Highest-materiality recent filing
Carrier Q2 2026 beats expectations; raises full-year sales, adj. op. profit and adj. EPS guidance
Q2 net sales $6.35B (+4% YoY); organic sales +3%; GAAP EPS $0.60, adjusted EPS $0.86 (-7% YoY).
Carrier appoints Neil Barua, CEO of PTC, to board of directors
Neil Barua appointed as independent director effective July 24, 2026, term expiring at 2027 annual meeting.
Carrier Q1 GAAP EPS $0.28 (-40%), Adj EPS $0.57 (-12%); sales up 2% to $5.34B
GAAP operating profit $259M (-59% YoY); adjusted op profit $594M (-30%); net sales $5.34B (+2% reported, -1% organic).
All 10 director nominees elected with average support ~94% of votes cast (excl. broker non-votes).
Carrier Q4 GAAP EPS $0.03, adjusted EPS $0.34; guides 2026 adj EPS ~$2.80
Q4 net sales $4.837B (-6% YoY); organic sales -9%; GAAP EPS $0.03, adjusted EPS $0.34.
Carrier cuts FY2025 guidance; Q3 adjusted EPS $0.67 vs $0.77 YoY, sales down 7%
Q3 net sales $5.579B (-7% YoY); organic -4%; GAAP EPS $0.47, adjusted EPS $0.67 (-13%).
Carrier appoints Beril Yildiz as VP, Controller and CAO effective Sept 22, 2025
Beril Yildiz, former SVP & CAO at IFF, joins Carrier as VP, Controller and CAO.
Carrier Q2 adjusted EPS $0.92 beats $0.73; organic sales up 6%, FY guidance reaffirmed
Q2 net sales $6.1B (+3% YoY); organic sales growth 6% driven by Commercial HVAC up 45%.
Carrier files 8-K with XBRL data; no substantive event disclosed
Filing contains only XBRL metadata and taxonomy references; no press release or narrative.
Carrier repurchases $300M in stock from director Viessmann at 1.5% discount
Repurchased 4,267,425 shares from Viessmann HoldCo for $300M at $70.30/share.
Carrier Q1 adjusted EPS $0.65 (+27% YoY); raises FY2025 EPS guidance to $3.00-$3.10
GAAP EPS $0.47, adjusted EPS $0.65; sales $5.22B (organic +2%).
Carrier Global Controller resigns; CFO named interim Controller effective May 2
Kyle Crockett, VP, Controller and CAO, resigning effective May 2, 2025 to pursue another opportunity; no disagreement with Company.
Carrier Global shareholders approve 17M share increase for 2020 LTIP at annual meeting
Shareholders approved 2020 LTIP amendment, increasing authorized shares for future issuance by 17M to 107M total.
Carrier Q4 adj EPS $0.54 (+50% YoY); guides 2025 adj EPS $2.95-$3.05, up ~15-20%
Q4 sales $5.1B (+19% YoY, +6% organic); GAAP EPS ($0.05) on $650M tax charge; adj EPS $0.54.
Carrier appoints Amy Miles to board of directors; effective Jan 15, 2025
Amy Miles appointed independent director effective Jan 15, 2025; term expires at 2025 annual meeting.
Carrier Global refinances $2.5B revolver, replaces two prior credit facilities
Entered new 5-year $2.5B senior unsecured revolving credit agreement on Dec 20, 2024.
Kevin O'Connor, SVP and Chief Legal Officer, to step down effective January 1, 2025.
Carrier completes $3B sale of Fire business to Lone Star; final portfolio transformation step
Completed sale of Commercial & Residential Fire business to Lone Star Funds affiliate for $3B enterprise value.
Carrier issues €750M 3.625% notes due 2037, redeems €756M of 4.375% notes due 2025
Issued €750M aggregate principal of 3.625% euro-denominated notes due 2037.
Carrier Global calls €750M of 4.375% notes due 2025; launches €750M notes due 2037
Carrier delivered conditional notice to redeem all €750M of 4.375% Notes due 2025 on Nov 8, 2024.
Carrier prices €750M 3.625% notes due 2037; to redeem €750M 4.375% notes due 2025
Priced €750 million of 3.625% euro-denominated notes due 2037; expected to close November 8, 2024.
Q3 net sales of $6.0B, up 21% YoY; organic sales up 4%; GAAP EPS from cont ops $0.62, adjusted $0.77
Carrier enters $615M AFFF settlement; expects insurance to cover full amount
Settlement resolves all present and future AFFF-related claims against Carrier from KFI liabilities.
Carrier agrees to sell Commercial & Residential Fire business to Lone Star Funds for $3B
Enterprise value of $3 billion; expected close by end of 2024 subject to regulatory approvals.
Carrier Q2 sales $6.7B +12%; adj EPS $0.87; FY guidance reaffirmed; $1B buyback planned
GAAP EPS $2.55, adjusted EPS $0.87; adjusted operating margin expanded 200 bps.
Director Beth A. Wozniak resigns from Carrier Board, effective June 19, 2024
Resignation is not due to any disagreement with the Company's operations, policies or practices.
Carrier's President of Fire & Security to step down effective July 1, 2024
Jurgen Timperman, President, Fire & Security, will leave Carrier on July 1, 2024.
Timothy N. White transitions from President, Refrigeration to SVP and Chief Product Officer effective July 1, 2024.
Carrier closes $4.95B sale to Honeywell, repays €2.3B facility, redeems $1.0B notes
Completed sale of Global Access Solutions to Honeywell for $4.95B enterprise value.
Carrier enters $500M 364-day credit facility, replaces prior $500M revolver
New $500M 364-day senior unsecured revolving credit agreement dated May 17, 2024, with JPMorgan as administrative agent.
Carrier Q1 sales up 17% to $6.2B; adjusted EPS $0.62; raises margin guidance to ~15.5%
Net sales $6.2B, up 17% YoY (organic +2%); GAAP EPS $0.29, adjusted EPS $0.62.
Carrier files amendment to correct typo in director terms from annual meeting
Amendment corrects a typographical error in the term of directors elected at 2025 annual meeting.
Carrier holds 2024 annual meeting; all director nominees elected, say-on-pay approved
All 10 director nominees elected with 747M to 764M votes for; broker non-votes ~59M.
Carrier Q4 adj. EPS $0.53 (+33% YoY); FY2024 guidance adj. EPS $2.80-$2.90
Q4 sales $5.1B flat YoY; GAAP EPS $0.49 (+53%), adjusted EPS $0.53 (+33%).
Carrier grants CEO Gitlin supplemental award: 446K PSUs, 1.73M SARs at $56.33
Supplemental award: 446,110 PSUs (target) tied to adjusted EPS growth 2024-2026; payout 0-200%.
Carrier closes Viessmann Climate Solutions acquisition for ~$14.2B total consideration
Total consideration: EUR 10.2B cash plus 58.6M Carrier common shares (estimated ~$14.2B).
Carrier sells security business (Global Access Solutions) to Honeywell for $4.95B
Enterprise value of $4.95B, subject to working capital and net indebtedness adjustments at close.
Carrier to sell Global Access Solutions to Honeywell for $4.95B
Enterprise value $4.95B, representing ~17x 2023 expected EBITDA.
Carrier closes €2.35B and $3B note offerings to back Viessmann acquisition
€2.35B Euro Notes: €750M 4.375% due 2025, €750M 4.125% due 2028, €850M 4.500% due 2032.
Carrier prices $3B USD and €2.35B notes to fund Viessmann acquisition
USD Notes: $1B 5.800% due 2025, $1B 5.900% due 2034, $1B 6.200% due 2054.
Carrier plans private note offering to fund Viessmann acquisition, provides VCS financials
Carrier intends to privately offer senior unsecured notes in USD and EUR for the cash portion of the Viessmann Climate Solutions (VCS) acquisition.
Carrier Q3 sales up 5% to $5.7B; adjusted EPS $0.89; raises FY adjusted EPS guidance to ~$2.70
GAAP EPS $0.42; adjusted EPS $0.89 on adjusted operating profit of $1.0B (+21% YoY).
Carrier Q2: sales $6.0B (+15%), adj EPS $0.79; FY adj EPS guidance raised to $2.55-$2.65
Net sales $6.0B, up 15% YoY (organic +6%); commercial HVAC up high-teens, North America resi HVAC +5%.
Carrier approves $2.5M performance & retention bonus for Fire & Security president amid divestiture
Jurgen Timperman, President of Fire & Security, eligible for cash bonuses up to $2.5M over multi-year period.
Carrier enters $2B revolver, €2.3B term loan to help finance Viessmann acquisition
Entered 5-year $2B revolving credit facility, 364-day $500M revolver, and €2.3B delayed draw term loan.
Carrier to acquire Viessmann Climate Solutions for EUR 12B in cash and stock
Base purchase price EUR 12B: EUR 9.6B cash + 58.6M Carrier shares (antidilution protected).
Acquires Viessmann Climate Solutions for €12B (~13X 2023 projected synergized EBITDA); 80% cash, 20% stock.
GAAP EPS $0.44, adjusted EPS $0.52; net income $373M, adjusted net income $442M.
Carrier Global shareholders elect board, approve say-on-pay, ratify PwC, reject CEO/chair split
All nine director nominees elected; Susan Story received highest support with 689.4M votes for.
Carrier Q4 sales $5.1B, adj EPS $0.40; guides FY23 adj EPS $2.50-2.60
Q4 sales $5.1B (-1% reported, +5% organic). GAAP EPS $0.32, adjusted EPS $0.40.
On April 16, 2025, Patrick Goris, Senior Vice President and Chief Financial Officer of the Company, agreed to become interim Controller of the Company, effective May 2, 2025, while a search for a permanent replacement is conducted.
On April 16, 2025, Kyle Crockett, Vice President, Controller and Chief Accounting Officer of Carrier Global Corporation (the “Company”), informed the Company that he is resigning to pursue another opportunity.
The Board of Directors of Carrier Global Corporation (the “Company”) appointed Amy E. Miles as an independent director, effective January 15, 2025, with a term expiring at the 2025 Annual Meeting of Shareowners.
On June 19, 2024, Carrier Global Corporation (the “Company”) announced that Beth A. Wozniak, a member of the Company’s Board of Directors and its Governance and Technology and Innovation committees, will step down from the Board and the committees on which she serves effective immediately.
On June 18, 2024, Carrier Global Corporation (the "Company") announced that Jurgen Timperman, President, Fire & Security of the Company, would be stepping down, effective as of July 1, 2024
On June 6, 2024, Carrier Global Corporation (the “Company”) announced that Timothy N. White, the Company’s President, Refrigeration, will transition into the newly-established role of Senior Vice President and Chief Product Officer of the Company, effective July 1, 2024.
Effective as of the Closing, on January 2, 2024, Maximilian Viessmann was appointed as a member of the Board, with a term expiring at Carrier’s 2024 annual meeting of shareowners.
appointed Susan N. Story as an independent director, effective January 15, 2023
On December 14, 2021, John V. Faraci informed Carrier Global Corporation (the “ Company ”) that he will not stand for re-election to the Company’s Board of Directors (the “ Board ”) at the Company’s 2022 annual meeting of shareowners (the “ 2022 Annual Meeting ”).
The Company also announced today that Timothy N. White has been named President, Refrigeration, of the Company, effective August 16, 2021.
On July 12, 2021, Carrier Global Corporation (the “Company”) and David Appel mutually agreed that, effective August 16, 2021, Mr. Appel will step down from his position as President, Refrigeration, of the Company and will lead the Refrigeration segment’s Commercial Refrigeration business.
Max materiality 1.00 · Median 0.70 · Most common event earnings