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Carrier Global Corp Ordinary Shares CARR Stock Quote

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  • Last Close 52.87
  • Sector Industrials
  • Industry Building Products & Equipment
  • Investment Style Large Blend
  • Day Range 52.40  –  53.39
  • Year Range 33.10  –  60.04
  • Market Cap 44.2854 Bil
  • Volume / Avg 3.5 Mil /  4.8 Mil
  • Price / Sales 2.07
  • Price / Book 5.55
  • Forward Div Yield 1.50%
  • Trailing Div Yield 1.33%

Morningstar‘s Stock Analysis CARR

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1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Incentives and Speculative Building Have Boosted New-Home Sales; We Now See More Starts in 2023

Brian Bernard Sector Director

Analyst Note

| Brian Bernard |

New-home sales have remained resilient despite worsening housing affordability in recent months amid rising mortgage rates, with little relief in home prices in most markets. Year-to-date new-home sales through July were about even with the year-ago period, compared with a 22% decline in existing-home sales. The key to homebuilders’ relative success this year has been their ability to improve affordability by offering sales incentives, lowering base prices, and building smaller homes. According to the National Association of Home Builders, the share of builders offering incentives was 55% in August, up from 52% in July but down from 62% last year. One fourth of homebuilders reported lowering base prices by 6% on average. Homebuilders have also boosted production of speculative homes to capitalize on the tight supply of existing for-sale homes. Spec building also helps builders better manage construction cycle times and costs.

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Key Statistics CARR

Company Profile CARR

Business Description

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.

13995 Pasteur Boulevard
Palm Beach Gardens, FL, 33418
Industry Building Products & Equipment
Employees 52,000

Related Articles CARR

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CARR’s competitive advantage.

Carrier Global Corp Ordinary Shares


Honeywell International Inc


Trane Technologies PLC Class A


Johnson Controls International PLC

+$0.31 (0.59%) −$1.65 (0.86%) +$2.43 (1.23%) +$0.30 (0.55%)
Market Cap
44.29 Bil126.01 Bil45.78 Bil37.52 Bil
Building Products & Equipment Conglomerates Building Products & Equipment Building Products & Equipment

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Carrier Global Corp Ordinary Shares Stock

Yes. CARR has a forward dividend yield of 1.40%. See CARR’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CARR’s market cap is 44.29 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CARR’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CARR’s price/sales is 2.07.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CARR’s price/forward earnings is 20.98.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CARR’s price/book is 5.55.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CARR’s valuation ratios compared to the Market Index.

CARR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CARR’s historical performance against its industry peers and the overall market.