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Upturn AI SWOT - About
CARR 
Carrier Global Corp (CARR)
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Upturn Advisory Summary
03/27/2025: CARR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 21.88% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 54.78B USD | Price to earnings Ratio 51.97 | 1Y Target Price 79.37 |
Price to earnings Ratio 51.97 | 1Y Target Price 79.37 | ||
Volume (30-day avg) 5636728 | Beta 1.23 | 52 Weeks Range 52.69 - 82.82 | Updated Date 03/31/2025 |
52 Weeks Range 52.69 - 82.82 | Updated Date 03/31/2025 | ||
Dividends yield (FY) 1.42% | Basic EPS (TTM) 1.22 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 24.92% | Operating Margin (TTM) 8.22% |
Management Effectiveness
Return on Assets (TTM) 4.15% | Return on Equity (TTM) 10.36% |
Valuation
Trailing PE 51.97 | Forward PE 21.14 | Enterprise Value 63517812064 | Price to Sales(TTM) 2.44 |
Enterprise Value 63517812064 | Price to Sales(TTM) 2.44 | ||
Enterprise Value to Revenue 2.82 | Enterprise Value to EBITDA 15.55 | Shares Outstanding 863987968 | Shares Floating 807269557 |
Shares Outstanding 863987968 | Shares Floating 807269557 | ||
Percent Insiders 6.94 | Percent Institutions 86.77 |
Analyst Ratings
Rating 3.73 | Target Price 81.7 | Buy 3 | Strong Buy 9 |
Buy 3 | Strong Buy 9 | ||
Hold 13 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Carrier Global Corp
Company Overview
History and Background
Carrier Global Corp. was founded in 1915 by Willis Carrier. It was originally part of United Technologies Corporation (UTC). In 2020, Carrier was spun off as an independent, publicly traded company.
Core Business Areas
- HVAC: Provides heating, ventilating, and air conditioning (HVAC) systems and services for residential, commercial, and industrial applications.
- Refrigeration: Offers transport refrigeration and commercial refrigeration solutions.
- Fire & Security: Develops and manufactures fire safety, security, and building automation technologies.
Leadership and Structure
Carrier is led by Chairman & CEO David Gitlin. The organizational structure is divided into the aforementioned business segments, with each segment having its own leadership team.
Top Products and Market Share
Key Offerings
- HVAC Systems: Includes air conditioners, heat pumps, furnaces, and building automation systems. Competitors include Trane Technologies (TT), Lennox International (LII), and Johnson Controls (JCI). Estimated market share is around 20-25% overall in HVAC but varies widely by region and product type. Revenue from this product is not publicly broken down.
- Transport Refrigeration: Includes refrigeration units for trucks, trailers, and containers. Competitors include Thermo King (part of Trane Technologies) and Daikin Industries. The market share of transport refrigeration is about 30%. Revenue from this product is not publicly broken down.
- Fire Detection & Suppression: Includes fire alarms, suppression systems, and smoke detectors. Competitors include Johnson Controls (JCI), Honeywell (HON) and Siemens. The market share of Fire Detection & Suppression is about 10-15%. Revenue from this product is not publicly broken down.
Market Dynamics
Industry Overview
The HVAC, refrigeration, and fire & security industries are experiencing growth driven by factors such as rising global temperatures, increasing urbanization, stringent building codes, and growing demand for energy-efficient solutions.
Positioning
Carrier is a global leader in HVAC, refrigeration, and fire & security solutions. Its competitive advantages include its brand recognition, global distribution network, and focus on innovation and sustainability.
Total Addressable Market (TAM)
The combined TAM for HVAC, refrigeration, and fire & security is estimated to be in the hundreds of billions of dollars globally. Carrier is well-positioned to capture a significant share of this market, leveraging its diversified portfolio and global presence.
Upturn SWOT Analysis
Strengths
- Strong Brand Recognition
- Global Distribution Network
- Diversified Product Portfolio
- Focus on Innovation and Sustainability
- Large installed base of equipment generating recurring service revenue.
Weaknesses
- Exposure to Cyclical Industries
- High Debt Levels (related to spin-off)
- Dependence on Raw Material Prices
- Intense Competition
Opportunities
- Growth in Emerging Markets
- Increasing Demand for Energy-Efficient Solutions
- Adoption of Smart Building Technologies
- Expansion of Service Offerings
- Acquisitions in Adjacent Markets
Threats
- Economic Downturns
- Rising Raw Material Costs
- Increased Competition from Low-Cost Manufacturers
- Changes in Regulations
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- TT
- JCI
- LII
- HON
Competitive Landscape
Carrier has a strong brand and a diversified product portfolio, but faces intense competition from other large players like Trane Technologies, Johnson Controls, Lennox International, and Honeywell. Its global reach gives it an edge, but cost competitiveness remains crucial.
Major Acquisitions
Vian Enterprises
- Year: 2023
- Acquisition Price (USD millions): 270
- Strategic Rationale: To enhance Carrier's commercial refrigeration capabilities and expand its reach in the food retail sector.
Growth Trajectory and Initiatives
Historical Growth: Carrier's revenue has grown moderately in recent years, driven by increased demand for its products and services.
Future Projections: Analysts project continued growth for Carrier, driven by factors such as increasing urbanization and demand for energy-efficient solutions. Revenue growth is expected to be in the mid-single digits annually.
Recent Initiatives: Recent initiatives include strategic acquisitions, expansion of service offerings, and investments in research and development.
Summary
Carrier is a well-established company with a strong brand and a diversified product portfolio. Its strengths lie in its global presence and innovation, but it faces challenges due to high debt and intense competition. Future growth depends on capitalizing on emerging market opportunities and managing costs effectively, as well as dealing with interest rate costs on high debts. While it's a solid company, it has to keep a close eye on the economic climate in the event of rising costs.
Similar Companies
- TT
- JCI
- LII
- HON
Sources and Disclaimers
Data Sources:
- Carrier Global Corp. Investor Relations, Industry Reports, Analyst Estimates, MarketWatch, Yahoo Finance
Disclaimers:
This analysis is based on publicly available information and analyst estimates, and it is subject to change. It is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Carrier Global Corp
Exchange NYSE | Headquaters Palm Beach Gardens, FL, United States | ||
IPO Launch date 2020-04-03 | Chairman & CEO Mr. David L. Gitlin | ||
Sector Industrials | Industry Building Products & Equipment | Full time employees 48000 | |
Full time employees 48000 | |||
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates in two segments, Heating, Ventilating and Air Conditioning (HVAC), and Refrigeration. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, building automation systems, aftermarket components, and repair and maintenance services and rentals, as well as modernization and upgrades. The Refrigeration segment offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
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