- Previous Close
72.59 - Open
72.34 - Bid 72.80 x 800
- Ask 72.84 x 800
- Day's Range
72.31 - 73.60 - 52 Week Range
49.62 - 83.32 - Volume
1,554,565 - Avg. Volume
3,504,290 - Market Cap (intraday)
65.309B - Beta (5Y Monthly) 1.19
- PE Ratio (TTM)
42.82 - EPS (TTM)
1.70 - Earnings Date Feb 4, 2025 - Feb 10, 2025
- Forward Dividend & Yield 0.76 (1.05%)
- Ex-Dividend Date Oct 25, 2024
- 1y Target Est
81.43
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. 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, heat pumps, 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. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It 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. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
www.corporate.carrier.com53,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CARR
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Performance Overview: CARR
Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
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5-Year Return
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Statistics: CARR
View MoreValuation Measures
Market Cap
65.13B
Enterprise Value
75.78B
Trailing P/E
42.70
Forward P/E
24.04
PEG Ratio (5yr expected)
1.73
Price/Sales (ttm)
2.63
Price/Book (mrq)
4.43
Enterprise Value/Revenue
3.06
Enterprise Value/EBITDA
19.57
Financial Highlights
Profitability and Income Statement
Profit Margin
14.00%
Return on Assets (ttm)
4.18%
Return on Equity (ttm)
13.93%
Revenue (ttm)
24.8B
Net Income Avi to Common (ttm)
1.54B
Diluted EPS (ttm)
1.70
Balance Sheet and Cash Flow
Total Cash (mrq)
2.22B
Total Debt/Equity (mrq)
85.61%
Levered Free Cash Flow (ttm)
1.35B
Research Analysis: CARR
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Research Reports: CARR
View MoreCarrier's Transformation Is Nearing Conclusion
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
RatingPrice TargetCarrier Earnings: Transformation Nearing Completion; Viessmann Acquisition Weighs on Results
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
RatingPrice TargetCarrier to Sell Commercial and Residential Fire Business for $3 Billion
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
RatingPrice TargetAugust had a little bit of everything for investors, with a sharp three-day slide to begin the month, a mini flash-crash on August 5, an amazing turnaround and "V" bottom until August 21, and then a sideways pause to finish.
August had a little bit of everything for investors, with a sharp three-day slide to begin the month, a mini flash-crash on August 5, an amazing turnaround and "V" bottom until August 21, and then a sideways pause to finish. We also saw a number of breadth thrusts during the recovery, and generally those are a good thing. As far as the S&P 500 (SPX) is concerned, the formation since the peak on July 16 looks like a bullish "V" bottom with a handle. A break with follow-through above the all-time high of 5,667 would complete the pattern and open the door to a number of possible measured moves based on the size of the formation. A minimum 62%-79% Fibonacci extension targets the 6,010 to 6,105 region; a 100% extension equates to a move to 6,220; and a 127%-162% extension targets the 6,370-6,560 area. If the market fails near the prior high and gives up its recent gains -- which we do not expect -- a double top will be confirmed on a strong break of the August 5 closing low at 5,186. The SPX rose 2.3% in August, the Nasdaq eked out 0.7%, and the QQQ was up 1.1%, All three majors traced out bullish monthly hammer candlesticks. Sector strength was broad and defensive, with Consumer Staples and Real Estate popping 6%, Healthcare and Utilities gaining 5%, Financials up 4.5%, Industrials tacking on 2.8%, Materials adding 2.3%, Communication Services up 1.8%, Technology higher by 0.7%, and Discretionary flat. Energy was the only loser, off 2%. The entire yield curve fell below 4%, with the two-10 inversion at one basis point. The yield curve has been inverted for over two years. (Mark Arbeter, CMT)