How Carrier Global (CARR) Makes Money: A Visual Guide
Carrier Global (CARR) generated $21.75B in revenue (TTM through Q4 2025), earning $1.49B in net profit (6.9% margin). Its largest revenue source is Product (88.2% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Carrier Global (CARR) Income Statement Flow
Frequently asked questions
How does Carrier Global (CARR) make money?
- Carrier Global (CARR) primarily makes money through Product, which accounts for 88.2% of total revenue. For TTM through Q4 2025, Carrier Global generated $21.75B in total revenue with a net profit margin of 6.9%.
What is Carrier Global (CARR) gross profit margin?
- Carrier Global (CARR) reported a gross profit margin of 25.9% for TTM through Q4 2025, equivalent to $5.63B in gross profit. This means Carrier Global retains 25.9% of each revenue unit after direct costs of production.
What is Carrier Global (CARR) operating profit margin?
- Carrier Global (CARR) reported an operating profit margin of 9.9% for TTM through Q4 2025, equivalent to $2.15B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Carrier Global (CARR) net profit margin?
- Carrier Global (CARR) reported a net profit margin of 6.9% for TTM through Q4 2025, equivalent to $1.49B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Carrier Global (CARR) invest in R&D?
- Carrier Global (CARR) invested $625.00M in research and development in TTM through Q4 2025 (2.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Carrier Global (CARR) spend on capital expenditures?
- Carrier Global (CARR) spent $392.00M on capital expenditures in TTM through Q4 2025 (1.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Carrier Global (CARR) free cash flow?
- Carrier Global (CARR) generated $2.09B in free cash flow for TTM through Q4 2025 (9.6% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Carrier Global (CARR) effective tax rate?
- Carrier Global (CARR) had an effective tax rate of 17% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.