Stock CARR CARRIER GLOBAL CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Carrier Global Corporation

Equities

CARR

US14448C1045

Electrical Components & Equipment

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
60.5 USD +1.15% Intraday chart for Carrier Global Corporation +13.02% +5.31%
Apr. 26 Barclays Adjusts Price Target on Carrier Global to $79 From $78 MT
Apr. 26 Wolfe Adjusts Price Target on Carrier Global to $61 From $60 MT

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,691 47,004 34,496 48,203 54,511 - -
Enterprise Value (EV) 1 39,803 53,713 39,818 52,481 64,428 62,390 60,441
P/E ratio 16.8 x 29 x 10.1 x 36.4 x 22.4 x 19.8 x 17.7 x
Yield 0.74% 0.88% 1.45% - 1.27% 1.35% 1.54%
Capitalization / Revenue 1.87 x 2.28 x 1.69 x 2.18 x 2.11 x 2.11 x 1.96 x
EV / Revenue 2.28 x 2.61 x 1.95 x 2.37 x 2.49 x 2.42 x 2.17 x
EV / EBITDA 15.5 x 17.1 x 12.2 x 14 x 12.5 x 12.3 x 11.5 x
EV / FCF 28.8 x 28.4 x 28.6 x 24.5 x 85.6 x 22.3 x 20 x
FCF Yield 3.47% 3.52% 3.49% 4.07% 1.17% 4.48% 5.01%
Price to Book 5.24 x 6.83 x 4.59 x 5.56 x 4.14 x 4.04 x 3.39 x
Nbr of stocks (in thousands) 866,687 866,585 836,262 839,047 901,012 - -
Reference price 2 37.72 54.24 41.25 57.45 60.50 60.50 60.50
Announcement Date 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,608 17,456 20,613 20,421 22,098 25,854 25,831 27,830
EBITDA 1 - 2,568 3,142 3,274 3,749 5,148 5,065 5,243
EBIT 1 - 2,232 2,804 2,894 3,207 4,053 4,138 4,498
Operating Margin - 12.79% 13.6% 14.17% 14.51% 15.68% 16.02% 16.16%
Earnings before Tax (EBT) 1 - 2,855 2,400 4,292 2,084 3,330 3,838 4,190
Net income 1 - 1,982 1,664 3,534 1,349 2,513 2,818 3,098
Net margin - 11.35% 8.07% 17.31% 6.1% 9.72% 10.91% 11.13%
EPS 2 2.420 2.250 1.870 4.100 1.580 2.705 3.051 3.420
Free Cash Flow 1 - 1,380 1,893 1,390 2,138 753 2,796 3,026
FCF margin - 7.91% 9.18% 6.81% 9.68% 2.91% 10.82% 10.87%
FCF Conversion (EBITDA) - 53.74% 60.25% 42.46% 57.03% 14.63% 55.2% 57.71%
FCF Conversion (Net income) - 69.63% 113.76% 39.33% 158.49% 29.96% 99.21% 97.68%
Dividend per Share 2 - 0.2800 0.4800 0.6000 - 0.7690 0.8197 0.9288
Announcement Date 2/7/20 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,133 4,654 5,211 5,451 5,105 5,273 5,992 5,731 5,102 6,182 7,121 6,574 5,928 5,920 6,799
EBITDA 1 604 729 933 963 639 778 1,101 1,178 692 1,241 1,497 1,508 951.3 1,142 1,449
EBIT 1 517 650 857 861 516 642 964 1,044 557 927 1,221 1,237 733.3 851.2 1,202
Operating Margin 10.07% 13.97% 16.45% 15.8% 10.11% 12.18% 16.09% 18.22% 10.92% 15% 17.14% 18.81% 12.37% 14.38% 17.67%
Earnings before Tax (EBT) 1 405 1,688 757 1,470 377 509 422 594 559 335 1,047 1,109 684.6 796.6 1,163
Net income 1 324 1,379 573 1,312 270 373 199 357 420 269 765.7 830.5 505.8 589.1 856.6
Net margin 6.31% 29.63% 11% 24.07% 5.29% 7.07% 3.32% 6.23% 8.23% 4.35% 10.75% 12.63% 8.53% 9.95% 12.6%
EPS 2 0.3600 1.580 0.6700 1.530 0.3200 0.4400 0.2300 0.4200 0.4900 0.2900 0.8320 0.8857 0.5190 0.6439 0.9341
Dividend per Share 2 0.1500 0.1500 0.1500 0.1500 0.1500 - 0.1950 - - - 0.1946 0.1947 0.1968 0.1962 0.2061
Announcement Date 2/8/22 4/28/22 7/28/22 10/27/22 2/7/23 4/25/23 7/27/23 10/26/23 2/6/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 7,112 6,709 5,322 4,278 9,917 7,879 5,930
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 2.769 x 2.135 x 1.626 x 1.141 x 1.926 x 1.556 x 1.131 x
Free Cash Flow 1 - 1,380 1,893 1,390 2,138 753 2,796 3,026
ROE (net income / shareholders' equity) - 19.5% 30.9% 27.8% 28.3% 25.1% 22.1% 21.1%
ROA (Net income/ Total Assets) - 8.35% 7.85% 13.5% 4.58% 5.45% 7.8% 8.66%
Assets 1 - 23,750 21,189 26,129 29,454 46,144 36,121 35,772
Book Value Per Share 2 - 7.200 7.940 8.990 10.30 14.60 15.00 17.80
Cash Flow per Share 2 - 1.920 2.510 2.020 3.060 1.040 3.620 4.340
Capex 1 - 312 344 353 469 550 487 540
Capex / Sales - 1.79% 1.67% 1.73% 2.12% 2.13% 1.88% 1.94%
Announcement Date 2/7/20 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Carrier Global Corporation

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
60.5 USD
Average target price
62.31 USD
Spread / Average Target
+2.99%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Heating, Ventilation & Air Conditioning Systems

1st Jan change Capi.
CARRIER GLOBAL CORPORATION Stock Carrier Global Corporation
+5.31% 54.51B
TRANE TECHNOLOGIES PLC Stock Trane Technologies plc
+24.86% 69.15B
JOHNSON CONTROLS INTERNATIONAL PLC Stock Johnson Controls International Plc
+12.96% 44.37B
DAIKIN INDUSTRIES, LTD. Stock Daikin Industries, Ltd.
-7.94% 39.35B
LENNOX INTERNATIONAL INC. Stock Lennox International Inc.
+6.61% 17B
WATSCO, INC. Stock Watsco, Inc.
+3.44% 16.3B
NIBE INDUSTRIER AB Stock NIBE Industrier AB
-27.20% 9.48B
AAON, INC. Stock AAON, Inc.
+23.39% 7.48B
VOLTAS LIMITED Stock Voltas Limited
+48.69% 5.77B
NINGBO DEYE TECHNOLOGY GROUP CO., LTD. Stock Ningbo Deye Technology Group Co., Ltd.
+8.65% 5.41B
Heating, Ventilation & Air Conditioning Systems
  1. Stock Market
  2. Equities
  3. CARR Stock
  4. Financials Carrier Global Corporation