Companies: 10,795·Total market cap: $144.5T
Carrier Global Corporation

Carrier Global Corporation

CARRNYSEIndustrials● Active
$67.35
+$0.19(+0.28%)
Market Cap$55.9B
P/E Ratio
52W High$81.09
52W Low$50.24

Carrier Global Corporation (CARR) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

CARR · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $1.48B for FY2025 (fiscal year ending 2025-12-31), down 73.5% year-over-year. Net profit margin was 6.8%. Based on available data, Carrier Global Corporation has been profitable since at least 2017.

FY2025 Net Income$1.48B▼ -73.5% YoY
Trailing 12M (TTM)$1.31Btrailing 4 quarters sum
Net Profit Margin6.8%$1.48B ÷ $21.75B
YoY Change-73.5%
5-Year CAGR-5.6%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2017

▸ FMP /income-statement · Annual · CARR net income history · CARR profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.48B▼ 73.5%6.8%
FY2024$5.60B▲ +315.4%24.9%
FY2023$1.35B▼ 61.8%7.1%
FY2022$3.53B▲ +112.4%20.4%
FY2021$1.66B▼ 16.0%8.1%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
Carrier Global Corporation
Carrier Global CorporationYOU
CARR
$1.48B-73.5%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#5
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%
#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$4.94B-724.1%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Carrier Global Corporation (CARR) reported net income of $1.48B for FY2025 (fiscal year ending 2025-12-31), down 73.5% year-over-year. The net profit margin was 6.8% — meaning the company kept $0.07 of every dollar of revenue as profit.

Based on available data, Carrier Global Corporation has been profitable since at least 2017. Net income reached a peak of $5.60B in FY2024. Data available for 9 fiscal years.

Carrier Global Corporation's net profit margin was 6.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Carrier Global Corporation net worth" — the company's market capitalization is a separate figure from CARR net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

CARR net income · 5 questions

Carrier Global Corporation is profitable. The company reported net income of $1.48B for FY2025, a net profit margin of 6.8%. Net income was down 73.5% year-over-year. Based on available data, Carrier Global Corporation has been profitable since at least 2017.

is CARR profitabledoes CARR make a profitCARR profitabilityCARR profitable company

Source: FMP /income-statement · GAAP · Carrier Global Corporation · Carrier Global Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026