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Industrials - Construction - NYSE - US
$ 64.445
-0.548 %
$ 55.7 B
Market Cap
52.82
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one CARR stock under the worst case scenario is HIDDEN Compared to the current market price of 64.4 USD, Carrier Global Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one CARR stock under the base case scenario is HIDDEN Compared to the current market price of 64.4 USD, Carrier Global Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one CARR stock under the best case scenario is HIDDEN Compared to the current market price of 64.4 USD, Carrier Global Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS
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
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
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
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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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 $78.1 , with forecasts ranging from a low of $65 to a high of $95 .
CARR Lowest Price Target Wall Street Target
65 USD 0.86%
CARR Average Price Target Wall Street Target
78.1 USD 21.24%
CARR Highest Price Target Wall Street Target
95 USD 47.41%
4. DIVIDEND ANALYSIS
0.26% DIVIDEND YIELD
0.225 USD DIVIDEND PER SHARE
5. COMPETITION
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
Date Value Insider Amount Avg Price
2 weeks ago
Feb 14, 2025
Sell 1.23 M USD
Crockett Kyle
VP, Controller & CAO
- 18945
65.1826 USD
3 months ago
Nov 07, 2024
Sell 889 K USD
Crockett Kyle
VP, Controller & CAO
- 11647
76.3357 USD
3 months ago
Nov 06, 2024
Sell 12.3 M USD
O'Connor Kevin J.
Senior VP & CLO
- 167183
73.4626 USD
6 months ago
Aug 08, 2024
Sell 4.03 M USD
Agrawal Ajay
Senior VP, Strategy & Services
- 62382
64.55 USD
9 months ago
May 21, 2024
Sell 306 K USD
Crockett Kyle
VP, Controller & CAO
- 4611
66.392 USD
9 months ago
May 16, 2024
Sell 1.31 M USD
O'Connor Kevin J.
Senior VP & CLO
- 20000
65.7312 USD
9 months ago
May 10, 2024
Sell 6.44 M USD
Villeneuve Nadia
Senior VP & CHRO
- 98428
65.4048 USD
10 months ago
Apr 29, 2024
Sell 2.4 M USD
Timperman Jurgen
President, Fire & Security
- 38794
61.7544 USD
10 months ago
Apr 29, 2024
Sell 7.51 M USD
Timperman Jurgen
President, Fire & Security
- 121121
62.0162 USD
10 months ago
Apr 29, 2024
Sell 2.4 M USD
Timperman Jurgen
President, Fire & Security
- 38858
61.6369 USD
1 year ago
Feb 08, 2024
Sell 19.2 M USD
Gitlin David L.
Chairman and CEO
- 354539
54.1635 USD
1 year ago
Feb 08, 2024
Sell 1.43 M USD
O'Connor Kevin J.
Senior VP & CLO
- 26551
53.7711 USD
1 year ago
Feb 08, 2024
Sell 291 K USD
Crockett Kyle
Vice President, Controller
- 5395
53.971 USD
1 year ago
Feb 08, 2024
Sell 366 K USD
Crockett Kyle
Vice President, Controller
- 6775
53.951 USD
1 year ago
Dec 15, 2023
Sell 957 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 16500
57.9857 USD
1 year ago
Jul 31, 2023
Sell 1.95 M USD
Timperman Jurgen
President, Fire & Security
- 33000
59.2 USD
1 year ago
Jul 31, 2023
Sell 4.55 M USD
Timperman Jurgen
President, Fire & Security
- 76639
59.377 USD
1 year ago
Jul 31, 2023
Sell 5.19 M USD
Timperman Jurgen
President, Fire & Security
- 87811
59.1403 USD
1 year ago
Jul 31, 2023
Sell 404 K USD
Crockett Kyle
Vice President, Controller
- 6817
59.2152 USD
1 year ago
Jun 08, 2023
Sell 3.35 M USD
Timperman Jurgen
President, Fire & Security
- 74419
45.0066 USD
1 year ago
Jun 08, 2023
Sell 6.25 M USD
Timperman Jurgen
President, Fire & Security
- 138956
45.0066 USD
1 year ago
May 26, 2023
Sell 866 K USD
O'Connor Kevin J.
Senior VP & CLO
- 21049
41.1273 USD
2 years ago
Mar 02, 2023
Sell 3.28 K USD
Villeneuve Nadia
Senior VP & CHRO
- 72
45.571 USD
2 years ago
Mar 02, 2023
Sell 173 K USD
Villeneuve Nadia
Senior VP & CHRO
- 3794
45.4806 USD
2 years ago
Mar 02, 2023
Sell 758 K USD
Villeneuve Nadia
Senior VP & CHRO
- 16672
45.4421 USD
2 years ago
Feb 13, 2023
Sell 9.67 M USD
Nelson Christopher John
President, HVAC
- 213353
45.3026 USD
2 years ago
Feb 09, 2023
Sell 478 K USD
Crockett Kyle
Vice President, Controller
- 10433
45.8524 USD
2 years ago
Nov 29, 2022
Sell 68.3 K USD
Timperman Jurgen
President, Fire & Security
- 1567
43.5618 USD
2 years ago
Nov 29, 2022
Sell 762 K USD
Timperman Jurgen
President, Fire & Security
- 17491
43.5618 USD
2 years ago
Nov 29, 2022
Sell 1.17 M USD
Timperman Jurgen
President, Fire & Security
- 26804
43.5015 USD
2 years ago
Nov 29, 2022
Sell 1.72 M USD
Timperman Jurgen
President, Fire & Security
- 39475
43.5445 USD
2 years ago
Nov 29, 2022
Sell 1.17 M USD
Timperman Jurgen
President, Fire & Security
- 26831
43.5835 USD
2 years ago
Nov 29, 2022
Sell 1.3 M USD
Timperman Jurgen
President, Fire & Security
- 29859
43.6357 USD
3 years ago
Feb 04, 2022
Sell 168 K USD
Crockett Kyle
Vice President, Controller
- 3682
45.7252 USD
3 years ago
Nov 12, 2021
Sell 102 K USD
Timperman Jurgen
President, Fire & Security
- 1822
56.0544 USD
3 years ago
Nov 12, 2021
Sell 560 K USD
Timperman Jurgen
President, Fire & Security
- 9994
56.0544 USD
3 years ago
Nov 12, 2021
Sell 1.19 M USD
Timperman Jurgen
President, Fire & Security
- 21220
56.0544 USD
3 years ago
Aug 19, 2021
Sell 153 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 2769
55.1334 USD
3 years ago
Aug 19, 2021
Sell 161 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 2916
55.1334 USD
3 years ago
Aug 19, 2021
Sell 174 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 3159
55.1334 USD
3 years ago
Aug 19, 2021
Sell 248 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 4504
55.1334 USD
3 years ago
Aug 19, 2021
Sell 310 K USD
Agrawal Ajay
Senior VP, Strategy & Services
- 5621
55.1334 USD
3 years ago
Aug 17, 2021
Sell 5.32 M USD
Nelson Christopher John
President, HVAC
- 96583
55.0779 USD
3 years ago
Aug 04, 2021
Sell 465 K USD
Appel David
President, Refrigeration
- 8105
57.3779 USD
3 years ago
Aug 04, 2021
Sell 1.5 M USD
Appel David
President, Refrigeration
- 26154
57.3779 USD
3 years ago
Mar 12, 2021
Sell 1.08 M USD
Timperman Jurgen
President, Fire & Security
- 27486
39.2333 USD
4 years ago
Feb 23, 2021
Sell 408 USD
Timperman Jurgen
President, Fire & Security
- 11
37.1 USD
4 years ago
Feb 11, 2021
Sell 132 K USD
Crockett Kyle
Vice President, Controller
- 3578
36.872 USD
4 years ago
May 27, 2020
Sell 149 USD
O'Connor Kevin J.
Senior Vice President & CLO
- 7.4647
19.99 USD
4 years ago
May 18, 2020
Bought 1 M USD
Gitlin David L.
President & CEO
+ 57580
17.4499 USD
4 years ago
May 18, 2020
Bought 610 K USD
GREISCH JOHN J
Director
+ 35000
17.4376 USD
7. News
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 week 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 week 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 - 1 week 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 weeks ago
Carrier to Present at the Barclays Industrial Select Conference PALM BEACH GARDENS, Fla. , Feb. 13, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin will speak at the Barclays Industrial Select Conference on Thursday, February 20, 2025 at 9:15 a.m. prnewswire.com - 2 weeks ago
Carrier Global: Still Cheap With A Temperate Outlook Carrier Global completed its strategic transformation and is now a focused HVAC and transport refrigeration company with 5% sales growth and expanding margins. Carrier has a lower valuation than peers despite higher growth estimates, making it a Buy. Key growth drivers include product development, aftermarket services, and systems integration, with significant contributions from North American Residential HVAC and data center cooling. seekingalpha.com - 2 weeks ago
Carrier Global Beats on Q4 Earnings & Revenue Estimates, Shares Up CARR's fourth-quarter 2024 results reflect strength in the HVAC Segment. zacks.com - 2 weeks ago
Carrier Global Corporation (CARR) Q4 2024 Earnings Call Transcript Carrier Global Corporation (NYSE:CARR ) Q4 2024 Earnings Conference Call February 11, 2025 7:30 AM ET Company Participants Michael Rednor - VP, IR David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Andrew Kaplowitz - Citigroup Julian Mitchell - Barclays Stephen Tusa - JPMorgan Joe Ritchie - Goldman Sachs Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Joseph O'Dea - Wells Fargo Andrew Obin - Bank of America Chris Snyder - Morgan Stanley Tommy Moll - Stephens Noah Kaye - Oppenheimer Operator Good morning, and welcome to Carrier's Fourth Quarter 2024 Earnings Conference Call. I would like to introduce your host for today's conference, Michael Rednor, Vice President of Investor Relations. seekingalpha.com - 2 weeks ago
Carrier Global (CARR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for Carrier Global (CARR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
Carrier Reports Strong 2024 Results and Announces 2025 Outlook Fourth Quarter 2024 Highlights Sales of $5.1 billion, up 19% compared to 2023 including 6% organic growth GAAP EPS from continuing operations of ($0.05); adjusted EPS from continuing operations of $0.54 up 50% Operating margin expansion of 250 basis points and adjusted operating margin expansion of 370 basis points Full Year 2024 Highlights Sales of $22.5 billion, up 19% compared to 2023 including 3% organic growth GAAP EPS from continuing operations of $1.22; adjusted EPS from continuing operations of $2.56 up 16% Operating margin expansion of 40 basis points and adjusted operating margin expansion of 180 basis points Returned ~$2.6 billion to shareholders, including ~$0.7 billion in dividends and ~$1.9 billion shares repurchased PALM BEACH GARDENS, Fla. , Feb. 11, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the fourth quarter and full year of 2024. prnewswire.com - 2 weeks ago
CARR Set to Report Q4 Earnings: What's in Store for the Stock? Carrier Global's fourth-quarter 2024 performance is expected to have benefited from strong HVAC growth and solid aftermarket services, despite challenges in Europe and China. zacks.com - 3 weeks ago
Carrier Introduces QuantumLeap, a Comprehensive Suite of Innovative, Energy-Efficient Solutions for Data Center Thermal Management PALM BEACH GARDENS, Fla. , Feb. 6, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today unveiled Carrier QuantumLeap™, a comprehensive suite of purpose-built solutions designed to support the rapidly expanding data center industry. prnewswire.com - 3 weeks ago
8. Profile Summary

Carrier Global Corporation CARR

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COUNTRY US
INDUSTRY Construction
MARKET CAP $ 55.7 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. David L. Gitlin Chairman & Chief Executive Officer Mr. Kyle Crockett Vice President, Controller & Chief Accounting Officer Ms. Francesca Campbell Senior Vice President & Chief Legal Officer Mr. Bobby George Senior Vice President & Chief Digital Officer Ms. Nadia Villeneuve Senior Vice President & Chief Human Resources Officer Mr. Timothy N. White Senior Vice President of Engineering Mr. Adrian Button Senior Vice President of Operations Mr. Hakan Yilmaz Senior Vice President & Chief Technology and Sustainability Officer Ms. Milena Oliveira Senior Vice President and Chief Marketing & Communications Officer Mr. Patrick P. Goris Senior Vice President & Chief Financial Officer