Carrier Global Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
$CARR
Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 1, 2025
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Section 2—Financial Information
Item 2.02. Results of Operations and Financial Condition.
On May 1, 2025, Carrier Global Corporation (“Carrier” or the “Company”) issued a press release announcing its first quarter 2025 results. A copy of the press release is attached hereto as Exhibit 99.1.
Section 7—Regulation FD
Item 7.01. Regulation FD Disclosure.
On May 1, 2025, the Company announced details of its revised reportable segments and a change in the measure used to evaluate segment profitability. Beginning with the quarter ended March 31, 2025, the Company revised its reportable segments to align with how the Chief Operating Decision Maker manages the Company’s business, including resource allocation and performance assessment. The Company’s revised reportable segments consist of the following: (i) Climate Solutions Americas, (ii) Climate Solutions Europe, (iii) Climate Solutions Asia Pacific Middle East & Africa, and (iv) Climate Solutions Transportation.
In addition, the Company has changed the measure used to evaluate segment profitability from Operating profit to Segment operating profit. Segment operating profit represents operating profit (a U.S. GAAP measure) adjusted to exclude restructuring costs, amortization of acquired intangible assets and other significant items of a nonoperational nature.
In order to assist investors, the Company has included in Exhibit 99.2 to this report certain unaudited historical information to provide investors with supplemental financial information that is presented on a basis consistent with the Company’s revised segment structure and segment profitability measure. These changes only affect segment results and do not revise or restate the Company’s previously reported financial information or the Company’s previously reported non-GAAP adjustments on a consolidated basis.
The information furnished under Items 2.02 and 7.01 of this Current Report on Form 8-K, including the exhibits attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Section 9—Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Exhibit Description | ||||
| 99.1 | |||||
| 99.2 | |||||
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CARRIER GLOBAL CORPORATION | ||||||||
(Registrant) | ||||||||
Date: May 1, 2025 | By: | /S/ PATRICK GORIS | ||||||
Patrick Goris | ||||||||
Senior Vice President and Chief Financial Officer | ||||||||