Carrier Global/$CARR
1D1W1MYTD1Y5YMAX
Capital at risk
About Carrier Global
Carrier Global, spun out of United Technologies in 2020, manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its flagship Carrier brand, as well as Bryant, Payne, Heil, and others across various price points. In 2024, Carrier acquired Viessmann Climate Solutions to expand its footprint in Europe with heat pumps, boilers, and solar PV equipment. Proceeds from the sale of Carrier's fire and security (Honeywell) and commercial refrigeration (Haier) businesses reduced debt and focused the company on global HVAC and refrigeration solutions. Carrier generates 75% of sales from equipment and 25% from parts and services. The company derives 50% of revenue from the US, 30% from Europe, and 20% from the Asia-Pacific region.
- Ticker
- $CARR
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 47,000
- Headquarters
- Palm Beach Gardens, United States
- Website
- www.carrier.com
Carrier Global Metrics
BasicAdvanced
$46B
39.04
$1.44
1.30
$0.95
1.70%
Price and volume
Market cap
$46B
Beta
1.3
52-week high
$76.76
52-week low
$50.24
Average daily volume
6.4M
Dividend rate
$0.95
Financial strength
Current ratio
1.02
Quick ratio
0.547
Long term debt to equity
0.798
Total debt to equity
0.92
Dividend payout ratio (TTM)
64.10%
Interest coverage (TTM)
3.87%
Profitability
EBITDA (TTM)
3,152
Gross margin (TTM)
24.74%
Net profit margin (TTM)
5.52%
Operating margin (TTM)
8.19%
Effective tax rate (TTM)
3.84%
Revenue per employee (TTM)
$470,000
Management effectiveness
Return on assets (TTM)
3.08%
Return on equity (TTM)
8.97%
Valuation
Price to earnings (TTM)
39.037
Price to revenue (TTM)
2.136
Price to book
3.54
Price to tangible book (TTM)
-5.9
Price to free cash flow (TTM)
24.494
Free cash flow yield (TTM)
4.08%
Free cash flow per share (TTM)
2.301
Dividend yield (TTM)
1.68%
Forward dividend yield
1.70%
Growth
Revenue change (TTM)
-1.58%
Earnings per share change (TTM)
-67.87%
3-year revenue growth (CAGR)
2.96%
3-year earnings per share growth (CAGR)
-16.92%
3-year dividend per share growth (CAGR)
10.26%
What the Analysts think about Carrier Global
Analyst ratings (Buy, Hold, Sell) for Carrier Global stock.
Analyst projections of the future price of Carrier Global stock.
Bulls say / Bears say
Carrier kept its 2026 outlook after the first quarter: about $22 billion of sales, $3.4 billion of adjusted operating profit, $2.80 of adjusted EPS and $2 billion of free cash flow. That points to resilience and solid cash generation despite portfolio changes and tariff pressure. (Carrier Global)
Carrier’s smart-building platform was rated a Visionary Leader by Frost & Sullivan, with AI-enabled analytics, connected controls and services for buildings and data centres. This supports the case for higher-value digital and service revenue alongside equipment sales. (Carrier Global)
Carrier’s agreement with JD.com expands its omni-channel retail partnership in China across Carrier, Toshiba HVAC and residential products. Better online and offline distribution could strengthen local reach and improve the company’s position in the Chinese home-comfort market. (Carrier Global)
The 2026 outlook implies weak near-term growth: Carrier expects roughly $250 million of sales lost from the Riello exit and organic revenue growth ranging only from flat to low single digits. That leaves limited room for execution misses or a softer HVAC market. (Carrier Global)
Carrier lists tariff changes, political and trade uncertainty, currency movements and existing indebtedness among the risks to its outlook. These factors could raise costs, disrupt supply chains and constrain the cash available for investment or shareholder returns. (Carrier Global)
US homebuilders are facing weaker demand, high mortgage rates, inflation and tariff-driven cost pressure. That is a direct headwind to new-build and replacement demand for Carrier’s residential HVAC equipment in its largest market. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 20 Sept 2026.
Carrier Global Financial Performance
Revenues and expenses
Carrier Global Earnings Performance
Company profitability
Upcoming events
No upcoming events
Carrier Global News
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Funds containing Carrier Global
AllEURGBPUSD
Fund name | Fund size | $CARR weighting |
|---|---|---|
iShares S&P 500 Industrials Sector€2B7C | €673M | 0.86% |
iShares S&P 500 Industrials Sector£IISU | £578M | 0.86% |
SPDR MSCI World Industrials€WIND | €217M | 0.42% |
iShares MSCI USA SRI$SUAS | $3.4B | 0.29% |
iShares MSCI USA SRI€QDVR | €2.9B | 0.29% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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