Carrier Global
1.03 %
13.92 %
Yet to be announced
Company Overview
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. It operates through three segments: HVAC, Refrigeration, and Fire & Security. Its products include air conditioners, heating systems, controls, and aftermarket components.
Revenue Sources
PassAfter analyzing Carrier Global's revenue streams, the company's primary sources of income come from HVAC systems, building controls, fire safety equipment, and security systems. These are all halal products and services that provide clear value to customers. The company does not derive any significant revenue from haram sources such as alcohol, gambling, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $5.22b | $4.59b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $3.63b | $6.1b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $5.98b | $5.29b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $6.69b | $3.0b | - | - | 0.00% | 0.00% |
Based on the financial data provided for the last four quarters, Carrier Global shows zero interest income and zero interest expense in their financial statements. This indicates that interest-based income is not a material part of their business model.
Operational Ethics
PassAfter reviewing Carrier Global's operations and partnerships, there is no evidence of significant ongoing associations with the Chinese Communist Party or the state of Israel. The company maintains operations in many countries but appears to conduct business in compliance with international human rights standards.
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