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CARR

44.68USD-0.25(-0.56%)Market Closed

Carrier Global Corp

Market Summary

USD44.68-0.25Market Closed
-0.56%

CARR Alerts

CARR Stock Price

RSI Chart

Valuation

Market Cap

33.8B

Price/Earnings

12.13

Price/Sales

1.65

Price/Cashflow

22.04

MarketCap/EBT

7.82

Price/Sales

Profitability

EBT Margin

21.13%

Return on Equity

37.33%

Return on Assets

10.99%

Fundamentals

Revenue

Revenue (TTM)

20.4B

Revenue Y/Y

2.06%

Revenue Q/Q

4.61%

Earnings

Earnings (TTM)

2.8B

Earnings Y/Y

18.11%

Earnings Q/Q

-57.68%

Price Action

52 Week Range

56.83
(Low)(High)

Last 7 days

1.1%

Last 30 days

14.2%

Last 90 days

13.3%

Trailing 12 Months

-18.3%

Financial Health

Current Ratio

1.62

Debt/Equity

1.16

Debt/Cashflow

0.18

Investor Care

Dividend Yield

3%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

2.65%

Diluted EPS (TTM)

4.15

Peers (Alternatives to Carrier Global)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
37.3B
15.5B
11.32% -5.65%
24.98
2.51
12.66% 21.10%
33.8B
20.4B
14.21% -18.31%
12.13
1.65
1.87% 10.82%
MID-CAP
9.7B
23.0B
9.36% -13.93%
3.6
0.42
29.31% 97.30%
8.9B
3.8B
12.44% -24.13%
18.33
2.52
12.89% 5.97%
8.5B
4.6B
14.97% -13.62%
17.38
1.84
10.76% -1.20%
8.1B
9.6B
10.73% 4.47%
6.06
0.85
15.86% 34.40%
7.9B
8.0B
10.78% -36.96%
10.49
0.98
9.41% 3.75%
5.4B
1.2B
11.79% -66.62%
21.01
3.98
8.62% -12.08%
3.5B
770.5M
27.04% 1.45%
62.1
5.2
49.63% -5.32%
2.0B
665.1M
-3.24% 0.18%
26.63
3.02
35.86% 55.89%
SMALL-CAP
1.6B
1.4B
4.00% -26.85%
19.91
1.17
12.82% 27.77%
1.3B
1.5B
-5.53% -8.85%
19.11
0.95
34.94% 289.47%
737.5M
1.2B
15.14% 9.68%
8.72
0.61
16.41% 45.22%
529.6M
826.8M
19.12% -28.56%
4.24
0.64
40.00% 87.68%
52.8M
63.0M
-1.79% -31.03%
14.74
0.84
-25.47% -75.19%

Financials for Carrier Global

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.5%20,44920,33920,56820,61320,074
  S&GA Expenses-4.5%2,6552,7792,9783,1203,114
  R&D Expenses4.0%524504507503496
Earnings Before Taxes19.4%4,3203,6183,5922,4003,171
Net Income3.3%2,7862,6961,7012,253
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets7.1%25,35023,66224,19326,17225,788
  Current Assets5.0%9,7409,2769,60211,40711,300
    Cash Equivalents-1.1%2,9853,0173,6042,9872,671
  Inventory13.4%2,6642,3502,3581,9701,926
  Net PPE13.9%2,0551,8051,8251,8261,764
  Goodwill6.1%9,6219,0679,2889,3499,237
Liabilities7.3%17,88716,67016,76319,07818,566
  Current Liabilities8.4%6,0135,5465,5316,6276,068
  Long Term Debt4.5%8,6708,2988,3059,5139,558
    LT Debt, Current-18.6%219269256183130
    LT Debt, Non Current4.5%8,6708,2988,3059,5139,558
Shareholder's Equity6.7%7,4636,9927,4307,0947,222
  Retained Earnings28.7%5,8764,5644,2442,8652,774
  Additional Paid-In Capital0.4%5,4635,4415,4155,4115,384
Shares Outstanding-0.9%846853863868-
Minority Interest5.1%311296329327322
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations16.0%1,5331,3221,8512,2371,523
  Share Based Compensation-4.3%9094959282
Cashflow From Investing-21.1%1,7792,2542,177-692.00450
Cashflow From Financing5.7%-2,921.00-3,098.00-2,939.00-1,562.00-3,079.00
  Dividend Payments5.2%465442417381
  Buy Backs7.2%1,5131,4111,225527275

Risks

What is the probability of a big loss on CARR?

31.0%


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

22.5%


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

7.0%


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.

Returns

Cumulative Returns on CARR

Which funds bought or sold CARR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
-
-
13,053
83,000
0.05%
2022-11-23
Toroso Investments, LLC
-
-
374,000
3,256,000
0.14%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,776,000
2,776,000
0.03%
2022-11-22
CVA Family Office, LLC
-
-
24,000
62,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
-
-
214,000
1,048,000
0.03%
2022-11-21
DEARBORN PARTNERS LLC
-
-
-128,000
30,442,000
1.34%
2022-11-21
ST GERMAIN D J CO INC
-
-
-
236,000
0.02%
2022-11-21
Sunbelt Securities, Inc.
-
-
-6,000
291,000
0.06%
2022-11-21
Kalos Management, Inc.
-
-
-219,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-997,000
50,033,000
0.09%

1–10 of 48

Latest Funds Activity

Are funds buying CARR calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CARR

Carrier Global News

MarketBeat

Carrier Global Co. (NYSE:CARR) Short Interest Down 12.7% in November.7 hours ago

CARR Fair Value

Recent SEC filings of Carrier Global

View All Filings
Date Filed Form Type Document
Oct 27, 2022
8-K
Current Report
Oct 27, 2022
10-Q
Quarterly Report
Sep 29, 2022
8-K
Current Report
Sep 02, 2022
4
Insider Trading

Latest Insider Trading transactions for CARR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-29
Timperman Jurgen
ACQUIRED
3,927,840
20.3879
192,655
President, Fire & Security
2022-11-29
Timperman Jurgen
SOLD
-1,718,920
43.5445
-39,475
President, Fire & Security
2022-11-29
Timperman Jurgen
GIVEN BACK TO IS
-3,927,740
43.5916
-90,103
President, Fire & Security
2022-11-29
Timperman Jurgen
SOLD
-4,468,520
43.5732
-102,552
President, Fire & Security
2022-09-01
White Timothy N
SOLD (Taxes)
-163,656
39.79
-4,113
President, Refrigeration
2022-09-01
White Timothy N
ACQUIRED
-
-
10,451
President, Refrigeration
2022-06-14
Villeneuve Nadia
ACQUIRED
-
-
24,850
Senior VP & CHRO
2022-06-14
Villeneuve Nadia
SOLD (Taxes)
-351,457
35.94
-9,779
Senior VP & CHRO
2022-06-14
Timperman Jurgen
ACQUIRED
-
-
74,489
President, Fire & Security
2022-06-14
Nelson Christopher John
SOLD (Taxes)
-1,196,690
35.94
-33,297
President, HVAC

1–10 of 50

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.

CARR Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales    
Net sales$ 5,451$ 5,341$ 15,316$ 15,480
Costs and expenses    
Research and development(143)(123)(390)(369)
Selling, general and administrative(624)(748)(1,839)(2,304)
Total Costs and expenses(4,741)(4,611)(13,328)(13,539)
Equity method investment net earnings6376222201
Other income (expense), net753221,87240
Operating profit1,5268284,0822,182
Non-service pension (expense) benefit014(2)51
Interest (expense) income, net(56)(74)(165)(238)
Income from operations before income taxes1,4707683,9151,995
Income tax (expense) benefit(138)(288)(609)(626)
Net income from operations1,3324803,3061,369
Less: Non-controlling interest in subsidiaries' earnings from operations20114229
Net income attributable to common shareowners$ 1,312$ 469$ 3,264$ 1,340
Earnings per share    
Basic (in dollars per share)$ 1.56$ 0.54$ 3.86$ 1.54
Diluted (in dollars per share)$ 1.53$ 0.53$ 3.78$ 1.50
Weighted-average number of shares outstanding    
Basic (in shares)839.6867.6846.1868.6
Diluted (in shares)856.5892.0864.3890.9
Product    
Net sales    
Net sales$ 4,891$ 4,510$ 13,723$ 12,958
Costs and expenses    
Cost of products and services sold(3,569)(3,172)(9,930)(9,131)
Service    
Net sales    
Net sales5608311,5932,522
Costs and expenses    
Cost of products and services sold$ (405)$ (568)$ (1,169)$ (1,735)

CARR Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 2,985$ 2,987
Accounts receivable, net3,0032,403
Contract assets, current666503
Inventories, net2,6641,970
Assets held for sale03,168
Other assets, current422376
Total current assets9,74011,407
Future income tax benefits619563
Fixed assets, net2,0551,826
Operating lease right-of-use assets625640
Intangible assets, net1,309509
Goodwill9,6219,349
Pension and post-retirement assets2343
Equity method investments1,1511,593
Other assets207242
Total Assets25,35026,172
Liabilities and Equity  
Accounts payable2,8172,334
Accrued liabilities2,5372,561
Contract liabilities, current440415
Liabilities held for sale01,134
Current portion of long-term debt219183
Total current liabilities6,0136,627
Long-term debt8,6709,513
Future pension and post-retirement obligations431380
Future income tax obligations522354
Operating lease liabilities514527
Other long-term liabilities1,7371,677
Total Liabilities17,88719,078
Commitments and contingent liabilities (Note 19)
Equity  
Common stock99
Treasury stock(1,791)(529)
Additional paid-in capital5,4635,411
Retained earnings5,8762,865
Accumulated other comprehensive loss(2,405)(989)
Non-controlling interest311327
Total Equity7,4637,094
Total Liabilities and Equity$ 25,350$ 26,172