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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Carrier Global's Enterprise Value is $70,995 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $2,381 Mil. Therefore, Carrier Global's EV-to-EBIT for today is 29.82.
The historical rank and industry rank for Carrier Global's EV-to-EBIT or its related term are showing as below:
During the past 7 years, the highest EV-to-EBIT of Carrier Global was 30.27. The lowest was 4.81. And the median was 14.55.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Carrier Global's Enterprise Value for the quarter that ended in Mar. 2024 was $68,804 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $2,381 Mil. Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.46%.
The historical data trend for Carrier Global's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carrier Global Annual Data | ||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
EV-to-EBIT | Get a 7-Day Free Trial | - | 12.94 | 22.49 | 8.84 | 21.77 |
Carrier Global Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 13.10 | 15.53 | 23.32 | 21.77 | 28.90 |
For the Building Products & Equipment subindustry, Carrier Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Construction industry and Industrials sector, Carrier Global's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Carrier Global's EV-to-EBIT falls into.
Carrier Global's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 70994.701 | / | 2381 | |
= | 29.82 |
Carrier Global's current Enterprise Value is $70,995 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,381 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carrier Global (NYSE:CARR) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.
Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) | = | EBIT | / | Enterprise Value (Q: Mar. 2024 ) |
= | 2381 | / | 68803.75846 | |
= | 3.46 % |
Carrier Global's Enterprise Value for the quarter that ended in Mar. 2024 was $68,804 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,381 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Carrier Global's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
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