Carrier Global Corporatio... (CARR)
Carrier Global Statistics
Share Statistics
Carrier Global has 863.99M shares outstanding. The number of shares has increased by -4.11% in one year.
| Shares Outstanding | 863.99M |
| Shares Change (YoY) | -4.11% |
| Shares Change (QoQ) | -3.7% |
| Owned by Institutions (%) | 81.46% |
| Shares Floating | 804.09M |
| Failed to Deliver (FTD) Shares | 14 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 13.84M, so 1.6% of the outstanding shares have been sold short.
| Short Interest | 13.84M |
| Short % of Shares Out | 1.6% |
| Short % of Float | 1.95% |
| Short Ratio (days to cover) | 2.95 |
Valuation Ratios
The PE ratio is 18.38 and the forward PE ratio is 16.87. Carrier Global's PEG ratio is 0.14.
| PE Ratio | 18.38 |
| Forward PE | 16.87 |
| PS Ratio | 2.73 |
| Forward PS | 2 |
| PB Ratio | 4.26 |
| P/FCF Ratio | 58.28 |
| PEG Ratio | 0.14 |
Enterprise Valuation
Carrier Global has an Enterprise Value (EV) of 68.8B.
| EV / Sales | 3.06 |
| EV / EBITDA | 16.84 |
| EV / EBIT | 43.79 |
| EV / FCF | 65.4 |
Financial Position
The company has a current ratio of 1.25, with a Debt / Equity ratio of 0.8.
| Current Ratio | 1.25 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.8 |
| Debt / EBITDA | 2.8 |
| Debt / FCF | 10.89 |
| Interest Coverage | 4.56 |
Financial Efficiency
Return on Equity is 23.17% and Return on Invested Capital is 4.78%.
| Return on Equity | 23.17% |
| Return on Assets | 8.92% |
| Return on Invested Capital | 4.78% |
| Revenue Per Employee | $468.46K |
| Profits Per Employee | $69.5K |
| Employee Count | 48,000 |
| Asset Turnover | 0.6 |
| Inventory Turnover | 7.18 |
Taxes
| Income Tax | 1.06B |
| Effective Tax Rate | 46.7% |
Stock Price Statistics
The stock price has increased by 7.93% in the last 52 weeks. The beta is 1.21, so Carrier Global's price volatility has been higher than the market average.
| Beta | 1.21 |
| 52-Week Price Change | 7.93% |
| 50-Day Moving Average | 63.93 |
| 200-Day Moving Average | 69.89 |
| Relative Strength Index (RSI) | 43.88 |
| Average Volume (20 Days) | 5.87M |
Income Statement
In the last 12 months, Carrier Global had revenue of 22.49B and earned 3.34B in profits. Earnings per share was 3.71.
| Revenue | 22.49B |
| Gross Profit | 5.98B |
| Operating Income | 2.65B |
| Net Income | 3.34B |
| EBITDA | 4.09B |
| EBIT | 2.85B |
| Earnings Per Share (EPS) | 3.71 |
Balance Sheet
The company has 3.97B in cash and 11.46B in debt, giving a net cash position of -7.49B.
| Cash & Cash Equivalents | 3.97B |
| Total Debt | 11.46B |
| Net Cash | -7.49B |
| Retained Earnings | 11.48B |
| Total Assets | 37.4B |
| Working Capital | 2B |
Cash Flow
In the last 12 months, operating cash flow was 1.57B and capital expenditures -519M, giving a free cash flow of 1.05B.
| Operating Cash Flow | 1.57B |
| Capital Expenditures | -519M |
| Free Cash Flow | 1.05B |
| FCF Per Share | 1.17 |
Margins
Gross margin is 26.6%, with operating and profit margins of 11.77% and 14.84%.
| Gross Margin | 26.6% |
| Operating Margin | 11.77% |
| Pretax Margin | 10.11% |
| Profit Margin | 14.84% |
| EBITDA Margin | 18.17% |
| EBIT Margin | 11.77% |
| FCF Margin | 4.68% |
Dividends & Yields
CARR pays an annual dividend of $1.02, which amounts to a dividend yield of 1.43%.
| Dividend Per Share | $1.02 |
| Dividend Yield | 1.43% |
| Dividend Growth (YoY) | 18.42% |
| Payout Ratio | 83.61% |
| Earnings Yield | 5.44% |
| FCF Yield | 1.72% |
Analyst Forecast
The average price target for CARR is $79, which is 32.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $79 |
| Price Target Difference | 32.8% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
Scores
| Altman Z-Score | 2.74 |
| Piotroski F-Score | 4 |