Carrier Global Corporation

NYSE:CARR Stock Report

Market Cap: US$61.5b

Carrier Global Future Growth

Future criteria checks 3/6

Carrier Global is forecast to grow earnings and revenue by 18.2% and 1.9% per annum respectively. EPS is expected to grow by 20.4% per annum. Return on equity is forecast to be 41.5% in 3 years.

Key information

18.2%

Earnings growth rate

20.4%

EPS growth rate

Building earnings growth12.8%
Revenue growth rate1.9%
Future return on equity41.5%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Earnings Beat: Carrier Global Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 29
Earnings Beat: Carrier Global Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Recent updates

Is Carrier Global (NYSE:CARR) Using Too Much Debt?

Dec 13
Is Carrier Global (NYSE:CARR) Using Too Much Debt?

Shareholders Should Be Pleased With Carrier Global Corporation's (NYSE:CARR) Price

Nov 28
Shareholders Should Be Pleased With Carrier Global Corporation's (NYSE:CARR) Price

Carrier Global Q3: Strong Orders Supporting FY 2025 Growth

Oct 25

Carrier Global (NYSE:CARR) Is Due To Pay A Dividend Of $0.19

Oct 14
Carrier Global (NYSE:CARR) Is Due To Pay A Dividend Of $0.19

Investors Could Be Concerned With Carrier Global's (NYSE:CARR) Returns On Capital

Oct 01
Investors Could Be Concerned With Carrier Global's (NYSE:CARR) Returns On Capital

Carrier Global: Transforming Into Pure Play In Climate And Energy Solutions

Sep 05

Risks To Shareholder Returns Are Elevated At These Prices For Carrier Global Corporation (NYSE:CARR)

Aug 28
Risks To Shareholder Returns Are Elevated At These Prices For Carrier Global Corporation (NYSE:CARR)

Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)

Aug 13
Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)

Earnings Beat: Carrier Global Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 29
Earnings Beat: Carrier Global Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Carrier: Some Parts Are Hotter Than Others

Jul 26

Is Carrier Global (NYSE:CARR) A Risky Investment?

Jul 21
Is Carrier Global (NYSE:CARR) A Risky Investment?

When Should You Buy Carrier Global Corporation (NYSE:CARR)?

Jul 03
When Should You Buy Carrier Global Corporation (NYSE:CARR)?

Carrier's Business Transformation Adds Value

Jun 28

Carrier Global (NYSE:CARR) Is Due To Pay A Dividend Of $0.19

Jun 15
Carrier Global (NYSE:CARR) Is Due To Pay A Dividend Of $0.19

The Price Is Right For Carrier Global Corporation (NYSE:CARR)

May 21
The Price Is Right For Carrier Global Corporation (NYSE:CARR)

We Think That There Are More Issues For Carrier Global (NYSE:CARR) Than Just Sluggish Earnings

May 03
We Think That There Are More Issues For Carrier Global (NYSE:CARR) Than Just Sluggish Earnings

Carrier: Not Too Hot Yet

Apr 27

Carrier Global (NYSE:CARR) Is Paying Out A Dividend Of $0.19

Apr 26
Carrier Global (NYSE:CARR) Is Paying Out A Dividend Of $0.19

Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?

Apr 19
Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?

At US$58.13, Is Carrier Global Corporation (NYSE:CARR) Worth Looking At Closely?

Apr 01
At US$58.13, Is Carrier Global Corporation (NYSE:CARR) Worth Looking At Closely?

Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)

Mar 14
Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)

Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market

Feb 12

The Price Is Right For Carrier Global Corporation (NYSE:CARR)

Jan 20
The Price Is Right For Carrier Global Corporation (NYSE:CARR)

Carrier Global: Carrying Great Momentum Into 2024

Jan 09

Is Carrier Global (NYSE:CARR) A Risky Investment?

Jan 02
Is Carrier Global (NYSE:CARR) A Risky Investment?

Carrier: Cool Things Happening In 2024

Dec 05

Carrier Global: Trading At 20x FCF With Strong Margin Expansion; Maintain 'Strong Buy' Rating

Oct 30

Carrier Global: A Compounder In Heat Pumps And Climate Solutions

Sep 16

Carrier Global: Rating Downgrade As Share Price Has Reflected Its Fair Value

Aug 10

Earnings and Revenue Growth Forecasts

NYSE:CARR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202624,6182,7032,9093,47412
12/31/202523,3072,3182,6623,07118
12/31/202422,6391,581-5593115
9/30/202424,8011,5359391,493N/A
6/30/202423,7521,2412,2632,803N/A
3/31/202423,0071,2452,0242,527N/A
12/31/202322,0981,3492,1382,607N/A
9/30/202319,7401,2402,3112,668N/A
6/30/202320,2562,2822,0422,417N/A
3/31/202321,0402,5281,6982,065N/A
12/31/202220,4213,5341,3901,743N/A
9/30/202220,4493,5881,1821,533N/A
6/30/202220,3392,7459881,322N/A
3/31/202220,5682,6591,5041,851N/A
12/31/202120,6131,6641,8932,237N/A
9/30/202120,0742,2241,1561,523N/A
6/30/202119,7352,4961,5311,881N/A
3/31/202118,2672,2701,5121,829N/A
12/31/202017,4561,9821,3801,692N/A
9/30/202017,3631,5382,3122,567N/A
6/30/202017,1831,2892,0002,248N/A
3/31/202018,1731,8122,0432,293N/A
12/31/201918,6082,1161,8202,063N/A
12/31/201818,9142,7341,7922,055N/A
12/31/201717,8141,227N/A2,098N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CARR's forecast earnings growth (18.2% per year) is above the savings rate (2.6%).

Earnings vs Market: CARR's earnings (18.2% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: CARR's earnings are forecast to grow, but not significantly.

Revenue vs Market: CARR's revenue (1.9% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: CARR's revenue (1.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CARR's Return on Equity is forecast to be very high in 3 years time (41.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carrier Global Corporation is covered by 31 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Timothy WojsBaird
Julian MitchellBarclays