Carrier Global (CARR)
(Delayed Data from NYSE)
$79.92 USD
-0.65 (-0.81%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $79.93 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
D Value D Growth C Momentum D VGM
Company Summary
Carrier Global is a provider of intelligent climate and energy solutions. Its portfolio includes brands like Carrier, Toshiba, Automated Logic, Carrier Transicold, Kidde, Edwards and LenelS2.
Palm Beach Gardens, FL-based Carrier reported net sales of $22.1 billion in 2023. The company operates under three business segments: Heating, Ventilating and Air Conditioning (HVAC); Refrigeration; and Fire and Security.
HVAC (68.5% of net sales), which is the cash cow of the company, provides heating and cooling systems for residential as well as commercial applications, building automation systems, controls, air handling systems, aftermarket services, and repair and energy ...
Company Summary
Carrier Global is a provider of intelligent climate and energy solutions. Its portfolio includes brands like Carrier, Toshiba, Automated Logic, Carrier Transicold, Kidde, Edwards and LenelS2.
Palm Beach Gardens, FL-based Carrier reported net sales of $22.1 billion in 2023. The company operates under three business segments: Heating, Ventilating and Air Conditioning (HVAC); Refrigeration; and Fire and Security.
HVAC (68.5% of net sales), which is the cash cow of the company, provides heating and cooling systems for residential as well as commercial applications, building automation systems, controls, air handling systems, aftermarket services, and repair and energy solutions. Some popular brands of the business are Carrier, Riello, Tempstar, Automated Logic, Carlyle, Bryant, CIAT, Day & Night, Heil, NORESCO and Riello. Customers of the business include building contractors and owners.
Refrigeration (17.3% of net sales) offers commercial refrigeration products, such as refrigerated cabinets, freezers, systems and controls for trucks, shipping containers, trailers, intermodal and rail. The business includes brands like Carrier Commercial Refrigeration, Carrier Transicold and Sensitech.
Fire and Security (16.4% of net sales) caters to the needs of end customers by offering residential, commercial, and industrial technologies and systems, and service solutions such as fire, flame, gas, smoke and carbon-monoxide-detection products, fire-suppression systems, intruder alarms, portable fire extinguishers access control systems, electronic controls, and video management systems.
On Jan 2, 2024, Carrier completed the acquisition of the climate solutions business of Viessmann Group GmbH & Co. KG, as announced on Apr 25, 2023, for $14.2 billion.
Its portfolio optimization plan, which includes the divestiture of Fire & Security and Commercial Refrigeration businesses, remains on track. On Dec 7, 2023, Carrier entered into a stock purchase agreement to sell its Fire & Security Access Solutions business to Honeywell International for an enterprise value of approximately $4.95 billion. On Dec 12, 2023, it entered into a stock purchase agreement to sell our Commercial Refrigeration business to Haier Group for an enterprise value of roughly $775 million. Both transactions are expected to close in 2024.
General Information
Carrier Global Corporation
13995 PASTEUR BOULEVARD
PALM BEACH GARDENS, FL 33418
Phone: 561-365-2000
Fax: NA
Web: http://www.corporate.carrier.com
Email: investorrelations@carrier.com
Industry | Electronics - Miscellaneous Products |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.81 |
Current Year EPS Consensus Estimate | 2.84 |
Estimated Long-Term EPS Growth Rate | 8.80 |
Exp Earnings Date | 10/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 80.57 |
52 Week High | 81.24 |
52 Week Low | 45.68 |
Beta | 1.32 |
20 Day Moving Average | 3,293,901.75 |
Target Price Consensus | 72.81 |
4 Week | 12.17 |
12 Week | 26.70 |
YTD | 39.11 |
4 Week | 10.83 |
12 Week | 21.32 |
YTD | 17.08 |
Shares Outstanding (millions) | 902.75 |
Market Capitalization (millions) | 72,147.94 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.95% |
Annual Dividend | $0.76 |
Payout Ratio | 0.26 |
Change in Payout Ratio | -0.01 |
Last Dividend Payout / Amount | NA / $0.19 |
Fundamental Ratios
P/E (F1) | 28.13 |
Trailing 12 Months | 27.46 |
PEG Ratio | 3.19 |
vs. Previous Year | 10.13% |
vs. Previous Quarter | 40.32% |
vs. Previous Year | 11.63% |
vs. Previous Quarter | 8.20% |
Price/Book | 5.12 |
Price/Cash Flow | 23.36 |
Price / Sales | 3.04 |
6/30/24 | 23.68 |
3/31/24 | 26.01 |
12/31/23 | 27.19 |
6/30/24 | 7.33 |
3/31/24 | 7.76 |
12/31/23 | 8.31 |
6/30/24 | 1.08 |
3/31/24 | 1.36 |
12/31/23 | 2.73 |
6/30/24 | 0.80 |
3/31/24 | 0.99 |
12/31/23 | 2.40 |
6/30/24 | 10.86 |
3/31/24 | 10.66 |
12/31/23 | 10.54 |
6/30/24 | 14.27 |
3/31/24 | 5.41 |
12/31/23 | 6.10 |
6/30/24 | 21.14 |
3/31/24 | 8.30 |
12/31/23 | 9.43 |
6/30/24 | 15.60 |
3/31/24 | 13.21 |
12/31/23 | 10.73 |
6/30/24 | 6.13 |
3/31/24 | 6.11 |
12/31/23 | 6.11 |
6/30/24 | 0.80 |
3/31/24 | 1.31 |
12/31/23 | 1.58 |
6/30/24 | 44.46 |
3/31/24 | 56.79 |
12/31/23 | 61.26 |