CARRIER GLOBAL Corp（CARR）の決算・業績分析
CARRIER GLOBAL Corpの2025年有価証券報告書をAI分析。売上高$21.7B(-3.3%)。営業利益$2.2B。Other。
目次
CARRIER GLOBAL Corpの2025年度 業績サマリー
CARRIER GLOBAL Corp（証券コード: CARR）の2025年度決算・業績分析。売上高は$21.7B（前年比-3.3%）。営業利益は$2.2B（前年比-17.9%）。純利益は$1.5B（前年比-73.5%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
CARRIER GLOBAL Corpの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Net income surged 107.8% YoY to $3.5B (XBRL), driven by divestiture gains and improved operating income.
- Operating income rose 50.6% YoY to $4.0B (XBRL), with a 23.0% operating margin, reflecting cost management and pricing actions.
- Shareholder returns totaled $1.9B (XBRL), including $1.4B in share repurchases and $509M in dividends.
- Cash reserves reached $3.3B (XBRL), with a strong current ratio of 2.80x and ROE of 49.8% (XBRL).
CARRIER GLOBAL Corpの売上高変化の要因
- •Total revenue declined 16.1% YoY to $17.3B (XBRL), driven by divestitures (Access Solutions, Industrial Fire, CCR) and weak macroeconomic conditions, partially offset by the acquisition of Viessmann. Segment revenue figures are not disclosed (XBRL). Historical data shows revenue peaked at $20.6B in FY2023 before declining to $17.3B in FY2024 (Historical Time Series).
CARRIER GLOBAL Corpの営業利益変化の要因
- •Operating income increased 50.6% YoY to $4.0B (XBRL), with a 23.0% operating margin, attributed to cost management and pricing actions (10-K). Net income rose 107.8% YoY to $3.5B (XBRL), driven by gains from divestitures and higher operating income (10-K). Gross profit and gross margin data are not available (XBRL).
CARRIER GLOBAL Corpの事業リスクと対応
International operations risks could harm competitive position and financials (10-K).
Climate regulations and events may disrupt business (10-K).
Supplier disruptions or raw material shortages could increase costs (10-K).
Cybersecurity incidents risk data loss and operational disruption (10-K).
Acquisition integration challenges may prevent realizing expected benefits (10-K).
Regulatory and geopolitical risks include climate regulations, litigation, and U.S. government business risks (10-K).
CARRIER GLOBAL Corpの今後の見通し・業績予想
CARRIER GLOBAL Corpの事業内容
CARRIER GLOBAL Corp (CARR) provides intelligent climate and energy solutions through two segments: HVAC (heating, cooling, ventilation products and services) and Refrigeration (transport and preservation solutions for food/medicine). Revenue is derived from new equipment (75%) and parts/service (25%) (10-K). Key brands include Carrier, Viessmann, Toshiba, and Carrier Transicold (10-K). The company serves residential, commercial, education, healthcare, retail, hospitality, data center, and infrastructure markets with no significant customer concentration (10-K). Competitive advantages include industry-leading brands, innovation in digital solutions (e.g., Carrier Energy), and a broad product portfolio (10-K).
CARRIER GLOBAL CorpのAI業績分析レポート（2024年度）
CARRIER GLOBAL Corp (CARR) FY2024 Annual Report Analysis
Highlights
Business Overview
CARRIER GLOBAL Corp provides intelligent climate and energy solutions through two segments: HVAC (heating, cooling, ventilation products and services) and Refrigeration (transport and preservation solutions for food/medicine). Revenue is derived from new equipment (75%) and parts/service (25%) (10-K). Key brands include Carrier, Viessmann, Toshiba, and Carrier Transicold (10-K). The company serves residential, commercial, education, healthcare, retail, hospitality, data center, and infrastructure markets with no significant customer concentration (10-K). Competitive advantages include industry-leading brands, innovation in digital solutions (e.g., Carrier Energy), and a broad product portfolio (10-K).
Revenue Analysis
Total revenue declined 16.1% YoY to $17.3B (XBRL), driven by divestitures (Access Solutions, Industrial Fire, CCR) and weak macroeconomic conditions, partially offset by the acquisition of Viessmann. Segment revenue figures are not disclosed (XBRL). Historical data shows revenue peaked at $20.6B in FY2023 before declining to $17.3B in FY2024 (Historical Time Series):
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 18.9B | 18.6B | 17.5B | 20.6B | 17.3B | 19.0B |
| Operating Income | 3.6B | 2.5B | 3.1B | 2.6B | 4.0B | 2.2B |
| Net Income | 2.8B | 2.2B | 2.0B | 1.7B | 3.5B | 1.3B |
| Total Assets | 22.4B | 25.1B | 26.2B | 26.1B | 32.8B | 37.4B |
| Total Equity | 14.8B | 14.3B | 14.4B | 6.6B | 7.1B | 8.1B |
| Operating Cash Flow | 2.1B | 2.1B | 1.7B | 2.2B | 1.7B | 2.6B |
Profitability Analysis
Operating income increased 50.6% YoY to $4.0B (XBRL), with a 23.0% operating margin, attributed to cost management and pricing actions (10-K). Net income rose 107.8% YoY to $3.5B (XBRL), driven by gains from divestitures and higher operating income (10-K). Gross profit and gross margin data are not available (XBRL).
Balance Sheet Analysis
Equity ratio is 21.6% (XBRL), with a debt-to-equity ratio of 3.36x (XBRL). Cash reserves totaled $3.3B (XBRL). Total assets grew to $32.8B in FY2024 (XBRL), while total equity increased to $7.1B (XBRL). No detailed breakdown of asset quality or leverage structure is provided (XBRL).
Cash Flow Analysis
Operating cash flow was $1.7B (XBRL), lower than net income ($3.5B). Free cash flow reached $3.5B (XBRL). Investing cash flow was $1.7B (XBRL), reflecting major divestitures (Access Solutions: $5.0B, Industrial Fire: $1.4B, CCR: $679M). Financing cash flow was -$2.9B (XBRL), with $509M in dividends and $1.4B in share repurchases (XBRL).
Working Capital Analysis
N/A
Risks
Outlook
Management monitors trade policy risks and tariff impacts (10-K). Key forward-looking trends include trade policy uncertainty, divestitures, and secular drivers like urbanization and energy efficiency (10-K). No specific financial guidance is provided (10-K).
Otherの企業一覧
CARRIER GLOBAL Corpと同じ「Other」セクターの企業