Carrier Global Past Earnings Performance
Past criteria checks 3/6
Carrier Global's earnings have been declining at an average annual rate of -2.8%, while the Building industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 6.2% per year. Carrier Global's return on equity is 10.9%, and it has net margins of 6.2%.
Key information
-2.8%
Earnings growth rate
-2.4%
EPS growth rate
| Building Industry Growth | 8.0% |
| Revenue growth rate | 6.2% |
| Return on equity | 10.9% |
| Net Margin | 6.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Carrier Global makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 24,801 | 1,535 | 3,635 | 786 |
| 30 Jun 24 | 23,752 | 1,241 | 3,503 | 740 |
| 31 Mar 24 | 23,007 | 1,245 | 3,393 | 702 |
| 31 Dec 23 | 22,098 | 1,349 | 3,139 | 617 |
| 30 Sep 23 | 19,740 | 1,240 | 2,469 | 504 |
| 30 Jun 23 | 20,256 | 2,282 | 2,455 | 521 |
| 31 Mar 23 | 21,040 | 2,528 | 2,575 | 553 |
| 31 Dec 22 | 20,421 | 3,534 | 2,465 | 539 |
| 30 Sep 22 | 20,449 | 3,588 | 2,601 | 524 |
| 30 Jun 22 | 20,339 | 2,745 | 2,695 | 504 |
| 31 Mar 22 | 20,568 | 2,659 | 2,871 | 507 |
| 31 Dec 21 | 20,613 | 1,664 | 2,979 | 503 |
| 30 Sep 21 | 20,074 | 2,224 | 2,905 | 496 |
| 30 Jun 21 | 19,735 | 2,496 | 2,842 | 473 |
| 31 Mar 21 | 18,267 | 2,270 | 2,615 | 442 |
| 31 Dec 20 | 17,456 | 1,982 | 2,590 | 419 |
| 30 Sep 20 | 17,363 | 1,538 | 2,462 | 391 |
| 30 Jun 20 | 17,183 | 1,289 | 2,447 | 393 |
| 31 Mar 20 | 18,173 | 1,812 | 2,518 | 402 |
| 31 Dec 19 | 18,608 | 2,116 | 2,517 | 401 |
| 31 Dec 18 | 18,914 | 2,734 | 2,477 | 400 |
| 31 Dec 17 | 17,814 | 1,227 | 2,382 | 364 |
Quality Earnings: 4PN has high quality earnings.
Growing Profit Margin: 4PN's current net profit margins (6.2%) are lower than last year (6.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4PN's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: 4PN's earnings growth over the past year (23.8%) exceeds its 5-year average (-2.8% per year).
Earnings vs Industry: 4PN earnings growth over the past year (23.8%) exceeded the Building industry -7.8%.
Return on Equity
High ROE: 4PN's Return on Equity (10.9%) is considered low.