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NYSE: CARR
Carrier Global Corp Stock

$53.62+0.09 (+0.17%)
Updated Apr 22, 2024
CARR Price
$53.62
Fair Value Price
N/A
Market Cap
$48.17B
52 Week Low
$40.28
52 Week High
$60.87
P/E
33.3x
P/B
5.55x
P/S
2.18x
PEG
0.68x
Dividend Yield
N/A
Revenue
$22.10B
Earnings
$1.35B
Gross Margin
28.9%
Operating Margin
9.97%
Profit Margin
6.1%
Debt to Equity
2.75
Operating Cash Flow
$3B
Beta
0.99
Next Earnings
Apr 25, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CARR Overview

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 and cooling 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 products and services, including refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal, and rail; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential and building systems, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; and video management systems. 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, Chubb, Det-Tronics, Edwards, Fireye, GST, Interlogix, Kidde, LenelS2, Marioff, Onity, and Supra; and Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello brands. It sells its products directly to building contractors and owners, transportation companies and retail stores, and end customers, as well as indirectly through equity method investees, independent sales representatives, distributors, wholesalers, dealers, retail outlets, manufacturers' representatives, and value-added resellers. Carrier Global Corporation is headquartered in Palm Beach Gardens, Florida.

Zen Score

–
Industry Average (37)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CARR scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CARR ($53.62) is trading above its intrinsic value of $36.55, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CARR is good value based on its earnings relative to its share price (33.3x), compared to the US market average (41x)
P/E vs Market Valuation
CARR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more CARR due diligence checks available for Premium users.

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CARR News

Valuation

CARR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
33.3x
Industry
26.55x
Market
41x
CARR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CARR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CARR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.55x
Industry
5.21x
CARR is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CARR price to earnings growth (PEG)

For valuing profitable companies with growth potential
CARR is good value based... subscribe to Premium to read more.
PEG Value Valuation

CARR's financial health

Profit margin

Revenue
$5.1B
Net Income
$420.0M
Profit Margin
8.2%
CARR's Earnings (EBIT) of $2.20B... subscribe to Premium to read more.
Interest Coverage Financials
CARR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$32.8B
Liabilities
$23.8B
Debt to equity
2.75
CARR's short-term assets ($18.78B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CARR's short-term assets ($18.78B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CARR's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CARR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.1B
Investing
-$229.0M
Financing
$5.3B
CARR's operating cash flow ($2.61B)... subscribe to Premium to read more.
Debt Coverage Financials

CARR vs Building Product & Equipment Stocks

TickerMarket Cap1d %P/EP/B
CARR$48.17B+0.17%33.30x5.55x
JCI$44.05B+1.54%20.99x2.64x
TT$66.11B+1.00%32.90x9.45x
BLDR$21.73B+0.67%14.78x4.59x
CSL$17.68B+0.78%24.12x6.25x

Carrier Global Stock FAQ

What is Carrier Global's quote symbol?

(NYSE: CARR) Carrier Global trades on the NYSE under the ticker symbol CARR. Carrier Global stock quotes can also be displayed as NYSE: CARR.

If you're new to stock investing, here's how to buy Carrier Global stock.

What is the 52 week high and low for Carrier Global (NYSE: CARR)?

(NYSE: CARR) Carrier Global's 52-week high was $60.87, and its 52-week low was $40.28. It is currently -11.91% from its 52-week high and 33.12% from its 52-week low.

How much is Carrier Global stock worth today?

(NYSE: CARR) Carrier Global currently has 898,364,047 outstanding shares. With Carrier Global stock trading at $53.62 per share, the total value of Carrier Global stock (market capitalization) is $48.17B.

Carrier Global stock was originally listed at a price of $12.00 in Mar 19, 2020. If you had invested in Carrier Global stock at $12.00, your return over the last 4 years would have been 346.83%, for an annualized return of 45.39% (not including any dividends or dividend reinvestments).

How much is Carrier Global's stock price per share?

(NYSE: CARR) Carrier Global stock price per share is $53.62 today (as of Apr 22, 2024).

What is Carrier Global's Market Cap?

(NYSE: CARR) Carrier Global's market cap is $48.17B, as of Apr 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Carrier Global's market cap is calculated by multiplying CARR's current stock price of $53.62 by CARR's total outstanding shares of 898,364,047.
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