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Carrier Global Corporation

Data quality: 100%
CARR
NYSE Industrials Construction
$59.25
▲ $0.67 (1.14%)
Mkt Cap: 49.52B
Day Range
$58.43 $59.90
52-Week Range
$50.24 $81.09
Volume
3,157,813
50D / 200D Avg
$60.04 / $62.06
Prev Close
$58.58

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Industrials sector median (895 peers)

Metric Stock Sector Median
P/E 33.2 14.4
P/B 3.6 1.9
ROE % 10.7 11.4
Net Margin % 6.9 6.5
Rev Growth 5Y % 1.4 8.4
D/E 0.9 0.6

Analyst Price Target

Hold
$67.88 +14.6%
Low: $55.00 High: $74.00
Forward P/E
21.28
Forward EPS
$2.78
EPS Growth (est.)
+0.0%
Est. Revenue
21.97B

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2029 $4.31
$4.15 – $4.44
26.73B 1
FY2028 $3.61
$3.09 – $4.32
24.18B 5
FY2027 $3.17
$3.04 – $3.36
23.08B 12

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-05 $0.37 $0.34 -9.3%
2025-10-28 $0.63 $0.67 +5.7%
2025-07-29 $0.91 $0.92 +1.5%
2025-05-01 $0.58 $0.65 +11.3%
2025-02-11 $0.50 $0.54 +7.4%
2024-10-24 $0.81 $0.83 +2.9%
2024-07-25 $0.85 $0.87 +2.8%
2024-04-25 $0.50 $0.62 +23.3%

Dividend History

6 yr streak

Yield

0.02%

Payout Ratio

0.52%

Growth (3Y)

2.06%

Growth (5Y)

19.24%

Ex-Date Payment Date Amount Yield
Jan 20, 2026 Feb 09, 2026 $0.24 1.66%
Oct 29, 2025 Nov 18, 2025 $0.23 1.48%
Jul 21, 2025 Aug 08, 2025 $0.23 1.14%
May 02, 2025 May 22, 2025 $0.23 1.16%
Dec 20, 2024 Feb 07, 2025 $0.23 1.16%
Oct 25, 2024 Nov 18, 2024 $0.19 1.03%
Jun 21, 2024 Aug 08, 2024 $0.19 1.20%
May 02, 2024 May 22, 2024 $0.19 1.23%
Dec 20, 2023 Feb 09, 2024 $0.19 1.33%
Oct 26, 2023 Nov 20, 2023 $0.19 1.59%
Jun 22, 2023 Aug 10, 2023 $0.19 1.47%
May 04, 2023 May 24, 2023 $0.19 1.63%
Dec 21, 2022 Feb 10, 2023 $0.19 1.51%
Oct 27, 2022 Nov 21, 2022 $0.15 1.58%
Jun 22, 2022 Aug 10, 2022 $0.15 1.64%
Apr 28, 2022 May 19, 2022 $0.15 1.37%
Dec 22, 2021 Feb 10, 2022 $0.15 0.97%
Oct 28, 2021 Nov 22, 2021 $0.12 0.88%
Jun 23, 2021 Aug 10, 2021 $0.12 0.95%
Apr 30, 2021 May 24, 2021 $0.12 0.92%

Key Takeaways

Revenue grew 1.35% annually over 5 years — modest growth
Earnings declined -73.36% over the past year
ROE of 10.71% — decent returns on equity
Generating 1.70B in free cash flow
P/E of 33.17 — premium valuation
Revenue growth is decelerating — 1Y growth trails 5Y average by 4.64%

Growth

Revenue Growth (5Y)
1.35%
Revenue (1Y)-3.29%
Earnings (1Y)-73.36%
FCF Growth (3Y)-11.53%

Quality

Return on Equity
10.71%
ROIC6.09%
Net Margin6.87%
Op. Margin9.89%

Safety

Debt / Equity
0.92
Current Ratio1.20
Interest Coverage6.23

Valuation

P/E Ratio
33.17
Forward P/E21.28
P/B Ratio3.59
EV/EBITDA28.20
Dividend Yield0.02%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -3.29% Revenue Growth (3Y) 7.12%
Earnings Growth (1Y) -73.36% Earnings Growth (3Y) 5.20%
Revenue Growth (5Y) 1.35% Earnings Growth (5Y) -2.67%
Profitability
Revenue (TTM) 21.75B Net Income (TTM) 1.49B
ROE 10.71% ROA 4.01%
Gross Margin 25.91% Operating Margin 9.89%
Net Margin 6.87% Free Cash Flow (TTM) 1.70B
ROIC 6.09% FCF Growth (3Y) -11.53%
Safety
Debt / Equity 0.92 Current Ratio 1.20
Interest Coverage 6.23
Dividends
Dividend Yield 0.02% Payout Ratio 0.52%
Dividend Growth (3Y) 2.06% Dividend Growth (5Y) 19.24%
Consecutive Div Years 6 yrs
Valuation
P/E Ratio 33.17 Forward P/E 21.28
P/B Ratio 3.59 P/S Ratio 2.28
PEG Ratio -0.41 Forward PEG N/A
EV/EBITDA 28.20 Fwd EV/EBITDA 19.66
Forward P/S 2.25 Fwd Earnings Yield 4.70%
FCF Yield 3.43%
Market Cap 49.52B Enterprise Value 60.64B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 21.75B 22.49B 18.95B 17.29B 20.61B
Net Income 1.49B 5.60B 1.35B 3.53B 1.66B
EPS (Diluted) 1.70 6.15 1.63 4.10 1.87
Gross Profit 5.63B 6.02B 5.18B 4.30B 6.01B
Operating Income 2.15B 2.65B 2.16B 3.98B 2.65B

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 37.19B 37.40B 32.82B 26.09B 26.17B
Total Liabilities 23.06B 23.01B 23.82B 18.01B 19.08B
Shareholders' Equity 13.80B 14.08B 8.68B 7.76B 6.77B
Total Debt 12.67B 12.71B 14.63B 9.37B 10.22B
Cash & Equivalents 1.56B 3.97B 9.85B 3.52B 2.99B
Current Assets 8.53B 9.89B 19.58B 9.88B 11.41B
Current Liabilities 7.11B 7.89B 6.98B 6.03B 6.63B