CARR — Carrier Global Income Statement

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Annual income statement for Carrier Global, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	R2022 December 31st	R2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	8-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	20,613	17,288	18,951	22,486	21,747
Cost of Revenue
Gross Profit	6,008	4,303	5,175	6,023	5,624
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	17,968	13,304	16,791	19,840	19,575
Operating Profit	2,645	3,984	2,160	2,646	2,172
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	2,400	3,823	1,999	2,274	1,798
Provision for Income Taxes
Net Income After Taxes	1,701	3,207	1,478	1,212	1,558
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	1,664	3,534	1,349	5,604	1,484
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	1,664	3,534	1,349	5,604	1,484
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.96	1.92	1.8	1.12	1.95
Dividends per Share