Carrier Globalcorp Stock Fundamentals
| CARR Stock | USD 53.62 0.09 0.17% |
Carrier GlobalCorp fundamentals help investors to digest information that contributes to Carrier GlobalCorp's financial success or failures. It also enables traders to predict the movement of Carrier Stock. The fundamental analysis module provides a way to measure Carrier GlobalCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carrier GlobalCorp stock.
At this time, Carrier GlobalCorp's Tax Provision is relatively stable compared to the past year. As of 04/23/2024, Interest Expense is likely to grow to about 237 M, while Interest Income is likely to drop slightly above 61.9 M. Carrier | Select Account or Indicator |
Carrier GlobalCorp Company Operating Margin Analysis
Carrier GlobalCorp's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Carrier GlobalCorp Operating Margin | 0.01 % |
Most of Carrier GlobalCorp's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carrier GlobalCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Carrier Operating Margin Historical Pattern
Today, most investors in Carrier GlobalCorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Carrier GlobalCorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's operating margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Carrier GlobalCorp operating margin as a starting point in their analysis.
Carrier GlobalCorp Operating Margin |
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Carrier Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Carrier GlobalCorp has an Operating Margin of 0.0063%. This is 99.88% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The operating margin for all United States stocks is 100.11% lower than that of the firm.
Carrier GlobalCorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Carrier GlobalCorp's current stock value. Our valuation model uses many indicators to compare Carrier GlobalCorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Carrier GlobalCorp competition to find correlations between indicators driving Carrier GlobalCorp's intrinsic value. More Info.Carrier GlobalCorp is rated third in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Carrier GlobalCorp is roughly 3.50 . At this time, Carrier GlobalCorp's Return On Equity is relatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Carrier GlobalCorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Carrier GlobalCorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Carrier GlobalCorp's earnings, one of the primary drivers of an investment's value.Carrier Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carrier GlobalCorp's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carrier GlobalCorp could also be used in its relative valuation, which is a method of valuing Carrier GlobalCorp by comparing valuation metrics of similar companies.Carrier GlobalCorp is currently under evaluation in operating margin category among related companies.
Carrier Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0482 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 53.28 B | ||||
| Shares Outstanding | 900.1 M | ||||
| Shares Owned By Insiders | 6.63 % | ||||
| Shares Owned By Institutions | 85.79 % | ||||
| Number Of Shares Shorted | 14.13 M | ||||
| Price To Earning | 10.68 X | ||||
| Price To Book | 5.90 X | ||||
| Price To Sales | 2.32 X | ||||
| Revenue | 22.1 B | ||||
| Gross Profit | 5.47 B | ||||
| EBITDA | 2.3 B | ||||
| Net Income | 1.44 B | ||||
| Cash And Equivalents | 2.98 B | ||||
| Cash Per Share | 3.57 X | ||||
| Total Debt | 14.68 B | ||||
| Debt To Equity | 1.26 % | ||||
| Current Ratio | 1.62 X | ||||
| Book Value Per Share | 10.33 X | ||||
| Cash Flow From Operations | 2.61 B | ||||
| Short Ratio | 2.37 X | ||||
| Earnings Per Share | 1.58 X | ||||
| Price To Earnings To Growth | 2.25 X | ||||
| Target Price | 63.04 | ||||
| Number Of Employees | 53 K | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 48.26 B | ||||
| Total Asset | 32.82 B | ||||
| Retained Earnings | 6.59 B | ||||
| Working Capital | 11.89 B | ||||
| Current Asset | 5.68 B | ||||
| Current Liabilities | 4.94 B | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 32.82 B | ||||
| Last Dividend Paid | 0.75 |
About Carrier GlobalCorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carrier GlobalCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carrier GlobalCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carrier GlobalCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 425 M | 365.6 M | |
| Total Revenue | 22.1 B | 21.4 B | |
| Cost Of Revenue | 15.7 B | 15.2 B | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.15 | 0.15 | |
| Research And Ddevelopement To Revenue | 0.03 | 0.02 | |
| Capex To Revenue | (0.02) | (0.02) | |
| Revenue Per Share | 26.39 | 18.10 | |
| Ebit Per Revenue | 0.10 | 0.15 |
Pair Trading with Carrier GlobalCorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier GlobalCorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier GlobalCorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Carrier GlobalCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier GlobalCorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier GlobalCorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier GlobalCorp to buy it.
The correlation of Carrier GlobalCorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier GlobalCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier GlobalCorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carrier GlobalCorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Carrier GlobalCorp Piotroski F Score and Carrier GlobalCorp Altman Z Score analysis. To learn how to invest in Carrier Stock, please use our How to Invest in Carrier GlobalCorp guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Carrier Stock analysis
When running Carrier GlobalCorp's price analysis, check to measure Carrier GlobalCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier GlobalCorp is operating at the current time. Most of Carrier GlobalCorp's value examination focuses on studying past and present price action to predict the probability of Carrier GlobalCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier GlobalCorp's price. Additionally, you may evaluate how the addition of Carrier GlobalCorp to your portfolios can decrease your overall portfolio volatility.
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Is Carrier GlobalCorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carrier GlobalCorp. If investors know Carrier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carrier GlobalCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.582 | Dividend Share 0.745 | Earnings Share 1.58 | Revenue Per Share 26.392 | Quarterly Revenue Growth (0) |
The market value of Carrier GlobalCorp is measured differently than its book value, which is the value of Carrier that is recorded on the company's balance sheet. Investors also form their own opinion of Carrier GlobalCorp's value that differs from its market value or its book value, called intrinsic value, which is Carrier GlobalCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carrier GlobalCorp's market value can be influenced by many factors that don't directly affect Carrier GlobalCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carrier GlobalCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrier GlobalCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrier GlobalCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.