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CARRIER GLOBAL Corp Operating Income 2018-2026 | CARR

Annual FY2018–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.17B

−17.9%YoY vs FY2024Source: 10-KFY2025

From $3.64B in FY2018 to $2.17B in FY2025: 0.6× in 7 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$259M−58.8%Not reportedNot reportedNot reported
FY25$629M+63.4%$903M+24.7%$539M−29.4%$101M−87.0%
FY24$385M−16.3%$724M+11.2%$763M+49.6%$774M+43.6%
FY23$460M−73.5%$651M−20.5%$510M−66.6%$539M+650.0%
FY22$1.7B+204.2%$819M+4.6%$1.5B+84.3%−$98M−121.2%
Share19%29%28%23%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

−6.8%

FY2020
$3.08B
FY2025
$2.17B

5 years selected · on the chart

01—History

Operating Income History

Year-over-year comparison from 10-K annual reports

  8. $2.17B
YoY changeLargest recent move+50.6%in FY22Latest −17.9%

02—Ledger

Operating Income, period by period

PeriodValueChangeSource
FY2025$2.17B−17.9%10-K
FY2024$2.65B+22.5%10-K
FY2023$2.16B−45.8%10-K
FY2022$3.98B+50.6%10-K
FY2021$2.65B−14.2%10-K
FY2020$3.08B+23.8%10-K
FY2019$2.49B−31.5%10-K
FY2018$3.64B—10-K

03—Questions

What is operating income?

Operating income can be defined as profit from core business operations, calculated as gross profit minus operating expenses, before interest and taxes.

What is CARRIER GLOBAL Corp's current operating income?

CARRIER GLOBAL Corp (CARR) annual operating income for 2025 was $2.17B, a 17.91% decline from 2024. CARRIER GLOBAL Corp operating income for the quarter ending March 31, 2026 was $259.0M.

What was CARRIER GLOBAL Corp's operating income in 2024?

CARRIER GLOBAL Corp annual operating income for 2024 was $2.65B, a 22.50% increase from 2023.

What was CARRIER GLOBAL Corp's operating income in 2023?

CARRIER GLOBAL Corp annual operating income for 2023 was $2.16B, a 45.78% decline from 2022.

What is CARRIER GLOBAL Corp's 5-year operating income CAGR?

CARRIER GLOBAL Corp operating income grew at a compound annual growth rate (CAGR) of 6.77% from FY2020 to FY2025, going from $3.08B to $2.17B over 5 years.

Company
CARRIER GLOBAL Corp
Ticker
CARR
Sector
Other
Industry
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
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