Carrier Global Corporation (CARR)
NYSE: CARR · Real-Time Price · USD
74.72
+0.22 (0.30%)
Nov 21, 2024, 9:30 AM EST - Market open

Carrier Global Statistics

Total Valuation

Carrier Global has a market cap or net worth of $67.04 billion. The enterprise value is $77.84 billion.

Market Cap 67.04B
Enterprise Value 77.84B

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.

Current Share Class 897.23M
Shares Outstanding 897.23M
Shares Change (YoY) +5.49%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.14%
Owned by Institutions (%) 85.48%
Float 836.49M

Valuation Ratios

The trailing PE ratio is 19.57 and the forward PE ratio is 26.05. Carrier Global's PEG ratio is 2.41.

PE Ratio 19.57
Forward PE 26.05
PS Ratio 2.66
Forward PS 2.62
PB Ratio 4.55
P/TBV Ratio n/a
P/FCF Ratio 71.19
P/OCF Ratio 44.77
PEG Ratio 2.41
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.46, with an EV/FCF ratio of 82.90.

EV / Earnings 22.41
EV / Sales 3.14
EV / EBITDA 23.46
EV / EBIT 34.91
EV / FCF 82.90

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 +39.43% 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 +39.43%
50-Day Moving Average 77.85
200-Day Moving Average 66.21
Relative Strength Index (RSI) 45.49
Average Volume (20 Days) 4,375,228

Short Selling Information

The latest short interest is 10.17 million, so 1.13% of the outstanding shares have been sold short.

Short Interest 10.17M
Short Previous Month 11.12M
Short % of Shares Out 1.13%
Short % of Float 1.22%
Short Ratio (days to cover) 2.72

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 1.01%.

Dividend Per Share $0.76
Dividend Yield 1.01%
Dividend Growth (YoY) 2.70%
Years of Dividend Growth 4
Payout Ratio 19.72%
Buyback Yield -5.49%
Shareholder Yield -4.47%
Earnings Yield 5.20%
FCF Yield 1.40%
Dividend Details

Analyst Forecast

The average price target for Carrier Global is $80.93, which is 8.31% higher than the current price. The consensus rating is "Buy".

Price Target $80.93
Price Target Difference 8.31%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 5.95%
EPS Growth Forecast (5Y) 19.66%
Stock Forecasts

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