---
schema_version: "secwatch.filing_event.v1"
accession: "0001783180-24-000007"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:22:52.071423+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Carrier Q4 adj. EPS $0.53 (+33% YoY); FY2024 guidance adj. EPS $2.80-$2.90

## Summary
- Q4 sales $5.1B flat YoY; GAAP EPS $0.49 (+53%), adjusted EPS $0.53 (+33%).
- FY2023 sales $22.1B (+8%); adjusted EPS $2.73; free cash flow $2.1B (+53%).
- FY2024 guidance: sales ~$26.5B, adj. EPS $2.80-2.90, adj. operating margin 15.0-15.5%.
- Completed Viessmann Climate Solutions acquisition in Jan 2024; agreed to sell Global Access Solutions and Commercial Refrigeration for ~$6B combined.
- Q4 HVAC segment: NA residential sales down high-single digits offset by global commercial HVAC growth.

## SEC filing metadata
- accession: 0001783180-24-000007
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000007/0001783180-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000007/carr-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783180-24-000007
- JSON: https://secwatch.observer/filing/0001783180-24-000007.json
- Plain text: https://secwatch.observer/filing/0001783180-24-000007.txt

## Key facts
- Earnings Releases
  CARRIER GLOBAL Corp reported full-year 2023 results: revenue $22.1B, net income $1.3B, EPS $1.58.
  - Period: full-year 2023
  - Revenue: $22.1B
  - Net income: $1.3B
  - EPS: $1.58
  - Result: reported results
  source text: Carrier’s 2023 sales of $22.1B increased 8% compared to the prior year including organic sales growth of 3% and a 5% impact from acquisitions and divestitures. Gross margins increased 210 basis points compared to the prior year. GAAP operating profit of $2.3B decreased 49% due to prior year gains on the sale of Chubb and the acquisition of Toshiba Carrier, while adjusted operating profit increased 11% to $3.2B. Operating margin decreased due to the prior year impact of the Chubb and Toshiba Carrier-related gains. Adjusted operating margin increased despite the impact from the consolidation of Toshiba Carrier. Strong price realization more than offset continued inflation and productivity savings more than offset strategic incremental investments. GAAP EPS was $1.58 and adjusted EPS was $2.73. Net income was $1.3B, and adjusted net income was $2.3B.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000007/0001783180-24-000007-index.htm
- Earnings Releases
  CARRIER GLOBAL Corp reported full-year 2024 results: revenue $26.5B, EPS $2.80 - $2.90. Guidance initiated.
  - Period: full-year 2024
  - Revenue: $26.5B
  - EPS: $2.80 - $2.90
  - Guidance: initiated
  - Result: guidance update
  source text: Carrier is announcing the following outlook for 2024: 2024 Guidance** Sales ~$26.5B Organic* up MSD FX 0% Acquisitions +20% Divestitures (5%) Adjusted Operating Margin* 15.0% - 15.5% Adjusted EPS* $2.80 - $2.90 Free Cash Flow* ~$0.7B Includes $1.7B of expected tax payments on the gains from the announced business exits, restructuring, and transaction-related costs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000007/0001783180-24-000007-index.htm

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