TTM
$3.16B
YoY change
-13.6%
5Y CAGR
+0.2%
Peak year (2022)
$4.45B
Cumulative EBITDA
$32.16B
EBITDA history chart for Carrier Global (CARR) from 2017 to 2025
Latest: $3.53B
EBITDA growth chart for Carrier Global (CARR) from 2017 to 2025
Latest: -13.6%
EBITDA history table for Carrier Global (CARR) from 2017 to 2025
| 2025 | $3.53B | -13.6% | −$556.00M | ||
| 2024 | $4.09B | +46.1% | +$1.29B | ||
| 2023 | $2.80B | -37.2% | −$1.66B | ||
| 2022 | $4.45B | +65.2% | +$1.76B | ||
| 2021 | $2.69B | -22.8% | −$794.00M | ||
| 2020 | $3.49B | +34.6% | +$897.00M | ||
| 2019 | $2.59B | -39.5% | −$1.69B | ||
| 2018 | $4.28B | +17.5% | +$638.00M | ||
| 2017 | $3.65B | — | — |
- 2025$3.53B-13.6%
- 2024$4.09B+46.1%
- 2023$2.80B-37.2%
- 2022$4.45B+65.2%
- 2021$2.69B-22.8%
- 2020$3.49B+34.6%
- 2019$2.59B-39.5%
- 2018$4.28B+17.5%
- 2017$3.65B—
EBITDA values are taken from Carrier Global's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current EBITDA (TTM) is $3.16B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA for Carrier Global (CARR) came in at $3.53B – declined 13.6% year-over-year.
Carrier Global EBITDA has grown on net over the period, with a +0.2% compound annual growth rate over 2020–2025 (5 years).
Carrier Global EBITDA declined from $4.45B in 2022 to $3.53B in 2025, a 20.7% drawdown.
$4.45B stands as the all-time-high annual EBITDA, posted in 2022, against a low of $2.59B during 2019.
Carrier Global EBITDA by Year
Carrier Global EBITDA 2025: $3.53B
In 2025, Carrier Global reported EBITDA of $3.53B, declined 13.6% below 2024.
Carrier Global EBITDA 2024: $4.09B
Carrier Global EBITDA in 2024 was $4.09B, surged 46.1% from 2023.
Carrier Global EBITDA 2023: $2.80B
2023's EBITDA for Carrier Global came in at $2.80B, plunged 37.2% below 2022.
Carrier Global EBITDA 2022: $4.45B
Carrier Global posted EBITDA of $4.45B in 2022, surged 65.2% from 2021. This figure represents the highest annual value in the available history.
Carrier Global EBITDA 2021: $2.69B
Carrier Global EBITDA in 2021 was $2.69B.
See more financial history for Carrier Global (CARR).
Sector peers by EBITDA
Industrials peers of Carrier Global (CARR), ranked by their latest EBITDA
| $14.95B | |
| $14.86B | |
| $12.95B | |
| $12.06B | |
| $11.66B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.95B
- $14.86B
- $12.95B
- $12.06B
- $11.66B
- $7.36B
- $5.95B
- $4.29B
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