Carrier reports strong first quarter 2025 results

Net sales down 4% given prior year divestiture; organic sales up 2% gaap eps of $0.47 up 147% and adjusted eps of $0.65 up 27% gaap operating margin up 500 bps; adjusted operating margin up 210 bps net cash flows from operating activities were $483 million and free cash flow was $420 million returned $1.5 billion to shareholders through share repurchases and dividends and paid down $1.2 billion in debt fully mitigating impact of tariffs in effect today increasing full-year 2025 adjusted earnings per share guidance transitioned to new segment reporting palm beach gardens, fla. , may 1, 2025 /prnewswire/ -- carrier global corporation (nyse:carr), global leader in intelligent climate and energy solutions, today reported strong financial results for the first quarter of 2025 and increased its full year guidance.
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