Carrier Global Statistics
Total Valuation
Carrier Global has a market cap or net worth of $65.13 billion. The enterprise value is $76.13 billion.
| Market Cap | 65.13B |
| Enterprise Value | 76.13B |
Important Dates
The last earnings date was Thursday, October 24, 2024, before market open.
| Earnings Date | Oct 24, 2024 |
| Ex-Dividend Date | Oct 25, 2024 |
Share Statistics
Carrier Global has 897.23 million shares outstanding. The number of shares has increased by 5.49% in one year.
| Shares Outstanding | 897.23M |
| Shares Change (YoY) | +5.49% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.14% |
| Owned by Institutions (%) | 85.98% |
| Float | 836.64M |
Valuation Ratios
The trailing PE ratio is 42.73 and the forward PE ratio is 25.08. Carrier Global's PEG ratio is 2.35.
| PE Ratio | 42.73 |
| Forward PE | 25.08 |
| PS Ratio | 2.59 |
| Forward PS | 2.54 |
| PB Ratio | 4.44 |
| P/FCF Ratio | 69.36 |
| PEG Ratio | 2.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.94, with an EV/FCF ratio of 81.08.
| EV / Earnings | 21.92 |
| EV / Sales | 3.07 |
| EV / EBITDA | 22.94 |
| EV / EBIT | 34.14 |
| EV / FCF | 81.08 |
Financial Position
The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.86.
| Current Ratio | 1.08 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.86 |
| Debt / EBITDA | 3.70 |
| Debt / FCF | 13.71 |
| Interest Coverage | 3.63 |
Financial Efficiency
Return on equity (ROE) is 13.93% and return on invested capital (ROIC) is 6.10%.
| Return on Equity (ROE) | 13.93% |
| Return on Assets (ROA) | 4.18% |
| Return on Capital (ROIC) | 6.10% |
| Revenue Per Employee | $467,943 |
| Profits Per Employee | $65,528 |
| Employee Count | 53,000 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 6.83 |
Taxes
In the past 12 months, Carrier Global has paid $530.00 million in taxes.
| Income Tax | 530.00M |
| Effective Tax Rate | 24.42% |
Stock Price Statistics
The stock price has increased by +52.31% in the last 52 weeks. The beta is 1.21, so Carrier Global's price volatility has been higher than the market average.
| Beta (5Y) | 1.21 |
| 52-Week Price Change | +52.31% |
| 50-Day Moving Average | 76.85 |
| 200-Day Moving Average | 64.86 |
| Relative Strength Index (RSI) | 34.31 |
| Average Volume (20 Days) | 3,746,209 |
Short Selling Information
The latest short interest is 12.83 million, so 1.43% of the outstanding shares have been sold short.
| Short Interest | 12.83M |
| Short Previous Month | 13.25M |
| Short % of Shares Out | 1.43% |
| Short % of Float | 1.53% |
| Short Ratio (days to cover) | 3.67 |
Income Statement
In the last 12 months, Carrier Global had revenue of $24.80 billion and earned $3.47 billion in profits. Earnings per share was $3.85.
| Revenue | 24.80B |
| Gross Profit | 7.02B |
| Operating Income | 2.23B |
| Pretax Income | 4.92B |
| Net Income | 3.47B |
| EBITDA | 3.32B |
| EBIT | 2.23B |
| Earnings Per Share (EPS) | $3.85 |
Balance Sheet
The company has $2.23 billion in cash and $12.88 billion in debt, giving a net cash position of -$10.65 billion or -$11.87 per share.
| Cash & Cash Equivalents | 2.23B |
| Total Debt | 12.88B |
| Net Cash | -10.65B |
| Net Cash Per Share | -$11.87 |
| Equity (Book Value) | 15.04B |
| Book Value Per Share | 16.37 |
| Working Capital | 816.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.49 billion and capital expenditures -$554.00 million, giving a free cash flow of $939.00 million.
| Operating Cash Flow | 1.49B |
| Capital Expenditures | -554.00M |
| Free Cash Flow | 939.00M |
| FCF Per Share | $1.05 |
Margins
Gross margin is 28.30%, with operating and profit margins of 8.99% and 14.00%.
| Gross Margin | 28.30% |
| Operating Margin | 8.99% |
| Pretax Margin | 8.75% |
| Profit Margin | 14.00% |
| EBITDA Margin | 13.38% |
| EBIT Margin | 8.99% |
| FCF Margin | 9.55% |
Dividends & Yields
This stock pays an annual dividend of $0.76, which amounts to a dividend yield of 1.05%.
| Dividend Per Share | $0.76 |
| Dividend Yield | 1.05% |
| Dividend Growth (YoY) | 2.70% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 19.72% |
| Buyback Yield | -5.49% |
| Shareholder Yield | -4.44% |
| Earnings Yield | 5.33% |
| FCF Yield | 1.44% |
Analyst Forecast
The average price target for Carrier Global is $79.92, which is 10.10% higher than the current price. The consensus rating is "Buy".
| Price Target | $79.92 |
| Price Target Difference | 10.10% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 5.95% |
| EPS Growth Forecast (5Y) | 19.66% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Carrier Global has an Altman Z-Score of 2.42 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.42 |
| Piotroski F-Score | 4 |