Carrier Global Corporation (NYSE:CARR) Q1 2023 Earnings Conference Call April 27, 2023 7:30 AM ET Company Participants Sam Pearlstein - Vice President of Investor Relations David Gitlin - Chairman & Chief Executive Officer Patrick Goris - Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Nigel Coe - Wolfe Research Jeffrey Sprague - Vertical Research Joe Ritchie - Goldman Sachs Tommy Moll - Stephens Noah Kaye - Oppenheimer Deane Dray - RBC Josh Pokrzywinski - Morgan Stanley Bret ...

Q1 2023 EARNINGS CONFERENCE CALL April 25, 2023 Cautionary Statement This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. These forward-looking statements are intended to provide management's current expectations or plans for Carrier's future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements can be identified by th ...

公司业务 - 公司是全球领先的提供健康、安全、可持续和智能建筑和冷链解决方案的供应商[101] - 公司认为业务部门处于有利的长期趋势中，包括城市化、气候变化和食品安全需求增加等[102] 财务表现 - 2023年第一季度净销售额为52.73亿美元，同比增长13%[111] - 2023年第一季度毛利为13.78亿美元，同比增长7%[113] - 2023年第一季度营业费用为8.23亿美元，同比增长285%[114] - 2023年第一季度净利润为3.87亿美元，同比下降72%[111] 业务展望 - 公司预计供应链挑战将继续影响业务[105] - 公司已完成对Toshiba Carrier Corporation的多数股权收购[107] - 公司于2022年1月完成了对Chubb Fire and Security业务的出售，净收益为29亿美元[109] 各部门表现 HVAC部门 - HVAC部门2023年第一季度净销售额为36.22亿美元，同比增长22%[122] - HVAC部门2023年第一季度运营利润为4.35亿美元，同比下降7%[125] Refrigeration部门 - Refrigeration部门2023年第一季度净销售额为8.98亿美元，同比下降8%[126] - Refrigeration部门2023年第一季度运营利润为1.08亿美元，同比增长1%[127] Fire & Security部门 - Fire & Security部门2023年第一季度净销售额为8.69亿美元，同比增长6%[129] - Fire & Security部门2023年第一季度运营利润为9300万美元，同比下降92%[130] 资金状况 - 公司截至2023年3月31日拥有33.47亿美元的现金及现金等价物[132] - 公司总债务为88.5亿美元，总资产为84.68亿美元[137] - 公司长期债务的利息支付预计每年约为2.49亿美元[137] 现金流 - 2023年第一季度，公司支付了1.54亿美元的普通股股息[144] - 2023年第一季度，公司经营活动产生的净现金流为1.2亿美元，较去年同期增加3220万美元[145] - 2023年第一季度，公司投资活动产生的净现金流为1亿美元，主要用于资本支出和收购[146] - 2023年第一季度，公司融资活动产生的净现金流为2.13亿美元，主要用于支付股息和回购股票[147]

Carrier Global Corporation (NYSE:CARR) Bank of America Global Industrials Conference March 21, 2023 6:35 AM ET Company Participants Patrick Goris - Chief Financial Officer Samuel Pearlstein - VP Investor Relations Conference Call Participants Andrew Obin - Bank of America Andrew Obin Okay, just introduce you, Patrick. Thanks so much. We continue with our sessions. And with us, we have Carrier. And with us, we have Patrick Goris, Senior Vice President and the company's CFO. I think Patrick will make a coupl ...

Carrier Global Corporation (NYSE:CARR) J.P. Morgan 2023 Industrials Conference March 15, 2023 3:50 PM ET Company Participants David Gitlin - CEO Samuel Pearlstein - Head, IR Conference Call Participants Steve Tusa - JPMorgan Steve Tusa Okay. I think this is the last one of the day at least for me. We're finishing out here with Carrier and CEO, Dave Gitlin, as well as Samuel Pearlstein, IR rep. Dave's going to open it up with a few comments, and then we'll go right to Q&A. Dave? David Gitlin Steve, thanks so ...

Carrier Global Corporation (NYSE:CARR) Barclays Industrial Select Conference February 23, 2023 10:20 AM ET Company Participants Dave Gitlin - Chairman and CEO Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Okay. We'll get going now with Carrier Global. It's my pleasure to introduce Dave Gitlin, Chairman and CEO; and also Samuel Pearlstein, Investor Relations. Dave will start off with a couple of prepared remarks, and then we'll go into questions. Dave Gitlin As you know, we just rel ...

财务数据和关键指标变化 - 公司第四季度报告销售额为51亿美元，较上年同期增长5%，其中有机销售增长约为8% [34] - 调整后的每股收益为0.40美元，符合全年指导的上限 [37] - 自由现金流约为10亿美元，全年自由现金流为14亿美元 [37][11] 各条业务线数据和关键指标变化 - HVAC部门有机销售增长9%，其中住宅销售下降约10%，轻商业和商业HVAC分别增长超过40%和中等十几的百分比 [38] - 制冷部门有机销售下降7%，运输制冷在北美和欧洲分别增长低十和高十的百分比，但集装箱业务同比下降约50% [41] - 消防与安全部门有机销售增长6%，但由于高供应链和物流成本，运营利润未达预期 [44] 各个市场数据和关键指标变化 - 北美住宅热泵销售在第四季度增长35%，欧洲商业热泵销售增长30% [14] - 健康建筑订单在第四季度增长超过80%，全年增长约50% [16] - 集装箱订单同比下降约50%，商业制冷订单仍然疲软 [49] 公司战略和发展方向和行业竞争 - 公司致力于通过数字化和创新提供可持续的解决方案，推动高利润和高售后增长率 [31] - 预计2023年将继续专注于成本降低，目标实现3亿美元的生产力提升 [32] - 公司与亚马逊网络服务达成战略合作，联合开发和销售数字解决方案 [23] 管理层对经营环境和未来前景的评论 - 管理层对2023年的展望持乐观态度，预计将实现稳定的有机增长和强劲的利润扩张 [32] - 预计2023年整体销售额约为220亿美元，有机销售增长在低到中个位数之间 [52] - 管理层对宏观经济挑战保持清醒认识，并已在指导中考虑了相关因素 [32] 其他重要信息 - 公司在2022年实现了3亿美元的成本节约目标，并计划在2023年继续推进 [10] - 公司在2022年减少了近一半的净债务，从110亿美元降至53亿美元 [26] 问答环节所有提问和回答 问题: 第一季度的展望 - 第一季度预计整体利润率将下降约200个基点，主要受收购和销量组合的影响 [67] 问题: HVAC部门的整体表现 - 预计2023年住宅销售将持平，销量可能下降高个位数，但通过价格和组合的调整来实现持平销售 [70] 问题: 价格成本中立的评论 - 第一季度的价格成本预计接近中立，主要由于钢材价格的影响 [79] 问题: 冷藏部门的盈利能力 - 集装箱业务的盈利能力较低，但一旦销量回升，预计将实现可观的增量 [119] 问题: 2023年自由现金流的展望 - 预计2023年自由现金流为19亿美元，受库存减少的推动 [126]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-K _________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39220 ________________________________________________ CARRIER GLOBAL CORPORATION (Exac ...

Carrier Global Corporation (NYSE:CARR) Stephens Annual Investment Conference 2022 Call November 15, 2022 3:00 PM ET Company Participants David Gitlin - Chairman and Chief Executive Officer Patrick Goris - Senior Vice President and Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. Tommy Moll Good afternoon, everyone. I'm Tommy Moll, Equity Research Analyst here at Stephens Inc. I appreciate and we appreciate everyone's attending our conference this week. We also appreciate the t ...

Carrier Global Corporation (NYSE:CARR) Q3 2022 Results Conference Call October 27, 2022 7:30 AM ET Company Participants Sam Pearlstein - Vice President of Investor Relations David Gitlin - Chairman and Chief Executive Officer Patrick Goris - Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Nigel Coe - Wolfe Research Julian Mitchell - Barclays Deane Dray - RBC Capital Markets Joe Ritchie - Goldman Sachs Gustavo Gonzalez - Morgan Stanley Tommy Moll - Stephens B ...