TopFunds

Carrier Global

NYSE: CARR

Stock price

58.52 USD

(+0%) TODAY

Building ProductsIndustrial - Machinery

Financial Performance

Share

5Y price score: 1

Help

The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 387.7%

DATE RANGE:

US$ Per
Share

    Time scale:

    By default your notes are visible only to you.

    50.2

    52-week range

    76.7

    58.52

    Your model inputs

    Required return / cost of capital
    %
    FCFF terminal growth rate
    %

    Your fair value & Margin of safety

    To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

    Forecast:

    Valuation

    Free Cash Flow Yield

    Help
    FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

    3.8 %

    Dividend Yield TTM

    1.6 %

    Market cap $

    $ 48,240

    Price / Earnings TTM

    Help
    P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

    40.6

    Price / Book TTM

    3.7

    PEG TTM

    Help
    Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

    (2.8)

    Earnings growth and return

    LTM

    5YR

    10YR

    Total return (price & dividends)

    (10.3) %

    7.2 %

    387.7 %

    Free cash flow per share growth

    47.1 %

    27.8 %

    -

    Earnings per share growth

    (14.3) %

    (24.4) %

    -

    Founded: 2,020

    Employees: 48,000

    Business Summary:Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.

    Fair Value Reference Estimate

    Latest Earnings Call Takeaways

    2026 Q2 (Jul 28, 2026)

    1) Strong Demand and Record Backlog
    - Carrier reported a 40% increase in orders for Q2 2026, with commercial HVAC orders up 65%, particularly driven by data centers, which saw a 4x increase year-over-year.
    - The company's backlog now exceeds $8 billion, a 40% increase from last year and 20% sequentially.
    - The company is expanding its footprint with new facilities planned in India and the U.S. to meet rising demand.

    2) Financial Performance and Segment Highlights
    - Q2 2026 reported sales were $6.4 billion, with adjusted operating profit of $1.1 billion and adjusted EPS of $0.86.
    - Organic sales growth was 3%, driven by improvements in residential and light commercial markets.
    - Segment margins were impacted by unfavorable mix and increased input costs, with adjusted operating margin at 17.2%.
    - The company raised its full-year sales outlook to approximately $23 billion, with a projected mid- to high single-digit organic growth rate.

    3) Acquisitions and Strategic Investments
    - Carrier announced the acquisition of 75F, enhancing its Building Management System (BMS) capabilities and expanding its total addressable market by $20 billion.
    - The integration of 75F's AI-enabled and cloud-native technology is expected to improve operational efficiencies and customer offerings.
    - The company is also focused on optimizing its portfolio, having completed the divestiture of Riello and announced the sale of NORESCO.

    4) Challenges and Operational Adjustments
    - Segment margins faced pressure due to unfavorable mix and increased input costs, with a noted decline in operating margin primarily due to tariff impacts and a shift in product mix.
    - The company is committed to cost reduction and pricing discipline, with new leadership in the CSA segment aimed at improving margins to mid-teen levels over the next few years.
    - Despite challenges, the company expects strong growth in the second half of the year, driven by a recovery in shorter-cycle businesses and continued demand in longer-cycle segments.

    5) Guidance and Future Outlook
    - For Q3, Carrier anticipates revenues just below $6 billion, with organic growth expected around 10% and an operating margin of 16.5%.
    - The company is confident in achieving a $2 billion revenue target for data centers, with a significant ramp-up expected in the second half.
    - There is a focus on ensuring capacity meets demand, particularly in the data center segment, with plans to build new facilities to support future growth.

    Bottom line: Carrier is positioned for strong growth with a robust backlog and strategic investments, despite facing margin pressures. The company's proactive measures in expanding capacity and optimizing operations should benefit shareholders as it navigates through the current market dynamics.

    Annual Reports, Presentations And IR Contacts

    Go to the website
    Annual report links (10K)
    202520242023202220212020

    Carrier Global — Financial Overview, Stock Price, Market Cap

    Carrier Global is a company. Founded in 2020. As of August 26, 2026, the company's market capitalization is $48239502336 with a current stock price of $58.52.