Carrier reports strong 2022 results and announces 2023 outlook

Fourth quarter 2022 highlights sales of $5.1 billion, down 1% compared to 2021 including 5% organic growth gaap eps of $0.32 and adjusted eps of $0.40 net cash flow from operating activities of $1.1 billion and free cash flow of $983 million full year 2022 highlights sales of $20.4b, down 1% compared to 2021 including 8% organic growth gaap eps of $4.10 and adjusted eps of $2.34 net cash flow from operating activities of $1.7 billion and free cash flow of $1.4 billion outlook for 2023 sales of ~$22 billion with low to mid-single-digit organic* growth adjusted operating margin* of ~14%, includes ~50 bps negative impact from tcc adjusted eps* of $2.50 - $2.60, up high-single to low-double-digits free cash flow* of ~$1.9 billion palm beach gardens, fla. , feb. 7, 2023 /prnewswire/ -- carrier global corporation (nyse: carr), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today reported strong financial results for the fourth quarter and full year of 2022.
CARR Ratings Summary
CARR Quant Ranking