Carrier Historical Income Statement

CARR Stock

USD 80.84 0.42 0.52%

Historical analysis of Carrier Global income statement accounts such as Interest Income of 61.9 M, Depreciation And Amortization of 475.2 M or Interest Expense of 237 M can show how well Carrier Global Corp performed in making a profits. Evaluating Carrier Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Carrier Global's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Carrier Global Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Carrier Global Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Carrier Income Statement Analysis

Carrier Global Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Carrier Global shareholders. The income statement also shows Carrier investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Carrier Global Income Statement Chart

At this time, Carrier Global's Tax Provision is relatively stable compared to the past year. As of 10/08/2024, Interest Expense is likely to grow to about 237 M, while Interest Income is likely to drop slightly above 61.9 M.

Tax Provision Selling General Administrative Total Revenue Gross Profit Total Operating Expenses

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Carrier Global Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Carrier Global Corp minus its cost of goods sold. It is profit before Carrier Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Carrier Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Carrier Global Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	338M	380M	542M	475.2M
Interest Income	13M	83M	109M	61.9M

Depreciation And Amortization Interest Income

Carrier Global income statement Correlations

	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Selling And Marketing Expenses
Tax Provision		0.32	0.49	-0.53	-0.01	-0.72	-0.75	-0.71	-0.77	0.7	-0.66	0.8	-0.8	0.71	-0.75	-0.76	-0.19	0.21	0.47	-0.69	0.88	0.78	0.57
Net Interest Income	0.32		0.78	0.31	-0.92	-0.48	-0.44	-0.38	-0.49	0.68	-0.04	0.71	-0.57	0.8	-0.45	-0.55	-0.23	0.33	0.34	-0.06	0.39	0.8	0.42
Interest Income	0.49	0.78		0.21	-0.67	-0.53	-0.22	-0.22	-0.27	0.62	-0.21	0.72	-0.33	0.65	-0.22	-0.44	0.29	0.3	0.38	-0.21	0.34	0.68	0.06
Depreciation And Amortization	-0.53	0.31	0.21		-0.55	0.36	0.37	0.4	0.37	-0.41	0.12	-0.35	0.32	-0.22	0.35	0.38	0.3	-0.41	-0.5	0.15	-0.56	-0.14	-0.32
Interest Expense	-0.01	-0.92	-0.67	-0.55		0.12	0.17	0.05	0.21	-0.45	-0.02	-0.44	0.31	-0.51	0.21	0.19	0.03	-0.07	-0.02	-0.02	-0.03	-0.53	-0.24
Selling General Administrative	-0.72	-0.48	-0.53	0.36	0.12		0.76	0.88	0.78	-0.58	0.09	-0.73	0.7	-0.76	0.71	0.95	0.38	-0.72	-0.89	0.14	-0.83	-0.79	-0.43
Total Revenue	-0.75	-0.44	-0.22	0.37	0.17	0.76		0.96	1.0	-0.54	0.41	-0.64	0.95	-0.73	1.0	0.87	0.64	-0.31	-0.53	0.46	-0.89	-0.82	-0.84
Gross Profit	-0.71	-0.38	-0.22	0.4	0.05	0.88	0.96		0.96	-0.48	0.25	-0.6	0.88	-0.71	0.93	0.94	0.65	-0.49	-0.7	0.3	-0.89	-0.78	-0.71
Other Operating Expenses	-0.77	-0.49	-0.27	0.37	0.21	0.78	1.0	0.96		-0.59	0.41	-0.69	0.96	-0.77	0.99	0.89	0.63	-0.34	-0.55	0.46	-0.9	-0.86	-0.84
Operating Income	0.7	0.68	0.62	-0.41	-0.45	-0.58	-0.54	-0.48	-0.59		-0.28	0.97	-0.67	0.9	-0.56	-0.65	-0.29	0.45	0.51	-0.31	0.74	0.82	0.62
Net Income From Continuing Ops	-0.66	-0.04	-0.21	0.12	-0.02	0.09	0.41	0.25	0.41	-0.28		-0.37	0.44	-0.26	0.46	0.14	-0.15	0.56	0.28	1.0	-0.45	-0.38	-0.48
Ebit	0.8	0.71	0.72	-0.35	-0.44	-0.73	-0.64	-0.6	-0.69	0.97	-0.37		-0.74	0.95	-0.64	-0.76	-0.26	0.46	0.58	-0.4	0.82	0.91	0.62
Research Development	-0.8	-0.57	-0.33	0.32	0.31	0.7	0.95	0.88	0.96	-0.67	0.44	-0.74		-0.83	0.96	0.87	0.64	-0.26	-0.45	0.5	-0.88	-0.9	-0.85
Ebitda	0.71	0.8	0.65	-0.22	-0.51	-0.76	-0.73	-0.71	-0.77	0.9	-0.26	0.95	-0.83		-0.73	-0.85	-0.49	0.5	0.59	-0.3	0.84	0.96	0.72
Cost Of Revenue	-0.75	-0.45	-0.22	0.35	0.21	0.71	1.0	0.93	0.99	-0.56	0.46	-0.64	0.96	-0.73		0.83	0.62	-0.24	-0.46	0.51	-0.87	-0.82	-0.87
Total Operating Expenses	-0.76	-0.55	-0.44	0.38	0.19	0.95	0.87	0.94	0.89	-0.65	0.14	-0.76	0.87	-0.85	0.83		0.59	-0.65	-0.8	0.2	-0.9	-0.87	-0.62
Reconciled Depreciation	-0.19	-0.23	0.29	0.3	0.03	0.38	0.64	0.65	0.63	-0.29	-0.15	-0.26	0.64	-0.49	0.62	0.59		-0.38	-0.35	-0.09	-0.55	-0.44	-0.71
Income Before Tax	0.21	0.33	0.3	-0.41	-0.07	-0.72	-0.31	-0.49	-0.34	0.45	0.56	0.46	-0.26	0.5	-0.24	-0.65	-0.38		0.94	0.52	0.43	0.39	0.06
Total Other Income Expense Net	0.47	0.34	0.38	-0.5	-0.02	-0.89	-0.53	-0.7	-0.55	0.51	0.28	0.58	-0.45	0.59	-0.46	-0.8	-0.35	0.94		0.25	0.63	0.54	0.21
Net Income	-0.69	-0.06	-0.21	0.15	-0.02	0.14	0.46	0.3	0.46	-0.31	1.0	-0.4	0.5	-0.3	0.51	0.2	-0.09	0.52	0.25		-0.5	-0.43	-0.53
Income Tax Expense	0.88	0.39	0.34	-0.56	-0.03	-0.83	-0.89	-0.89	-0.9	0.74	-0.45	0.82	-0.88	0.84	-0.87	-0.9	-0.55	0.43	0.63	-0.5		0.85	0.78
Minority Interest	0.78	0.8	0.68	-0.14	-0.53	-0.79	-0.82	-0.78	-0.86	0.82	-0.38	0.91	-0.9	0.96	-0.82	-0.87	-0.44	0.39	0.54	-0.43	0.85		0.72
Selling And Marketing Expenses	0.57	0.42	0.06	-0.32	-0.24	-0.43	-0.84	-0.71	-0.84	0.62	-0.48	0.62	-0.85	0.72	-0.87	-0.62	-0.71	0.06	0.21	-0.53	0.78	0.72

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Carrier Global Account Relationship Matchups

Carrier Global income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	517M	849M	699M	708M	623M	715.0M
Net Interest Income	27M	(288M)	(306M)	(219M)	(218M)	(228.9M)
Interest Income	102M	10M	13M	83M	109M	61.9M
Depreciation And Amortization	699M	336M	338M	380M	542M	475.2M
Interest Expense	75M	298M	319M	302M	211M	237.0M
Selling General Administrative	2.8B	2.8B	3.1B	2.5B	3.0B	3.0B
Total Revenue	18.6B	17.5B	20.6B	20.4B	22.1B	21.4B
Gross Profit	5.4B	5.1B	6.0B	5.5B	6.4B	6.1B
Other Operating Expenses	16.4B	15.6B	18.3B	18.0B	19.6B	18.8B
Operating Income	2.5B	2.1B	2.6B	2.4B	2.3B	2.1B
Net Income From Continuing Ops	2.2B	2.0B	1.7B	3.6B	1.3B	2.3B
Ebit	2.5B	2.1B	2.4B	2.4B	2.3B	2.0B
Research Development	401M	419M	503M	539M	617M	509.6M
Ebitda	3.2B	2.4B	2.7B	2.8B	2.3B	2.3B
Cost Of Revenue	13.2B	12.3B	14.6B	15.0B	15.7B	15.2B
Total Operating Expenses	3.2B	3.2B	3.6B	3.1B	3.9B	3.6B
Reconciled Depreciation	335M	336M	338M	380M	530M	416.1M
Income Before Tax	2.7B	2.9B	2.4B	4.3B	2.1B	2.4B
Total Other Income Expense Net	181M	753M	(245M)	1.9B	(212M)	(201.4M)
Net Income Applicable To Common Shares	2.1B	2.0B	1.7B	3.5B	4.1B	2.4B
Net Income	2.1B	2.0B	1.7B	3.5B	1.4B	2.3B
Income Tax Expense	517M	849M	699M	708M	(644M)	(611.8M)
Minority Interest	333M	24M	(37M)	50M	(80M)	(76M)

Pair Trading with Carrier Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Carrier Stock

0.96	TT	Trane Technologies plc	Pair Corr
0.64	VKSC	Viskase Companies	Pair Corr
0.72	ANSLY	Ansell Ltd ADR	Pair Corr

Moving against Carrier Stock

0.64

JBI

Janus International

Pair Corr

The ability to find closely correlated positions to Carrier Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier Global Corp to buy it.

The correlation of Carrier Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier Global Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Carrier Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Carrier Stock Analysis

When running Carrier Global's price analysis, check to measure Carrier Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.

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Carrier Historical Income Statement

About Carrier Income Statement Analysis

Carrier Global Income Statement Chart

Tax Provision

Total Revenue

Gross Profit

Total Operating Expenses

Carrier Global income statement Correlations

Carrier Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Carrier Global income statement Accounts

Pair Trading with Carrier Global

Moving together with Carrier Stock

Moving against Carrier Stock

Additional Tools for Carrier Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Net Income	+ 1.0	Net Income From Continuing Ops
Cost Of Revenue	+ 0.99	Other Operating Expenses
Ebit	+ 0.97	Operating Income
Gross Profit	+ 0.96	Total Revenue

Interest Expense	- 0.92	Net Interest Income
Income Tax Expense	- 0.9	Total Operating Expenses
Minority Interest	- 0.9	Research Development
Income Tax Expense	- 0.9	Other Operating Expenses
Income Tax Expense	- 0.89	Gross Profit
Income Tax Expense	- 0.89	Total Revenue