Carrier Historical Financial Ratios
| CARR Stock | USD 78.87 1.87 2.43% |
Carrier Global is presently reporting on over 103 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0082, PTB Ratio of 2.79 or Days Sales Outstanding of 64.21 will help investors to properly organize and evaluate Carrier Global Corp financial condition quickly.
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About Carrier Financial Ratios Analysis
Carrier Global CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Carrier Global investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Carrier financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Carrier Global history.
Carrier Global Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Carrier Global Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Carrier Global sales, a figure that is much harder to manipulate than other Carrier Global Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Carrier Global Corp dividend as a percentage of Carrier Global stock price. Carrier Global Corp dividend yield is a measure of Carrier Global stock productivity, which can be interpreted as interest rate earned on an Carrier Global investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Effective Tax Rate
Effective Tax Rate is the average rate at which Carrier Global Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Carrier Global total tax expenses by Carrier Global earnings before taxes.Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most ratios from Carrier Global's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Carrier Global Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Carrier Global's Payout Ratio is relatively stable compared to the past year. As of 11/26/2024, Income Quality is likely to grow to 1.90, while Dividend Yield is likely to drop 0.01.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00886 | 0.0146 | 0.0129 | 0.00816 | Price To Sales Ratio | 2.28 | 1.7 | 2.18 | 1.11 |
Carrier Global fundamentals Correlations
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Carrier Global Account Relationship Matchups
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Carrier Global fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.56 | 1.87 | 2.28 | 1.7 | 2.18 | 1.11 | |
| Ptb Ratio | 0.74 | 5.23 | 6.95 | 4.48 | 5.54 | 2.79 | |
| Days Sales Outstanding | 62.06 | 71.87 | 51.46 | 60.23 | 46.03 | 64.21 | |
| Book Value Per Share | 16.66 | 7.59 | 8.18 | 9.58 | 10.75 | 13.56 | |
| Operating Cash Flow Per Share | 2.31 | 1.95 | 2.58 | 2.07 | 3.11 | 1.92 | |
| Stock Based Compensation To Revenue | 0.003117 | 0.005041 | 0.005385 | 0.003036 | 0.003665 | 0.002798 | |
| Capex To Depreciation | 0.74 | 0.73 | 0.93 | 1.02 | 0.87 | 0.7 | |
| Pb Ratio | 0.74 | 5.23 | 6.95 | 4.48 | 5.54 | 2.79 | |
| Ev To Sales | 0.54 | 2.33 | 2.63 | 1.99 | 2.39 | 1.25 | |
| Free Cash Flow Per Share | 2.03 | 1.59 | 2.18 | 1.65 | 2.55 | 1.62 | |
| Roic | 0.18 | 0.14 | 0.0896 | 0.11 | 0.12 | 0.0691 | |
| Inventory Turnover | 9.9 | 7.58 | 7.43 | 5.67 | 7.09 | 8.76 | |
| Net Income Per Share | 2.44 | 2.29 | 1.92 | 4.19 | 1.61 | 1.94 | |
| Days Of Inventory On Hand | 36.86 | 48.16 | 49.14 | 64.42 | 51.49 | 37.89 | |
| Payables Turnover | 7.75 | 6.38 | 6.27 | 5.28 | 5.73 | 7.12 | |
| Research And Ddevelopement To Revenue | 0.0215 | 0.024 | 0.0244 | 0.0264 | 0.0279 | 0.019 | |
| Capex To Revenue | 0.0131 | 0.0179 | 0.0167 | 0.0173 | 0.0212 | 0.0135 | |
| Cash Per Share | 1.1 | 3.59 | 3.44 | 4.17 | 11.96 | 12.56 | |
| Pocfratio | 5.19 | 19.32 | 21.04 | 19.96 | 18.45 | 10.74 | |
| Interest Coverage | 33.21 | 7.05 | 8.29 | 7.99 | 6.34 | 6.03 | |
| Pfcf Ratio | 5.91 | 23.68 | 24.86 | 25.03 | 22.5 | 12.99 | |
| Days Payables Outstanding | 47.07 | 57.23 | 58.22 | 69.13 | 63.69 | 45.8 | |
| Income Quality | 0.93 | 0.84 | 1.32 | 0.49 | 1.81 | 1.9 | |
| Roe | 0.15 | 0.32 | 0.25 | 0.46 | 0.16 | 0.18 | |
| Ev To Operating Cash Flow | 5.06 | 23.99 | 24.27 | 23.32 | 20.24 | 12.1 | |
| Pe Ratio | 4.91 | 16.49 | 28.28 | 9.84 | 35.66 | 37.44 | |
| Return On Tangible Assets | 0.18 | 0.14 | 0.1 | 0.24 | 0.0567 | 0.0538 | |
| Ev To Free Cash Flow | 5.76 | 29.42 | 28.68 | 29.24 | 24.68 | 14.66 | |
| Earnings Yield | 0.2 | 0.0606 | 0.0354 | 0.1 | 0.028 | 0.0266 | |
| Intangibles To Total Assets | 0.49 | 0.45 | 0.38 | 0.43 | 0.27 | 0.48 | |
| Net Debt To E B I T D A | (0.0907) | 3.28 | 2.49 | 2.02 | 1.66 | 0.99 | |
| Current Ratio | 1.33 | 1.67 | 1.72 | 1.64 | 2.73 | 2.86 | |
| Tangible Book Value Per Share | 4.0 | (5.31) | (3.19) | (3.85) | (0.0143) | (0.015) | |
| Receivables Turnover | 5.88 | 5.08 | 7.09 | 6.06 | 7.93 | 5.1 | |
| Graham Number | 29.91 | 19.27 | 18.34 | 29.45 | 19.38 | 27.21 | |
| Shareholders Equity Per Share | 16.28 | 7.22 | 7.8 | 9.2 | 10.36 | 13.13 |
Pair Trading with Carrier Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Carrier Stock
Moving against Carrier Stock
The ability to find closely correlated positions to Carrier Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier Global Corp to buy it.
The correlation of Carrier Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier Global Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carrier Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Carrier Stock Analysis
When running Carrier Global's price analysis, check to measure Carrier Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.