Carrier Global sees medium-term adjusted EPS growth in mid-teens

In connection with its 2025 Investor Day event, Carrier presented medium-term financial goals: ~6-8% organic sales growth per year; More than 50 bps of adjusted operating margin expansion per year; Mid-teens adjusted EPS growth per year; ~100% free cash flow conversion. “We have a proven track record of expanding adjusted operating margin, generating strong free cash flow and increasing adjusted EPS growth,” said Carrier Chairman & CEO David Gitlin. “Our transformed portfolio – simplified, focused and balanced – and our strategies around products, aftermarket and systems position us to accelerate organic growth while continuing to expand adjusted operating margins and deliver mid-teens adjusted EPS growth. We look forward to hosting investors and sharing how we plan to build on this momentum over the medium-term.”