Carrier (CARR) stock price, revenue, and financials

Carrier market cap is $32.7 b, and annual revenue was $17.46 b in FY 2020

$32.7 B

CARR Mkt cap, 06-May-2022

$5.3 B

Carrier Revenue Q3, 2021
Carrier Gross profit (Q3, 2021)1.6 B
Carrier Gross profit margin (Q3, 2021), %30%
Carrier Net income (Q3, 2021)480 M
Carrier EBIT (Q3, 2021)828 M
Carrier Cash, 30-Sept-20212.7 B
Carrier EV40.3 B
Get notified regarding key financial metrics and revenue changes at CarrierLearn more
Banner background

Carrier Revenue

Carrier revenue was $17.46 b in FY, 2020 which is a 6.2% year over year decrease from the previous period.

Embed Graph

Carrier Revenue Breakdown

Embed Graph

Carrier revenue breakdown by business segment: 17.8% from Service and 82.2% from Product

Carrier revenue breakdown by geographic segment: 52.2% from United States, 28.3% from Europe, 15.2% from Asia Pacific and 4.4% from Other

Carrier Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

18.9b18.6b17.5b

Revenue growth, %

6%(2%)(6%)

Cost of goods sold

13.3b13.2b12.3b

Gross profit

5.6b5.4b5.1b

Gross profit Margin, %

29%29%29%

R&D expense

400.0m401.0m419.0m

General and administrative expense

2.7b2.8b2.8b

Operating expense total

3.1b3.2b3.2b

EBIT

3.6b2.5b3.1b

EBIT margin, %

19%13%18%

Interest expense

84.0m75.0m298.0m

Interest income

121.0m102.0m10.0m

Pre tax profit

3.8b2.7b2.9b

Income tax expense

1.1b517.0m849.0m

Net Income

2.8b2.2b2.0b

EPS

3.22.42.3

Carrier Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

1.1b952.0m3.1b

Accounts Receivable

2.7b2.7b2.8b

Inventories

1.4b1.3b1.6b

Current Assets

6.1b6.0b8.5b

PP&E

1.7b1.7b1.8b

Goodwill

9.8b9.9b10.1b

Total Assets

21.7b22.4b25.1b

Accounts Payable

1.9b1.7b1.9b

Short-term debt

237.0m191.0m

Current Liabilities

4.5b4.5b5.1b

Long-term debt

764.0m10.7b

Total Debt

1.0b10.9b

Total Liabilities

7.5b8.0b18.5b

Common Stock

9.0m

Additional Paid-in Capital

5.3b

Retained Earnings

1.6b

Total Equity

14.3b14.4b6.6b

Debt to Equity Ratio

0.1 x1.7 x

Debt to Assets Ratio

0 x0.4 x

Financial Leverage

1.5 x1.6 x3.8 x

Carrier Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

2.8b2.2b2.0b

Depreciation and Amortization

357.0m335.0m336.0m

Accounts Receivable

(211.0m)(129.0m)49.0m

Inventories

(151.0m)(2.0m)(240.0m)

Accounts Payable

88.0m(296.0m)237.0m

Cash From Operating Activities

2.1b2.1b1.7b

Purchases of PP&E

(263.0m)(243.0m)(312.0m)

Cash From Investing Activities

415.0m(259.0m)1.1b

Long-term Borrowings

(138.0m)(1.9b)

Dividends Paid

(46.0m)(28.0m)(186.0m)

Cash From Financing Activities

(2.6b)(2.0b)(681.0m)

Net Change in Cash

(196.0m)(177.0m)2.2b

Carrier Ratios

USDFY, 2018

Revenue/Employee

347.8k

Financial Leverage

1.5 x

Carrier Operating Metrics

FY, 2018FY, 2019FY, 2020

Manufacturing Space, sq. ft.

35 m35 m

Patents and Patent Applications

7 k8 k

Production Sites

1.2 k1.2 k

Remaining Performance Obligations

$5.3 b$4.7 b$5.4 b

Remaining Performance Obligations (Fire & Security)

$1.2 b$1.3 b

Remaining Performance Obligations (HVAC)

$2.7 b$3 b

Remaining Performance Obligations (Refrigeration)

$836 m$1.1 b

Twelve-Month Remaining Performance Obligations

$3.01 b$3.83 b

Carrier Human Capital

Gender

FY, 2019FY, 2015
Male (Executive Leadership), percent34.5%80%
Female (Executive Leadership), percent15.5%20%
Male, percent37%
Female, percent13%

Carrier Employee Rating

3796 votes
Culture & Values
2.9
Work/Life Balance
3.1
Senior Management
2.5
Salary & Benefits
3.3
Career Opportunities
2.8
Source