---
schema_version: "secwatch.filing_event.v1"
accession: "0001783180-24-000042"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:10:37.404982+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carrier Q1 sales up 17% to $6.2B; adjusted EPS $0.62; raises margin guidance to ~15.5%

## Summary
- Net sales $6.2B, up 17% YoY (organic +2%); GAAP EPS $0.29, adjusted EPS $0.62.
- Adjusted operating margin expanded 280 bps; full-year margin guidance raised to ~15.5% from 15.0-15.5%.
- Full-year adjusted EPS guidance maintained at $2.80-$2.90 despite $0.05 headwind from earlier business exits.
- Free cash outflow $64M in Q1 due to seasonal working capital; expect to resume share repurchases in 2024.
- Viessmann Climate Solutions contributed ~16% to sales; business exits on track with three of four closing within months.

## SEC filing metadata
- accession: 0001783180-24-000042
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000042/0001783180-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000042/carr-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783180-24-000042
- JSON: https://secwatch.observer/filing/0001783180-24-000042.json
- Plain text: https://secwatch.observer/filing/0001783180-24-000042.txt

## Key facts
- Earnings Releases
  CARRIER GLOBAL Corp reported first quarter of 2024 results: revenue $6.2 billion, net income $269 million, EPS $0.29. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Revenue: $6.2 billion
  - Net income: $269 million
  - EPS: $0.29
  - Guidance: reaffirmed
  - Result: reported results
  source text: in 2024 as the net proceeds from the announced transactions help us return to ~2x net leverage this year.” 1 First Quarter 2024 Results Carrier’s first quarter sales of $6.2 billion were up 17% compared to the prior year including 2% organic growth and approximately 16% contribution from the acquisition of Viessmann Climate Solutions offset by about 1% from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318024000042/0001783180-24-000042-index.htm

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