CARR - Carrier Global Corp Stock Price, Fair Value and News

64.32USD+0.06 (+0.09%)Delayed as of 08 May 2024, 02:57 pm ET

Market Summary

USD64.32+0.06

Delayedas of 08 May 2024, 02:57 pm

0.09%

CARR Alerts

1 major insider sales recently.

CARR Stock Price

View Fullscreen

CARR RSI Chart

CARR Valuation

Market Cap

57.9B

Price/Earnings (Trailing)

43.16

Price/Sales (Trailing)

2.52

EV/EBITDA

27.48

Price/Free Cashflow

22.92

CARR Price/Sales (Trailing)

CARR Profitability

EBT Margin

8.30%

Return on Equity

11.27%

Return on Assets

3.29%

Free Cashflow Yield

4.36%

CARR Fundamentals

CARR Revenue

Revenue (TTM)

23.0B

Rev. Growth (Yr)

17.24%

Rev. Growth (Qtr)

21.17%

CARR Earnings

Earnings (TTM)

1.3B

Earnings Growth (Yr)

-25.32%

Earnings Growth (Qtr)

-34.17%

Breaking Down CARR Revenue

52 Week Range

40.4964.49

(Low)(High)

Last 7 days

4.6%

Last 30 days

13.9%

Last 90 days

19.4%

Trailing 12 Months

50.9%

How does CARR drawdown profile look like?

CARR Financial Health

Current Ratio

1.36

Debt/Equity

1.31

Debt/Cashflow

0.16

CARR Investor Care

Dividend Yield

1.16%

Dividend/Share (TTM)

0.75

Shares Dilution (1Y)

7.93%

Diluted EPS (TTM)

1.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	23.0B	0	0	0
2023	21.0B	21.8B	22.1B	22.1B
2022	20.6B	20.3B	20.4B	20.4B
2021	18.3B	19.7B	20.1B	20.6B
2020	18.2B	17.2B	17.4B	17.5B
2019	18.8B	18.8B	18.7B	18.6B
2018	0	0	0	18.9B
2017	0	0	0	17.8B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Carrier Global Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	timperman jurgen	sold	-9,907,160	61.9527	-159,915	president, fire & security
Apr 29, 2024	timperman jurgen	sold	-2,395,090	61.6369	-38,858	president, fire & security
Apr 29, 2024	timperman jurgen	sold (taxes)	-6,653,300	61.8681	-107,540	president, fire & security
Apr 29, 2024	timperman jurgen	acquired	6,653,490	24.8771	267,455	president, fire & security
Feb 08, 2024	crockett kyle	sold	-656,692	53.9599	-12,170	vice president, controller
Feb 08, 2024	crockett kyle	acquired	262,400	25.58	10,258	vice president, controller

Which funds bought or sold CARR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	CFO4Life Group, LLC	added	1.23	12,551	529,724	0.10%
May 06, 2024	AIA Group Ltd	added	36.64	2,175,260	7,860,460	0.26%
May 06, 2024	GABLES CAPITAL MANAGEMENT INC.	unchanged	-	1,530	130,793	0.07%
May 06, 2024	HBC Financial Services, PLLC	unchanged	-	-	1,000	-%
May 06, 2024	Candriam S.C.A.	reduced	-1.35	-8,352	4,494,090	0.03%
May 06, 2024	Delaney Dennis R	new	-	580,137	580,137	0.32%
May 06, 2024	Empirical Finance, LLC	added	3.46	78,499	1,755,240	0.11%
May 06, 2024	Aveo Capital Partners, LLC	reduced	-11.73	-14,269	295,689	0.03%
May 06, 2024	Broderick Brian C	new	-	1,185,740	1,185,740	0.25%
May 06, 2024	LMCG INVESTMENTS, LLC	reduced	-6.98	-19,501	312,158	0.02%

Are Funds Buying or Selling CARR?

Are funds buying CARR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CARR

No. of Funds

CARR Alerts

1 major insider sales recently.

Unveiling Carrier Global Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 22, 2024	viessmann group gmbh & co. kg	6.53%	58,608,959	SC 13D/A
Feb 13, 2024	vanguard group inc	11.18%	93,816,461	SC 13G/A
Feb 09, 2024	capital international investors	10.0%	83,664,060	SC 13G/A
Feb 09, 2024	capital world investors	7.8%	65,216,592	SC 13G/A
Feb 09, 2024	capital research global investors	11.1%	92,829,907	SC 13G/A
Jan 26, 2024	blackrock inc.	7.2%	60,728,408	SC 13G/A
Jan 09, 2024	viessmann group gmbh & co. kg	6.53%	58,608,959	SC 13D
Dec 11, 2023	capital international investors	10.0%	84,159,249	SC 13G/A
Aug 10, 2023	capital research global investors	10.3%	86,117,309	SC 13G/A
Feb 13, 2023	capital international investors	7.1%	59,000,214	SC 13G/A

Recent SEC filings of Carrier Global Corp

View All Filings

Date Filed	Form Type	Document
May 01, 2024	4	Insider Trading
Apr 29, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	8-K/A	Current Report
Apr 19, 2024	8-K	Current Report
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading

Peers (Alternatives to Carrier Global Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	57.9B	23.0B	13.91%	50.92%	43.16	2.52	9.35%	-48.07%
HUBB	21.1B	5.5B	-5.71%	45.35%	29.09	3.85	8.06%	32.52%
BLDR	19.9B	17.1B	-20.32%	43.10%	13.55	1.16	-18.27%	-40.02%
CSL	19.3B	4.8B	1.72%	91.52%	22.52	3.94	-3.54%	3.11%
LECO	13.0B	-	-7.68%	35.06%	23.83	3.13	6.67%	16.79%
MID-CAP
AYI	8.0B	3.9B	-4.10%	64.74%	21.25	2.08	-6.35%	-0.40%
AAON	6.5B	1.2B	-12.59%	21.62%	35.87	5.54	19.83%	50.95%
ATKR	5.6B	3.4B	-16.04%	20.81%	9.09	1.66	-11.52%	-24.82%
AEIS	3.8B	1.6B	3.51%	17.37%	29.61	2.44	-16.80%	-35.75%
PLUG	1.8B	891.3M	-16.24%	-71.69%	-1.31	2.02	27.07%	-89.06%
SMALL-CAP
APOG	1.4B	1.4B	9.63%	63.88%	14.42	1.01	-1.65%	-4.32%
ACTG	520.5M	130.3M	-0.19%	32.57%	7.76	3.99	54.06%	153.62%
ACCO	469.6M	1.8B	-6.12%	-5.39%	-19.25	0.26	-6.26%	-71.83%
FCEL	357.0M	103.0M	-30.09%	-66.95%	-3.91	3.47	-24.12%	24.29%
APT	70.1M	61.2M	-5.56%	52.24%	16.75	1.15	-1.21%	27.64%

Carrier Global Corp News

Latest updates

Carrier Global Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	21.2%	6,182	5,102	5,731	5,992	5,273	5,105	5,451	5,211	4,654	5,133	5,341	5,440	4,699	4,594	5,002	3,972	3,888	4,501	4,822	4,962	4,323
Costs and Expenses	18.5%	5,686	4,799	4,903	5,172	4,755	4,680	4,741	4,500	4,087	4,717	4,611	4,759	4,169	4,246	4,222	3,562	3,556	4,022	4,180	4,271	3,878
S&GA Expenses	2.5%	985	961	831	784	721	673	624	614	601	816	748	813	743	810	681	637	692	695	702	680	684
R&D Expenses	31.8%	224	170	157	151	139	149	143	122	125	134	123	125	121	127	100	94.00	98.00	99.00	102	103	97.00
EBITDA Margin	-3.8%	0.11*	0.12*	0.11*	0.15*	0.17*	0.23*	0.23*	0.19*	0.19*	0.13*	0.18*	0.19*	0.19*	0.18*	0.15*	0.13*	-	-	-	-	-
Income Taxes	-61.7%	46.00	120	213	189	122	99.00	138	170	301	73.00	288	234	104	289	261	106	193	137	175	65.00	140
Earnings Before Taxes	-40.1%	335	559	594	422	509	377	1,470	757	1,688	405	768	731	496	1,176	1,009	375	295	591	679	859	543
EBT Margin	-12.0%	0.08*	0.09*	0.09*	0.13*	0.15*	0.21*	0.21*	0.18*	0.17*	0.12*	0.16*	0.17*	0.17*	0.16*	0.13*	0.11*	-	-	-	-	-
Net Income	-34.2%	289	439	381	233	387	278	1,332	587	1,387	332	480	497	392	884	748	269	102	440	492	784	400
Net Income Margin	-10.5%	0.06*	0.07*	0.06*	0.10*	0.12*	0.18*	0.18*	0.14*	0.13*	0.08*	0.11*	0.13*	0.13*	0.11*	0.09*	0.08*	-	-	-	-	-
Free Cashflow	-96.2%	40.00	1,062	1,041	384	120	1,123	790	32.00	-202	913	579	561	184	199	937	509	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	24.3%	40,810	32,822	26,544	26,284	26,411	26,086	25,350	23,662	24,193	26,172	25,788	25,738	24,868	25,093	25,728	24,176	22,001	22,406	21,737
Current Assets	-37.6%	11,715	18,780	10,511	10,141	10,158	9,879	9,740	9,276	9,602	11,407	11,300	8,754	8,328	8,524	9,334	8,053	5,968	5,959	6,109
Cash Equivalents	-86.9%	1,313	10,015	3,902	3,209	3,347	3,527	2,985	3,017	3,604	2,987	2,671	2,630	2,599	3,119	3,848	2,704	768	957	1,134
Inventory	43.8%	3,189	2,217	2,562	2,699	2,803	2,640	2,664	2,350	2,358	1,970	1,926	1,885	1,854	1,629	1,581	1,639	1,556	1,332	1,363
Net PPE	38.6%	3,179	2,293	2,210	2,262	2,277	2,241	2,055	1,805	1,825	1,826	1,764	1,837	1,777	1,810	1,676	1,651	1,638	1,663	1,653
Goodwill	92.3%	15,366	7,989	9,825	9,927	9,987	9,977	9,621	9,067	9,288	9,349	9,237	10,279	10,077	10,139	9,906	9,735	9,648	9,884	-
Liabilities	21.4%	28,904	23,817	18,042	17,996	17,943	18,010	17,887	16,670	16,763	19,078	18,566	18,618	18,050	18,515	20,291	19,810	18,975	7,971	7,468
Current Liabilities	25.3%	8,637	6,891	6,349	6,234	5,958	6,032	6,013	5,546	5,531	6,627	6,068	5,604	5,138	5,110	5,182	4,789	4,451	4,469	4,466
Long Term Debt	9.9%	15,647	14,242	8,651	8,655	8,708	8,702	8,670	8,298	8,305	9,513	9,558	9,600	9,577	10,036	11,751	11,728	11,029	82.00	-
LT Debt, Current	2347.1%	1,248	51.00	134	134	142	140	219	269	256	183	130	125	153	191	223	301	218	237	-
LT Debt, Non Current	9.9%	15,647	14,242	8,651	8,655	8,708	8,702	8,670	8,298	8,305	9,513	9,558	9,600	9,577	10,036	11,751	11,728	11,029	82.00	-
Shareholder's Equity	32.2%	11,906	9,005	8,502	8,288	8,468	8,076	7,463	6,992	7,430	7,094	7,222	7,120	6,818	6,578	5,437	4,366	3,026	14,435	14,269
Retained Earnings	4.1%	6,860	6,591	6,486	6,129	6,239	5,866	5,876	4,564	4,244	2,865	2,774	2,305	2,027	1,643	932	191	-	-	-
Additional Paid-In Capital	54.2%	8,536	5,535	5,517	5,494	5,494	5,481	5,463	5,441	5,415	5,411	5,384	5,366	5,350	5,345	5,327	5,307	-	-	-
Shares Outstanding	7.1%	899	840	839	836	835	835	846	846	853	868	868	869	869	867	866	-	-	-	-
Minority Interest	5.2%	345	328	318	319	334	318	311	296	329	327	322	364	329	326	341	338	329	333	352
Float	-	-	-	-	41,600	-	-	-	30,000	-	-	-	42,100	-	-	-	19,200	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-96.2%	40.00	1,062	1,041	384	120	1,123	790	32.00	-202	913	579	561	184	199	937	509	47.00	1,074	618	554	-183
Share Based Compensation	22.2%	22.00	18.00	23.00	18.00	22.00	19.00	17.00	20.00	21.00	32.00	21.00	21.00	19.00	21.00	21.00	22.00	13.00	12.00	18.00	14.00	8.00
Cashflow From Investing	-4738.9%	-11,081	-229	-135	-196	-100	-300	-600	-175	2,820	-266	-125	-252	-49.00	876	333	25.00	-128	-109	-70.00	-37.00	-43.00
Cashflow From Financing	-55.1%	2,379	5,300	-182	-293	-213	-347	-150	-414	-2,020	-337	-327	-255	-643	-1,854	-142	1,391	-76.00	-887	-603	-435	-57.00
Dividend Payments	2.6%	159	155	156	155	154	125	127	128	129	104	104	105	104	68.00	70.00	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	62.00	119	247	280	734	252	145	94.00	36.00	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

CARR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales
Total Net sales	$ 6,182	$ 5,273
Costs and expenses
Research and development	(224)	(139)
Selling, general and administrative	(985)	(721)
Total Costs and expenses	(5,686)	(4,755)
Equity method investment net earnings	31	44
Other income (expense), net	(27)	(7)
Operating profit	500	555
Interest (expense) income, net	(165)	(46)
Income from operations before income taxes	335	509
Income tax (expense) benefit	(46)	(122)
Net income from operations	289	387
Less: Non-controlling interest in subsidiaries' earnings from operations	20	14
Net income attributable to common shareowners	$ 269	$ 373
Earnings per share
Basic (in dollars per share)	$ 0.30	$ 0.45
Diluted (in dollars per share)	$ 0.29	$ 0.44
Weighted-average number of shares outstanding
Basic (in shares)	899.2	835.0
Diluted (in shares)	913.0	852.2
Product
Net sales
Total Net sales	$ 5,542	$ 4,686
Costs and expenses
Cost of products and services sold	(3,998)	(3,458)
Service
Net sales
Total Net sales	640	587
Costs and expenses
Cost of products and services sold	$ (479)	$ (437)

CARR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 1,313	$ 10,015
Accounts receivable, net	3,156	2,481
Contract assets, current	320	306
Inventories, net	3,189	2,217
Assets held for sale, current	3,169	3,314
Other assets, current	568	447
Total current assets	11,715	18,780
Future income tax benefits	823	739
Fixed assets, net	3,179	2,293
Operating lease right-of-use assets	633	491
Intangible assets, net	7,351	1,028
Goodwill	15,366	7,989
Pension and post-retirement assets	78	32
Equity method investments	1,155	1,140
Other assets	510	330
Total Assets	40,810	32,822
Liabilities and Equity
Accounts payable	3,074	2,742
Accrued liabilities	2,994	2,811
Contract liabilities, current	501	425
Liabilities held for sale, current	820	862
Current portion of long-term debt	1,248	51
Total current liabilities	8,637	6,891
Long-term debt	15,647	14,242
Future pension and post-retirement obligations	259	155
Future income tax obligations	2,272	535
Operating lease liabilities	505	391
Other long-term liabilities	1,584	1,603
Total Liabilities	28,904	23,817
Commitments and contingent liabilities (Note 19)
Equity
Common stock	9	9
Treasury stock	(1,972)	(1,972)
Additional paid-in capital	8,536	5,535
Retained earnings	6,860	6,591
Accumulated other comprehensive loss	(1,872)	(1,486)
Non-controlling interest	345	328
Total Equity	11,906	9,005
Total Liabilities and Equity	$ 40,810	$ 32,822

About Carrier Global Corp

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

CEO	Mr. David L. Gitlin
WEBSITE	corporate.carrier.com
INDUSTRY	Communication Equipment
EMPLOYEES	52000

Carrier Global Corp Frequently Asked Questions

What is the ticker symbol for Carrier Global Corp? What does CARR stand for in stocks?

CARR is the stock ticker symbol of Carrier Global Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Carrier Global Corp (CARR)?

As of Tue May 07 2024, market cap of Carrier Global Corp is 57.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CARR stock?

You can check CARR's fair value in chart for subscribers.

What is the fair value of CARR stock?

You can check CARR's fair value in chart for subscribers. The fair value of Carrier Global Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Carrier Global Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CARR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Carrier Global Corp a good stock to buy?

The fair value guage provides a quick view whether CARR is over valued or under valued. Whether Carrier Global Corp is cheap or expensive depends on the assumptions which impact Carrier Global Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CARR.

What is Carrier Global Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, CARR's PE ratio (Price to Earnings) is 43.16 and Price to Sales (PS) ratio is 2.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CARR PE ratio will change depending on the future growth rate expectations of investors.