Carrier Global Corporation (CARR)

NYSE: CARR · IEX Real-Time Price · USD
35.64
-0.02 (-0.06%)
Jul 1, 2022 12:07 PM EDT - Market open

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 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