CARR - Carrier Global Corporation
NYSE
->
Industrials
->
Building Products & Equipment
Palm Beach Gardens,
United States
Type: Equity
CARR price evolution
CARR
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10015 | $3902 | $3209 | $3347 |
| Short term investments | ||||
| Net receivables | $2481 | $3030 | $3212 | $3032 |
| Inventory | $2217 | $2562 | $2699 | $2803 |
| Total current assets | $18780 | $10511 | $10141 | $10158 |
| Long term investments | $1140 | $1166 | $1139 | $1103 |
| Property, plant & equipment | $2784 | $2787 | $2862 | $2902 |
| Goodwill & intangible assets | $9017 | $10925 | $11108 | $11274 |
| Total noncurrent assets | $14042 | $16033 | $16143 | $16253 |
| Total investments | $1140 | $1166 | $1139 | $1103 |
| Total assets | $32822 | $26544 | $26284 | $26411 |
| Current liabilities | ||||
| Accounts payable | $2742 | $2887 | $2956 | $2926 |
| Deferred revenue | ||||
| Short long term debt | $51 | $134 | $134 | $142 |
| Total current liabilities | $6891 | $6349 | $6234 | $5958 |
| Long term debt | $14633 | $9116 | $9140 | $9214 |
| Total noncurrent liabilities | $16926 | $11693 | $11762 | $11985 |
| Total debt | $14684 | $9250 | $9274 | $9356 |
| Total liabilities | $23817 | $18042 | $17996 | $17943 |
| Shareholders' equity | ||||
| Retained earnings | $6591 | $6486 | $6129 | $6239 |
| Other shareholder equity | -$1486 | -$1856 | -$1691 | -$1636 |
| Total shareholder equity | $8677 | $8184 | $7969 | $8134 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10015 | $3520 | $2987 | $3115 |
| Short term investments | ||||
| Net receivables | $2481 | $3370 | $2403 | $2781 |
| Inventory | $2217 | $2640 | $1970 | $1629 |
| Total current assets | $18780 | $9879 | $11407 | $8524 |
| Long term investments | $1140 | $1148 | $1593 | $1513 |
| Property, plant & equipment | $2784 | $2883 | $2466 | $2598 |
| Goodwill & intangible assets | $9017 | $11319 | $9858 | $11176 |
| Total noncurrent assets | $14042 | $16207 | $14765 | $16569 |
| Total investments | $1140 | $1148 | $1593 | $1513 |
| Total assets | $32822 | $26086 | $26172 | $25093 |
| Current liabilities | ||||
| Accounts payable | $2742 | $2833 | $2334 | $1936 |
| Deferred revenue | ||||
| Short long term debt | $51 | $140 | $183 | $191 |
| Total current liabilities | $6891 | $6032 | $6627 | $5110 |
| Long term debt | $14633 | $8702 | $10040 | $10678 |
| Total noncurrent liabilities | $16926 | $11978 | $12451 | $13405 |
| Total debt | $14684 | $9371 | $10223 | $10869 |
| Total liabilities | $23817 | $18328 | $19078 | $18515 |
| Shareholders' equity | ||||
| Retained earnings | $6591 | $5866 | $2865 | $1643 |
| Other shareholder equity | -$1486 | -$1688 | -$989 | -$745 |
| Total shareholder equity | $8677 | $7758 | $6767 | $6252 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5102 | $5731 | $5992 | $5273 |
| Cost of revenue | $3668 | $3915 | $4237 | $3895 |
| Gross Profit | $1434 | $1816 | $1755 | $1378 |
| Operating activities | ||||
| Research & development | $170 | $157 | $151 | $139 |
| Selling, general & administrative | $961 | $831 | $784 | $721 |
| Total operating expenses | $1131 | $988 | $935 | $860 |
| Operating income | $303 | $828 | $820 | $518 |
| Income from continuing operations | ||||
| EBIT | $587 | $621 | $455 | $541 |
| Income tax expense | $120 | $213 | $189 | $122 |
| Interest expense | $47 | $51 | $67 | $46 |
| Net income | ||||
| Net income | $420 | $357 | $199 | $373 |
| Income (for common shares) | $420 | $357 | $199 | $373 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $22098 | $20421 | $20613 | $17456 |
| Cost of revenue | $15715 | $14957 | $14633 | $12347 |
| Gross Profit | $6383 | $5464 | $5980 | $5109 |
| Operating activities | ||||
| Research & development | $617 | $539 | $503 | $419 |
| Selling, general & administrative | $3297 | $2512 | $3120 | $2820 |
| Total operating expenses | $3914 | $3051 | $3623 | $3239 |
| Operating income | $2469 | $2413 | $2357 | $1870 |
| Income from continuing operations | ||||
| EBIT | $2204 | $4461 | $2669 | $3119 |
| Income tax expense | $644 | $708 | $699 | $849 |
| Interest expense | $211 | $219 | $306 | $288 |
| Net income | ||||
| Net income | $1349 | $3534 | $1664 | $1982 |
| Income (for common shares) | $1349 | $3534 | $1664 | $1982 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $420 | $357 | $199 | $373 |
| Operating activities | ||||
| Depreciation | $135 | $134 | $137 | $136 |
| Business acquisitions & disposals | -$15 | $5 | -$137 | -$17 |
| Stock-based compensation | $18 | $23 | $18 | $22 |
| Total cash flows from operations | $1062 | $1041 | $384 | $120 |
| Investing activities | ||||
| Capital expenditures | -$233 | -$92 | -$74 | -$70 |
| Investments | $16 | -$52 | $4 | -$18 |
| Total cash flows from investing | -$229 | -$135 | -$196 | -$100 |
| Financing activities | ||||
| Dividends paid | -$155 | -$156 | -$155 | -$154 |
| Sale and purchase of stock | -$62 | |||
| Net borrowings | $5519 | -$11 | -$38 | $13 |
| Total cash flows from financing | $5300 | -$182 | -$293 | -$213 |
| Effect of exchange rate | $133 | -$32 | -$33 | $20 |
| Change in cash and equivalents | $6109 | $692 | -$138 | -$173 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1349 | $3534 | $1664 | $1982 |
| Operating activities | ||||
| Depreciation | $542 | $380 | $338 | $336 |
| Business acquisitions & disposals | -$164 | $2292 | -$366 | $1377 |
| Stock-based compensation | $81 | $77 | $92 | $77 |
| Total cash flows from operations | $2607 | $1743 | $2237 | $1692 |
| Investing activities | ||||
| Capital expenditures | -$469 | -$353 | -$344 | -$312 |
| Investments | -$50 | -$194 | $11 | $40 |
| Total cash flows from investing | -$660 | $1745 | -$692 | $1106 |
| Financing activities | ||||
| Dividends paid | -$620 | -$509 | -$417 | -$138 |
| Sale and purchase of stock | -$62 | -$1380 | -$527 | |
| Net borrowings | $5483 | -$983 | -$551 | $9850 |
| Total cash flows from financing | $4612 | -$2931 | -$1562 | -$681 |
| Effect of exchange rate | $88 | -$56 | -$16 | $45 |
| Change in cash and equivalents | $6490 | $501 | -$93 | $2162 |
News
Fundamentals
| Market cap | $45.98B |
|---|---|
| Enterprise value | $50.65B |
| Shares outstanding | 839.58M |
| Revenue | $22.10B |
|---|---|
| EBITDA | $2.75B |
| EBIT | $2.20B |
| Net Income | $1.35B |
| Revenue Q/Q | -0.06% |
| Revenue Y/Y | 8.21% |
| P/E ratio | 34.09 |
|---|---|
| EV/Sales | 2.29 |
| EV/EBITDA | 18.45 |
| EV/EBIT | 22.98 |
| P/S ratio | 2.08 |
| P/B ratio | 4.52 |
| Book/Share | 12.10 |
| Cash/Share | 11.93 |
| EPS | $1.61 |
|---|---|
| ROA | 4.82% |
| ROE | 16.37% |
| Debt/Equity | 2.74 |
|---|---|
| Net debt/EBITDA | 5.03 |
| Current ratio | 2.73 |
| Quick ratio | 2.40 |