Carrier Global Corporation (CARR)财务
NYSE · Industrials · Industrial - Machinery · 员工47,000人 · CEO David L. Gitlin
- 股价
- $53.63 -3.44%
- 市值
- $439亿
- 企业价值
- $544亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-02-04 EPS预期 $0.62
营收(TTM)$228亿+3.3% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-5.3%-15.4 百分点 对比去年同期营业利润 -$12.1亿
净利润(TTM)-$18亿-145.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$23.5亿+108.6% 对比去年同期资本支出 $4.81亿
稀释EPS(TTM)-$2.22-149.4% 对比去年同期最近4个季度之和
净现金-$105亿+3.6% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $439亿 EV $544亿
- 营收
- $228亿 过去12个月
- 营收增速
- +9% FY2026年一致预期
- 净利润率
- -7.9% 净利润 / 营收,TTM
- P/E
- -24.3× 预期 18.7×(FY2026)
- P/S
- 1.9× 股价 / 营收,TTM
- EV / EBITDA
- 227.6× TTM
- 自由现金流
- $23.5亿 过去12个月
- 净利润
- -$18亿 过去12个月
- 营收预期
- $237亿 FY2026年一致预期
- 盈利
- 2027-02-04 营收预期 $58.5亿
- 股息
- $0.96 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期2.8%,EPS 超预期14.8%营收$62.6亿,预期$60.9亿(+2.8%);EPS $0.87,预期$0.76(+14.8%)。
- 营收增长加速:同比12.3%Q3 '26营收$62.6亿,此前四个季度的平均值为-1.6%。
- 营业利润率-5.3%(TTM),较去年同期-15.4 百分点营收增长3.3%,营业利润增长-154.2%。
- 资本支出占营收的2.1%(去年为2.2%)最近4个季度投入$4.81亿(同比+0.6%)。自由现金流$23.5亿。
- 股东回报$24.1亿 = 自由现金流的102.5%回购$16.2亿(去年为$39.3亿),股息$7.87亿,股权激励$4700万(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内减少4.3%Q3 '26稀释股数8.22亿,一年前为8.59亿。
- 净债务 $105亿现金 + 短期投资 $13.5亿,含租赁债务 $119亿;一年前净债务 $109亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $62.6亿 | $55.8亿 | +12.3% |
| 毛利率 | 26.9% | 26.0% | +0.9 百分点 |
| 营业利润 | -$22.7亿 | $4.95亿 | -559.2% |
| 营业利润率 | -36.3% | 8.9% | -45.2 百分点 |
| 净利润 | -$25.9亿 | $4.28亿 | -705.8% |
| 稀释EPS | -$3.16 | $0.50 | -732.0% |
| 经营现金流 | $8.13亿 | $3.41亿 | +138.4% |
| 资本支出 | $1.39亿 | $1.17亿 | +18.8% |
| 自由现金流 | $6.74亿 | $2.24亿 | +200.9% |
| R&D | $1.54亿 | $1.51亿 | +2.0% |
| 股权激励费用 | $700万 | $1100万 | -36.4% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $62.6亿 | $60.9亿 | +2.8% |
| EPS(一致预期口径) | $0.87 | $0.76 | +14.8% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $55.9亿 | +13.8% | 89.2% | $200亿 | -15.6% | |
| Service | $6.78亿 | +0.7% | 10.8% | $27.7亿 | -8.0% |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $35.3亿 | +23.3% | 56.3% | $118亿 | +10.3% | |
| Europe | $15.9亿 | +2.1% | 25.4% | $63.3亿 | +13.4% | |
| Asia Pacific | $9.71亿 | +1.0% | 15.5% | $39.4亿 | +8.6% | |
| Other Geographical Region | $1.73亿 | -12.6% | 2.8% | $6.86亿 | +14.3% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| HVAC Segment | – | – | – | – | – | – | – |
| Refrigeration Segment | – | – | – | – | – | – | – |
| Corporate (unallocated) | – | – | – | – | – | – | – |
| Climate Solutions Americas Segment | – | – | $7.45亿 | +39.8% | – | – | – |
| Climate Solutions Europe Segment | – | – | $1.68亿 | +40.0% | – | – | – |
| Climate Solutions CSAME Segment | – | – | $1.03亿 | +6.2% | – | – | – |
| Climate Solutions Transportation | – | – | – | – | – | – | – |
| Climate Solutions Transportation Segment | – | – | $1.17亿 | +1.7% | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $28.3亿
- 资本支出
- -$4.81亿
- 股票回购
- -$16.2亿
- 股息
- -$7.87亿
- 收购
- -$6400万
- 债务净发行
- -$2.45亿
- 股权激励费用
- $4700万
- 自由现金流
- $23.5亿
- 股东回报 / FCF
- 102.5%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -24.3× | 23.0× | 9.8× – 35.7× |
| EV / EBITDA | 227.6× | 16.2× | 9.1× – 20.1× |
| EV / 营收 | 2.4× | 2.7× | 2.4× – 3.1× |
| 股价 / FCF | 18.7× | 298.2× | 22.2× – 1,393.4× |
| 股价 / 净资产 | 4.4× | 4.9× | 3.2× – 7.0× |
| FCF收益率 | 5.4% | 3.3% | 0.1% – 4.5% |
| 投入资本回报率 | -4.6% | 6.5% | 3.6% – 9.5% |
| 净资产收益率 | -14.3% | 27.2% | 10.8% – 45.6% |
分析师
一致目标价 $68.40 (+27.5%)
区间 $61.00 – $80.00 · 评级 Buy
强烈买入0
买入14
持有13
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $237亿 | +9.0% | $2.87 | +68.9% | 18.7× | 13 |
| FY2027 | $251亿 | +5.9% | $3.19 | +11.1% | 16.8× | 13 |
| FY2028 | $267亿 | +6.1% | $3.63 | +13.7% | 14.8× | 7 |
| FY2029 | $280亿 | +5.0% | $4.14 | +14.1% | 13.0× | 2 |
| FY2030 | $286亿 | +2.1% | $4.28 | +3.3% | 12.5× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Carrier Global Corporation在近期10-Q / 10-K文件中标记的全部339项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $32.7亿 | $29.6亿 | +10.5% | $27亿 | $24.6亿 | +9.9% |
| Accounts Receivable, Allowance for Credit Loss | $8100万2025-12-31 | $9700万 | -16.5% | $8100万 | $9700万 | -16.5% |
| Accrual for Environmental Loss Contingencies | $2.01亿 | $2亿 | +0.5% | $2亿 | $2.1亿 | -4.8% |
| Accrued Environmental Loss Contingencies, Current | $2100万 | $1300万 | +61.5% | $1800万 | $2500万 | -28.0% |
| Accrued Environmental Loss Contingencies, Noncurrent | $1.8亿 | $1.87亿 | -3.7% | $1.82亿 | $1.85亿 | -1.6% |
| Accrued Liabilities, Current | $41.6亿 | $42.1亿 | -1.3% | $37.7亿 | $41亿 | -7.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $28.4亿2025-12-31 | $25.1亿 | +13.2% | $28.4亿 | $25.1亿 | +13.2% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$6.39亿 | -$3.65亿 | -75.1% | -$2.69亿 | -$21.1亿 | +87.2% |
| Additional Paid in Capital | $86.9亿 | $86.5亿 | +0.6% | $86.7亿 | $86.1亿 | +0.6% |
| Amortization of Intangible Assets | $2.13亿 | $2.28亿 | -6.6% | $8.84亿 | $8.43亿 | +4.9% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 2070万 | 200万 | +935.0% | 190万 | 10万 | +1,800.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $700万 | $1100万 | -36.4% | $7400万 | $1亿 | -26.0% |
| Asset Impairment Charges | $200万 | $0 | – | – | – | – |
| Assets | $336亿 | $381亿 | -11.8% | $372亿 | $374亿 | -0.6% |
| Assets for Plan Benefits, Defined Benefit Plan | $6500万 | $5000万 | +30.0% | $5600万 | $4300万 | +30.2% |
| Assets, Current | $88.8亿 | $88.4亿 | +0.5% | $85.3亿 | $98.9亿 | -13.7% |
| Business Combination, Acquisition Related Costs | $200万 | $1000万 | -80.0% | $5500万 | $9500万 | -42.1% |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | – | – | – | $0 | $0 | – |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $3.92亿 | $5.19亿 | -24.5% |
| Cash and Cash Equivalents, at Carrying Value | $13.5亿 | $14.2亿 | -4.8% | $15.6亿 | $39.7亿 | -60.8% |
| Cash Divested from Deconsolidation | – | – | – | $1.34亿2023-12-31 | $0 | – |
| Cash Provided by (Used in) Financing Activities, Discontinued Operations | $0 | $0 | – | $0 | -$2500万 | +100.0% |
| Cash Provided by (Used in) Investing Activities, Discontinued Operations | $0 | $0 | – | $3600万 | $90亿 | -99.6% |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $6100万 | $1700万 | +258.8% | $4.24亿 | -$10.1亿 | +142.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $13.8亿 | $14.3亿 | -3.2% | $15.6亿 | $39.7亿 | -60.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$6100万 | -$3.74亿 | +83.7% | -$23.9亿 | -$62亿 | +61.5% |
| CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectContinuingOperations | $3400万 | -$3.74亿 | +109.1% | -$24.2亿 | -$58.8亿 | +58.9% |
| CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations | -$9500万 | $0 | – | $2500万 | -$3.2亿 | +107.8% |
| Commercial Paper | $1.85亿 | $4.15亿 | -55.4% | $3.25亿 | $0 | – |
| Common Stock, Dividends, Per Share, Declared | $0.482026-06-30 | $0.45 | +6.7% | $0.68 | $0.80 | -15.1% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 40亿 | 40亿 | 0.0% | 40亿 | 40亿 | 0.0% |
| Common Stock, Shares, Issued | 9.51亿2025-12-31 | 9.48亿 | +0.3% | 9.51亿 | 9.48亿 | +0.3% |
| Common Stock, Shares, Outstanding | 8.36亿2025-12-31 | 8.78亿 | -4.8% | 8.36亿 | 8.78亿 | -4.8% |
| Common Stock, Value, Issued | $1000万 | $900万 | +11.1% | $1000万 | $900万 | +11.1% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $5300万 | $2800万 | +89.3% | $1.11亿 | $1.04亿 | +6.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$27亿 | $4.76亿 | -666.2% | $33.2亿 | $49.8亿 | -33.4% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | -$26.4亿 | $5.04亿 | -624.2% | $34.3亿 | $50.9亿 | -32.5% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $5.04亿 | $5.75亿 | -12.3% | $5.82亿 | $4.31亿 | +35.0% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $4.88亿 | $5.2亿 | -6.2% | $4.99亿 | $3.66亿 | +36.3% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $1600万 | $5500万 | -70.9% | $8300万 | $6500万 | +27.7% |
| Contract with Customer, Liability | $11.2亿 | $7.32亿 | +52.7% | $8.94亿 | $7.17亿 | +24.7% |
| Contract with Customer, Liability, Current | $9.01亿 | $5.46亿 | +65.0% | $6.91亿 | $5.53亿 | +25.0% |
| Contract with Customer, Liability, Noncurrent | $2.17亿 | $1.86亿 | +16.7% | $2.03亿 | $1.64亿 | +23.8% |
| Contract with Customer, Liability, Revenue Recognized | $1.12亿 | $1.51亿 | -25.8% | $5.06亿 | $4.69亿 | +7.9% |
| Costs and Expenses | $54.9亿 | $50.8亿 | +8.0% | $198亿 | $204亿 | -2.7% |
| Current Federal Tax Expense (Benefit) | – | – | – | $2.18亿 | $9.2亿 | -76.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $3.37亿 | $3.74亿 | -9.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $6.41亿 | $14.1亿 | -54.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $8600万 | $1.2亿 | -28.3% |
| Debt and Lease Obligation | $113亿 | $114亿 | -1.7% | $115亿 | $123亿 | -6.6% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $7100万 | $8100万 | -12.3% | $7800万 | $8800万 | -11.4% |
| Debt, Current | $14.8亿 | $5.8亿 | +155.5% | $4.68亿 | $13.4亿 | -65.0% |
| Debt, Weighted Average Interest Rate | 3.7%2025-12-31 | 3.5% | +5.7% | 3.7% | 3.5% | +5.7% |
| Deconsolidation, Gain (Loss), Amount | $0 | $0 | – | $700万 | $3.18亿 | -97.8% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$2800万 | -$9000万 | +68.9% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$3.63亿 | -$2.49亿 | -45.8% |
| Deferred Income Tax Assets, Net | $11.9亿 | $12亿 | -0.8% | $10.7亿 | $11.3亿 | -5.0% |
| Deferred Income Tax Expense (Benefit) | -$1.05亿 | -$1.58亿 | +33.5% | -$4.01亿 | -$3.52亿 | -13.9% |
| Deferred Income Tax Liabilities, Net | $15.8亿 | $19.4亿 | -18.5% | $18.3亿 | $20.2亿 | -9.0% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02