CARR
NYSE · Building
Carrier Global Corp
$59.25
+0.67 (+1.14%)
Performance
1D
—
1W
—
1M
—
3M
+10.56%
6M
+0.20%
1Y
-11.53%
YTD
+10.71%
Open$59.45
Previous Close$58.58
Day High$59.90
Day Low$58.43
52W High$81.09
52W Low$50.24
Volume—
Avg Volume8.77M
Market Cap52.59B
P/E Ratio35.44
EPS$1.71
SectorBuilding
Technical Indicators
Full analysis →
SMA 50
$57.21
Above
SMA 200
$63.34
Below
RSI (14)
59.9
Neutral
Trend
Death Cross
Bearish
Analyst Ratings
Buy
31 analysts
Price Target
+273.1% upside
Current
$59.25
$59.25
Target
$221.04
$221.04
$142.02
$221.04 avg
$308.32
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 21.06B | 20.62B | 16.50B |
| Net Income | 1.44B | 1.27B | 2.54B |
| Profit Margin | 6.8% | 6.5% | 15.4% |
| EBITDA | 3.11B | 2.89B | 3.66B |
| Free Cash Flow | — | — | 3.12B |
| Rev Growth | +2.1% | +2.1% | +17.6% |
| Debt/Equity | 0.86 | 0.86 | 0.31 |
Dividend
Dividend Yield1.53%
Annual Dividend$0.90
Payout Ratio52.0%
Frequencyquarterly
Ex-Dividend—
Pay Date—
About Carrier Global Corp
Carrier Global Corporation is a leading global provider of heating, ventilation, air conditioning, and refrigeration solutions, headquartered in Palm Beach Gardens, Florida. The company operates through three segments: HVAC, Refrigeration, and Fire and Security, offering products and services for residential, commercial, and industrial buildings as well as cold chain and transportation applications. Carrier's brand portfolio includes Carrier, Chubb, Kidde, LenelS2, and Automated Logic, among others. Following its separation from United Technologies, Carrier established itself as one of the largest pure-play HVAC and building technology companies in the world.
Building Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| TT | Trane Technologies Plc | $434.00 | +0.91% | 32.1 | 93.63B |
| JCI | Johnson Controls Internation | $137.48 | +0.77% | 24.7 | 83.96B |
| LII | Lennox International Inc | $481.68 | +0.99% | 24.4 | 19.15B |
| CSL | Carlisle Cos Inc | $339.93 | +0.02% | 22.5 | 16.63B |
| ALLE | Allegion Plc | $147.48 | +1.20% | 19.1 | 12.29B |
| MAS | Masco Corp | $61.52 | +1.90% | 14.8 | 11.97B |
CARR Frequently Asked Questions
What does Carrier Global do?
Carrier Global designs and sells HVAC systems, refrigeration equipment, and fire and security products, serving residential, commercial, and industrial customers globally. The company's strategic direction has shifted toward becoming a more focused climate and energy solutions business, culminating in its major 2024 acquisition of Viessmann Climate Solutions, a leading European heating and heat pump manufacturer. That deal significantly expands Carrier's European residential heating presence and positions it at the intersection of electrification and building decarbonization trends.
Is CARR stock a good investment?
Carrier's core HVAC and refrigeration business benefits from secular tailwinds: global warming increasing cooling demand, building efficiency regulations driving equipment replacement, and the cold chain expansion for food and pharmaceutical distribution. The Viessmann acquisition adds European heat pump exposure but also adds debt and integration risk that investors are monitoring. Free cash flow conversion has been a management focus, and the company is working to achieve synergies from the Viessmann deal. The stock's valuation reflects growth expectations from the climate business transformation.
Who are Carrier Global's main competitors?
Trane Technologies is Carrier's most direct competitor in commercial and residential HVAC, competing on both product innovation and sustainability credentials. Lennox International competes in residential and light commercial HVAC in North America. Daikin is the dominant global HVAC manufacturer and a formidable competitor internationally. Johnson Controls competes in building management systems and commercial HVAC. In the refrigeration segment, Emerson Electric and Copeland compete on compressor technology.
Does Carrier Global pay dividends?
Carrier has paid a quarterly dividend since its 2020 spinoff from United Technologies, growing it modestly each year as the company established its standalone financial profile. Following the Viessmann acquisition, management has prioritized debt reduction alongside the dividend, which constrains near-term payout growth. Investors generally view the dividend as well-covered by operating cash flows, with the expectation that as leverage comes down, capital return flexibility will increase. Share repurchases have been lighter during the integration and deleveraging period.
What is the current share price of CARR?
CARR last closed at $59.25, up 1.14% in the most recent trading session. Over the past 52 weeks, the stock has traded between a low of $50.24 and a high of $81.09. The current price represents 29% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
Is CARR rated a buy or sell by analysts?
Among 31 analysts covering CARR, the consensus rating is Buy — 20 rate it a buy, 11 hold, and 0 sell. The average price target sits at $221.04, implying 273% upside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
What are Carrier Global Corp's earnings?
Carrier Global Corp generated $21.06B in revenue during fiscal year 2026, with $1.44B reaching the bottom line as net income. The net profit margin of 6.8% reflects the competitive nature of its industry.
How is CARR valued compared to earnings?
CARR trades at a P/E ratio of 35.44 on trailing earnings of $1.71 per share. That's above the S&P 500 historical average, suggesting the market expects above-average earnings growth ahead. Comparing this multiple against Building sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
What is CARR's return over the past year?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: +10.56% (3M), +0.20% (6M), -11.53% (1Y), +10.71% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether CARR is outperforming or lagging the broader market.