Company Overview

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.

  • Name

    Carrier Global Corporation

  • CEO

    Mr. David L. Gitlin

  • Website

    www.corporate.carrier.com

  • Sector

    Building Products

  • Year Founded

    2019

Profile

  • Market Cap

    $62.33B

  • EV

    $73.54B

  • Shares Out

    902.75M

  • Revenue

    $23.7B

  • Employees

    53,000

Margins

  • Gross

    28.97%

  • EBITDA

    12.84%

  • Operating

    9.07%

  • Pre-Tax

    21.14%

  • Net

    14.27%

  • FCF

    9.55%

Returns (5Yr Avg)

  • ROA

    8.61%

  • ROTA

    35.23%

  • ROE

    29.53%

  • ROCE

    12.1%

  • ROIC

    9.88%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $72.24

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $2,919M

  • Net Debt

    $10.9B

  • Debt/Equity

    0.98

  • EBIT/Interest

    3.82

Growth (CAGR)

  • Rev 3Yr

    6.3%

  • Rev 5Yr

    3.16%

  • Rev 10Yr

  • Dil EPS 3Yr

    10.89%

  • Dil EPS 5Yr

    -12.92%

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

    5.63%

  • EBITDA Fwd 2Yr

    14.54%

  • EPS Fwd 2Yr

    6.25%

  • EPS LT Growth Est

    8.66%

Dividends

  • Yield

  • Payout

    19.41%

  • DPS

    $0.76

  • DPS Growth 3Yr

    19.72%

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

    14.61%

NYSE:CARR