Below are the financial statements of Carrier Global, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 | 2022 2022-01-01 - 2022-12-31 |
|---|---|---|---|
| Net sales | — | — | — |
| Product sales | 19,990b | 16,665b | 15,315b |
| Service sales | 2,496b | 2,286b | 1,973b |
| Total net sales | 22,486b | 18,951b | 17,288b |
| Costs and expenses | — | — | — |
| Cost of products sold | -14,580b | -12,002b | -11,459b |
| Cost of services sold | -1,925b | -1,787b | -1,532b |
| Research and development | -686b | -493b | -416b |
| Selling, general and administrative | -3,197b | -2,607b | -1,977b |
| Total costs and expenses | -20,388b | -16,889b | -15,384b |
| Equity method investment net earnings | 231b | 211b | 262b |
| Other income (expense), net | 317b | -113b | 1,818b |
| Operating profit | 2,646b | 2,160b | 3,984b |
| Non-service pension benefit (expense) | -1b | -1b | -4b |
| Interest (expense) income, net | -371b | -160b | -157b |
| Earnings before income taxes | 2,274b | 1,999b | 3,823b |
| Income tax (expense) benefit | -1,062b | -521b | -616b |
| Earnings from continuing operations | 1,212b | 1,478b | 3,207b |
| Discontinued operations, net of tax | 4,496b | -38b | 377b |
| Net earnings (loss) | 5,708b | 1,440b | 3,584b |
| Less: non-controlling interest in subsidiaries' | 104b | 91b | 50b |
| Net earnings (loss) attributable to common shareowners | 5,604b | 1,349b | 3,534b |
| Amounts attributable to common shareowners | — | — | — |
| Continuing operations | 1,108b | 1,387b | 3,157b |
| Discontinued operations | 4,496b | -38b | 377b |
| Net earnings (loss) attributable to common shareowners | 5,604b | 1,349b | 3,534b |
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