Expense Ratio (Quarterly)

Expense Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The expense ratio is calculated by taking the operating expenses and then dividing them by earned premium. Calculated as: (Total Operating Expenses - Underwriting Losses Total) / Net Premiums Earned

Carrier Global Corporation (CARR) Expense Ratio data is not available.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$5.22B
Net Income	$412.00M
Cost of Goods Sold	$3.77B
Gross Profit	$1.45B
Operating Expenses	$4.59B
Operating Income	$629.00M
Non-Operating Income/Expense	$-81.00M
Pre-Tax Income	$548.00M
Normalized Pre-Tax Income	$548.00M
Income after Taxes	$437.00M
Income from Continuous Operations	$437.00M
Consolidated Net Income/Loss	$437.00M
Normalized Income after Taxes	$437.00M
EBIT	$629.00M
EBITDA	$932.00M
Weighted-Average Shares Outstanding (Basic)	866.90M
Weighted-Average Shares Outstanding (Diluted)	878.30M
Earnings per Share (EPS) (Basic)	$0.47
Earnings per Share (EPS) (Diluted)	$0.47
Balance Sheet Financials
Current Assets	$8.44B
Property, Plant, and Equipment	$3.04B
Long-Term Assets	$28.00B
Total Assets	$36.45B
Current Liabilities	$7.01B
Long-Term Debt	$11.08B
Long-Term Liabilities	$15.24B
Total Liabilities	$22.25B
Common Equity	$14.20B
Tangible Shareholders Equity	$-7.24B
Shareholders Equity	$14.20B
Common Shares Outstanding	857.31M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$483.00M
Cash Flow from Investing Activities	$-23.00M
Cash Flow from Financial Activities	$-2.75B
Beginning Cash	$3.97B
End Cash	$1.70B
Increase/Decrease in Cash	$-2.27B
Stock-Based Compensation	$23.00M
Common Stock Dividends Paid	$-198.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.20
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.44
Debt to Equity Ratio	0.79
Gross Margin	27.69%
Operating Margin	12.05%
EBIT Margin	12.05%
EBITDA Margin	--
Pre-Tax Profit Margin	10.50%
Profit Margin	7.90%
Free Cash Flow	$420.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.14
Inventory Turnover	1.42
Receiveable Turnover	1.75
Days Sales in Receivables	51.38
Return on Equity	3.08%
Return on Tangible Equity	-6.04%
Return on Assets	1.20%
Return on Investments	1.73%
Book Value Per Share	$16.56
Free Cash Flow per Share	$0.48
Operating Cash Flow per Share	$0.55

Data from Zacks Investment Research, Inc.