Revenue for Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's current revenue (TTM) is $21.75B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

CARR
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TTM (last 4 quarters)
$21.75B
YoY change
-3.3%
5Y CAGR
+4.5%
Peak year (2024)
$22.49B
Cumulative revenue
$173.88B
Revenue history chart for Carrier Global (CARR) from 2017 to 2025
Revenue history table for Carrier Global (CARR) from 2017 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $21.75B | -3.3% | ||
| 2024 | $22.49B | +18.7% | ||
| 2023 | $18.95B | +9.6% | ||
| 2022 | $17.29B | -16.1% | ||
| 2021 | $20.61B | +18.1% | ||
| 2020 | $17.46B | -6.2% | ||
| 2019 | $18.61B | -1.6% | ||
| 2018 | $18.91B | +6.2% | ||
| 2017 | $17.81B | — |
Revenue 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
As of the 2025 fiscal year, Carrier Global (CARR) reported revenue of $21.75B – edged down 3.3% year-over-year.
Through 2020–2025 (5 years), Carrier Global revenue delivered a +4.5% annualised rate; with the latest reading among the more recent periods of the dataset.
Carrier Global revenue peaked at $22.49B in 2024; the latest annual figure is $21.75B in 2025 (3.3% below peak).
Across the available history, revenue reached its high of $22.49B in 2024 and its low of $17.29B in 2022.
Carrier Global (CARR) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $45.26B.
Carrier Global Revenue by Year
Carrier Global Revenue 2025: $21.75B
Carrier Global revenue in 2025 was $21.75B, edged down 3.3% below 2024.
Carrier Global Revenue 2024: $22.49B
Carrier Global revenue in 2024 was $22.49B, grew 18.7% from 2023. This figure represents the highest annual value in the available history.
Carrier Global Revenue 2023: $18.95B
Carrier Global revenue in 2023 was $18.95B, grew 9.6% from 2022.
Carrier Global Revenue 2022: $17.29B
Carrier Global revenue in 2022 was $17.29B, declined 16.1% below 2021. This figure represents the lowest annual value in the available history.
Carrier Global Revenue 2021: $20.61B
Carrier Global revenue in 2021 was $20.61B.
See more financial history for Carrier Global (CARR).
Sector peers — Revenue
Companies in the same sector as Carrier Global, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| The Boeing Company (BA) | $89.46B | Industrials |
| RTX Corporation (RTX) | $88.60B | Industrials |
| Caterpillar Inc. (CAT) | $67.59B | Industrials |
| GE Aerospace (GE) | $45.85B | Industrials |
| Deere & Company (DE) | $44.66B | Industrials |
| Honeywell International Inc. (HON) | $37.44B | Industrials |
| Eaton Corporation plc (ETN) | $27.45B | Industrials |
| Union Pacific Corporation (UNP) | $24.51B | Industrials |
Frequently asked questions
What is Carrier Global's revenue?
- Latest reported revenue for Carrier Global (CARR) is $21.75B (period ending December 31, 2025).
How has Carrier Global revenue changed year-over-year?
- Carrier Global (CARR) revenue changed -3.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Carrier Global revenue?
- Carrier Global (CARR) revenue compound annual growth rate is +4.5% over the most recent 5 years available.
When did Carrier Global revenue hit its highest annual value?
- Carrier Global revenue reached its highest annual value of $22.49B in 2024.
What was Carrier Global revenue in 2024?
- Carrier Global (CARR) revenue in 2024 was $22.49B.
What was Carrier Global revenue in 2025?
- Carrier Global (CARR) revenue in 2025 was $21.75B.
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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