Carrier (CARR) - 2025 Q4 - Earnings Call Presentation

Q4 2025 Earnings Conference Call February 5, 2026 2025 Q4 Earnings | February 5, 2026 2 2025 Summary | Sales | $21.7B Organic1 (1%) Y/Y | Q4 orders up >15% | | --- | --- | --- | | Adjusted operating | $3.3B | | | profit1 | (7%) Y/Y | | | Adjusted operating | 15.1% | year | | margin1 | (70bps) Y/Y | expected to be up ~50% | | Adjusted EPS1 | $2.59 | share gains | | | 1% Y/Y | | | | | expected to be up double-digits again in 2026 | | Free cash flow1 | $2.1B | | Highlights • Record CSA commercial orders, up >8 ...