Carrier Q4 adj EPS $0.54 (+50% YoY); guides 2025 adj EPS $2.95-$3.05, up ~15-20%

CARRIER GLOBAL Corp

2024-FY EPS reported $6.15 revenue$22,486,000,000

Q4 sales $5.1B (+19% YoY, +6% organic); GAAP EPS ($0.05) on $650M tax charge; adj EPS $0.54.
FY 2024 sales $22.5B (+19%); adj EPS $2.56 (+16%); returned ~$2.6B to shareholders.
Q4 adj operating margin expanded 370 bps; FY adj margin expanded 180 bps.
2025 guidance: sales $22.5-23.0B; adj op margin 16.5-17.0%; adj EPS $2.95-$3.05; FCF $2.4-2.6B.
Expects ~$3B share repurchases in 2025; CCR divestiture creates ~$750M revenue headwind.

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