Carrier Global Corporation (CARR)
Total Valuation
Carrier Global has a market cap or net worth of $30.23 billion. The enterprise value is $35.68 billion.
| Market Cap | 30.23B |
| Enterprise Value | 35.68B |
Important Dates
The next earnings date is Thursday, August 4, 2022, before market open.
| Estimated Earnings Date | Aug 4, 2022 |
| Ex-Dividend Date | Jun 22, 2022 |
Share Statistics
Carrier Global has 848.24 million shares outstanding. The number of shares has decreased by -1.84% in one year.
| Shares Outstanding | 848.24M |
| Shares Change (YoY) | -1.84% |
| Shares Change (QoQ) | -1.35% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 89.12% |
| Float | 847.11M |
Valuation Ratios
The trailing PE ratio is 11.86 and the forward PE ratio is 15.70. Carrier Global's PEG ratio is 1.42.
| PE Ratio | 11.86 |
| Forward PE | 15.70 |
| PS Ratio | 1.47 |
| PB Ratio | 4.26 |
| P/FCF Ratio | 20.10 |
| PEG Ratio | 1.42 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.60, with a EV/FCF ratio of 23.72.
| EV / Earnings | 13.42 |
| EV / Sales | 1.73 |
| EV / EBITDA | 8.60 |
| EV / EBIT | 9.35 |
| EV / FCF | 23.72 |
Financial Position
The company has a current ratio of 1.74, with a Debt / Equity ratio of 1.27.
| Current Ratio | 1.74 |
| Quick Ratio | 1.12 |
| Debt / Equity | 1.27 |
| Debt / EBITDA | 2.18 |
| Debt / FCF | 6.02 |
Financial Efficiency
Return on equity (ROE) is 38.60%, which is very high. The company has a high ROIC of 23.40%.
| Return on Equity (ROE) | 38.60% |
| Return on Assets (ROA) | 10.40% |
| Return on Capital (ROIC) | 23.40% |
| Revenue Per Employee | $354,621 |
| Profits Per Employee | $45,845 |
| Employee Count | 58,000 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 6.97 |
Taxes
In the past 12 months, Carrier Global has paid $896.00 million in taxes.
| Income Tax | 896.00M |
| Effective Tax Rate | 25.20% |
Stock Price Statistics
The stock price has decreased by -26.70% in the last 52 weeks. The beta is 1.08, so Carrier Global's price volatility has been similar to the market average.
| Beta (1Y) | 1.08 |
| 52-Week Price Change | -26.70% |
| 50-Day Moving Average | 37.63 |
| 200-Day Moving Average | 43.94 |
| Average Volume (30 Days) | 5,252,493 |
Short Selling Information
The latest short interest is 10.06 million, so 1.19% of the outstanding shares have been sold short.
| Short Interest | 10.06M |
| Short % of Shares Out | 1.19% |
| Short % of Float | 1.19% |
| Short Ratio (days to cover) | 1.69 |
Income Statement
In the last 12 months, Carrier Global had revenue of $20.57 billion and earned 2.66 billion in profits. Earnings per share was $3.01.
| Revenue | 20.57B |
| Gross Profit | 5.88B |
| Operating Income | 2.39B |
| Pretax Income | 3.56B |
| Net Income | 2.66B |
| EBITDA | 4.15B |
| EBIT | 3.82B |
| Earnings Per Share (EPS) | $3.01 |
Balance Sheet
The company has $3.60 billion in cash and $9.05 billion in debt, giving a net cash position of -$5.45 billion or -$6.42 per share.
| Cash & Cash Equivalents | 3.60B |
| Total Debt | 9.05B |
| Net Cash | -5.45B |
| Net Cash Per Share | -$6.42 |
| Book Value | 7.10B |
| Book Value Per Share | 8.37 |
| Working Capital | 4.07B |
Cash Flow
In the last 12 months, operating cash flow was $1.85 billion and capital expenditures -$347.00 million, giving a free cash flow of $1.50 billion.
| Operating Cash Flow | 1.85B |
| Capital Expenditures | -347.00M |
| Free Cash Flow | 1.50B |
| FCF Per Share | $1.77 |
Margins
Gross margin is 28.58%, with operating and profit margins of 11.64% and 12.93%.
| Gross Margin | 28.58% |
| Operating Margin | 11.64% |
| Pretax Margin | 17.28% |
| Profit Margin | 12.93% |
| EBITDA Margin | 20.18% |
| EBIT Margin | 18.55% |
| FCF Margin | 7.31% |
Dividends & Yields
This stock pays an annual dividend of $0.57, which amounts to a dividend yield of 1.60%.
| Dividend Per Share | $0.57 |
| Dividend Yield | 1.60% |
| Earnings Yield | 8.80% |
| FCF Yield | 4.97% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | 16.50% |
| Buyback Yield | 1.76% |
| Shareholder Yield | 3.36% |
Analyst Forecast
The average price target for Carrier Global is $49.20, which is 38.05% higher than the current price. The consensus rating is "Buy".
| Price Target | $49.20 |
| Price Target Difference | 38.05% |
| Analyst Consensus | Buy |
| Analyst Count | 30 |
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 |