carrier global corp. - CARR

CARR

Close Chg Chg %
74.31 0.93 1.25%

Pre-Market

75.24

+0.93 (1.25%)

Volume: 3.61M

Last Updated:

Jul 2, 2025, 3:59 PM EDT

Company Overview: carrier global corp. - CARR

CARR Key Data

Open

$74.42

Day Range

74.04 - 75.32

52 Week Range

54.23 - 83.32

Market Cap

$63.70B

Shares Outstanding

857.31M

Public Float

805.95M

Beta

1.31

Rev. Per Employee

N/A

P/E Ratio

17.05

EPS

$4.42

Yield

111.71%

Dividend

$0.23

EX-DIVIDEND DATE

Jul 21, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

4.60M

 

CARR Performance

1 Week
 
2.16%
 
1 Month
 
5.94%
 
3 Months
 
31.62%
 
1 Year
 
19.01%
 
5 Years
 
228.50%
 

CARR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About carrier global corp. - CARR

Carrier Global Corp. engages in the provision of climate and energy solutions with a focus on providing differentiated, digitally-enabled lifecycle solutions to its customers. Its portfolio includes brands such as Carrier, Viessmann, Toshiba, Automated Logic and Carrier Transicold that offer innovative heating, ventilating, air conditioning (HVAC) and cold chain transportation solutions. It also provides a broad array of related building services, including audit, design, installation, system integration, repair, maintenance and monitoring. The firm operates through the following segments: Climate Solutions Americas (CSA), Climate Solutions Europe (CSE), Climate Solutions Asia Pacific, Middle East & Africa (CSAME) and Climate Solutions Transportation (CST). The CSA segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in North and South America. The CSE segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in Europe. The CSAME segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in Asia Pacific, the Middle East and Africa. The CST segment includes global transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail. The company was founded by Willis Haviland Carrier on June 26, 1915 and is headquartered in Palm Beach Gardens, FL.

CARR At a Glance

Carrier Global Corp.
13995 Pasteur Boulevard
Palm Beach Gardens, Florida 33418
Phone 1-561-365-2000 Revenue 22.49B
Industry Industrial Machinery Net Income 428.00M
Sector Producer Manufacturing 2024 Sales Growth 1.756%
Fiscal Year-end 12 / 2025 Employees 48,000
View SEC Filings

CARR Valuation

P/E Current 17.05
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 145.42
Price to Sales Ratio 2.768
Price to Book Ratio 4.258
Price to Cash Flow Ratio 110.538
Enterprise Value to EBITDA 20.541
Enterprise Value to Sales 3.176
Total Debt to Enterprise Value 0.18

CARR Efficiency

Revenue/Employee 468,458.333
Income Per Employee 8,916.667
Receivables Turnover 7.453
Total Asset Turnover 0.64

CARR Liquidity

Current Ratio 1.253
Quick Ratio 0.962
Cash Ratio 0.503

CARR Profitability

Gross Margin 26.786
Operating Margin 9.984
Pretax Margin 10.113
Net Margin 1.903
Return on Assets 3.156
Return on Equity 9.737
Return on Total Capital 4.115
Return on Invested Capital 4.536

CARR Capital Structure

Total Debt to Total Equity 91.222
Total Debt to Total Capital 47.705
Total Debt to Total Assets 34.342
Long-Term Debt to Equity 81.372
Long-Term Debt to Total Capital 42.554
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Carrier Global Corp. - CARR

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
20.61B 20.42B 22.10B 22.49B
Sales Growth
+18.09% -0.93% +8.21% +1.76%
Cost of Goods Sold (COGS) incl D&A
14.61B 14.95B 15.70B 16.46B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
338.00M 380.00M 542.00M 1.23B
Depreciation
240.00M 256.00M 300.00M 389.00M
Amortization of Intangibles
98.00M 124.00M 242.00M 843.00M
COGS Growth
+18.48% +2.35% +5.01% +4.88%
Gross Income
6.01B 5.47B 6.40B 6.02B
Gross Income Growth
+17.14% -8.90% +16.96% -5.91%
Gross Profit Margin
+29.15% +26.80% +28.97% +26.79%
2021 2022 2023 2024 5-year trend
SG&A Expense
3.56B 3.03B 3.83B 3.82B
Research & Development
503.00M 539.00M 617.00M 686.00M
Other SG&A
3.06B 2.49B 3.22B 3.13B
SGA Growth
+13.65% -14.99% +26.61% -0.47%
Other Operating Expense
(42.00M) (1.84B) 384.00M (39.00M)
Unusual Expense
91.00M 31.00M 97.00M 194.00M
EBIT after Unusual Expense
2.40B 4.25B 2.08B 2.05B
Non Operating Income/Expense
323.00M 341.00M 361.00M 803.00M
Non-Operating Interest Income
13.00M 83.00M 151.00M 209.00M
Equity in Earnings of Affiliates
249.00M 262.00M 211.00M 231.00M
Interest Expense
319.00M 302.00M 362.00M 580.00M
Interest Expense Growth
+7.05% -5.33% +19.87% +60.22%
Gross Interest Expense
319.00M 302.00M 362.00M 580.00M
Interest Capitalized
- - - -
-
Pretax Income
2.40B 4.29B 2.08B 2.27B
Pretax Income Growth
-15.94% +78.83% -51.44% +9.12%
Pretax Margin
+11.64% +21.02% +9.43% +10.11%
Income Tax
699.00M 708.00M 644.00M 1.06B
Income Tax - Current - Domestic
419.00M 573.00M 536.00M 1.04B
Income Tax - Current - Foreign
354.00M 259.00M 341.00M 374.00M
Income Tax - Deferred - Domestic
(139.00M) (52.00M) (171.00M) (103.00M)
Income Tax - Deferred - Foreign
65.00M (72.00M) (62.00M) (249.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
249.00M 262.00M 211.00M 231.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.70B 3.58B 1.44B 1.21B
Minority Interest Expense
37.00M 50.00M 91.00M 104.00M
Net Income
1.66B 3.53B 1.35B 1.11B
Net Income Growth
-16.04% +112.38% -61.83% -17.87%
Net Margin Growth
+8.07% +17.31% +6.10% +4.93%
Extraordinaries & Discontinued Operations
- - - (680.00M)
-
Discontinued Operations
- - - (680.00M)
-
Net Income After Extraordinaries
1.66B 3.53B 1.35B 428.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
1.66B 3.53B 1.35B 428.00M
EPS (Basic)
1.9177 4.1902 1.6111 0.4765
EPS (Basic) Growth
-16.16% +118.50% -61.55% -70.42%
Basic Shares Outstanding
867.70M 843.40M 837.30M 898.20M
EPS (Diluted)
1.869 4.1036 1.5815 0.4694
EPS (Diluted) Growth
-17.00% +119.56% -61.46% -70.32%
Diluted Shares Outstanding
890.30M 861.20M 853.00M 911.70M
EBITDA
2.83B 4.66B 2.72B 3.48B
EBITDA Growth
+23.63% +65.10% -41.60% +27.64%
EBITDA Margin
+13.70% +22.84% +12.33% +15.46%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 82.943
Number of Ratings 27 Current Quarters Estimate 0.913
FY Report Date 09 / 2025 Current Year's Estimate 3.036
Last Quarter’s Earnings 0.90 Median PE on CY Estimate N/A
Year Ago Earnings 2.56 Next Fiscal Year Estimate 3.449
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 21 21 24 24
Mean Estimate 0.91 0.58 3.04 3.45
High Estimates 0.94 0.61 3.07 3.77
Low Estimate 0.88 0.50 2.99 3.25
Coefficient of Variance 1.86 5.14 0.77 3.01

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 13 13
OVERWEIGHT 3 3 2
HOLD 10 10 9
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Carrier Global Corp. - CARR

Date Name Shares Transaction Value
Feb 20, 2025 Kyle Crockett VP, Controller & CAO 32,243 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $38.33 per share 1,235,874.19
Feb 20, 2025 Kyle Crockett VP, Controller & CAO 53,318 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $47.51 per share 2,533,138.18
Feb 20, 2025 Kyle Crockett VP, Controller & CAO 38,882 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.17 per share 2,533,939.94
Feb 20, 2025 Kyle Crockett VP, Controller & CAO 23,518 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.17 per share 1,532,668.06
Feb 20, 2025 Kyle Crockett VP, Controller & CAO 4,573 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $65.18 per share 298,068.14
Feb 20, 2025 Kyle Crockett VP, Controller & CAO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Kyle Crockett VP, Controller & CAO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Carrier Global Corp. in the News

Carrier plots separation of fire unit

Carrier Global’s fire and security business, which it intends to spin off or sell, accounts for about 17% of company sales, which has slumped alongside new construction.