Carrier Global CorporationCARR
NYSE • Industrials
$63.34
P/E
36.13
PEG
—
FCF Yield
—
Rev Growth YoY
-13.3% YoY
Gross Margin
19.9%
Health Score
5/10
D/E Ratio
0.92
Confidence
MEDIUM
Business Snapshot
Carrier Global Corporation is a leading provider of heating, ventilation, air conditioning (HVAC), refrigeration, and fire and security solutions, serving residential, commercial, and industrial customers globally. The company operates on the NYSE under the ticker CARR within the Industrials sector. Based on its trailing twelve-month revenue of $21.75B, Carrier qualifies as a large-cap industrial conglomerate.
Financial Health
**Score: 5/10** Carrier's balance sheet presents a mixed picture. Gross margin has deteriorated sharply, falling to 19.9% from 26.0% in the prior year — a 6-percentage-point compression that signals meaningful cost pressure or product mix shifts...
Risk Assessment
- **MARGIN DETERIORATION:** Gross margin compressed from 26.0% to 19.9% year-over-year, a 6.1-percentage-point decline that raises structural concerns about pricing power or cost control. - **EARNINGS COLLAPSE:** Earnings growth fell 85.5% year-over-year, and the most recent quarter showed net income of just $62M versus $591M two quarters prior — a dramatic sequential drop. - **REVENUE DECLINE:** Revenue contracted 13.3% both year-over-year and quarter-over-quarter, indicating a sustained top-line deterioration rather than a temporary blip. - **ELEVATED VALUATION AGAINST WEAK FUNDAMENTALS:** A P/E of 36.13x is 45% above the sector average of 25x at a time when both revenue and earnings are shrinking, creating meaningful downside risk if investor sentiment shifts. - **TECHNICAL BREAKDOWN:** A confirmed death cross (50-day MA crossing below 200-day MA) and a bearish MACD signal indicate negative price momentum, with the stock trading 21.9% below its 52-week high of $81.09. ---...