NYSE
CARR

Carrier Global Corp

Building Products & Equipment
Industrials

Prices are adjusted according to historical splits.

Carrier Global Corp Stock Price

Vitals

Today's Low:
$56.27
Today's High:
$59.195
Open Price:
$58.74
52W Low:
$32.6712
52W High:
$48.9486
Prev. Close:
$58.94
Volume:
6302173

Company Statistics

Market Cap.:
$36.07 billion
Book Value:
9.744
Revenue TTM:
$21.04 billion
Operating Margin TTM:
11.61%
Gross Profit TTM:
$5.47 billion
Profit Margin:
12.02%
Return on Assets TTM:
6.03%
Return on Equity TTM:
32.51%

Company Profile

Carrier Global Corp had its IPO on 2020-04-03 under the ticker symbol CARR.

The company operates in the Industrials sector and Building Products & Equipment industry. Carrier Global Corp has a staff strength of 52,000 employees.

Stock update

Shares of Carrier Global Corp opened at $58.74 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $56.27 - $59.2, and closed at $56.58.

This is a -4% slip from the previous day's closing price.

A total volume of 6,302,173 shares were traded at the close of the day’s session.

In the last one week, shares of Carrier Global Corp have slipped by -2.35%.

Carrier Global Corp's Key Ratios

Carrier Global Corp has a market cap of $36.07 billion, indicating a price to book ratio of 5.0828 and a price to sales ratio of 1.7912.

In the last 12-months Carrier Global Corp’s revenue was $21.04 billion with a gross profit of $5.47 billion and an EBITDA of $2.88 billion. The EBITDA ratio measures Carrier Global Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Carrier Global Corp’s operating margin was 11.61% while its return on assets stood at 6.03% with a return of equity of 32.51%.

In Q1, Carrier Global Corp’s quarterly earnings growth was a negative -72.2% while revenue growth was a positive 13.3%.

Carrier Global Corp’s PE and PEG Ratio

Forward PE
16.8919
Trailing PE
13.9355
PEG
1.6632

Its diluted EPS in the last 12-months stands at $3.1 per share while it has a forward price to earnings multiple of 16.8919 and a PEG multiple of 1.6632. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Carrier Global Corp’s profitability.

Carrier Global Corp stock is trading at a EV to sales ratio of 2.0916 and a EV to EBITDA ratio of 8.6196. Its price to sales ratio in the trailing 12-months stood at 1.7912.

Carrier Global Corp stock pays annual dividends of $0.67 per share, indicating a yield of 1.78% and a payout ratio of 29%.

Balance sheet and cash flow metrics

Total Assets
$26.41 billion
Total Liabilities
$5.96 billion
Operating Cash Flow
$-100000000.00
Capital Expenditure
$70 million
Dividend Payout Ratio
29%

Carrier Global Corp ended 2024 with $26.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $26.41 billion while shareholder equity stood at $8.13 billion.

Carrier Global Corp ended 2024 with $581.00 million in deferred long-term liabilities, $5.96 billion in other current liabilities, 9000000.00 in common stock, $6.24 billion in retained earnings and $9.99 billion in goodwill. Its cash balance stood at $3.35 billion and cash and short-term investments were $3.35 billion. The company’s total short-term debt was $142,000,000 while long-term debt stood at $8.71 billion.

Carrier Global Corp’s total current assets stands at $10.16 billion while long-term investments were $1.10 billion and short-term investments were $0. Its net receivables were $3.60 billion compared to accounts payable of $2.93 billion and inventory worth $2.80 billion.

In 2024, Carrier Global Corp's operating cash flow was $-100000000.00 while its capital expenditure stood at $70 million.

Comparatively, Carrier Global Corp paid $0.29 in dividends in 2024.

Other key metrics

Current Trading Price
$56.58
52-Week High
$48.9486
52-Week Low
$32.6712
Analyst Target Price
$48.37

Carrier Global Corp stock is currently trading at $56.58 per share. It touched a 52-week high of $48.9486 and a 52-week low of $48.9486. Analysts tracking the stock have a 12-month average target price of $48.37.

Its 50-day moving average was $55.25 and 200-day moving average was $46.66 The short ratio stood at 2.9 indicating a short percent outstanding of 0%.

Around 10.3% of the company’s stock are held by insiders while 8774.3% are held by institutions.

Frequently Asked Questions About Carrier Global Corp

The stock symbol (also called stock or share ticker) of Carrier Global Corp is CARR

The IPO of Carrier Global Corp took place on 2020-04-03

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About

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.

Address

13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418