Carrier Global Past Earnings Performance
Past criteria checks 2/6
Carrier Global has been growing earnings at an average annual rate of 1.5%, while the Building industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 4.9% per year. Carrier Global's return on equity is 16%, and it has net margins of 6.1%.
Key information
1.5%
Earnings growth rate
2.3%
EPS growth rate
Building Industry Growth | 13.3% |
Revenue growth rate | 4.9% |
Return on equity | 16.0% |
Net Margin | 6.1% |
Next Earnings Update | 25 Apr 2024 |
Recent past performance updates
Recent updates
Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Apr 19At US$58.13, Is Carrier Global Corporation (NYSE:CARR) Worth Looking At Closely?
Apr 01Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Mar 14Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market
Feb 12The Price Is Right For Carrier Global Corporation (NYSE:CARR)
Jan 20Carrier Global: Carrying Great Momentum Into 2024
Jan 09Is Carrier Global (NYSE:CARR) A Risky Investment?
Jan 02Carrier Global's (NYSE:CARR) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 12Carrier Global (NYSE:CARR) Has Some Way To Go To Become A Multi-Bagger
Dec 11Carrier: Cool Things Happening In 2024
Dec 05A Look At The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Nov 10Carrier Global: Trading At 20x FCF With Strong Margin Expansion; Maintain 'Strong Buy' Rating
Oct 30Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Oct 26Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Sep 26Carrier Global: A Compounder In Heat Pumps And Climate Solutions
Sep 16Carrier Global (NYSE:CARR) Could Be At Risk Of Shrinking As A Company
Sep 11Carrier Global: Rating Downgrade As Share Price Has Reflected Its Fair Value
Aug 10Are Carrier Global Corporation (NYSE:CARR) Investors Paying Above The Intrinsic Value?
Jul 31Should You Think About Buying Carrier Global Corporation (NYSE:CARR) Now?
Jul 19Did Carrier Just Become A Must-Own Stock? The Potential Behind The Viessmann Acquisition
Jul 03Johnson Controls Or Carrier Global? Picking The Winner
Jun 27Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Jun 13Carrier Global (NYSE:CARR) Has A Pretty Healthy Balance Sheet
Jun 04Carrier Global: Another Buying Opportunity Has Presented Itself
May 29Carrier Global (NYSE:CARR) Has Some Difficulty Using Its Capital Effectively
May 23Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Apr 24Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Apr 04Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Mar 13We Think Carrier Global (NYSE:CARR) Can Stay On Top Of Its Debt
Feb 28The Returns At Carrier Global (NYSE:CARR) Aren't Growing
Feb 16Carrier Global Q4 2022 Earnings Preview
Feb 06With EPS Growth And More, Carrier Global (NYSE:CARR) Makes An Interesting Case
Feb 03Carrier Global: Decent Upside Expected As Business Continues To Perform Well
Jan 26Carrier Global: Wait For A Better Price
Jan 16Estimating The Intrinsic Value Of Carrier Global Corporation (NYSE:CARR)
Dec 28Carrier Global: Good Growth Prospects
Dec 23Carrier Global raises quarterly dividend by 23% to $0.185/share
Dec 07Should You Investigate Carrier Global Corporation (NYSE:CARR) At US$43.89?
Nov 22Here's Why Carrier Global (NYSE:CARR) Can Manage Its Debt Responsibly
Nov 09Carrier: Hot And Cold
Oct 28Carrier Global declares $0.15 dividend
Oct 13Carrier Global: A Recalibration In Expectations
Oct 03Slowing Rates Of Return At Carrier Global (NYSE:CARR) Leave Little Room For Excitement
Sep 26Is Carrier Global Corporation (NYSE:CARR) Trading At A 31% Discount?
Sep 12Revenue & Expenses BreakdownBeta
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 |
---|---|---|---|---|
31 Dec 23 | 22,098 | 1,349 | 3,139 | 617 |
30 Sep 23 | 22,101 | 1,199 | 2,994 | 596 |
30 Jun 23 | 21,821 | 2,154 | 2,794 | 582 |
31 Mar 23 | 21,040 | 2,528 | 2,604 | 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: CARR has high quality earnings.
Growing Profit Margin: CARR's current net profit margins (6.1%) are lower than last year (17.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CARR's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: CARR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CARR had negative earnings growth (-61.8%) over the past year, making it difficult to compare to the Building industry average (12.1%).
Return on Equity
High ROE: CARR's Return on Equity (16%) is considered low.