Carrier Global Corporation

NYSE:CARR Stock Report

Market Cap: US$61.2b

Carrier Global Future Growth

Future criteria checks 3/6

Carrier Global is forecast to grow earnings and revenue by 16.9% and 5.4% per annum respectively. EPS is expected to grow by 19.6% per annum. Return on equity is forecast to be 22.5% in 3 years.

Key information

16.9%

Earnings growth rate

19.61%

EPS growth rate

Building earnings growth12.5%
Revenue growth rate5.4%
Future return on equity22.48%
Analyst coverage

Good

Last updated12 May 2025

Recent future growth updates

Recent updates

Carrier Global Q1: Strong Margin Improvement

May 01

Why Carrier Global Corporation (NYSE:CARR) Could Be Worth Watching

Apr 23
Why Carrier Global Corporation (NYSE:CARR) Could Be Worth Watching

Carrier Global: A Climate Giant Entering A New Phase Of Transformation

Apr 20

Investors Still Waiting For A Pull Back In Carrier Global Corporation (NYSE:CARR)

Mar 05
Investors Still Waiting For A Pull Back In Carrier Global Corporation (NYSE:CARR)

Earnings Troubles May Signal Larger Issues for Carrier Global (NYSE:CARR) Shareholders

Feb 18
Earnings Troubles May Signal Larger Issues for Carrier Global (NYSE:CARR) Shareholders

Carrier Global: Still Cheap With A Temperate Outlook

Feb 12

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

Jan 28
Investors Could Be Concerned With Carrier Global's (NYSE:CARR) Returns On Capital

Carrier: Fairly Valued After Transition Nears Completion

Jan 06

Is Carrier Global Corporation (NYSE:CARR) Worth US$68.9 Based On Its Intrinsic Value?

Dec 29
Is Carrier Global Corporation (NYSE:CARR) Worth US$68.9 Based On Its Intrinsic Value?

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)
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Leveraging AI And Renewable Energy Innovations To Propel Growth And Diversify Revenue Streams

Aug 20 Investments in AI and connectivity signify a shift towards efficiency and recurring revenue models, promising operational improvements and stable growth.

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)

Carrier: Not Too Hot Yet

Apr 27

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

Feb 12

Carrier Global: Carrying Great Momentum Into 2024

Jan 09

Earnings and Revenue Growth Forecasts

NYSE:CARR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202725,6022,8233,1673,67511
12/31/202624,2322,4722,8153,35419
12/31/202522,9592,1292,5223,03020
3/31/202522,2841,3435261,006N/A
12/31/202422,4861,10844563N/A
9/30/202424,8011,5359391,493N/A
6/30/202423,7521,2412,2632,803N/A
3/31/202419,0981,1912,0562,527N/A
12/31/202318,9511,3872,1682,607N/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
12/31/202217,2883,1571,4261,743N/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
12/31/201818,9142,734N/A2,055N/A
12/31/201717,8141,227N/A2,098N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CARR's forecast earnings growth (16.9% per year) is above the savings rate (2.8%).

Earnings vs Market: CARR's earnings (16.9% per year) are forecast to grow faster than the US market (14% per year).

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

Revenue vs Market: CARR's revenue (5.4% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: CARR's revenue (5.4% 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 high in 3 years time (22.5%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 05:48
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Carrier Global Corporation is covered by 30 analysts. 20 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