Carrier said its Q4 2024 sales rose to $5.1 billion, up 19% from the prior year (organic growth of 6%). It said GAAP EPS from continuing operations was ($0.05) and adjusted EPS was $0.54, up 50%.

1. 01

   Carrier said its Q4 2024 sales rose to $5.1 billion, up 19% from the prior year (organic growth of 6%). It said GAAP EPS from continuing operations was ($0.05) and adjusted EPS was $0.54, up 50%.

2. 02

   The company said it posted a GAAP net loss from continuing operations of $48 million in Q4 2024. It explained that a tax charge of about $650 million tied to an internal business re-organization was more than offset by a related tax benefit recorded in discontinued operations.

3. 03

   Carrier said its full-year 2024 sales rose to $22.5 billion, up 19% from the prior year (organic growth of 3%). It said it returned about $2.6 billion to shareholders, including about $0.7 billion in dividends and about $1.9 billion in share repurchases.

4. 04

   Carrier expects full-year 2025 reported sales of $22.5 billion to $23.0 billion, adjusted EPS of $2.95 to $3.05, and free cash flow of $2.4 billion to $2.6 billion. The company also said it expects to repurchase about $3 billion of shares.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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