Revenue segments as reported by the company.

Product sales

Service sales

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Equity method investment net earnings

Other income (expense), net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carrier Global

Carrier Global Corp. is a provider of HVAC, security and building automation technologies. The company operates through the following segments: HVAC, Refrigeration, and Fire and Security. The HVAC segment provides products, controls, services and solutions to meet the heating and cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. The Fire and Security segment provides a range of residential, commercial and industrial technologies and systems, and service solutions to protect people and property, including fire, flame, gas, smoke and carbon monoxide detection, portable fire extinguishers, fire suppression systems, intruder alarms, access control systems and video management systems, and electronic controls. The company was founded by Willis Carrier on June 26, 1915 and is headquartered in Palm Beach Gardens, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Carrier Global meets Q4 expectations, eyes growth amidst challenges

Carrier Global's Q4 performance met expectations, with a focus on key trends driving demand and strategic growth initiatives.
While facing challenges in Q1, opportunities lie in demand-driving incentives, strong order bookings, and pricing strategies.
The company remains optimistic for 2023, expecting solid growth, margin expansion, and improved refrigeration segment performance.
Strategic collaborations, productivity focus, and supply chain management are key strengths for future growth and optimization.

Carrier Global excels in Q1, acquires Viessmann for climate leadership

Carrier Global's strong Q1 performance and strategic acquisitions position it as a leader in climate solutions
Viessmann acquisition brings significant synergies and growth opportunities in renewable energy markets
Exiting non-core businesses to focus on HVAC underscores commitment to sustainable growth and operational excellence
Maintaining financial strength while pursuing growth initiatives highlights strategic balance and long-term vision

Carrier Global reports robust Q2 results, eyes sustainability and growth

Carrier Global's Q2 performance reflects strong sales growth and financial metrics, prompting an upward revision of full-year guidance across key indicators.
While facing challenges in lead times and backlog levels, the company's strategic strengths in sustainability, aftermarket solutions, and acquisitions position it for future growth.
Amidst operational hurdles, Carrier Global remains focused on addressing supply chain issues, seizing growth opportunities in key markets, and enhancing operational efficiency through technology investments.

Carrier Global (CARR) excels in Q3, eyes growth and acquisitions

Carrier Global (CARR) delivered a strong Q3 performance, positioning itself for continued growth in 2023 and beyond. With a focus on aftermarket revenue, margin expansion, and strategic acquisitions, the company is navigating challenges while capitalizing on opportunities in various segments.

Carrier Global reports strong Q4 earnings, eyes growth in China

Carrier Global demonstrated robust financial performance in Q4 2023 and 2023, driven by operational efficiency and strategic initiatives.
While facing short-term sales challenges and integration risks, the company remains well-positioned with diversified revenue streams and growth opportunities.
Opportunities in segment expansion, revenue synergies, and market diversification present avenues for sustained growth and profitability.
Strategic focus on sustainability, operational resilience, and market expansion underpin Carrier Global's outlook for continued success and value creation.

Carrier Global (CARR) surpasses Q1 expectations, eyes sustainability and growth

Carrier Global (CARR) exceeded Q1 expectations with strong financial performance, particularly in the HVAC segment. The company is strategically focusing on sustainability solutions, data center market opportunities, and aftermarket growth. Challenges include declines in certain segments and total company orders, but opportunities for growth and transformation are being actively pursued.

Carrier Global (CARR) reports strong Q2 performance and growth strategies

Carrier Global (CARR) showcased robust performance, strategic focus on growth, and operational efficiency improvements
The company's emphasis on innovation and market leadership in intelligent climate solutions is a key strength
While facing challenges in certain segments, Carrier Global is well-positioned to capitalize on growth opportunities
Overall, Carrier Global's Q2 2024 earnings call highlights a positive trajectory and strategic direction

Carrier Global (CARR) reports strong Q3 performance and sustainability focus

Carrier Global (CARR) delivered a solid performance in Q3 2024, with a focus on execution, growth, and value creation. The company is on track with its vision to lead in intelligent climate and energy solutions, while emphasizing innovation and sustainability initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Carrier Global Corp. engages in the provision of building and cold chain solutions. It also offers heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. The firm operates through the following segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, intermodal and rail, and commercial refrigeration products. The Fire & Security segment provides a range of residential, commercial, and industrial technologies to protect people and property. The company was founded by Willis Haviland Carrier on June 26, 1915 and is headquartered in Palm Beach Gardens, FL.

Daikin Industries Ltd

Watsco

With climate change heating up the world, it may surprise investors to see the stocks of companies providing heating, ventilation and air conditioning (HVAC) systems suffering alongside the rest of the market.

3 Top-Tier Stocks for the HVAC Rebound

Cool Off This Summer With These Top-Tier Stocks AC Stocks

Carrier solution will enable a high-efficiency HVAC system, reliable and resilient long-term operations and productive cost performance backed by Carrier expertise PALM BEACH GARDENS, Fla. , July 11, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has entered into an agreement with Office Partners XXIII Block G1 LLC (Office Partners) to design, build, own and operate the heating and air conditioning plant at the new FNB Financial Center in Pittsburgh.

Carrier to Offer Cooling-as-a-Service for the FNB Financial Center

PALM BEACH GARDENS, Fla. , July 5, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) will release its second quarter 2022 earnings on Thursday, July 28 and host a conference call and webcast at 7:30 a.m.

Carrier Second Quarter Earnings Advisory

Carrier Global's (CARR) Carrier Commercial Refrigeration unveils EasyCube plug-in island cabinet which is likely to aid its momentum among various stores.

Carrier (CARR) to Strengthen Refrigeration Segment Via EasyCube

Procter & Gamble

Collaboration to drive education, innovation and integrated solutions for improved indoor air quality and home safety PALM BEACH GARDENS, Fla. , June 16, 2022 /PRNewswire/ -- Carrier Global Corporation, through its indoor air quality and Kidde safety brands, and The Procter & Gamble Company's portfolio of Home Care brands, including Swiffer and Febreze, are announcing a collaborative effort to improve access to education and tools needed to create safer and healthier homes.

Carrier and P&G Join Forces to Create Healthier Homes

The No. 1 most installed fire safety brand in North America just got 'smarter' with Kidde's new suite of Wi-Fi enabled home safety detection devices MEBANE, N.C. , June 13, 2022 /PRNewswire/ -- Kidde, the No.

Kidde Introduces the Industry's First Integrated Smart Detection System for Smoke, Carbon Monoxide and Indoor Air Quality

Bringing the Power of Marketing 360 Technology to Carrier's Dealer Network FORT COLLINS, Colo. , June 2, 2022 /PRNewswire/ -- Marketing 360®, the #1 Marketing Platform® for Small Business, and Carrier , the world leader in high-technology heating, air conditioning and refrigeration solutions, today announced a collaboration that will bring the power of the Marketing 360 technology to Carrier HVAC dealers and technicians.

Marketing 360 and Carrier Collaborate to Provide Latest Digital Technology to HVAC Dealers

Carrier Global Corp (NYSE:CARR) has been middling above the $37 level for the past month -- struggling to rally from its April 28 annual low of $36.23.

Carrier Global Stock One of the Best to Own in June

Carrier Global Corporation (NYSE:CARR ) Wolfe Global Transportation and Industrials Conference Call May 24, 2022 9:10 AM ET Company Participants Patrick Goris - Chief Financial Officer Sam Pearlstein - Head of Investor Relations Conference Call Participants Nigel Coe - Managing Director, Wolfe Research, LLC Question-and-Answer Session Q - Nigel Coe And very pleased to have CFO, Patrick Goris; and Head of Investor Relations, Sam Pearlstein with us. I don't think you've got open remarks, Patrick.

Carrier Global Corporation (CARR) Presents at Wolfe Global Transportation and Industrials Conference (Transcript)

PALM BEACH GARDENS, Fla. , May 17, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the Wolfe Global Transportation & Industrials Conference on Tuesday, May 24, 2022 at 9:10 a.m.

Carrier to Present at the Wolfe Global Transportation & Industrials Conference 2022

Carrier Global reveals more opportunities, as the U.S.' decarbonization footprint shows only modest improvement. It benefits from a strong outlook for share repurchases and minimal operating impact from the conflict between Russia and Ukraine.

Carrier Global: Cooling Down From A Hot Bearish Market

PALM BEACH GARDENS, Fla. , May 4, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin will speak at the 2022 Goldman Sachs Industrials and Materials Conference on Tuesday, May 10, 2022 at 1:00 p.m.

Carrier to Present at the 2022 Goldman Sachs Industrials and Materials Conference

Carrier Global can help the climate and help your portfolio in one fell swoop.

Want an Unsung ESG Stock? Try This HVAC and Refrigeration Leader

Carrier's (CARR) first-quarter results reflect weak performance of the Refrigeration, and Fire & Security segments. Yet, a strong momentum of the HVAC segment aids the results.

Carrier (CARR) Q1 Earnings Beat Estimates, Revenues Down Y/Y

Carrier Global Corporation (NYSE:CARR ) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET Company Participants Sam Pearlstein - Vice President of Investor Relations David Gitlin - Chairman & Chief Executive Officer Patrick Goris - Chief Financial Officer Conference Call Participants Josh Pokrzywinski - Morgan Stanley Julian Mitchell - Barclays Andrew Obin - Bank of America Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Joe Ritchie - Goldman Sachs Deane Dray - RBC Capital Markets John Walsh - Credit Suisse Tommy Moll - Stephens Vlad Bystricky - Citigroup Jack Ayers - Cowen Brett Linzey - Mizuho Operator Good morning, and welcome to Carrier's First Quarter 2022 Earnings Conference Call. This call is being carried live on the Internet, and there is a presentation available to download on Carrier's website at ir.carrier.com.

Carrier Global Corporation (CARR) CEO David Gitlin on Q1 2022 Results - Earnings Call Transcript

Carrier Global (CARR) delivered earnings and revenue surprises of 14.89% and 3.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Carrier Global (CARR) Beats Q1 Earnings and Revenue Estimates

Net sales down 1% versus 2021 driven by the Chubb divestiture; organic sales up 10% GAAP EPS of $1.58 and adjusted EPS of $0.54 Operating margin up over 2,500 basis points due to the gain on the sale of Chubb; adjusted operating margin expansion of 110 basis points Price/cost neutral Net cash outflows from operating activities were $202 million and free cash flow usage was $258 million Reaffirming full-year 2022 outlook for sales, adjusted operating margin, adjusted EPS and free cash flow* PALM BEACH GARDENS, Fla., April 28, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today reported financial results for the first quarter of 2022 and reiterated its full year outlook.

Carrier Reports First Quarter 2022 Results

Carrier Global (CARR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Carrier Global (CARR) Might Surprise This Earnings Season

Carrier Global (CARR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Carrier Global (CARR) Keep the Earnings Surprise Streak Alive?

Carrier Global's (CARR) Marioff strengthens portfolio offerings with the introduction of the Marioff HI-FOG Land Pump Unit.

Carrier (CARR) Boosts Fire & Security Segment Via HI-FOG LPU

PALM BEACH GARDENS, Fla. , March 29, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for up to an aggregate principal amount of the outstanding senior notes listed in the table below (collectively, the "Securities" and each a "series") such that the aggregate amount payable upon settlement (exclusive of accrued and unpaid interest) (i) for all Securities purchased in the Tender Offers does not exceed $1,150,000,000 (the "Aggregate Tender Cap") and (ii) for the Company's 2.242% Senior Notes due 2025 (the "Notes due 2025") purchased in the Tender Offers does not exceed $800,000,000 (the "Series Tender Cap").

Carrier Announces Reference Yields for Its Cash Tender Offers for Its Outstanding Debt Securities

PALM BEACH GARDENS, Fla. , March 29, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the early tender results for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for up to an aggregate principal amount of the outstanding senior notes listed in the table below (collectively, the "Securities" and each a "series") such that the aggregate amount payable upon settlement (exclusive of accrued and unpaid interest) (i) for all Securities purchased in the Tender Offers does not exceed $1,150,000,000 (the "Aggregate Tender Cap") and (ii) for the Company's 2.242% Senior Notes due 2025 (the "Notes due 2025") purchased in the Tender Offers does not exceed $800,000,000 (the "Series Tender Cap").

Carrier Announces Early Results of Its Cash Tender Offers for Its Outstanding Debt Securities

Awards recognize organizations, products and people bringing AI to life and applying it to solve real problems KENNESAW, Ga. , March 23, 2022 /PRNewswire/ --  EcoEnergy Insights , a leading provider of Artificial Intelligence (AI) and Internet of Things (IoT)-enabled solutions and services, announced that its CORTIX™ platform won for pattern recognition at the 2022 Artificial Intelligence Excellence Awards organized by the Business Intelligence Group.

CORTIX Platform Named Winner in 2022 Artificial Intelligence Excellence Awards

Canadian National Railway Company

General Electric

Ryanair Hlds

Waste Management

Causeway Capital Management, the Los Angeles-based firm founded by Sarah Ketterer (Trades, Portfolio) and Harry Hartford in 2001, seeks to achieve superior risk-adjusted returns by investing in mispriced equities in both developed as well as emerging markets.

News for Carrier Global Stock (CARR)