Carrier Global Corporation

Carrier Global Corporation

CARR
Carrier Global CorporationUS flagNew York Stock Exchange
71.15
USD
+0.02
- -
59.10BMarket Cap
Carrier Global Corporation
CARR
(New York Stock Exchange)

Recent

price

71.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
20.57
21.84
21.48
20.15
23.76
20.5
22.63
25.03
25.51
25.9
Revenue per Share
1.42
3.16
2.44
2.29
1.92
4.19
1.61
6.24
1.74
1.55
Basic EPS, GAAP
2.42
2.37
2.38
1.95
2.58
2.07
3.11
0.63
2.95
2.5
Free Cash Flow per Basic Share
- -
- -
- -
0.16
0.48
0.6
0.74
0.75
0.91
0.92
Dividend per Share
- -
17.47
17.73
1.91
3.31
6.97
7.88
12.79
14.32
14.73
Book Value per Share
- -
3.7
4
-5.31
-3.19
-3.85
0.64
-7.39
-9.03
-8.88
Tangible Book Value per Share
866
866
866
866
868
843
837
898
852
844
Basic Weighted Avg Shares
17,814
18,914
18,608
17,456
20,613
17,288
18,951
22,486
21,747
21,870
Sales/Revenue/Turnover
12.56
13.11
12.13
10.71
11.43
11.01
10.88
9.33
8.77
7.24
Operating Margin (%)
372
357
335
336
338
328
491
1,232
1,274
1,286
Depreciation Expense
1,227
2,734
2,116
1,982
1,664
3,534
1,349
5,604
1,484
1,310
Net Income, GAAP
58.51
27.93
19.35
29.74
29.12
16.11
26.06
46.7
13.35
2.32
Effective Tax Rate (%)
6.89
14.45
11.37
11.35
8.07
20.44
7.12
24.92
6.82
5.99
Profit Margin (%)
- -
1,643
1,490
3,414
4,780
3,847
12,595
1,999
1,419
433
Working Capital
- -
- -
764
10,678
10,040
9,231
14,575
11,458
11,783
10,837
LT Debt
- -
14,269
14,435
6,578
7,094
8,076
9,005
14,395
14,128
13,801
Total Equity
- -
24.49
11.93
7.82
9.57
9.24
7.46
4.42
6.19
5.93
Return on Invested Capital (%)
- -
35.64
13.22
14.6
14.11
25.79
8
25.17
7.2
6.71
Return on Capital (%)
- -
36.14
13.88
23.31
73.53
80.79
21.63
61.95
12.53
10.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
580
468
1,736
LT Borrowings
11,336
11,365
10,422
LT Finance Leases
424
418
415
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
844
836
831
Market Capitalization
51,651
45,043
47,552

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
8,839
8,533
9,018
Cash, Cash Equivalents & STI
1,423
1,555
1,371
Accounts Receivable, Net
3,129
2,639
3,130
Inventories
3,004
2,483
2,581
Total Current Liabilities
7,747
7,114
8,585
Payables & Accruals
7,167
6,476
6,679
ST Debt
580
468
1,736
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.24%
-1.85%
Free Cash Flow
- -
65.53%
346.36%
Net Income, GAAP
- -
55.28%
-73.52%
Sales/Revenue/Turnover
- -
5.39%
-3.29%
Total Cash Common Dividend
- -
53.86%
15.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,420
5,934
5,984
5,148
22,486
2025
5,218
6,113
5,579
4,837
21,747
2026
5,341
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
2.59
0.5
2.87
6.24
2025
0.48
0.69
0.5
0.06
1.74
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.2
0.18
0.75
2025
0.23
0.22
0.23
0.23
0.91
2026
0.24
- -
- -
- -
- -
Business
Carrier Global Corporation (NYSE: CARR), founded in 1915 and headquartered in Palm Beach Gardens, Florida, manufactures and distributes heating, ventilation, air conditioning (HVAC), refrigeration, and intelligent climate and energy solutions worldwide for residential, commercial, light commercial, industrial, and transportation markets across the Americas, Europe, Middle East, Asia Pacific, and other regions. The company offers HVAC systems including residential and commercial units, chilled water systems, DX products, digital controls, building automation, and services for energy efficiency, indoor air quality, health, safety, and productivity; refrigeration solutions encompassing transport systems for trucks, trailers, shipping containers, intermodal applications, food retail, and cold chain monitoring for perishable goods like food and medicine; aftermarket maintenance, repairs, parts, and upgrades. Carrier Global operates through HVAC and Refrigeration segments, emphasizing sustainable, digitally enabled lifecycle solutions and investing heavily in research and development, with $694 million spent in 2024. Recent developments include the 2024 acquisition and integration of Viessmann Climate Solutions to create the industry's most comprehensive global HVAC portfolio; the May 2025 acquisition of long-term partner Addvolt S.A., a Portuguese transport electrification technology firm, to enhance non-invasive electric systems for refrigerated vans, trucks, trailers, and containers, reducing emissions and expanding beyond refrigeration; divestiture of its Global Access Solutions business to Honeywell in June 2024 for $4.95 billion and plans to exit Commercial Refrigeration, yielding over $10 billion in total divestiture proceeds; and reporting strong 2024 results with $22.5 billion in sales up 19%, adjusted EPS of $2.56 up 16%, and 2025 guidance for mid-single-digit organic growth, adjusted operating margin expansion to 16.5%-17.0%, and adjusted EPS of $2.95-$3.05.

Company News

MCPAPIChat
  • Carrier Global vs. Owens Corning: Which Industrials Stock Is a Better Buy in 2026?

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  • Carrier Board of Directors Declares Quarterly Cash Dividend

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  • Carrier to Present at the Wells Fargo 16th Annual Global Industrials & Materials Conference

  • Rising Yields, Chip Sector Pullback Send Stocks Lower

  • Carrier Global Corporation (CARR) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript

  • Carrier Global Corp (CARR) Shares Fall 3.1% -- What GF Score of 81 Tells Investors

  • Updated Timing for Carrier's Presentation at the Wolfe Research 19th Annual Global Transportation & Industrials Conference

  • Carrier Global: Momentum Has Improved, But Macroeconomics And Valuation Carry Downside Risks

  • Carrier to Present at the Wolfe Research 19th Annual Global Transportation & Industrials Conference

  • Carrier Global Q1 Earnings Beat Estimates, Revenue Up Year over Year

  • Carrier Global Analysts Boost Their Forecasts Following Upbeat Q1 Earnings

  • Carrier Global Corporation (CARR) Q1 2026 Earnings Call Transcript

  • Carrier Global (CARR) Q1 Earnings and Revenues Beat Estimates

  • Is Carrier Global (CARR) 7.2% Undervalued After Q1 2026 Beat? Adjusted EPS $0.57 vs $0.39, Revenue $5.34B vs $5.01B; GF Score 82/100

  • Carrier Reports First Quarter 2026 Results

  • Comerica Bank Lowers Stake in Carrier Global Corporation $CARR

  • Carrier Ventures Expands Investment in ZutaCore to Scale Liquid Cooling for AI Data Centers

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