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Carrier Global Corp Stock Research

CARR

52.43USD-1.40(-2.60%)Delayedas of 21 Sep 2023, 11:12 am
Watchlist

Market Summary

USD52.43-1.40
Delayedas of 21 Sep 2023, 11:12 am
-2.60%

CARR Alerts

  • Big fall in earnings (Y/Y)

CARR Stock Price

CARR RSI Chart

CARR Valuation

Market Cap

45.0B

Price/Earnings (Trailing)

20.18

Price/Sales (Trailing)

2.06

EV/EBITDA

12.76

Price/Free Cashflow

18.62

CARR Price/Sales (Trailing)

CARR Profitability

EBT Margin

14.80%

Return on Equity

30.51%

Return on Assets

9.78%

Free Cashflow Yield

5.37%

CARR Fundamentals

CARR Revenue

Revenue (TTM)

21.8B

Revenue Y/Y

14.99%

Revenue Q/Q

13.64%

CARR Earnings

Earnings (TTM)

2.2B

Earnings Y/Y

-60.31%

Earnings Q/Q

-39.79%

Price Action

52 Week Range

32.9760.04
(Low)(High)

Last 7 days

-2.5%

Last 30 days

0.5%

Last 90 days

12.5%

Trailing 12 Months

43.0%

CARR Financial Health

Current Ratio

1.7

Debt/Equity

1.03

Debt/Cashflow

0.24

CARR Investor Care

Dividend Yield

2.82%

Dividend/Share (TTM)

1.52

Buy Backs (1Y)

1.15%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for CARR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
White Timothy N
sold (taxes)
-210,438
57.94
-3,632
president, refrigeration
2023-09-01
White Timothy N
acquired
-
-
10,611
president, refrigeration
2023-07-31
Timperman Jurgen
back to issuer
-6,292,220
59.2705
-106,161
president, fire & security
2023-07-31
Crockett Kyle
sold
-403,670
59.2152
-6,817
vice president, controller
2023-07-31
Crockett Kyle
acquired
306,960
25.58
12,000
vice president, controller
2023-07-31
Crockett Kyle
back to issuer
-306,937
59.22
-5,183
vice president, controller
2023-07-31
Timperman Jurgen
acquired
6,292,480
23.2529
270,611
president, fire & security
2023-07-31
Timperman Jurgen
sold
-1,953,600
59.2
-33,000
president, fire & security
2023-07-31
Timperman Jurgen
sold
-9,743,760
59.2506
-164,450
president, fire & security
2023-06-08
Timperman Jurgen
back to issuer
-5,447,780
45.0066
-121,044
president, fire & security

1–10 of 50

Which funds bought or sold CARR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
new
-
477,216
477,216
0.41%
2023-09-13
CGC Financial Services, LLC
new
-
18,890
18,890
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-5.27
1,703
59,851
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
36,507
458,276
0.13%
2023-09-07
ST GERMAIN D J CO INC
new
-
287,572
287,572
0.01%
2023-08-30
Western Wealth Management, LLC
reduced
-0.84
22,827
317,790
0.03%
2023-08-28
DT Investment Partners, LLC
unchanged
-
8,588
27,568
-%
2023-08-24
Alberta Investment Management Corp
reduced
-9.61
-13,909
765,534
0.01%
2023-08-23
HEADINVEST, LLC
reduced
-4.01
258,940
1,825,100
0.39%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
6,554
82,270
0.01%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Carrier Global

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 13, 2023
capital world investors
9.8%
81,933,352
SC 13G/A
Feb 13, 2023
capital research global investors
9.3%
78,167,940
SC 13G/A
Feb 09, 2023
vanguard group inc
11.12%
93,020,286
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
58,595,207
SC 13G/A
May 10, 2022
capital world investors
10.1%
86,068,361
SC 13G/A
Feb 11, 2022
capital international investors
6.5%
56,082,639
SC 13G
Feb 11, 2022
capital research global investors
8.0%
69,450,096
SC 13G/A
Feb 11, 2022
capital world investors
7.7%
66,568,066
SC 13G

Recent SEC filings of Carrier Global

View All Filings
Date Filed Form Type Document
Sep 05, 2023
4
Insider Trading
Aug 10, 2023
SC 13G/A
Major Ownership Report
Jul 31, 2023
4
Insider Trading
Jul 31, 2023
4
Insider Trading
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 28, 2023
S-3ASR
S-3ASR
Jul 27, 2023
8-K
Current Report
Jul 27, 2023
10-Q
Quarterly Report

CARR Fair Value

Loading...

Peers (Alternatives to Carrier Global)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.0B
16.8B
1.42% 30.05%
24.4
2.73
13.35% 25.94%
45.0B
21.8B
0.49% 42.95%
20.18
2.06
7.29% -19.96%
15.9B
18.5B
-4.22% 125.82%
8.54
0.86
-18.55% -30.63%
MID-CAP
5.0B
1.0B
-1.21% 60.41%
33.54
4.77
57.12% 166.92%
13.3B
4.8B
7.35% 58.74%
24.04
2.76
8.97% 17.17%
12.2B
9.7B
-0.30% 68.94%
9.23
1.26
4.49% 16.58%
7.7B
4.5B
-5.00% -39.38%
11.25
1.64
-7.22% -33.29%
7.0B
975.8M
-5.04% 37.80%
49.13
7.18
-28.53% -44.91%
2.8B
761.3M
-1.86% 41.28%
28.33
3.63
14.47% 29.51%
SMALL-CAP
2.4B
1.4B
-1.81% 68.42%
26.5
1.74
-1.82% 9.53%
1.6B
1.5B
-2.71% 29.71%
15.11
1.04
8.65% 50.65%
916.4M
1.1B
7.42% 38.97%
11.49
0.8
-5.23% -5.65%
626.0M
699.7M
4.39% 17.91%
12.25
0.89
-11.45% -59.40%
50.1M
56.9M
-6.01% 5.24%
18.12
0.88
-9.32% -22.79%

Carrier Global News

Investing.com UK
Jim Cramer Calls This Stock 'An Unbelievable Infrastructure Play ....
Investing.com UK,
2 hours ago
Marketscreener.com
Investing.com Deutsch

Returns for CARR

Cumulative Returns on CARR

21.6%


3-Year Cumulative Returns

Risks for CARR

What is the probability of a big loss on CARR?

42.9%


Probability that Carrier Global stock will be more than 20% underwater in next one year

20.1%


Probability that Carrier Global stock will be more than 30% underwater in next one year.

5.4%


Probability that Carrier Global stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CARR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Carrier Global was unfortunately bought at previous high price.

Drawdowns

Financials for Carrier Global

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42017Q4
Revenue3.7%21,82121,04020,42120,44920,33920,56820,61320,07419,73518,26717,45617,36317,18318,17318,60818,80918,57017,29218,91417,814
  S&GA Expenses6.5%2,8022,6322,5122,6552,7792,9783,1203,1143,0472,8712,8202,7052,7262,7692,7612,7552,7282,7362,6892,584
  R&D Expenses5.2%582553539524504507503496473442419391393402401403400388400364
EBITDA-100.0%-3,5504,6724,6643,9434,2453,057--3,6923,4892,8702,4992,8793,0353,1253,1542,5284,2153,440
EBITDA Margin-100.0%-0.17*0.23*0.23*0.19*0.21*0.15*--0.20*0.20*0.17*0.15*0.16*0.16*0.17*0.17*0.15*0.22*0.19*
Earnings Before Taxes-10.8%2,7783,1134,2924,3203,6183,5922,4003,1713,4123,0562,8552,2701,9402,4242,6722,7752,8042,1723,8423,054
EBT Margin-100.0%-0.15*0.21*0.21*0.18*0.17*0.12*0.16*0.17*0.17*0.16*0.13*0.11*0.13*0.14*0.15*0.15*0.13*0.20*0.17*
Net Income-13.7%2,2302,5843,5843,6382,7862,6961,7012,2532,5212,2932,0031,5591,3031,8182,1162,2352,3681,6002,7691,227
Net Income Margin-100.0%-0.12*0.18*0.18*0.14*0.13*0.08*0.11*0.13*0.12*0.11*0.09*0.08*0.10*0.11*0.12*0.13*0.09*0.14*0.07*
Free Cashflow-100.0%-2,0651,7431,5331,3221,8512,2371,5231,8811,8291,6922,5672,2482,2932,0631,319742-7322,0552,098
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets-0.5%26,28426,41126,08625,35023,66224,19326,17225,78825,73824,86825,09325,72824,17622,00122,40621,737
  Current Assets-0.2%10,14110,1589,8799,7409,2769,60211,40711,3008,7548,3288,5249,3348,0535,9685,9596,109
    Cash Equivalents-4.1%3,2093,3473,5202,9853,0173,6043,0252,6712,6302,5993,1153,8482,7047689571,134
  Inventory-3.7%2,6992,8032,6402,6642,3502,3581,9701,9261,8851,8541,6291,5811,6391,5561,3321,363
  Net PPE-0.7%2,2622,2772,2412,0551,8051,8251,8261,7641,8371,7771,8101,6761,6511,6381,6631,653
  Goodwill-0.6%9,9279,9879,9779,6219,0679,2889,3499,23710,27910,07710,1399,9069,7359,6489,8849,849
Liabilities0.3%17,99617,94318,01017,88716,67016,76319,07818,56618,61818,05018,51520,29119,81018,9757,9717,468
  Current Liabilities4.6%6,2345,9586,0326,0135,5465,5316,6276,0685,6045,1385,1105,1824,7894,4514,4694,466
  Long Term Debt---8,702---9,513---10,036-----
    LT Debt, Current-5.6%134142140219269256183130125153191223301218237-
    LT Debt, Non Current-0.6%8,6558,7088,7028,6708,2988,3059,5139,5589,6009,57710,03611,75111,72811,02982.00-
Shareholder's Equity-2.1%8,2888,4688,0767,4636,9927,4307,0947,2227,1206,8186,5785,4374,3663,02614,43514,269
  Retained Earnings-1.8%6,1296,2395,8665,8764,5644,2442,8652,7742,3052,0271,643932191---
  Additional Paid-In Capital0%5,4945,4945,4815,4635,4415,4155,4115,3845,3665,3505,3455,3275,307---
Shares Outstanding0.1%836835835840846853863868869869868866866866--
Minority Interest-4.5%319334318311296329327322364329326341338329333352
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42017Q4
Cashflow From Operations17.0%2,4172,0651,7431,5331,3221,8512,2371,5231,8811,8291,6922,5672,2482,2932,0631,319742-7322,0552,098
  Share Based Compensation-2.6%76.0078.0077.0090.0094.0095.0092.0082.0082.0083.0077.0068.0065.0057.0052.0053.0044.0032.0044.0034.00
Cashflow From Investing-1.8%-1,196-1,1751,7451,7792,2542,177-6924509081,1851,106121-282-344-259-200-160-172415271
Cashflow From Financing10.8%-1,003-1,124-2,931-2,921-3,098-2,939-1,562-3,079-2,894-1,248-681286-175-2,001-1,982-1,460-984-228-2,627-2,193
  Dividend Payments5.1%56153450948846544241738134724213870.00--------
  Buy Backs-39.5%4287081,3801,5131,4111,22552727513036.00----------

CARR Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales    
Total Net sales$ 5,992$ 5,211$ 11,265$ 9,865
Costs and expenses    
Research and development(151)(122)(290)(247)
Selling, general and administrative(784)(614)(1,505)(1,215)
Total Costs and expenses(5,172)(4,500)(9,927)(8,587)
Equity method investment net earnings5210196159
Other income (expense), net(383)7(390)1,119
Operating profit4898191,0442,556
Non-service pension (expense) benefit0(1)0(2)
Interest (expense) income, net(67)(61)(113)(109)
Income from operations before income taxes4227579312,445
Income tax (expense) benefit(189)(170)(311)(471)
Net income from operations2335876201,974
Less: Non-controlling interest in subsidiaries' earnings from operations34144822
Net income attributable to common shareowners$ 199$ 573$ 572$ 1,952
Earnings per share    
Basic (in dollars per share)$ 0.24$ 0.68$ 0.68$ 2.30
Diluted (in dollars per share)$ 0.23$ 0.67$ 0.67$ 2.25
Weighted-average number of shares outstanding    
Basic (in shares)836.0845.7835.5849.5
Diluted (in shares)850.9862.7851.5868.4
Product    
Net sales    
Total Net sales$ 5,355$ 4,662$ 10,041$ 8,832
Costs and expenses    
Cost of products and services sold(3,769)(3,363)(7,227)(6,361)
Service    
Net sales    
Total Net sales6375491,2241,033
Costs and expenses    
Cost of products and services sold$ (468)$ (401)$ (905)$ (764)

CARR Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 3,209$ 3,520
Accounts receivable, net3,2122,833
Contract assets, current578537
Inventories, net2,6992,640
Other assets, current443349
Total current assets10,1419,879
Future income tax benefits690612
Fixed assets, net2,2622,241
Operating lease right-of-use assets600642
Intangible assets, net1,1811,342
Goodwill9,9279,977
Pension and post-retirement assets3226
Equity method investments1,1391,148
Other assets312219
Total Assets26,28426,086
Liabilities and Equity  
Accounts payable2,9562,833
Accrued liabilities2,6612,610
Contract liabilities, current483449
Current portion of long-term debt134140
Total current liabilities6,2346,032
Long-term debt8,6558,702
Future pension and post-retirement obligations350349
Future income tax obligations560568
Operating lease liabilities485529
Other long-term liabilities1,7121,830
Total Liabilities17,99618,010
Commitments and contingent liabilities (Note 19)
Equity  
Common stock99
Treasury stock(1,972)(1,910)
Additional paid-in capital5,4945,481
Retained earnings6,1295,866
Accumulated other comprehensive loss(1,691)(1,688)
Non-controlling interest319318
Total Equity8,2888,076
Total Liabilities and Equity$ 26,284$ 26,086
David L. Gitlin
58000
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, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, 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.