Carrier Global Statistics
Total Valuation
Carrier Global has a market cap or net worth of $54.46 billion. The enterprise value is $70.54 billion.
| Market Cap | 54.46B |
| Enterprise Value | 70.54B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | May 2, 2024 |
Share Statistics
Carrier Global has 900.10 million shares outstanding. The number of shares has increased by 7.13% in one year.
| Shares Outstanding | 900.10M |
| Shares Change (YoY) | +7.13% |
| Shares Change (QoQ) | +6.92% |
| Owned by Insiders (%) | 6.64% |
| Owned by Institutions (%) | 85.82% |
| Float | 837.52M |
Valuation Ratios
The trailing PE ratio is 42.31 and the forward PE ratio is 20.92. Carrier Global's PEG ratio is 2.25.
| PE Ratio | 42.31 |
| Forward PE | 20.92 |
| PS Ratio | 2.37 |
| Forward PS | 2.04 |
| PB Ratio | 4.71 |
| P/FCF Ratio | 26.91 |
| PEG Ratio | 2.25 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.64, with an EV/FCF ratio of 34.85.
| EV / Earnings | 56.66 |
| EV / Sales | 3.07 |
| EV / EBITDA | 24.64 |
| EV / EBIT | 32.92 |
| EV / FCF | 34.85 |
Financial Position
The company has a current ratio of 1.36, with a Debt / Equity ratio of 1.51.
| Current Ratio | 1.36 |
| Quick Ratio | 0.52 |
| Debt / Equity | 1.51 |
| Debt / EBITDA | 6.08 |
| Debt / FCF | 8.60 |
| Interest Coverage | 6.49 |
Financial Efficiency
Return on equity (ROE) is 13.70% and return on invested capital (ROIC) is 5.80%.
| Return on Equity (ROE) | 13.70% |
| Return on Assets (ROA) | 3.90% |
| Return on Capital (ROIC) | 5.80% |
| Revenue Per Employee | $434,094 |
| Profits Per Employee | $23,491 |
| Employee Count | 53,000 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 5.44 |
Taxes
In the past 12 months, Carrier Global has paid $568.00 million in taxes.
| Income Tax | 568.00M |
| Effective Tax Rate | 31.33% |
Stock Price Statistics
The stock price has increased by +48.83% in the last 52 weeks. The beta is 1.25, so Carrier Global's price volatility has been higher than the market average.
| Beta (1Y) | 1.25 |
| 52-Week Price Change | +48.83% |
| 50-Day Moving Average | 56.50 |
| 200-Day Moving Average | 54.99 |
| Relative Strength Index (RSI) | 66.14 |
| Average Volume (30 Days) | 5,269,043 |
Short Selling Information
The latest short interest is 14.31 million, so 1.59% of the outstanding shares have been sold short.
| Short Interest | 14.31M |
| Short Previous Month | 20.36M |
| Short % of Shares Out | 1.59% |
| Short % of Float | 1.71% |
| Short Ratio (days to cover) | 3.52 |
Income Statement
In the last 12 months, Carrier Global had revenue of $23.01 billion and earned $1.25 billion in profits. Earnings per share was $1.43.
| Revenue | 23.01B |
| Gross Profit | 6.71B |
| Operating Income | 2.45B |
| Pretax Income | 1.81B |
| Net Income | 1.25B |
| EBITDA | 2.86B |
| EBIT | 2.14B |
| Earnings Per Share (EPS) | $1.43 |
Balance Sheet
The company has $1.31 billion in cash and $17.40 billion in debt, giving a net cash position of -$16.09 billion or -$17.87 per share.
| Cash & Cash Equivalents | 1.31B |
| Total Debt | 17.40B |
| Net Cash | -16.09B |
| Net Cash Per Share | -$17.87 |
| Equity / Book Value | 11.56B |
| Book Value Per Share | 12.84 |
| Working Capital | 3.08B |
Cash Flow
In the last 12 months, operating cash flow was $2.53 billion and capital expenditures -$503.00 million, giving a free cash flow of $2.02 billion.
| Operating Cash Flow | 2.53B |
| Capital Expenditures | -503.00M |
| Free Cash Flow | 2.02B |
| FCF Per Share | $2.25 |
Margins
Gross margin is 29.17%, with operating and profit margins of 10.64% and 5.41%.
| Gross Margin | 29.17% |
| Operating Margin | 10.64% |
| Pretax Margin | 7.88% |
| Profit Margin | 5.41% |
| EBITDA Margin | 12.44% |
| EBIT Margin | 9.31% |
| FCF Margin | 8.80% |
Dividends & Yields
This stock pays an annual dividend of $0.76, which amounts to a dividend yield of 1.26%.
| Dividend Per Share | $0.76 |
| Dividend Yield | 1.26% |
| Dividend Growth (YoY) | 11.94% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 53.15% |
| Buyback Yield | -7.13% |
| Shareholder Yield | -5.88% |
| Earnings Yield | 2.29% |
| FCF Yield | 3.72% |
Analyst Forecast
The average price target for Carrier Global is $62.00, which is 2.48% higher than the current price. The consensus rating is "Hold".
| Price Target | $62.00 |
| Price Target Difference | 2.48% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 6.05% |
| EPS Growth Forecast (5Y) | 24.15% |
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 2.19 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.19 |
| Piotroski F-Score | 5 |