C
Carrier Global Corporation
CARR · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market cap | $44,502 | $61,245 | $48,203 | $34,496 | $47,004 | $32,688 | – | – | – |
| Enterprise value | $55,940 | $70,300 | $53,305 | $40,887 | $54,567 | $40,929 | – | – | – |
| P/E (TTM) at period end | 29.99× | 10.93× | 35.73× | 9.76× | 28.25× | 16.49× | – | – | – |
| P/S (TTM) at period end | 2.05× | 2.72× | 2.54× | 2.00× | 2.28× | 1.87× | – | – | – |
| P/B at period end | 3.22× | 4.35× | 5.56× | 4.45× | 6.95× | 5.23× | – | – | – |
| EV / EBITDA (TTM) | 16.23× | 18.13× | 20.11× | 9.48× | 18.29× | 11.97× | – | – | – |
| EV / Sales (TTM) | 2.57× | 3.13× | 2.81× | 2.37× | 2.65× | 2.34× | – | – | – |
| Returns | |||||||||
| Return on equity | 10.8% | 39.8% | 15.5% | 45.6% | 24.6% | 31.7% | 15.0% | 19.6% | 8.5% |
| Return on invested capital | 7.5% | 6.1% | 11.6% | 23.6% | 13.1% | 14.9% | 14.2% | 19.5% | 9.2% |
| Dividend yield | 1.7% | 1.1% | 1.3% | 1.5% | 0.9% | 0.4% | – | – | – |
| Financial health | |||||||||
| Current ratio | 1.20× | 1.25× | 2.80× | 1.64× | 1.72× | 1.67× | 1.33× | 1.37× | 1.41× |
| Debt / equity | 0.86× | 0.87× | 1.65× | 1.14× | 1.43× | 1.64× | 0.02× | 0.02× | 0.01× |
| Effective tax rate | 13.3% | 46.7% | 26.1% | 16.1% | 29.1% | 29.7% | 19.3% | 27.9% | 58.5% |
| Share count | |||||||||
| Diluted shares outstanding | 862 | 912 | 853 | 861 | 890 | 880 | 866 | 866 | 873 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | ||||||||||
| Revenue | $22,108 | $21,747 | $22,486 | $18,951 | $17,288 | $20,613 | $17,456 | $18,608 | $18,914 | $17,814 |
| Cost of revenue | ($16,726) | ($16,123) | ($16,505) | ($13,789) | ($12,991) | ($14,633) | ($12,347) | ($13,189) | ($13,345) | ($12,629) |
| Gross profit | $5,382 | $5,624 | $5,981 | $5,162 | $4,297 | $5,980 | $5,109 | $5,419 | $5,569 | $5,185 |
| Operating expenses | ||||||||||
| Research and development | ($602) | ($625) | ($686) | ($493) | ($416) | ($503) | ($419) | ($401) | ($400) | ($364) |
| Selling, general and administrative | ($3,221) | ($3,092) | ($3,197) | ($2,607) | ($1,977) | ($3,120) | ($2,820) | ($2,761) | ($2,689) | ($2,584) |
| Total operating expenses | ($3,658) | ($3,452) | ($3,335) | ($3,002) | ($313) | ($3,335) | ($2,026) | ($2,928) | ($1,932) | ($2,155) |
| Total costs and expenses | ($20,384) | ($19,575) | ($19,840) | ($16,791) | ($13,304) | ($17,968) | ($14,373) | ($16,117) | ($15,277) | ($14,784) |
| Operating income | $1,724 | $2,172 | $2,646 | $2,160 | $3,984 | $2,645 | $3,083 | $2,491 | $3,637 | $3,030 |
| Earnings | ||||||||||
| EBITDA | $3,007 | $3,446 | $3,878 | $2,651 | $4,312 | $2,983 | $3,419 | $2,826 | $3,994 | $3,402 |
| Interest income | – | $169 | $209 | $146 | $83 | $13 | $10 | $102 | $121 | $104 |
| Interest expense | ($334) | ($458) | ($580) | ($306) | ($238) | ($319) | ($298) | ($75) | ($84) | ($219) |
| Pre-tax income | $1,329 | $1,798 | $2,274 | $1,999 | $3,823 | $2,400 | $2,855 | $2,672 | $3,842 | $3,054 |
| Income tax expense | ($51) | ($240) | ($1,062) | ($521) | ($616) | ($699) | ($849) | ($517) | ($1,073) | ($1,787) |
| Net income | $1,220 | $1,484 | $5,604 | $1,349 | $3,534 | $1,664 | $1,982 | $2,116 | $2,734 | $1,227 |
| Per share | ||||||||||
| Diluted EPS (GAAP) | $1.44 | $1.72 | $6.15 | $1.58 | $4.10 | $1.87 | $2.25 | $2.44 | $3.16 | – |
| Basic EPS (GAAP) | $1.46 | $1.74 | $6.24 | $1.61 | $4.19 | $1.92 | $2.29 | $2.44 | $3.16 | – |
| Basic shares outstanding | 838 | 852 | 898 | 837 | 843 | 868 | 866 | 866 | 866 | 866 |
| Margins | ||||||||||
| Gross margin | 24.3% | 25.9% | 26.6% | 27.2% | 24.9% | 29.0% | 29.3% | 29.1% | 29.4% | 29.1% |
| Operating margin | 7.8% | 10.0% | 11.8% | 11.4% | 23.0% | 12.8% | 17.7% | 13.4% | 19.2% | 17.0% |
| Net margin | 5.5% | 6.8% | 24.9% | 7.1% | 20.4% | 8.1% | 11.4% | 11.4% | 14.5% | 6.9% |