Carrier Global (CARR)
NYSE Market Closed
Carrier Global Corporation is a major provider of climate and energy solutions for buildings, homes, and transport applications. The company is best known for its Carrier-branded heating, ventilation, and air conditioning equipment, but it also sells under names such as Bryant, Payne, and Heil, allowing it to serve different customer segments and price points. Its products include residential air conditioners and furnaces, commercial HVAC systems, controls, heat pumps, and refrigeration systems used to protect temperature-sensitive goods in transit.
Carrier became an independent public company in 2020 after its separation from United Technologies. Since then, the group has reshaped its portfolio around climate-related markets, moving away from non-core operations while strengthening areas tied to energy efficiency, electrification, and building decarbonisation. The acquisition of Viessmann Climate Solutions expanded Carrier’s presence in Europe and added scale in heat pumps, boilers, solar photovoltaic systems, and related residential climate technologies.
The company’s revenue is generated mainly from equipment sales, with parts, replacement products, and services providing a recurring aftermarket component. Its geographic exposure is broad, with the United States representing its largest market, followed by Europe and Asia-Pacific. Carrier serves homeowners, commercial property owners, contractors, industrial customers, retailers, and logistics operators.
For investors, Carrier is closely linked to demand for efficient heating and cooling, regulatory changes affecting refrigerants and building emissions, housing and construction cycles, and the long-term need for reliable cold-chain infrastructure. Its competitive position rests on brand recognition, distribution relationships, installed equipment base, and technical expertise in climate control.
Last updated
- Market Cap
- 55.78B
- P/E
- 42.58
- P/FCF
- 33.09
- P/S
- 2.55
- Enterprise Value
- 66.57B
- Sector
- Industrials
- Industry
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment
- Address
- 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS, FL, 33418
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 55.78B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 66.57B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 42.58
- P/B
P/B ratio compares a company's share price to its book value per share.
- 4.15
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 2.55
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 23.38
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 3.04
- EPS
- 1.58
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 1.57%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 33.09
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 26.45
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- 1.69B
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 9.74%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 3.52%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.9
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.07
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.76
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.16
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 6.88M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 67.16
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 5.34B | 4.84B | 5.58B | 6.11B | 5.22B |
| Gross profit | 1.24B | 961M | 1.45B | 1.77B | 1.45B |
| Operating income | 228M | 52M | 486M | 795M | 585M |
| EBITDA | 543M | 381M | 811M | 1.11B | 888M |
| Net income | 238M | 53M | 428M | 591M | 412M |
| Basic EPS | 0.29 | 0.07 | 0.5 | 0.69 | 0.47 |
| Diluted EPS | 0.28 | 0.07 | 0.5 | 0.68 | 0.47 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 37.19B | 37.19B | 38.08B | 38.49B | 36.45B |
| Total liabilities | 23.39B | 23.06B | 23.24B | 23.48B | 22.25B |
| Total equity | 13.8B | 14.13B | 14.84B | 15.01B | 14.2B |
| Cash & equivalents | 1.37B | 1.56B | 1.42B | 1.8B | 1.7B |
| Current assets | 9.02B | 8.53B | 8.84B | 9.13B | 8.44B |
| Current liabilities | 8.42B | 6.94B | 7.75B | 7.83B | 7.01B |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 79M | 1.04B | 341M | 649M | 483M |
| Investing cash flow | -65M | -110M | -119M | -55M | -23M |
| Financing cash flow | -141M | -787M | -591M | -547M | -2.75B |
| Change in cash | -183M | 156M | -374M | 98M | -2.27B |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | SD — CARRIER GLOBAL Corp | View Filing | |
| edgar index | SCHEDULE 13D/A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 144 — CARRIER GLOBAL Corp | View Filing | |
| form 4 | Form 4 — Viessmann Maximilian | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| form 4 | Form 4 — Pandya Gaurang | View Filing | |
| form 4 | Form 4 — Pandya Gaurang | View Filing | |
| form 4 | Form 4 — Pandya Gaurang | View Filing | |
| edgar index | SCHEDULE 13G — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 8-K — CARRIER GLOBAL Corp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — GARNIER JEAN PIERRE | View Filing | |
| form 4 | Form 4 — GREISCH JOHN J | View Filing | |
| form 4 | Form 4 — MCNAMARA MICHAEL M | View Filing | |
| form 4 | Form 4 — MILES AMY E | View Filing | |
| form 4 | Form 4 — STORY SUSAN N | View Filing | |
| form 4 | Form 4 — TODMAN MICHAEL | View Filing | |
| form 4 | Form 4 — HOLLEY CHARLES M | View Filing | |
| form 4 | Form 4 — Viessmann Maximilian | View Filing | |
| form 4 | Form 4 — WILSON VIRGINIA M | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| form 4 | Form 4 — Gierges Michael Lotfy | View Filing | |
| form 4 | Form 4 — Gierges Michael Lotfy | View Filing | |
| form 4 | Form 4 — Gierges Michael Lotfy | View Filing | |
| edgar index | SCHEDULE 13G/A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | SCHEDULE 13G/A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | DEF 14A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | DEFA14A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | ARS — CARRIER GLOBAL Corp | View Filing | |
| edgar index | SCHEDULE 13G/A — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| form 4 | Form 4 — Heim Thomas | View Filing | |
| form 4 | Form 4 — Heim Thomas | View Filing | |
| form 4 | Form 4 — Heim Thomas | View Filing | |
| edgar index | S-3ASR — CARRIER GLOBAL Corp | View Filing | |
| edgar index | S-3 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 8-K — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 10-K — CARRIER GLOBAL Corp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| edgar index | 4 — CARRIER GLOBAL Corp | View Filing | |
| form 4 | Form 4 — Gitlin David L. | View Filing | |
| form 4 | Form 4 — Gitlin David L. | View Filing | |
| form 4 | Form 4 — Gitlin David L. | View Filing | |
| form 4 | Form 4 — Gitlin David L. | View Filing | |
| form 4 | Form 4 — Goris Patrick P. | View Filing | |
| form 4 | Form 4 — Goris Patrick P. | View Filing | |
| form 4 | Form 4 — Pandya Gaurang | View Filing | |
| form 4 | Form 4 — Pandya Gaurang | View Filing | |
| form 4 | Form 4 — Agrawal Ajay | View Filing | |
| form 4 | Form 4 — Agrawal Ajay | View Filing | |
| form 4 | Form 4 — Villeneuve Nadia | View Filing | |
| form 4 | Form 4 — Villeneuve Nadia | View Filing | |
| form 4 | Form 4 — Campbell Francesca | View Filing | |
| form 4 | Form 4 — Campbell Francesca | View Filing | |
| form 4 | Form 4 — Heim Thomas | View Filing | |
| form 4 | Form 4 — Heim Thomas | View Filing |