation earned about 11 cents of profit for every dollar of shareholders' money. Leverage: it owed about 62 cents per dollar of assets, and net share issuance: its share count shrank 5.4% over the year (the filed statements).

From the record

Carrier Global Corporation's standing among 63 graded names in its industry family: revenue of $22 billion in fiscal 2025 ranks in the top 10% by size; a net margin of 7.3% ranks in the top 50%; revenue growth of 7.9% a year over the last 3 filed years ranks in the top 29% (its annual reports).

From the record

Carrier Global Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Gitlin, David L. (Chairman and CEO, as filed), filing under that title since 2020-03-16, 6.7 years (top 38% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 18%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (bottom 32%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Carrier Global Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $1.6 billion against debt of $11 billion leaves -26.4% of its assets as net cash, bottom 18% of its family; cash from operations less capital spending is 9.8% of revenue (top 40%); research spending of 2.9% of revenue (top 50%) (its annual report).

From the record

Carrier Global Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 7.9% a year over the last three filed years against 2% over all 8, speeding up (top 18% of its family); the newest year grew -3.3% (bottom 17%); research spending grew 14.5% a year (top 13%); capital spending grew 7.3% a year (top 31%) (its annual reports). Carrier Global Corporation reported 2 product lines in fiscal 2025: Product at $19 billion (88%), Service at $2.6 billion (12%); 1 of 2 grew against the year before (its annual report).

From the record

Carrier Global Corporation's newest year against its own record: revenue of $22 billion in fiscal 2025 came in 15.2% below the $26 billion its prior three years' pace pointed to (bottom 4% of its family); net income of $1.6 billion against a prior three-year average of $3.6 billion (bottom 21%); a net margin of 7.3% against 17.9% before (bottom 12%) (its annual reports).