Highest-materiality recent filing
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).
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 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 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 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 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.
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.
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 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.
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.
Max materiality 0.95 · Median 0.55 · Most common event earnings