EBITDA for Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current EBITDA (TTM) is $3.16B USD. 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 .
CARR
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.16B
YoY change
-21.8%
5Y CAGR
+2.9%
Peak year (2024)
$3.56B
Cumulative EBITDA
$25.86B
EBITDA history chart for Carrier Global (CARR) from 2017 to 2025
EBITDA history table for Carrier Global (CARR) from 2017 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.79B | -21.8% | ||
| 2024 | $3.56B | +32.0% | ||
| 2023 | $2.70B | +18.1% | ||
| 2022 | $2.29B | -21.4% | ||
| 2021 | $2.91B | +20.5% | ||
| 2020 | $2.41B | -19.0% | ||
| 2019 | $2.98B | -7.6% | ||
| 2018 | $3.22B | +6.9% | ||
| 2017 | $3.02B | — |
EBITDA values are taken from Carrier Global's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for Carrier Global (CARR) came in at $2.79B – declined 21.8% year-over-year.
Carrier Global EBITDA has recorded the values shown across consecutive periods, with a +2.9% compound annual growth rate over 2020–2025 (5 years).
Carrier Global EBITDA declined from $3.56B in 2024 to $2.79B in 2025, a 21.8% drawdown.
$3.56B stands as the all-time-high annual EBITDA, posted in 2024, against a low of $2.29B during 2022.
Carrier Global (CARR) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $11.86B.
Carrier Global EBITDA by Year
Carrier Global EBITDA 2025: $2.79B
Carrier Global EBITDA in 2025 was $2.79B, declined 21.8% below 2024.
Carrier Global EBITDA 2024: $3.56B
Carrier Global EBITDA in 2024 was $3.56B, surged 32.0% from 2023. This figure represents the highest annual value in the available history.
Carrier Global EBITDA 2023: $2.70B
Carrier Global EBITDA in 2023 was $2.70B, grew 18.1% from 2022.
Carrier Global EBITDA 2022: $2.29B
Carrier Global EBITDA in 2022 was $2.29B, declined 21.4% below 2021. This figure represents the lowest annual value in the available history.
Carrier Global EBITDA 2021: $2.91B
Carrier Global EBITDA in 2021 was $2.91B.
See more financial history for Carrier Global (CARR).
Sector peers — EBITDA
Companies in the same sector as Carrier Global, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Carrier Global's EBITDA?
- Latest reported EBITDA for Carrier Global (CARR) is $3.16B (period ending December 31, 2025).
How has Carrier Global EBITDA changed year-over-year?
- Carrier Global (CARR) EBITDA changed -21.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Carrier Global EBITDA?
- Carrier Global (CARR) EBITDA compound annual growth rate is +2.9% over the most recent 5 years available.
When did Carrier Global EBITDA hit its highest annual value?
- Carrier Global EBITDA reached its highest annual value of $3.56B in 2024.
What was Carrier Global EBITDA in 2024?
- Carrier Global (CARR) EBITDA in 2024 was $3.56B.
What was Carrier Global EBITDA in 2025?
- Carrier Global (CARR) EBITDA in 2025 was $2.79B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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