Carrier Global (XTER:4PN) Capex-to-Operating-Income : 0.21 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Carrier Global Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Carrier Global's Capital Expenditure for the three months ended in Mar. 2024 was €-95.68 Mil. Its Operating Income for the three months ended in Mar. 2024 was €456.32 Mil.

Hence, Carrier Global's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.21.

Carrier Global Capex-to-Operating-Income Historical Data

The historical data trend for Carrier Global's Capex-to-Operating-Income 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 Capex-to-Operating-Income Chart

Carrier Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

Get a 7-Day Free Trial

0.10

0.16

0.14

0.15

0.19

Carrier Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Capex-to-Operating-Income	Get a 7-Day Free Trial															0.14	0.09	0.11	0.77	0.21

Competitive Comparison of Carrier Global's Capex-to-Operating-Income

For the Building Products & Equipment subindustry, Carrier Global's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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 Capex-to-Operating-Income Distribution in the Construction Industry

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

* The bar in red indicates where Carrier Global's Capex-to-Operating-Income falls into.

Carrier Global Capex-to-Operating-Income Calculation

Carrier Global's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-430.073)	/	2263.156
	=	0.19

Carrier Global's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-95.68)	/	456.32
	=	0.21

Carrier Global (XTER:4PN) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Carrier Global Capex-to-Operating-Income Related Terms

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

Carrier Global (XTER:4PN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (XTER:4PN) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

CARR:USA CARR:Mexico C1RR34:Brazil CARG:Austria

Address

13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418

Website

https://www.corporate.carrier.com

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.

Carrier Global (XTER:4PN) Headlines

No Headlines