Carrier Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2017
Revenue	22,098	20,421	20,613	17,456	18,608	Upgrade
Revenue Growth (YoY)	8.21%	-0.93%	18.09%	-6.19%	-1.62%	Upgrade
Cost of Revenue	15,715	14,957	14,633	12,347	13,189	Upgrade
Gross Profit	6,383	5,464	5,980	5,109	5,419	Upgrade
Selling, General & Admin	3,297	2,512	3,120	2,820	2,761	Upgrade
Research & Development	617	539	503	419	401	Upgrade
Operating Expenses	3,914	3,051	3,623	3,239	3,162	Upgrade
Operating Income	2,469	2,413	2,357	1,870	2,257	Upgrade
Interest Expense / Income	211	219	306	288	-27	Upgrade
Other Expense / Income	265	-2,048	-312	-1,249	-349	Upgrade
Pretax Income	1,993	4,242	2,363	2,831	2,633	Upgrade
Income Tax	644	708	699	849	517	Upgrade
Net Income	1,349	3,534	1,664	1,982	2,116	Upgrade
Net Income Growth	-61.83%	112.38%	-16.04%	-6.33%	-22.60%	Upgrade
Shares Outstanding (Basic)	837	843	868	867	866	Upgrade
Shares Outstanding (Diluted)	853	861	890	880	866	Upgrade
Shares Change	-0.95%	-3.27%	1.15%	1.62%	-	Upgrade
EPS (Basic)	1.61	4.19	1.92	2.29	2.44	Upgrade
EPS (Diluted)	1.58	4.10	1.87	2.25	2.44	Upgrade
EPS Growth	-61.46%	119.25%	-16.89%	-7.79%	-22.78%	Upgrade
Free Cash Flow	2,138	1,390	1,893	1,380	1,820	Upgrade
Free Cash Flow Per Share	2.55	1.65	2.18	1.59	2.10	Upgrade
Dividend Per Share	0.555	0.635	0.510	0.280	-	Upgrade
Dividend Growth	-12.60%	24.51%	82.14%	-	-	Upgrade
Gross Margin	28.88%	26.76%	29.01%	29.27%	29.12%	Upgrade
Operating Margin	11.17%	11.82%	11.43%	10.71%	12.13%	Upgrade
Profit Margin	6.10%	17.31%	8.07%	11.35%	11.37%	Upgrade
Free Cash Flow Margin	9.68%	6.81%	9.18%	7.91%	9.78%	Upgrade
Effective Tax Rate	32.31%	16.69%	29.58%	29.99%	19.64%	Upgrade
EBITDA	2,746	4,841	3,007	3,455	2,941	Upgrade
EBITDA Margin	12.43%	23.71%	14.59%	19.79%	15.81%	Upgrade
Depreciation & Amortization	542	380	338	336	335	Upgrade
EBIT	2,204	4,461	2,669	3,119	2,606	Upgrade
EBIT Margin	9.97%	21.85%	12.95%	17.87%	14.00%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).