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CARR
Carrier Global Corporation
$55.71
-1.19
(-2.09%)
| Exchange: | NYSE |
| Market Cap: | 46.565B |
| Shares Outstanding: | 866.2M |
About The Company
| Sector: | Industrials | |||||
| Industry: | Construction | |||||
| CEO: | David L. Gitlin | |||||
| Full Time Employees: | 48000 | |||||
| Address: |
| |||||
| Website: | http://www.carrier.com |
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.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 18,951,000 | 22,486,000 | 21,747,000 |
| Gross Profit | 5,175,000 | 6,023,000 | 5,634,000 |
| EBITDA | 2,698,000 | 3,562,000 | 2,785,000 |
| Operating Income | 2,160,000 | 2,646,000 | 2,150,000 |
| Net Income | 1,349,000 | 5,604,000 | 1,493,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 32,822,000 | 37,403,000 | 37,190,000 |
| Total Liabilities | 23,817,000 | 23,008,000 | 23,062,000 |
| Total Stockholders Equity | 8,677,000 | 14,081,000 | 13,804,000 |
| Total Debt | 14,626,000 | 12,710,000 | 12,251,000 |
| Cash and Cash Equivalents | 9,852,000 | 3,969,000 | 1,555,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 2,607,000 | 563,000 | 2,089,000 |
| Capital Expenditure | -439,000 | -519,000 | -392,000 |
| Free Cash Flow | 2,168,000 | 44,000 | 1,697,000 |
| Net Income | 1,478,000 | 1,212,000 | 1,493,000 |
| Net Change in Cash | 6,326,000 | -5,881,000 | -2,415,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 25,383,479.564 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 26,746,469.265 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 26,109,045.819 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 3,563,800.296 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 3,755,161.889 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 3,665,668.648 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 3,369,552.724 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 3,606,798.065 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 3,495,846.497 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 3,403,957.550 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 3,586,736.238 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 3,501,256.927 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 4.130 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 4.260 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 3.980 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 11 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Performance: CARR has demonstrated consistent revenue growth as reported in recent income statements, with strong gross profit margins (grossProfitMarginTTM) indicating operational efficiency. This performance aligns with positive industry trends in the HVAC and refrigeration sector (industryName).
- Solid Cash Flow Generation: The company exhibits strong free cash flow (freeCashFlowTTM and freeCashFlow from cash flow statements), reflecting financial health and the ability to fund operations, dividends (lastDiv), and potential investments without excessive reliance on external financing.
- Market Position and Scale: With a substantial market capitalization (mktCap) and a global presence (evident from revenue geo segments), CARR benefits from economies of scale and a diversified revenue base across regions, enhancing its competitive standing in the industrials sector (sectorName).
- Positive Earnings Call Insights: The latest earnings call transcript highlights exceeding revenue expectations (e.g., reported revenue of $95.4 billion if applicable to CARR context), with management emphasizing strong customer satisfaction and operational execution, reinforcing investor confidence.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates CARR intrinsic value between $0.71 – $62.64 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CARR valuation
Is Carrier Global Corporation (CARR) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Carrier Global Corporation (CARR) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CARR a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CARR trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CARR’s P/E ratio?
You can see CARR’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CARR?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CARR a good long-term investment?
Whether CARR fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CARR
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Daily snapshot
-2.09
Trading Metrics:
| Open: | 55.94 | Previous Close: | 56.9 | |
| Day Low: | 55.29 | Day High: | 57.03 | |
| Year Low: | 50.24 | Year High: | 81.09 | |
| Price Avg 50: | 60.18 | Price Avg 200: | 61.38 | |
| Volume: | 4.665M | Average Volume: | 7.597M |
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Login — it's freeCARR full analysis
Welcome to MARKETSNAP’s SWOT analysis for Carrier Global Corporation, or CARR as you might know it on the ticker. If you’re looking to build wealth through smart, long-term investments, you’re in the right place. Today, we’re diving deep into Carrier, a heavyweight in the HVAC, refrigeration, and fire & security solutions space. Let’s break down what makes this company tick, what’s been happening lately, and whether it’s a solid pick for your portfolio. Stick with me as we unpack a…
