Carrier Global CARR
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Carrier Global (CARR) Business Model and Operations Summary
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
Key Insights
Carrier Global (CARR) Core Market Data and Business Metrics
Latest Closing Price
$63.54Market Cap
$54.67 BillionPrice-Earnings Ratio
10.33Total Outstanding Shares
863.99 Million SharesTotal Employees
48,000Dividend
$0.23 Per Share QuarterlyIPO Date
March 18, 2020SIC Description
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipPrimary Exchange
New York Stock ExchangeHeadquarters
13995 Pasteur Boulevard, Palm Beach Gardens, FL, 33418
Historical Stock Splits
Execution Date | Split Amount |
---|---|
No Historical Stock Splits |
Cash Flow Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Net Cash Flow From Operating Activities, Discontinued | $-1.01 Billion |
Net Cash Flow | $-6.10 Billion |
Net Cash Flow From Investing Activities | $-2.02 Billion |
Net Cash Flow From Investing Activities, Discontinued | $9 Billion |
Net Cash Flow From Investing Activities, Continuing | $-11.03 Billion |
Net Cash Flow, Continuing | $-14.06 Billion |
Income Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Income/Loss Before Equity Method Investments | $2.04 Billion |
Preferred Stock Dividends And Other Adjustments | $0 |
Benefits Costs and Expenses | $20.21 Billion |
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Net Income/Loss | $5.71 Billion |
Basic Earnings Per Share | $6.24 |
Comprehensive Income
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $104 Million |
Other Comprehensive Income/Loss | $-620 Million |
Comprehensive Income/Loss Attributable To Parent | $4.98 Billion |
Comprehensive Income/Loss | $5.09 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Accounts Payable | $2.46 Billion |
Current Liabilities | $7.89 Billion |
Assets | $37.40 Billion |
Fixed Assets | $3.00 Billion |
Inventory | $2.30 Billion |
Other Non-current Assets | $18.08 Billion |
Historical Dividends
Current dividend: $0.23 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Dec 6, 2024 | Feb 7, 2025 | Dec 20, 2024 | $0.225 | Quarterly |
Oct 10, 2024 | Nov 18, 2024 | Oct 25, 2024 | $0.19 | Quarterly |
Jun 6, 2024 | Aug 8, 2024 | Jun 21, 2024 | $0.19 | Quarterly |
Apr 18, 2024 | May 22, 2024 | May 3, 2024 | $0.19 | Quarterly |
Dec 6, 2023 | Feb 9, 2024 | Dec 21, 2023 | $0.19 | Quarterly |
Oct 12, 2023 | Nov 20, 2023 | Oct 27, 2023 | $0.185 | Quarterly |