Carrier Global Corporation(CARR) Stock Research - Grey Stern Research
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Carrier Global Corporation (CARR) Stock Analysis

$66.53 (3.55%)

CARR Financial Performance


Use the table below to view Carrier Global Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2024

Metric Value Ranking among Peers
Price $64.25 -
52 Week Low $53.33 -
52 Week High $83.32 -
Market Cap $55.5 Billion 2/13
Gross Margin 26% 9/13
Profit Margin 28% 1/13
EBITDA margin 22% 2/13
Q4 - 2024 Revenue $5.1 Billion 2/13
Q4 - 2024 Earnings $1.4 Billion 1/13
Q4 - 2024 Free Cash Flow -$85.0 Billion 8/13
Trailing 4 Quarters Revenue $22.5 Billion 1/13
Trailing 4 Quarters Earnings $1.4 Billion 4/13
Quarterly Earnings Growth 223% 1/13
Annual Earnings Growth -6% 6/13
Quarterly Revenue Growth 1% 6/13
Annual Revenue Growth 1% 8/13
Cash On Hand $4.0 Billion 1/13
Short Term Debt $0 13/13
Long Term Debt $11.5 Billion 1/13

Carrier Global Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Carrier Global Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 39.20 1/13
PS 2.47 7/13
PB 3.86 7/13
PC 13.99 11/13
Liabilities to Equity 1.60 4/13
ROA 0.04 10/13
ROE 0.10 10/13
Current Ratio 1.63 9/13
Quick Ratio 0.17 4/13
Long Term Debt to Equity 0.80 5/13
Debt to Equity 0.80 5/13
Burn Rate -4.14 8/13
Cash to Cap 0.07 3/13
CCR -0.06 7/13
EV to EBITDA 55.80 8/13
EV to Revenue 2.80 7/13

Company Details

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.

CEO: Mr. David L. Gitlin

Website: https://www.corporate.carrier.com

Address: 13995 Pasteur Boulevard Palm Beach Gardens, FLORIDA

Exchange: New York Stock Exchange

Industry: Building Products & Equipment

Carrier Global Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Carrier Global Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Johnson Controls International plc JCI $52.6 Billion
Masco Corporation MAS $14.9 Billion
Louisiana-Pacific Corporation LPX $6.4 Billion
Owens Corning OC $12.3 Billion
JELD-WEN Holding, Inc. JELD $521.0 Million
Carlisle Companies Incorporated CSL $15.0 Billion
Lennox International Inc. LII $20.5 Billion
Trex Company, Inc. TREX $6.1 Billion
AAON, Inc. AAON $6.7 Billion
Quanex Building Products Corporation NX $931.9 Million
Trane Technologies plc TT $78.0 Billion
The AZEK Company Inc. AZEK $5.9 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CARR Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 5.1 Billion $1.4 Billion
Q3 2024 $ 4.5 Billion -$2.6 Billion
Q2 2024 $ 6.7 Billion $2.3 Billion
Q1 2024 $ 6.2 Billion $269.0 Million
Q4 2023 $ 5.1 Billion $439.0 Million
Q3 2023 $ 5.7 Billion $357.0 Million
Q2 2023 $ 6.0 Billion $199.0 Million
Q1 2023 $ 5.3 Billion $373.0 Million

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CARR Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $4.0 Billion $37.4 Billion $11.5 Billion $14.7 Billion
Q3 2024 $2.2 Billion $40.2 Billion $10.8 Billion $15.4 Billion
Q2 2024 $2.9 Billion $40.4 Billion $13.8 Billion $14.1 Billion
Q1 2024 $1.3 Billion $40.8 Billion $17.4 Billion $11.9 Billion
Q4 2023 $10.0 Billion $32.8 Billion $14.6 Billion $9.3 Billion
Q3 2023 $3.9 Billion $26.5 Billion $9.3 Billion $8.2 Billion
Q2 2023 $3.2 Billion $26.3 Billion $9.3 Billion $8.0 Billion
Q1 2023 $3.3 Billion $26.4 Billion $9.4 Billion $8.1 Billion

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CARR Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2024 -$85.0 Million -$217.0 Million $1.7 Billion
Q3 2024 $633.0 Million $215.0 Million -$683.0 Million
Q2 2024 $549.0 Million -$111.0 Million $1.6 Billion
Q1 2024 -$64.0 Million -$104.0 Million -$8.7 Billion
Q4 2023 $35.0 Million $0 $35.0 Million
Q3 2023 $949.0 Million -$92.0 Million $693.0 Million
Q2 2023 $310.0 Million -$74.0 Million -$138.0 Million
Q1 2023 $50.0 Million -$70.0 Million -$180.0 Million

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