CARRIER GLOBAL CorpCARR

Market cap
$44.9B
P/E ratio
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net earnings (loss)2,0061,7013,5841,4405,708
Discontinued operations, net of tax----4,496
Depreciation and amortization3363383805421,232
Deferred income tax provision97-74-124-233-352
Stock-based compensation cost----86
Equity method investment net earnings207249262211231
(Gain) loss on extinguishment of debt--36-82
(Gain) loss on sale of investments / deconsolidation1,123-21,815-278322
Accounts receivable, net-499714514840
Inventories, net240408334-237-292
Accounts payable and accrued liabilities2378296147787
Distributions from equity method investments16915914812946
Other operating activities, net-2204-1432357
Net cash flows provided by (used in) continuing operating activities----1,571
Net cash flows provided by (used in) discontinued operating activities-----1,008
Net cash flows provided by (used in) operating activities1,6922,2371,7432,607563
Capital expenditures312344353469519
Investment in businesses, net of cash acquired-3665068410,890
Dispositions of businesses--2,90254634
Settlement of derivative contracts, net--19450264
Payment to former shareholders of TCC--104--
Other investing activities, net-1-7--23-14
Net cash flows provided by (used in) continuing investing activities-----11,025
Net cash flows provided by (used in) discontinued investing activities----9,000
Net cash flows provided by (used in) investing activities1,106-6921,745-660-2,025
Proceeds from (Repayments of) Short-Term Debt-2313-140-1550
Issuance of long-term debt11,7841404325,6093,412
Repayment of long-term debt1,9117041,2751115,345
Repurchases of common stock-5271,380621,944
Dividends paid on common stock138417509620670
Dividends paid to non-controlling interest4842465884
Other financing activities, net14-25-13-131-30
Net cash flows provided by (used in) continuing financing activities-----4,611
Net cash flows provided by (used in) discontinued financing activities-----25
Net cash flows provided by (used in) financing activities-681-1,562-2,9314,612-4,636
Effect of foreign exchange rate changes on cash and cash equivalents---88-103
Net increase (decrease) in cash and cash equivalents and restricted cash, including cash classified in current assets held for sale2,162-335016,647-6,201
Less: Change in cash balances classified as assets held for sale-60-157-320
Net increase (decrease) in cash and cash equivalents and restricted cash--935016,490-5,881