TTM
$1.31B
YoY change
-73.5%
5Y CAGR
-5.6%
Peak year (2024)
$5.60B
Cumulative net income
$21.93B
Net Income history chart for Carrier Global (CARR) from 2017 to 2025
Latest: $1.48B
Net Income growth chart for Carrier Global (CARR) from 2017 to 2025
Latest: -73.5%
Net Income history table for Carrier Global (CARR) from 2017 to 2025
| 2025 | $1.48B | -73.5% | −$4.12B | ||
| 2024 | $5.60B | +315.4% | +$4.25B | ||
| 2023 | $1.35B | -61.8% | −$2.19B | ||
| 2022 | $3.53B | +112.4% | +$1.87B | ||
| 2021 | $1.66B | -16.0% | −$318.00M | ||
| 2020 | $1.98B | -6.3% | −$134.00M | ||
| 2019 | $2.12B | -22.6% | −$618.00M | ||
| 2018 | $2.73B | +122.8% | +$1.51B | ||
| 2017 | $1.23B | — | — |
- 2025$1.48B-73.5%
- 2024$5.60B+315.4%
- 2023$1.35B-61.8%
- 2022$3.53B+112.4%
- 2021$1.66B-16.0%
- 2020$1.98B-6.3%
- 2019$2.12B-22.6%
- 2018$2.73B+122.8%
- 2017$1.23B—
Net Income 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 Net Income at Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current net income (TTM) is $1.31B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Carrier Global (CARR) net income is $1.48B – plunged 73.5% year-over-year.
Carrier Global net income has contracted on net over the period, with a -5.6% compound annual growth rate over 2020–2025 (5 years).
Carrier Global net income plunged from $5.60B in 2024 to $1.48B in 2025, a 73.5% drawdown.
Across the available history, net income reached its high of $5.60B in 2024 and its low of $1.23B in 2017.
Carrier Global Net Income by Year
Carrier Global Net Income 2025: $1.48B
In 2025, Carrier Global reported net income of $1.48B, plunged 73.5% below 2024.
Carrier Global Net Income 2024: $5.60B
Carrier Global net income in 2024 was $5.60B, surged 315.4% from 2023. This figure represents the highest annual value in the available history.
Carrier Global Net Income 2023: $1.35B
2023's net income for Carrier Global came in at $1.35B, plunged 61.8% below 2022.
Carrier Global Net Income 2022: $3.53B
Carrier Global posted net income of $3.53B in 2022, surged 112.4% from 2021.
Carrier Global Net Income 2021: $1.66B
Carrier Global net income in 2021 was $1.66B.
See more financial history for Carrier Global (CARR).
Sector peers by Net Income
Industrials peers of Carrier Global (CARR), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
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