Carrier Global Corporation (NYSE: CARR) Earnings Report Highlights

Core Insights - Carrier Global Corporation is a key player in the intelligent climate and energy solutions industry, focusing on HVAC systems, refrigeration, and fire and security solutions [1] Financial Performance - For Q4 2025, Carrier reported an EPS of $0.34, which was below the estimated $0.37 and the Zacks Consensus Estimate of $0.36, resulting in a 6.49% negative surprise [2][6] - The company's quarterly revenue was approximately $4.84 billion, missing the estimated $5.05 billion and the Zacks Consensus Estimate by 4.08%, and representing a decline from $5.15 billion in the same quarter last year [3][6] - Despite the quarterly challenges, Carrier's full-year 2025 sales were $21.75 billion, a 3% decrease from 2024, with organic sales down by 1% [4] Market Dynamics - The global commercial HVAC and aftermarket sectors experienced double-digit growth, with fourth-quarter orders increasing by nearly 50% due to significant data center wins [4] - Carrier has exceeded consensus revenue estimates in three of the last four quarters, indicating some resilience despite recent challenges [3] Valuation Metrics - Carrier's financial metrics include a P/E ratio of approximately 13.55, a price-to-sales ratio of about 2.43, and an enterprise value to sales ratio of around 2.92 [5] - The enterprise value to operating cash flow ratio is notably higher at approximately 40.15, and the debt-to-equity ratio stands at about 0.85, indicating a moderate level of debt relative to equity [5]