- Construction
- Industrials
-
1.38
EPS
-
45.38
P/E
-
56.6B
MARKET CAP
-
1.20%
DIV YIELD
Company Overview
13995 PASTEUR BOULEVARD,PALM BEACH GARDENS FL 33418,5613652000
CEO
Mr. David L. Gitlin
Employess
53000
Sector
Industrials
Industry
Construction
Website
https://www.corporate.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.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Aug. 08, 2024
Dividend Date
June 21, 2024
YTD Performance
11.30%
Fiscal Year End
12-31
IPO Date
2020-03-19
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | % | 3.16% | 8.18% | 8.21% |
EPS | % | -12.62% | -11.08% | -61.58% |
Equity | % | -9.02% | 11.55% | 11.85% |
Cash | % | 54.74% | 47.59% | 184.52% |
Return On Capital (ROIC) | % | 10.27% | 9.86% | 6.79% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 51 | 140 | 183 | 352 | 397 |
Long Term Debt | 14,600 | 9,230 | 10,000 | 10,700 | 682 |
LT Finance Leases | 391 | 529 | 527 | 803 | 682 |
Shares Outstanding | 837 | 843 | 868 | 866 | 866 |
Market Cap | 48,100 | 34,800 | 47,100 | 32,700 | 10,400 |
Price
News
Carrier Announces Close of $1.425B Sale of its Industrial Fire Business
3 monthsNet proceeds of approximately $1.1B expected to be used to pay down debt Global Commercial Refrigeration sale expected to close by the end of Q3 Sale process of Commercial and Residential Fire progressing as expected PALM BEACH GARDENS, Fla. , July 2, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its Industrial Fire business to Sentinel Capital Partners for an enterprise value of $1.425 billion.
prnewswire.comSentinel Capital Partners Carves Out Industrial Fire Business from Carrier
3 monthsCreates Standalone Platform Spectrum Safety Solutions NEW YORK , July 2, 2024 /PRNewswire/ -- Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, announced today that it acquired the industrial fire business from Carrier Global Corporation (NYSE: CARR) at an enterprise value of $1.425 billion. Sentinel's purchase creates Spectrum Safety Solutions, a new standalone platform.
prnewswire.comWall Street Just Turned Bullish on These 3 Hot Stocks. Should You Buy Them?
3 monthsThere's a huge opportunity ahead for HVAC companies to help building owners meet net zero emissions standards and conform to regulatory requirements. This housing building materials company might be making a critical strategic acquisition at the bottom of the market.
fool.comCarrier's Business Transformation Adds Value
3 monthsCarrier Global has transformed into a pure-play leader in intelligent climate and energy solutions through acquisitions and divestments. The Viessman Climate Solutions acquisition boosts Carrier's European market share in the rapidly growing heat pump market, projecting 20% CAGR through 2030. Despite underperforming peers, Carrier's business transformation and industry tailwinds position it for potential catch-up trade and long-term growth.
seekingalpha.com3 Smart Stocks to Buy and Hold for the Long Term With $500 Right Now
3 monthsMany companies invest in automation to cut costs and reduce supply chain complexity. Efficient heating, ventilation, and air conditioning systems are a significant part of the fight to reduce harmful emissions.
fool.comCarrier (CARR) Aids Cold Chain Solutions With Berlinger Buyout
3 monthsCarrier Global (CARR) expands cold chain leadership with the Berlinger & Co. acquisition, enhancing Sensitech's monitoring solutions for pharmaceuticals and life sciences.
zacks.comSensitech to Strengthen Life Sciences Cold Chain Solutions with Acquisition of Berlinger & Co. Monitoring Solutions
3 monthsBEVERLY, Mass. , June 19, 2024 /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has entered into a definitive agreement to acquire the Monitoring Solutions business of Berlinger & Co. AG, a Swiss family-owned company that specializes in innovative and customized solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments.
prnewswire.comHeat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures
3 monthsAs residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.
benzinga.comCarrier's Ambitious Climate and Net Zero Targets Validated by the Science Based Target Initiative
3 monthsSBTi validation further supports Carrier's decarbonization leadership PALM BEACH GARDENS, Fla. , June 13, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced its ambitious greenhouse gas emission reduction goals, including a target to reach net-zero greenhouse gas emissions by 2050, have been validated by the Science Based Targets initiative (SBTi).
prnewswire.comCarrier is Developing Next-Generation Heat Pump Rooftop Units Through DOE Accelerator
3 monthsCHARLOTTE, N.C. , June 12, 2024 /PRNewswire/ -- Carrier is partnering with the Department of Energy to develop next-generation heat pump technologies that result in higher efficiency light commercial rooftops units with reduced life cycle costs for end users including school, retail and office space customers.
prnewswire.comBull Market Buys: 3 Outstanding Growth Stocks to Own for the Long Run
3 monthsGXO Logistics is benefiting from continued growth in e-commerce warehousing. Delta is focusing more on the premium travel market and its co-branded credit cards.
fool.comCarrier Board of Directors Declares Quarterly Cash Dividend
3 monthsPALM BEACH GARDENS, Fla. , June 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.19 per outstanding share of Carrier common stock.
prnewswire.com