Stock Analysis on Net

Carrier Global Corp. (NYSE:CARR)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 26, 2023.

Analysis of Reportable Segments

Microsoft Excel

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Segment Profit Margin

Carrier Global Corp., profit margin by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Segment profitability ratio Reportable segment The company
Segment profit margin HVAC HVAC segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Refrigeration Refrigeration segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.
Fire & Security Fire & Security segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Profit Margin: HVAC

Carrier Global Corp.; HVAC; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Net sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin HVAC HVAC segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Segment Profit Margin: Refrigeration

Carrier Global Corp.; Refrigeration; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Net sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Refrigeration Refrigeration segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Profit Margin: Fire & Security

Carrier Global Corp.; Fire & Security; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Net sales
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Fire & Security Fire & Security segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Return on Assets (Segment ROA)

Carrier Global Corp., ROA by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Segment profitability ratio Reportable segment The company
Segment ROA HVAC HVAC segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Refrigeration Refrigeration segment ROA improved from 2020 to 2021 and from 2021 to 2022.
Fire & Security Fire & Security segment ROA improved from 2020 to 2021 and from 2021 to 2022.

Segment ROA: HVAC

Carrier Global Corp.; HVAC; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Segment assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Segment assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA HVAC HVAC segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Segment ROA: Refrigeration

Carrier Global Corp.; Refrigeration; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Segment assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Segment assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Refrigeration Refrigeration segment ROA improved from 2020 to 2021 and from 2021 to 2022.

Segment ROA: Fire & Security

Carrier Global Corp.; Fire & Security; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating profit
Segment assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Segment assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Fire & Security Fire & Security segment ROA improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover

Carrier Global Corp., asset turnover by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Segment activity ratio Reportable segment The company
Segment asset turnover HVAC HVAC segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Refrigeration Refrigeration segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Fire & Security Fire & Security segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Asset Turnover: HVAC

Carrier Global Corp.; HVAC; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net sales
Segment assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Segment assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover HVAC HVAC segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Asset Turnover: Refrigeration

Carrier Global Corp.; Refrigeration; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net sales
Segment assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Segment assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Refrigeration Refrigeration segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment Asset Turnover: Fire & Security

Carrier Global Corp.; Fire & Security; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net sales
Segment assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Segment assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Fire & Security Fire & Security segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Capital Expenditures to Depreciation

Carrier Global Corp., capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation HVAC HVAC segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Refrigeration Refrigeration segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Fire & Security Fire & Security segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Capital Expenditures to Depreciation: HVAC

Carrier Global Corp.; HVAC; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation HVAC HVAC segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Capital Expenditures to Depreciation: Refrigeration

Carrier Global Corp.; Refrigeration; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Refrigeration Refrigeration segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment Capital Expenditures to Depreciation: Fire & Security

Carrier Global Corp.; Fire & Security; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Fire & Security Fire & Security segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.

Net sales

Carrier Global Corp., net sales by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security
Total

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Operating profit

Carrier Global Corp., operating profit by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security
Total

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Segment assets

Carrier Global Corp., segment assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security
Total

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Capital expenditures

Carrier Global Corp., capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security
Total

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Depreciation & amortization

Carrier Global Corp., depreciation & amortization by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
HVAC
Refrigeration
Fire & Security
Total

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).