Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Carrier Global's Enterprise Value is $78,173 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $6,081 Mil. Therefore, Carrier Global's EV-to-EBIT ratio for today is 12.86.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Carrier Global's Enterprise Value is $78,173 Mil.
Carrier Global's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was $7,308 Mil. Therefore, Carrier Global's EV-to-EBITDA ratio for today is 10.70.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Carrier Global's Enterprise Value is $78,173 Mil.
Carrier Global's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was $23,039 Mil. Therefore, Carrier Global's EV-to-Revenue ratio for today is 3.39.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Carrier Global's Enterprise Value is $78,173 Mil.
Carrier Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was $526 Mil. Therefore, Carrier Global's EV-to-FCF ratio for today is 148.62.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Carrier Global Enterprise Value Historical Data
The historical data trend for Carrier Global's Enterprise Value 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.
Competitive Comparison of Carrier Global's Enterprise Value
For the Building Products & Equipment subindustry, Carrier Global's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Construction Industry
For the Construction industry and Industrials sector, Carrier Global's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Carrier Global's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Carrier Global's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as
* 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 (NYSE:CARR) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Carrier Global's current Enterprise Value is $78,173 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,081 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Carrier Global's current Enterprise Value is $78,173 Mil.
Carrier Global's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,308 Mil.
Carrier Global's current Enterprise Value is $78,173 Mil.
Carrier Global's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $23,039 Mil.
Carrier Global's current Enterprise Value is $78,173 Mil.
Carrier Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $526 Mil.
* 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Carrier Global's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Carrier Global provides HVAC and refrigeration products and services that serve the global residential, commercial, and transportation markets. The company's HVAC businesses account for approximately 85% of consolidated revenue, with residential and light commercial HVAC and commercial HVAC representing about 60% and 25% of total revenue, respectively. Carrier's refrigeration segment, which accounts for approximately 15% of consolidated revenue, consists of its transportation refrigeration and Sensitech supply chain monitoring products and services.
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