Carrier Global - WI | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 6.113 B

LB filings
2025.07.29 17:47
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Revenue: As of FY2025 Q2, the actual value is USD 6.113 B, beating the estimate of USD 6.098 B.

EPS: As of FY2025 Q2, the actual value is USD 0.68, missing the estimate of USD 0.7464.

EBIT: As of FY2025 Q2, the actual value is USD 812 M.

Climate Solutions Americas (CSA)

  • Net Sales: $3,252 million for Q2 2025, up 14% from $2,865 million in Q2 2024.
  • Segment Operating Profit: $879 million for Q2 2025, up 23% from $713 million in Q2 2024.
  • Segment Operating Profit Margin: 27.0% for Q2 2025, up from 24.9% in Q2 2024.
  • Operational Highlights: Growth driven by strong demand in commercial business and pricing improvements in residential business.

Climate Solutions Europe (CSE)

  • Net Sales: $1,253 million for Q2 2025, up 5% from $1,194 million in Q2 2024.
  • Segment Operating Profit: $99 million for Q2 2025, up 6% from $93 million in Q2 2024.
  • Segment Operating Profit Margin: 7.9% for Q2 2025, up from 7.8% in Q2 2024.
  • Operational Highlights: Flat organic sales with mixed results across geographies; growth in commercial business offset by declines in residential and light commercial sectors.

Climate Solutions Asia Pacific, Middle East & Africa (CSAME)

  • Net Sales: $882 million for Q2 2025, down 2% from $902 million in Q2 2024.
  • Segment Operating Profit: $135 million for Q2 2025, down 14% from $157 million in Q2 2024.
  • Segment Operating Profit Margin: 15.3% for Q2 2025, down from 17.4% in Q2 2024.
  • Operational Highlights: Decline driven by reduced volumes in China, partially offset by growth in commercial markets.

Climate Solutions Transportation (CST)

  • Net Sales: $726 million for Q2 2025, down 25% from $973 million in Q2 2024.
  • Segment Operating Profit: $128 million for Q2 2025, down 7% from $138 million in Q2 2024.
  • Segment Operating Profit Margin: 17.6% for Q2 2025, up from 14.2% in Q2 2024.
  • Operational Highlights: Decline in sales due to divestitures; organic sales flat with mixed results across segments.

Outlook

Carrier Global Corporation anticipates continued growth driven by strong demand in key markets, pricing improvements, and productivity initiatives. The company remains focused on integrating recent acquisitions and optimizing its portfolio to enhance operational efficiency and market presence.