---
schema_version: "secwatch.filing_event.v1"
accession: "0001783180-23-000010"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:03:24.454071+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carrier Q4 sales $5.1B, adj EPS $0.40; guides FY23 adj EPS $2.50-2.60

## Summary
- Q4 sales $5.1B (-1% reported, +5% organic). GAAP EPS $0.32, adjusted EPS $0.40.
- Full-year 2022 sales $20.4B (-1% reported, +8% organic). GAAP EPS $4.10, adj EPS $2.34.
- 2023 guidance: sales ~$22B, adj EPS $2.50-$2.60, free cash flow ~$1.9B.
- Adjusted operating margin ~14% for 2023, including ~50 bps negative impact from TCC acquisition.
- Free cash flow in Q4 was $983M; full-year FCF $1.4B; $1.4B in share repurchases during 2022.

## SEC filing metadata
- accession: 0001783180-23-000010
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000010/0001783180-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000010/carr-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783180-23-000010
- JSON: https://secwatch.observer/filing/0001783180-23-000010.json
- Plain text: https://secwatch.observer/filing/0001783180-23-000010.txt

## Key facts
- Earnings Releases
  CARRIER GLOBAL Corp reported full year 2022 results: revenue $20.4 billion, net income $3.5 billion, EPS $4.10.
  - Period: full year 2022
  - Revenue: $20.4 billion
  - Net income: $3.5 billion
  - EPS: $4.10
  - Result: reported results
  source text: • GAAP EPS of $0.32 and adjusted EPS of $0.40 • Net cash flow from operating activities of $1.1 billion and free cash flow of $983 million Full Year 2022 Highlights • Sales of $20.4 billion, down 1% compared to 2021 including 8% organic growth • GAAP EPS of $4.10 and adjusted EPS of $2.34 • Net cash flow from operating activities of $1.7 billion and free cash flow
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000010/0001783180-23-000010-index.htm
- Earnings Releases
  CARRIER GLOBAL Corp reported fourth quarter 2022 results: revenue $5.1 billion, net income $270 million, EPS $0.32.
  - Period: fourth quarter 2022
  - Revenue: $5.1 billion
  - Net income: $270 million
  - EPS: $0.32
  - Result: reported results
  source text: a filing. Section 9—Financial Statements and Exhibits --- EX-99 (EX-99) --- Carrier Reports 2022 Results and Announces 2023 Outlook Fourth Quarter 2022 Highlights • Sales of $5.1 billion, down 1% compared to 2021 including 5% organic growth • GAAP EPS of $0.32 and adjusted EPS of $0.40 • Net cash flow from operating activities of $1.1 billion and free cash flow
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000010/0001783180-23-000010-index.htm
- Earnings Releases
  CARRIER GLOBAL Corp reported full year 2023 results: revenue ~$22 billion, EPS $2.50 - $2.60. Guidance initiated.
  - Period: full year 2023
  - Revenue: ~$22 billion
  - EPS: $2.50 - $2.60
  - Guidance: initiated
  - Result: guidance update
  source text: growth • GAAP EPS of $4.10 and adjusted EPS of $2.34 • Net cash flow from operating activities of $1.7 billion and free cash flow of $1.4 billion Outlook for 2023 • Sales of ~$22 billion with low to mid-single digit organic* growth • Adjusted operating margin* of ~14%, includes ~50 bps negative impact from TCC • Adjusted EPS* of $2.50 - $2.60, up high-single to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000010/0001783180-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
