NYSE · CARR
Carrier Global Corporation
Industrials · Industrial - Machinery
$53.63▼ 3.44% ($1.91)at close
As of 4:00 PM ET
Valuation
Cash-flow DCF
A cash-flow estimate wouldn't be reliable here
Enterprise value of $187.47M does not cover net debt, preferred stock and minority interest of $10.49B, so equity value is negative and no fair value per share can be shown. The projected cash flows are positive; the shortfall is in the equity bridge, not the forecast.
Effective tax rate could not be derived — using 21% US default.
3 more notes
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
Reported total debt includes capitalised leases (~3% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
Data notes
Effective tax rate could not be derived — using 21% US default.
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
Reported total debt includes capitalised leases (~3% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
- Stage 1 growth, yrs 1–5
- 1.0%
- Stage 2 growth, yrs 6–10
- 3.5%
- Discount rate
- 8.6%
USD · TTM ending Sep 30, 2026 · Price used $53.63 · Price Oct 30, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 8.87% over the last year. Revenue grew 3.33% over the trailing twelve months. Operating margin moved from 10.12% to -5.3%. Free cash flow grew 108.61% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -5.3%. A decisive move in revenue — currently up 3.33% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
14
Buy
13
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Feb 4, 2027
Q4 FY26 · EPS est $0.62 · Revenue est $5.9B
Same quarter, year over year
FY26 YTD +2.7%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q3 combined $2.30 vs $2.24 · 1 of 3 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
FY25
FY24
FY23
—
—
—
—
Fiscal year totals
- FY25
- $2.58
- -9.8%
- FY24
- $2.86
- —
Q3 FY26
Reported Oct 29, 2026 · Latest
HoverTap a cell to inspect
Actual
$0.87
Estimate
$0.76
Year over year
+29.9%
Vs prior quarter
+1.2%
Institutional Sentiment
Carrier Global Corporation · CARR
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.