Stock Ideas
Stocks
Funds
Screener
Sectors
Watchlists
CARR

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

66.26USD-0.79 (-1.18%)Market Closed

Market Summary

CARR
USD66.26-0.79
Market Closed
-1.18%

CARR Stock Price

View Fullscreen

CARR RSI Chart

CARR Valuation

Market Cap

59.7B

Price/Earnings (Trailing)

44.49

Price/Sales (Trailing)

2.59

EV/EBITDA

28.15

Price/Free Cashflow

23.63

CARR Price/Sales (Trailing)

CARR Profitability

EBT Margin

8.30%

Return on Equity

11.27%

Return on Assets

3.29%

Free Cashflow Yield

4.23%

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

Last 7 days

0.4%

Last 30 days

0.8%

Last 90 days

23.8%

Trailing 12 Months

21.2%

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

1.1%

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
YearQ1Q2Q3Q4
202423.0B000
202321.0B21.8B22.1B22.1B
202220.6B20.3B20.4B20.4B
202118.3B19.7B20.1B20.6B
202018.2B17.2B17.4B17.5B
201918.8B18.8B18.7B18.6B
201800018.9B
201700017.8B
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.

PurpleZone


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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 21, 2024
crockett kyle
acquired
191,850
25.58
7,500
vp, controller & cao
May 21, 2024
crockett kyle
sold (taxes)
-191,801
66.39
-2,889
vp, controller & cao
May 21, 2024
crockett kyle
sold
-306,134
66.392
-4,611
vp, controller & cao
May 16, 2024
o'connor kevin j.
sold
-2,629,250
65.7312
-40,000
senior vp & clo
May 10, 2024
villeneuve nadia
sold
-12,875,300
65.4048
-196,856
senior vp & chro
May 10, 2024
villeneuve nadia
sold (taxes)
-4,366,670
65.43
-66,738
senior vp & chro
May 10, 2024
villeneuve nadia
acquired
4,366,920
20.4449
213,594
senior vp & chro
Apr 29, 2024
timperman jurgen
sold (taxes)
-6,653,300
61.8681
-107,540
president, fire & security
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

1–10 of 50

Which funds bought or sold CARR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Hennion & Walsh Asset Management, Inc.
reduced
-1.32
14,325
216,617
0.01%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-12.12
-5,656,730
116,238,000
0.09%
Jul 19, 2024
CENTRAL BANK & TRUST CO
unchanged
-
574
7,317
-%
Jul 19, 2024
Accordant Advisory Group Inc
new
-
15,770
15,770
0.01%
Jul 19, 2024
Continuum Advisory, LLC
reduced
-2.54
-5,182
84,653
0.01%
Jul 19, 2024
HARBOR INVESTMENT ADVISORY, LLC
added
3.29
20,509
190,249
0.02%
Jul 19, 2024
First Horizon Advisors, Inc.
added
8.14
78,403
530,650
0.02%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
0.08
1,235,000
15,059,100
0.10%
Jul 19, 2024
Boston Trust Walden Corp
reduced
-2.86
32,987
642,596
-%
Jul 19, 2024
Westhampton Capital, LLC
unchanged
-
75,770
965,566
0.52%

1–10 of 50

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

Unveiling Carrier Global Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 21, 2024
8-K
Current Report
Jun 21, 2024
8-K
Current Report
Jun 07, 2024
8-K
Current Report
Jun 03, 2024
8-K
Current Report
May 31, 2024
SD
SD
May 23, 2024
4
Insider Trading
May 21, 2024
144
Notice of Insider Sale Intent
May 17, 2024
4
Insider Trading
May 17, 2024
8-K
Current Report
May 16, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Carrier Global Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
23.0B
0.82% 21.20%
44.49
2.59
9.35% -48.07%
19.9B
5.5B
-4.48% 9.64%
27.4
3.62
8.06% 32.52%
19.8B
4.9B
-1.21% 55.16%
23.14
4.05
-3.54% 3.11%
19.3B
17.1B
5.71% 13.53%
13.16
1.13
-18.27% -40.02%
11.5B
-
9.13% -3.91%
21.01
3.13
6.67% 16.79%
MID-CAP
7.8B
3.8B
1.70% 52.52%
20.23
2.05
-5.75% 2.14%
7.1B
1.2B
7.76% 27.30%
39.72
6.13
19.83% 50.95%
5.2B
3.4B
3.96% -11.48%
8.35
1.53
-11.52% -24.82%
4.1B
1.6B
-0.20% -6.63%
39.68
2.61
-16.80% -47.08%
1.9B
801.3M
-4.92% -80.11%
-1.28
2.33
3.94% -88.36%
SMALL-CAP
1.4B
1.4B
0.52% 33.72%
12.73
0.98
-4.08% 2.00%
530.1M
141.5M
2.71% 30.22%
9.23
3.75
64.77% 235.59%
460.0M
1.8B
2.34% -14.87%
-18.85
0.26
-6.26% -71.83%
258.5M
87.1M
-32.47% -77.39%
-2.43
2.97
-44.79% 14.61%
69.9M
60.9M
15.22% 53.33%
16.59
1.15
4.81% 82.22%

Carrier Global Corp News

Latest updates
MarketBeat3 hours ago
American Banking and Market News16 Jul 202411:14 am
Simply Wall St03 Jul 202411:02 am

Carrier Global Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue21.2%6,1825,1025,7315,9925,2735,1055,4515,2114,6545,1335,3415,4404,6994,5945,0023,9723,8884,5014,8224,9624,323
Costs and Expenses18.5%5,6864,7994,9035,1724,7554,6804,7414,5004,0874,7174,6114,7594,1694,2464,2223,5623,5564,0224,1804,2713,878
  S&GA Expenses2.5%985961831784721673624614601816748813743810681637692695702680684
  R&D Expenses31.8%22417015715113914914312212513412312512112710094.0098.0099.0010210397.00
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%46.0012021318912299.0013817030173.0028823410428926110619313717565.00140
Earnings Before Taxes-40.1%3355595944225093771,4707571,6884057687314961,1761,009375295591679859543
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%2894393812333872781,3325871,387332480497392884748269102440492784400
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%40.001,0621,0413841201,12379032.00-202913579561184199937509-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets24.3%40,81032,82226,54426,28426,41126,08625,35023,66224,19326,17225,78825,73824,86825,09325,72824,17622,00122,40621,737
  Current Assets-37.6%11,71518,78010,51110,14110,1589,8799,7409,2769,60211,40711,3008,7548,3288,5249,3348,0535,9685,9596,109
    Cash Equivalents-86.9%1,31310,0153,9023,2093,3473,5272,9853,0173,6042,9872,6712,6302,5993,1193,8482,7047689571,134
  Inventory43.8%3,1892,2172,5622,6992,8032,6402,6642,3502,3581,9701,9261,8851,8541,6291,5811,6391,5561,3321,363
  Net PPE38.6%3,1792,2932,2102,2622,2772,2412,0551,8051,8251,8261,7641,8371,7771,8101,6761,6511,6381,6631,653
  Goodwill92.3%15,3667,9899,8259,9279,9879,9779,6219,0679,2889,3499,23710,27910,07710,1399,9069,7359,6489,884-
Liabilities21.4%28,90423,81718,04217,99617,94318,01017,88716,67016,76319,07818,56618,61818,05018,51520,29119,81018,9757,9717,468
  Current Liabilities25.3%8,6376,8916,3496,2345,9586,0326,0135,5465,5316,6276,0685,6045,1385,1105,1824,7894,4514,4694,466
  Long Term Debt9.9%15,64714,2428,6518,6558,7088,7028,6708,2988,3059,5139,5589,6009,57710,03611,75111,72811,02982.00-
    LT Debt, Current2347.1%1,24851.00134134142140219269256183130125153191223301218237-
    LT Debt, Non Current9.9%15,64714,2428,6518,6558,7088,7028,6708,2988,3059,5139,5589,6009,57710,03611,75111,72811,02982.00-
Shareholder's Equity32.2%11,9069,0058,5028,2888,4688,0767,4636,9927,4307,0947,2227,1206,8186,5785,4374,3663,02614,43514,269
  Retained Earnings4.1%6,8606,5916,4866,1296,2395,8665,8764,5644,2442,8652,7742,3052,0271,643932191---
  Additional Paid-In Capital54.2%8,5365,5355,5175,4945,4945,4815,4635,4415,4155,4115,3845,3665,3505,3455,3275,307---
Shares Outstanding7.1%899840839836835835846846853868868869869867866----
Minority Interest5.2%345328318319334318311296329327322364329326341338329333352
Float----41,600---30,000---42,100---19,200---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-96.2%40.001,0621,0413841201,12379032.00-20291357956118419993750947.001,074618554-183
  Share Based Compensation22.2%22.0018.0023.0018.0022.0019.0017.0020.0021.0032.0021.0021.0019.0021.0021.0022.0013.0012.0018.0014.008.00
Cashflow From Investing-4738.9%-11,081-229-135-196-100-300-600-1752,820-266-125-252-49.0087633325.00-128-109-70.00-37.00-43.00
Cashflow From Financing-55.1%2,3795,300-182-293-213-347-150-414-2,020-337-327-255-643-1,854-1421,391-76.00-887-603-435-57.00
  Dividend Payments2.6%15915515615515412512712812910410410510468.0070.00------
  Buy Backs-----62.0011924728073425214594.0036.00--------
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 earnings3144
Other income (expense), net(27)(7)
Operating profit500555
Interest (expense) income, net(165)(46)
Income from operations before income taxes335509
Income tax (expense) benefit(46)(122)
Net income from operations289387
Less: Non-controlling interest in subsidiaries' earnings from operations2014
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)899.2835.0
Diluted (in shares)913.0852.2
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 sales640587
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, net3,1562,481
Contract assets, current320306
Inventories, net3,1892,217
Assets held for sale, current3,1693,314
Other assets, current568447
Total current assets11,71518,780
Future income tax benefits823739
Fixed assets, net3,1792,293
Operating lease right-of-use assets633491
Intangible assets, net7,3511,028
Goodwill15,3667,989
Pension and post-retirement assets7832
Equity method investments1,1551,140
Other assets510330
Total Assets40,81032,822
Liabilities and Equity  
Accounts payable3,0742,742
Accrued liabilities2,9942,811
Contract liabilities, current501425
Liabilities held for sale, current820862
Current portion of long-term debt1,24851
Total current liabilities8,6376,891
Long-term debt15,64714,242
Future pension and post-retirement obligations259155
Future income tax obligations2,272535
Operating lease liabilities505391
Other long-term liabilities1,5841,603
Total Liabilities28,90423,817
Commitments and contingent liabilities (Note 19)
Equity  
Common stock99
Treasury stock(1,972)(1,972)
Additional paid-in capital8,5365,535
Retained earnings6,8606,591
Accumulated other comprehensive loss(1,872)(1,486)
Non-controlling interest345328
Total Equity11,9069,005
Total Liabilities and Equity$ 40,810$ 32,822
CARR
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
 WEBSITEcorporate.carrier.com
 INDUSTRYCommunication Equipment
 EMPLOYEES52000

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 Fri Jul 19 2024, market cap of Carrier Global Corp is 59.7 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 Fri Jul 19 2024, CARR's PE ratio (Price to Earnings) is 44.49 and Price to Sales (PS) ratio is 2.59. 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.