CARRIER GLOBAL Corp (CARR)
About CARRIER GLOBAL Corp
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.
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Financial summary
- Revenue FY2025
- $21.7B
- Net income
- $1.5B
- Total assets
- $37.2B
- Market cap
- $55.8B
- Operating margin
- 10.0%
- Net margin
- 7.3%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $21.7B
- Operating expenses
- $19.6B
- Operating income
- $2.2B
- Income tax
- $240.0M
- Net income
- $1.6B
- EPS (basic)
- $1.74
- EPS (diluted)
- $1.72
Balance sheet
- Total assets
- $37.2B
- Current assets
- $8.5B
- Total liabilities
- $23.1B
- Current liabilities
- $7.1B
- Shareholders’ equity
- $14.1B
Cash flow
- Operating cash flow
- $2.5B
- Investing cash flow
- -$307.0M
- Financing cash flow
- -$4.7B
- Net cash flow
- -$2.5B
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $55.8B
- P/E ratio
- 40.0
- EPS (diluted)
- $1.72
- Dividend yield
- 1.39%
- Shares outstanding
- 809.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Mar 18, 2020
CARRIER GLOBAL Corp (CARR) Stock Price
- Profitable — net income of $1.5B in FY2025.
- Revenue grew 6% from FY2021 to FY2025.
- Trading 15% below its 52-week high.
- Pays a dividend yielding about 1.39% annually.
- Valued at a price-to-earnings (P/E) ratio of 40.0.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about CARRIER GLOBAL Corp
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CARRIER GLOBAL Corp: frequently asked questions
Is CARRIER GLOBAL Corp an American company?
Yes — CARRIER GLOBAL Corp is an American company headquartered in Palm Beach Gardens, Florida. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is CARRIER GLOBAL Corp headquartered?
CARRIER GLOBAL Corp is headquartered in Palm Beach Gardens, Florida, United States.
Is CARRIER GLOBAL Corp publicly traded?
Yes — CARRIER GLOBAL Corp is a publicly traded company. Its stock trades under the ticker symbol CARR on the NYSE.
What does CARRIER GLOBAL Corp do?
CARRIER GLOBAL Corp is an American Machinery & Equipment company in the Manufacturing & Industrial sector.
