Financial insights of CARR

MyFinsight

For the year ending 2025-12-31, CARR made $21,747M in revenue. $1,484M in net income. Net profit margin of 6.82%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total net sales	21,747	22,486	22,098	20,421
Cost of goods sold-Product	14,232	14,580	13,831	13,337
Cost of goods sold-Service	1,891	1,925	1,884	1,620
Research and development	625	686	617	539
Selling, general and administrative	3,092	3,197	3,297	2,512
Total costs and expenses	19,840	20,388	19,629	18,008
Equity method investment net earnings	229	231	211	262
Other income (expense), net	36	317	-384	1,840
Operating profit	2,172	2,646	2,296	4,515
Non-service pension benefit (expense)	10	1	1	4
Interest (expense) income, net	-364	-371	-211	-219
Earnings before income taxes	1,798	2,274	2,084	4,292
Income tax (expense) benefit	240	1,062	644	708
Earnings from continuing operations	1,558	1,212	-	-
Discontinued operations, net of tax	29	4,496	-	-
Net earnings (loss)	1,587	5,708	1,440	3,584
Less non-controlling interest in subsidiaries'	103	104	91	50
Net income attributable to common shareowners	-	-	1,349	3,534
Net earnings (loss) attributable to common shareowners	1,484	5,604	-	-

Basic (in shares)	852,400,000	898,200,000	837,300,000	843,400,000
Diluted (in shares)	862,400,000	911,700,000	853,000,000	861,200,000
Net earnings (loss), basic (in dollars per share)	1.74	6.24	1.61	4.19
Net earnings (loss), diluted (in dollars per share)	1.72	6.15	1.58	4.1