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Carrier Global (Carrier Global) FCF Yield % : 3.62 (As of May. 04, 2024)


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What is Carrier Global FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Carrier Global's Trailing 12-Month Free Cash Flow is $2,024 Mil, and Market Cap is $55,944 Mil. Therefore, Carrier Global's FCF Yield % for today is 3.62%.

The historical rank and industry rank for Carrier Global's FCF Yield % or its related term are showing as below:

CARR' s FCF Yield % Range Over the Past 10 Years
Min: 2.27   Med: 4.24   Max: 17.17
Current: 3.62


During the past 7 years, the highest FCF Yield % of Carrier Global was 17.17%. The lowest was 2.27%. And the median was 4.24%.

CARR's FCF Yield % is ranked better than
55.24% of 1669 companies
in the Construction industry
Industry Median: 2.34 vs CARR: 3.62

Carrier Global's FCF Margin % for the quarter that ended in Mar. 2024 was -1.04%.


Carrier Global FCF Yield % Historical Data

The historical data trend for Carrier Global's FCF Yield % 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 FCF Yield % Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - 4.22 4.04 4.04 4.43

Carrier Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % 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 0.52 2.98 8.20 6.87 -0.49

Competitive Comparison of Carrier Global's FCF Yield %

For the Building Products & Equipment subindustry, Carrier Global's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carrier Global's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Carrier Global's FCF Yield % falls into.



Carrier Global FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Carrier Global's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=2138 / 48252.8295
=4.43%

Carrier Global's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-64 * 4 / 52371.75846
=-0.49%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Carrier Global FCF Yield % Related Terms

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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