Carrier Global Corp
General ticker "CARR" information:
- Sector: Industrials
- Industry: Building Products
- Capitalization: $66.3B
Carrier Global Corp follows the US Stock Market performance with the rate: 71.7%.
Estimated limits based on current volatility of 2.1%: low 66.99$, high 69.90$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-20, amount 0.19$ (Y1.11%)
- US accounted for 55.2% of revenue in the fiscal year ended 2023-12-31
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [46.01$, 65.96$]
- 2024-12-30 to 2025-12-30 estimated range: [48.96$, 70.39$]
Financial Metrics affecting the CARR estimates:
- Positive: Non-GAAP EPS, $ of 2.73 > 2.29
- Positive: 9.05 < Operating profit margin, % of 10.47
- Positive: -0.96 < Investing cash flow per share, $ of -0.79
- Negative: Operating cash flow per share per price, % of 5.67 <= 7.18
- Negative: -0.39 < Industry inventory ratio change (median), % of -0.36
Short-term CARR quotes
Long-term CARR plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $20,901.00MM | $22,523.00MM | $21,925.00MM |
| Operating Expenses | $18,256.00MM | $18,008.00MM | $19,629.00MM |
| Operating Income | $2,645.00MM | $4,515.00MM | $2,296.00MM |
| Non-Operating Income | $-245.00MM | $-223.00MM | $-212.00MM |
| Interest Expense | $319.00MM | $302.00MM | $362.00MM |
| R&D Expense | $503.00MM | $539.00MM | $617.00MM |
| Income(Loss) | $2,400.00MM | $4,292.00MM | $2,084.00MM |
| Taxes | $699.00MM | $708.00MM | $644.00MM |
| Profit(Loss) | $1,701.00MM | $3,584.00MM | $1,440.00MM |
| Stockholders Equity | $7,094.00MM | $8,076.00MM | $9,005.00MM |
| Inventory | $1,970.00MM | $2,640.00MM | $2,217.00MM |
| Assets | $26,172.00MM | $26,086.00MM | $32,822.00MM |
| Operating Cash Flow | $2,237.00MM | $1,743.00MM | $2,607.00MM |
| Capital expenditure | $344.00MM | $353.00MM | $469.00MM |
| Investing Cash Flow | $-692.00MM | $1,745.00MM | $-660.00MM |
| Financing Cash Flow | $-1,562.00MM | $-2,931.00MM | $4,612.00MM |
| Earnings Per Share* | $1.92 | $4.19 | $1.61 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.