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Industrials - Construction - NYSE - US
$ 56.83
-0.612 %
$ 49.1 B
Market Cap
46.58
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CARR stock under the worst case scenario is HIDDEN Compared to the current market price of 56.8 USD, Carrier Global Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CARR stock under the base case scenario is HIDDEN Compared to the current market price of 56.8 USD, Carrier Global Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CARR stock under the best case scenario is HIDDEN Compared to the current market price of 56.8 USD, Carrier Global Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CARR

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$85.0$85.0$80.0$80.0$75.0$75.0$70.0$70.0$65.0$65.0$60.0$60.0$55.0$55.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
22.5 B REVENUE
1.76%
2.65 B OPERATING INCOME
15.24%
5.71 B NET INCOME
296.39%
1.57 B OPERATING CASH FLOW
-39.74%
-11 B INVESTING CASH FLOW
-1570.45%
-4.64 B FINANCING CASH FLOW
-100.52%
5.15 B REVENUE
-13.97%
774 M OPERATING INCOME
1.44%
-30 M NET INCOME
-5.63%
132 M OPERATING CASH FLOW
149.07%
3.09 B INVESTING CASH FLOW
166.52%
-1.69 B FINANCING CASH FLOW
-9.20%
Balance Sheet Carrier Global Corporation
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Current Assets 9.89 B
Cash & Short-Term Investments 3.97 B
Receivables 2.65 B
Other Current Assets 3.27 B
Non-Current Assets 27.5 B
Long-Term Investments 1.19 B
PP&E 3.55 B
Other Non-Current Assets 22.8 B
10.61 %7.09 %8.75 %3.19 %9.50 %60.86 %Total Assets$37.4b
Current Liabilities 7.89 B
Accounts Payable 2.46 B
Short-Term Debt 0
Other Current Liabilities 5.43 B
Non-Current Liabilities 15.1 B
Long-Term Debt 11.5 B
Other Non-Current Liabilities 3.66 B
10.68 %23.62 %49.80 %15.90 %Total Liabilities$23.0b
EFFICIENCY
Earnings Waterfall Carrier Global Corporation
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Revenue 22.5 B
Cost Of Revenue 16.5 B
Gross Profit 5.98 B
Operating Expenses 3.34 B
Operating Income 2.65 B
Other Expenses -3.06 B
Net Income 5.71 B
25b25b20b20b15b15b10b10b5b5b0022b(17b)6b(3b)3b3b6bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
26.60% GROSS MARGIN
26.60%
11.77% OPERATING MARGIN
11.77%
14.84% NET MARGIN
14.84%
23.17% ROE
23.17%
8.92% ROA
8.92%
4.78% ROIC
4.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Carrier Global Corporation
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3b3b2b2b2b2b1b1b500m500m002018201820192019202020202021202120222022202320232024202420252025
Net Income 5.71 B
Depreciation & Amortization 1.23 B
Capital Expenditures -519 M
Stock-Based Compensation 86 M
Change in Working Capital 0
Others -5.1 B
Free Cash Flow 1.05 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Carrier Global Corporation
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Wall Street analysts predict an average 1-year price target for CARR of $78.4 , with forecasts ranging from a low of $65 to a high of $95 .
CARR Lowest Price Target Wall Street Target
65 USD 14.38%
CARR Average Price Target Wall Street Target
78.4 USD 38.02%
CARR Highest Price Target Wall Street Target
95 USD 67.17%
Price
Max Price Target
Min Price Target
Average Price Target
9595909085858080757570706565606055555050May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.26% DIVIDEND YIELD
0.225 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.4000.4000.3500.3500.3000.3000.2500.2500.2000.2000.1500.1500.1000.1000.0500.0500.0000.0000.080.120.120.150.150.1850.1850.190.190.080.160.120.240.120.240.150.300.150.300.1850.370.1850.370.190.380.190.380.2250.232020202020212021202220222023202320242024
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Carrier Global Corporation
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Sold
0-3 MONTHS
1.23 M USD 1
3-6 MONTHS
13.2 M USD 2
6-9 MONTHS
4.03 M USD 1
9-12 MONTHS
20.4 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Carrier Stock Has Sidestepped the Industrial Selloff. Gains Are Just Getting Started. The company's German heat-pump business, Viessmann, looks ready to perform better than current forecasts, while onshoring and data center buildouts can spur more growth—and stock gains. marketwatch.com - 3 weeks ago
Carrier Global Corporation (CARR) Bank of America Global Industrials Conference (Transcript) Carrier Global Corporation (NYSE:CARR ) Bank of America Global Industrials Conference March 20, 2025 4:50 AM ET Company Participants Dave Gitlin - Chief Executive Officer Patrick Goris - Chief Financial Officer Conference Call Participants Andrew Obin - Bank of America Andrew Obin My name is Andrew Obin. I'm Bank of America's multi-industrial analyst based in New York. seekingalpha.com - 1 month ago
Carrier Launches Lynx FacTOR: Automating Pharmaceutical Product Release Evaluations for Improved Speed and Accuracy SaaS solution minimizes manual processes, accelerates batch release cycles and meets regulatory compliance* PALM BEACH GARDENS, Fla. , March 18, 2025  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announces the launch of Carrier Lynx FacTOR™, a revolutionary software-as-a-service (SaaS) solution designed to transform product release processes in the pharmaceutical industry. prnewswire.com - 1 month ago
Carrier Unveils Its First Environmental Product Declaration for Residential HVAC Systems in North America INDIANAPOLIS , March 12, 2025 /PRNewswire/ --  Carrier is pleased to announce the launch of its first Environmental Product Declaration (EPD) for residential HVAC solutions in North America. This milestone reinforces the company's ongoing commitment to sustainability and transparency in the environmental performance of its products. prnewswire.com - 1 month ago
3 Air Conditioner & Heating Stocks in Focus Overcoming Industry Hurdles The Zacks Building Products - Air Conditioner & Heating industry stocks like CARR, FIX and AZEK are likely to benefit from pro-environmental moves and technological development amid challenges. zacks.com - 1 month ago
Carrier to Present at the Bank of America Global Industrials Conference PALM BEACH GARDENS, Fla. , March 7, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Bank of America Global Industrials Conference in London on Thursday, March 20, 2025 at 4:50 a.m. prnewswire.com - 1 month ago
Carrier and Google Cloud Join Forces to Strengthen Grid Resilience with AI-Powered Home Energy Management Systems Carrier's Home Energy Management System integrates with Google Cloud's AI tools, and WeatherNext AI models to create an intelligent energy ecosystem within the grid PALM BEACH GARDENS, Fla. and SUNNYVALE, Calif. prnewswire.com - 1 month ago
Carrier to Host 2025 Investor Day PALM BEACH GARDENS, Fla. , Feb. 21, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) will host its 2025 Investor Day on May 19, 2025, in New York City. prnewswire.com - 1 month ago
Carrier Global Corporation (CARR) Presents at Citi's 2025 Global Industrial Tech and Mobility Conference (Transcript) Carrier Global Corporation (NYSE:CARR ) Citi's 2025 Global Industrial Tech and Mobility Conference February 20, 2025 1:50 PM ET Company Participants Dave Gitlin - Chief Executive Officer Mike Rednor - Vice President-Investor Relations Conference Call Participants Andrew Kaplowitz - Citigroup Andrew Kaplowitz And again, we are very excited to have a Carrier Corporation with us today. We've got Dave Gitlin, who is the CEO of Carrier. seekingalpha.com - 1 month ago
Carrier Global Corporation (CARR) Barclays 42nd Annual Industrial Select Conference (Transcript) Carrier Global Corporation (NYSE:CARR ) Barclays 42nd Annual Industrial Select Conference February 20, 2025 9:15 AM ET Company Participants David Gitlin - Chairman & CEO Michael Rednor - Vice President, Investor Relations Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Great. Well, thanks, everyone, for being here. seekingalpha.com - 1 month ago
Carrier Announces Investment in Thermal Solutions Provider ZutaCore, Advancing the Development of Next-Gen Data Center Cooling Solutions PALM BEACH GARDENS, Fla. , Feb. 18, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with ZutaCore®, a disruptive innovator of two-phase direct-to-chip liquid cooling technology for data centers. prnewswire.com - 2 months ago
Carrier to Present at Citi's 2025 Global Industrial Tech and Mobility Conference PALM BEACH GARDENS, Fla. , Feb. 13, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at Citi's 2025 Global Industrial Tech and Mobility Conference on Thursday, February 20, 2025 at 1:50 p.m. prnewswire.com - 2 months ago
8. Profile Summary

Carrier Global Corporation CARR

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COUNTRY US
INDUSTRY Construction
MARKET CAP $ 49.1 B
Dividend Yield 0.26%
Description 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.
Contact 13995 Pasteur Boulevard, Palm Beach Gardens, FL, 33418 https://www.corporate.carrier.com
IPO Date March 19, 2020
Employees 48000
Officers Mr. Ajay Agrawal Senior Vice President of Global Services & Business Development and Chief Strategy Officer Mr. Patrick P. Goris Senior Vice President & Chief Financial Officer Mr. Gaurang Pandya ACCA, B.Com (H) President of HVAC Americas & Commercial HVAC EMEA Ms. Francesca Campbell Senior Vice President & Chief Legal Officer Ms. Nadia Villeneuve Senior Vice President & Chief Human Resources Officer Mr. Kyle Crockett Vice President, Controller & Chief Accounting Officer Mr. Adrian Button Senior Vice President of Operations Mr. David L. Gitlin Chairman & Chief Executive Officer Mr. Hakan Yilmaz Senior Vice President & Chief Technology and Sustainability Officer Ms. Milena Oliveira Senior Vice President and Chief Marketing & Communications Officer