TTM
$5.42B
YoY change
-6.0%
5Y CAGR
+1.9%
Peak year (2024)
$5.98B
Cumulative gross profit
$49.57B
Gross Profit history chart for Carrier Global (CARR) from 2017 to 2025
Latest: $5.62B
Gross Profit growth chart for Carrier Global (CARR) from 2017 to 2025
Latest: -6.0%
Gross Profit history table for Carrier Global (CARR) from 2017 to 2025
| 2025 | $5.62B | -6.0% | −$357.00M | ||
| 2024 | $5.98B | +15.9% | +$819.00M | ||
| 2023 | $5.16B | +20.1% | +$865.00M | ||
| 2022 | $4.30B | -28.1% | −$1.68B | ||
| 2021 | $5.98B | +17.0% | +$871.00M | ||
| 2020 | $5.11B | -5.7% | −$310.00M | ||
| 2019 | $5.42B | -2.7% | −$150.00M | ||
| 2018 | $5.57B | +7.4% | +$384.00M | ||
| 2017 | $5.18B | — | — |
- 2025$5.62B-6.0%
- 2024$5.98B+15.9%
- 2023$5.16B+20.1%
- 2022$4.30B-28.1%
- 2021$5.98B+17.0%
- 2020$5.11B-5.7%
- 2019$5.42B-2.7%
- 2018$5.57B+7.4%
- 2017$5.18B—
Gross Profit 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 Gross Profit at Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current gross profit (TTM) is $5.42B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Carrier Global (CARR) gross profit totalled $5.62B – declined 6.0% year-over-year.
Across 2020–2025 (5 years), Carrier Global gross profit produced a CAGR of +1.9% – with mixed annual results across the window.
Carrier Global gross profit peaked at $5.98B in 2024; the latest annual figure is $5.62B in 2025 (6.0% below peak).
$5.98B stands as the all-time-high annual gross profit, posted in 2024, against a low of $4.30B during 2022.
Carrier Global Gross Profit by Year
Carrier Global Gross Profit 2025: $5.62B
In 2025, Carrier Global reported gross profit of $5.62B, declined 6.0% below 2024.
Carrier Global Gross Profit 2024: $5.98B
Carrier Global gross profit in 2024 was $5.98B, grew 15.9% from 2023. This figure represents the highest annual value in the available history.
Carrier Global Gross Profit 2023: $5.16B
2023's gross profit for Carrier Global came in at $5.16B, grew 20.1% from 2022.
Carrier Global Gross Profit 2022: $4.30B
Carrier Global posted gross profit of $4.30B in 2022, declined 28.1% below 2021. This figure represents the lowest annual value in the available history.
Carrier Global Gross Profit 2021: $5.98B
Carrier Global gross profit in 2021 was $5.98B.
See more financial history for Carrier Global (CARR).
Sector peers by Gross Profit
Industrials peers of Carrier Global (CARR), ranked by their latest gross profit
| $21.86B | |
| $17.79B | |
| $16.89B | |
| $16.30B | |
| $14.55B | |
| $10.32B | |
| $9.22B | |
| $4.29B |
- $21.86B
- $17.79B
- $16.89B
- $16.30B
- $14.55B
- $10.32B
- $9.22B
- $4.29B
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