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Carrier Global Corp

Industrials US CARR

74.41USD
0.08(0.11%)

Last update at 2024-11-20T20:35:00Z

Day Range

74.1174.99
LowHigh

52 Week Range

39.7259.60
LowHigh

Fundamentals

  • Previous Close 74.33
  • Market Cap47909.58M
  • Volume3031761
  • P/E Ratio40.50
  • Dividend Yield1.33%
  • EBITDA3168.00M
  • Revenue TTM22101.00M
  • Revenue Per Share TTM26.43
  • Gross Profit TTM 5473.00M
  • Diluted EPS TTM1.41

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 4292.00M 2400.00M 2855.00M 2672.00M 3842.00M
Minority interest 50.00M -37.00000M 24.00M 333.00M 352.00M
Net income 3534.00M 1664.00M 1982.00M 2116.00M 2734.00M
Selling general administrative 2512.00M 3120.00M 2820.00M 2761.00M 2689.00M
Selling and marketing expenses - - - - -
Gross profit 5464.00M 5980.00M 5109.00M 5419.00M 5569.00M
Reconciled depreciation 380.00M 338.00M 336.00M 335.00M 357.00M
Ebit 2413.00M 2645.00M 2102.00M 2491.00M 3127.00M
Ebitda 2793.00M 2695.00M 2438.00M 3190.00M 3484.00M
Depreciation and amortization 380.00M 50.00M 336.00M 699.00M 357.00M
Non operating income net other - - - - -
Operating income 2413.00M 2645.00M 2102.00M 2491.00M 3637.00M
Other operating expenses 18008.00M 18256.00M 15586.00M 16351.00M 16434.00M
Interest expense 302.00M 319.00M 298.00M 75.00M 84.00M
Tax provision 708.00M 699.00M 849.00M 517.00M 1073.00M
Interest income 83.00M 13.00M 10.00M 102.00M 121.00M
Net interest income -219.00000M -306.00000M -288.00000M 27.00M 37.00M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 708.00M 699.00M 849.00M 517.00M 1073.00M
Total revenue 20421.00M 20613.00M 17456.00M 18608.00M 18914.00M
Total operating expenses 3051.00M 3623.00M 3239.00M 3162.00M 3089.00M
Cost of revenue 14957.00M 14633.00M 12347.00M 13189.00M 13345.00M
Total other income expense net 1879.00M -245.00000M 753.00M 181.00M 1325.00M
Discontinued operations - - - - -
Net income from continuing ops 3584.00M 1701.00M 2006.00M 2155.00M 2769.00M
Net income applicable to common shares 3534.00M 1664.00M 1982.00M 2116.00M 2734.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 26086.00M 26172.00M 25093.00M 22406.00M 21737.00M
Intangible assets 1342.00M 509.00M 1037.00M 1083.00M 1214.00M
Earning assets - - - - -
Other current assets 349.00M 376.00M 343.00M 327.00M 378.00M
Total liab 18010.00M 19078.00M 18515.00M 7971.00M 7468.00M
Total stockholder equity 7758.00M 6767.00M 6252.00M 14102.00M 13917.00M
Deferred long term liab - - 479.00M - -
Other current liab 2610.00M 3695.00M 2310.00M 2299.00M 1725.00M
Common stock 9.00M 9.00M 9.00M 15355.00M 15132.00M
Capital stock 9.00M 9.00M 9.00M 15355.00M 15132.00M
Retained earnings 5866.00M 2865.00M 1643.00M - -
Other liab 2747.00M 2411.00M 2727.00M 2738.00M 2865.00M
Good will 9977.00M 9349.00M 10139.00M 9884.00M 9849.00M
Other assets 857.00M 848.00M 3583.00M 1246.00M 1142.00M
Cash 3520.00M 2987.00M 3115.00M 952.00M 1129.00M
Cash and equivalents - - - - -
Total current liabilities 6032.00M 6627.00M 5110.00M 4469.00M 4466.00M
Current deferred revenue 449.00M 415.00M 512.00M 469.00M 472.00M
Net debt 5851.00M 7236.00M 7915.00M -270.00000M -1129.00000M
Short term debt 140.00M 183.00M 352.00M - 325.00M
Short long term debt 140.00M 183.00M 191.00M - -
Short long term debt total 9371.00M 10223.00M 11030.00M 682.00M -
Other stockholder equity 3571.00M 4882.00M 5345.00M 1175.00M 1028.00M
Property plant equipment 2241.00M 1826.00M 1810.00M 2495.00M 1653.00M
Total current assets 9879.00M 11407.00M 8524.00M 5959.00M 6109.00M
Long term investments 1148.00M 1593.00M 1513.00M 1739.00M 1770.00M
Net tangible assets -3561.00000M -3091.00000M -4924.00000M 3135.00M 2854.00M
Short term investments - - 1513.00M - -
Net receivables 3370.00M 2906.00M 3437.00M 3348.00M 3239.00M
Long term debt 8702.00M 9513.00M 10036.00M - -
Inventory 2640.00M 1970.00M 1629.00M 1332.00M 1363.00M
Accounts payable 2833.00M 2334.00M 1936.00M 1701.00M 1944.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 318.00M 327.00M 326.00M - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1688.00000M -989.00000M -745.00000M -1253.00000M -1215.00000M
Additional paid in capital - - - - -
Common stock total equity 9.00M 9.00M 9.00M 15355.00M 15132.00M
Preferred stock total equity - - - - -
Retained earnings total equity 5866.00M 2865.00M 1643.00M - -
Treasury stock - -529.00000M - - -
Accumulated amortization - - - - -
Non currrent assets other 245.00M 285.00M 833.00M 746.00M 744.00M
Deferred long term asset charges - - - - -
Non current assets total 16207.00M 14765.00M 16569.00M 16447.00M 15628.00M
Capital lease obligations 529.00M 527.00M 803.00M 682.00M 0.00000M
Long term debt total 8702.00M 9513.00M 10036.00M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -194.00000M -692.00000M 1417.00M 1377.00M 1377.00M
Change to liabilities 61.00M 829.00M 237.00M -314.00000M 112.00M
Total cashflows from investing activities 1745.00M -692.00000M 1106.00M -259.00000M 415.00M
Net borrowings -983.00000M -551.00000M 9850.00M -6.00000M 120.00M
Total cash from financing activities -2931.00000M -1562.00000M -681.00000M -1967.00000M -2627.00000M
Change to operating activities 104.00M -11.00000M 3.00M 62.00M -7.00000M
Net income 3584.00M 1701.00M 2006.00M 2155.00M 2769.00M
Change in cash 494.00M -132.00000M 2158.00M -182.00000M -201.00000M
Begin period cash flow 3026.00M 3119.00M 957.00M 1134.00M 1330.00M
End period cash flow 3520.00M 2987.00M 3115.00M 952.00M 1129.00M
Total cash from operating activities 1743.00M 2237.00M 1692.00M 2002.00M 2055.00M
Issuance of capital stock - - - - -
Depreciation 380.00M 338.00M 336.00M 335.00M 357.00M
Other cashflows from investing activities 2292.00M -359.00000M 1.00M -22.00000M -44.00000M
Dividends paid -509.00000M -417.00000M -138.00000M 138.00M 138.00M
Change to inventory -334.00000M -408.00000M -240.00000M -2.00000M -151.00000M
Change to account receivables -145.00000M -97.00000M 49.00M -129.00000M -211.00000M
Sale purchase of stock -1380.00000M -527.00000M - - -
Other cashflows from financing activities 233.00M -67.00000M 1368.00M -1967.00000M -2627.00000M
Change to netincome -1885.00000M -119.00000M -736.00000M -28.00000M -712.00000M
Capital expenditures 353.00M 344.00M 312.00M 243.00M 263.00M
Change receivables -145.00000M -97.00000M 49.00M - -
Cash flows other operating 82.00M -7.00000M 40.00M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 557.00M -17.00000M 2117.00M - -
Change in working capital -336.00000M 317.00M 86.00M -420.00000M -324.00000M
Stock based compensation 77.00M 92.00M 77.00M 52.00M 44.00M
Other non cash items -1838.00000M -137.00000M -910.00000M 2.00M -924.00000M
Free cash flow 1390.00M 1893.00M 1380.00M 1759.00M 1792.00M

Peer Comparison

Sector: Industrials Industry: Building Products & Equipment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CARR
Carrier Global Corp
0.08 0.11% 74.41 40.50 18.90 2.14 5.74 2.37 18.97
TT
Trane Technologies plc
-2.14 0.52% 410.89 28.25 23.87 3.13 8.12 3.36 19.06
DKILY
Daikin Industries Ltd ADR
-0.04 0.34% 11.73 25.89 21.01 0.01 2.60 0.01 0.08
DKILF
Daikin IndustriesLtd
- -% 135.00 24.94 21.60 0.01 2.67 0.01 0.08
JCI
Johnson Controls International PLC
-0.68 0.81% 82.85 21.09 14.99 1.39 2.25 1.69 15.93

Reports Covered

Stock Research & News

Profile

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.

Carrier Global Corp

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

Key Executives

Name Title Year Born
Mr. David L. Gitlin Chairman & CEO 1969
Mr. Patrick P. Goris Sr. VP & CFO 1972
Mr. Christopher John Nelson Pres of HVAC 1970
Mr. Jurgen Timperman Pres of Fire & Security 1973
Mr. Timothy N. White Pres of Refrigeration Segment 1973
Mr. Hakan Yilmaz Sr. VP & CTO NA
Mr. Samuel Joel Pearlstein VP of Investor Relations NA
Mr. Kevin James O'Connor Sr. VP & Chief Legal Officer 1968
Ms. Mary Milmoe VP of Communications & Marketing NA
Ms. Nadia Villeneuve Sr. VP & Chief HR Officer 1973

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