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Carrier Global (Carrier Global) EV-to-EBITDA : 22.89 (As of May. 04, 2024)


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What is Carrier Global EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Carrier Global's enterprise value is $70,995 Mil. Carrier Global's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $3,101 Mil. Therefore, Carrier Global's EV-to-EBITDA for today is 22.89.

The historical rank and industry rank for Carrier Global's EV-to-EBITDA or its related term are showing as below:

CARR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.22   Med: 13.17   Max: 23.24
Current: 22.89

During the past 7 years, the highest EV-to-EBITDA of Carrier Global was 23.24. The lowest was 4.22. And the median was 13.17.

CARR's EV-to-EBITDA is ranked worse than
84.04% of 1385 companies
in the Construction industry
Industry Median: 9.32 vs CARR: 22.89

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-04), Carrier Global's stock price is $62.09. Carrier Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.430. Therefore, Carrier Global's PE Ratio for today is 43.42.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Carrier Global EV-to-EBITDA Historical Data

The historical data trend for Carrier Global's EV-to-EBITDA 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.

* Premium members only.

Carrier Global EV-to-EBITDA Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial - 11.70 19.73 8.16 17.82

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-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.61 13.38 18.84 17.82 22.19

Competitive Comparison of Carrier Global's EV-to-EBITDA

For the Building Products & Equipment subindustry, Carrier Global's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Carrier Global's EV-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carrier Global's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Carrier Global's EV-to-EBITDA falls into.



Carrier Global EV-to-EBITDA Calculation

Carrier Global's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=70994.701/3101
=22.89

Carrier Global's current Enterprise Value is $70,995 Mil.
Carrier Global's EBITDA 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 $3,101 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-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Carrier Global's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=62.09/1.430
=43.42

Carrier Global's share price for today is $62.09.
Carrier Global's Earnings per Share (Diluted) 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 $1.430.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Carrier Global EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Carrier Global's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Carrier Global (Carrier Global) Business Description

Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.
Executives
Ajay Agrawal officer: VP, Strategy & Services 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Kyle Crockett officer: Vice President, Controller 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Jurgen Timperman officer: President, Fire & Security 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Kevin J. O'connor officer: VP, Chief Legal Officer 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Susan N Story director ONE ENERGY PLACE, PENSCOLA FL 32520
Timothy N White officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Christopher John Nelson officer: President, HVAC 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David Appel officer: President, Refrigeration 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS GA 33418
Beth Wozniak director 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Patrick P. Goris officer: Senior Vice President & CFO 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John J Greisch director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
David L. Gitlin officer: President and CEO UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Jean Pierre Garnier director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Virginia M Wilson director WYNDHAM WORLDWIDE CORPORATION, 7 SYLVAN WAY, PARSIPPANY NJ 07054
Nadia Villeneuve officer: See Remarks 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418