How many employees does Carrier Global Corporation have?

Carrier Global Corporation reported 47,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 5, 2026. That is down 2.1% from a year earlier.

What is Carrier Global Corporation's revenue per employee?

Carrier Global Corporation brought in $21.7B of revenue in fiscal Dec 2025, which is $463K per employee. That ranks 7 of 32 companies we track in Industrial - Machinery, where the median is $354K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Carrier Global Corporation employees and revenue per employee

CARR · Industrial - Machinery · $45.4B market cap

Carrier Global Corporation had 47,000 employees at the end of fiscal Dec 2025, down 2.1% from a year earlier. Revenue for the year was $21.7B, down 3.3% from a year earlier, or $463K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

47,000

-2.1% YoY

Revenue

$21.7B

-3.3% YoY

Revenue / employee

$463K

Peer median $354K

Rank in industry

7 of 32

Industrial - Machinery

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2020

Hover a year for the numbers.

CARR employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	47,000	$21.7B	$463K	-2.1%	-3.3%
Dec 2024	48,000	$22.5B	$468K	-9.4%	+18.7%
Dec 2023	53,000	$19.0B	$358K	+1.9%	+9.6%
Dec 2022	52,000	$17.3B	$332K	-10.3%	-16.1%
Dec 2021	58,000	$20.6B	$355K	+3.6%	+18.1%
Dec 2020	56,000	$17.5B	$312K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Carrier Global Corporation against similar companies

The closest industry peers by revenue, from Industrial - Machinery.

Company	Employees	Revenue	Revenue / employee	Shape
PCAR PACCAR Inc	25,900	$28.4B	$1.10M	Contracting
GEV GE Vernova Inc.	75,000	$38.1B	$508K	Leaner
CMI Cummins Inc.	67,400	$33.7B	$500K	Contracting
CARR Carrier Global Corporation	47,000	$21.7B	$463K	Contracting
XYL Xylem Inc.	22,000	$9.04B	$411K	Leaner
ITW Illinois Tool Works Inc.	43,000	$16.0B	$373K	Leaner
PH Parker-Hannifin Corporation	59,850	$21.5B	$359K	Efficient growth
EMR Emerson Electric Co.	71,000	$18.0B	$254K	Leaner
OTIS Otis Worldwide Corporation	72,000	$14.4B	$200K	Leaner

Every Industrials company

Questions about Carrier Global Corporation

How many employees does Carrier Global Corporation have?: Carrier Global Corporation reported 47,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 5, 2026. That is down 2.1% from a year earlier.
What is Carrier Global Corporation's revenue per employee?: Carrier Global Corporation brought in $21.7B of revenue in fiscal Dec 2025, which is $463K per employee. That ranks 7 of 32 companies we track in Industrial - Machinery, where the median is $354K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare CARR with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

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Source: employee counts and revenue as stated in Carrier Global Corporation's annual reports (Form 10-K), latest filed February 5, 2026. This is data, not a recommendation to buy or sell CARR.