GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (BSP:C1RR34) » Definitions » EV-to-EBIT

Carrier Global (BSP:C1RR34) EV-to-EBIT : 23.07 (As of Apr. 25, 2024)


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

What is Carrier Global EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Carrier Global's Enterprise Value is R$280,698 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$12,167 Mil. Therefore, Carrier Global's EV-to-EBIT for today is 23.07.

The historical rank and industry rank for Carrier Global's EV-to-EBIT or its related term are showing as below:

BSP:C1RR34' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.81   Med: 14.46   Max: 24.57
Current: 22.2

During the past 7 years, the highest EV-to-EBIT of Carrier Global was 24.57. The lowest was 4.81. And the median was 14.46.

BSP:C1RR34's EV-to-EBIT is ranked worse than
79.14% of 1333 companies
in the Construction industry
Industry Median: 11.42 vs BSP:C1RR34: 22.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Carrier Global's Enterprise Value for the quarter that ended in Dec. 2023 was R$259,054 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$12,167 Mil. Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.70%.


Carrier Global EV-to-EBIT Historical Data

The historical data trend for Carrier Global's EV-to-EBIT 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 EV-to-EBIT Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - 12.94 22.49 8.84 21.77

Carrier Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.84 13.10 15.53 23.32 21.77

Competitive Comparison of Carrier Global's EV-to-EBIT

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

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

* The bar in red indicates where Carrier Global's EV-to-EBIT falls into.



Carrier Global EV-to-EBIT Calculation

Carrier Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=280697.614/12166.679
=23.07

Carrier Global's current Enterprise Value is R$280,698 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$12,167 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  (BSP:C1RR34) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=12166.679/259054.3658
=4.70 %

Carrier Global's Enterprise Value for the quarter that ended in Dec. 2023 was R$259,054 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$12,167 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 EV-to-EBIT Related Terms

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


Carrier Global (BSP:C1RR34) Business Description

Traded in Other Exchanges
Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
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 (BSP:C1RR34) Headlines

No Headlines