Carrier Global Corp (N:CARR)

Business Focus: Heating, Ventilation & Air Conditioning Systems

Sector:  Industrials Industry:  Electrical Components & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 13995 Pasteur Boulevard
PALM BEACH GARDENS FL 33418
Tel: N/A
Website: https://www.carrier.com
IR: See website
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Key People
David L. Gitlin
Chairman of the Board, Chief Executive Officer
Patrick P. Goris
Chief Financial Officer, Senior Vice President
Jurgen Timperman
President - Fire and Security
Timothy N. White
President - Refrigeration
Nadia Villeneuve
Chief Human Resource Officer, Senior Vice President
Ajay Agrawal
Senior Vice President - Global Services and Healthy Buildings
Kevin J. O'Connor
Senior Vice President, Chief Legal Officer
Kyle Crockett
Vice President, Controller
 
Business Overview
Carrier Global Corp is engaged in intelligent climate and energy solutions with a focus on providing differentiated, digitally enabled lifecycle solutions. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. Its Commercial refrigeration solutions include refrigerated cabinets, freezers, systems and controls. Its Fire & Security segment provides a range of residential, commercial and industrial technologies designed to help protect people and property. Its products include fire, flame, gas, smoke and carbon monoxide detection, portable fire extinguishers, and electronic controls.
Financial Overview
For the fiscal year ended 31 December 2023, Carrier Global Corp revenues increased 8% to $22.1B. Net income decreased 62% to $1.35B. Revenues reflect HVAC segment increase of 13% to $15.14B, Fire & Security segment increase of 2% to $3.63B, Asia Pacific segment increase of 25% to $4.35B, United States Operations segment increase of 3% to $12.21B, Europe segment increase of 8% to $4.73B.
Employees: 53,000 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $52,325M as of Dec 31, 2023
Annual revenue (TTM): $22,098M as of Dec 31, 2023
EBITDA (TTM): $3,337M as of Dec 31, 2023
Net annual income (TTM): $1,349M as of Dec 31, 2023
Free cash flow (TTM): $1,361M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4,278M as of Dec 31, 2023
Shares outstanding: 900,102,917 as of Feb 27, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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