Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates in two segments, Heating, Ventilating and Air Conditioning (HVAC), and Refrigeration. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, building automation systems, aftermarket components, and repair and maintenance services and rentals, as well as modernization and upgrades. The Refrigeration segment offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
HVAC Giant's Pivot | Carrier Global Corp's strategic shift to core HVACR portfolio drives growth, with Q1 2025 performance exceeding expectations and raised EPS guidance |
Market Dynamics | Explore Carrier's position in evolving HVAC industry, leveraging trends like heat pump adoption and datacenter cooling solutions |
Financial Outlook | Analysts set price targets ranging from $82 to $87, with Carrier aiming for 6-8% organic sales growth and mid-teens EPS growth |
Challenges Ahead | Delve into Carrier's navigation of trade tensions, tariff impacts, and competitive pressures in the global HVAC market |
Metrics to compare | CARR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCARRPeersSector | |
---|---|---|---|---|
P/E Ratio | 33.0x | 26.6x | 12.6x | |
PEG Ratio | 1.92 | 0.74 | 0.03 | |
Price/Book | 3.5x | 3.1x | 1.4x | |
Price / LTM Sales | 2.3x | 2.1x | 1.3x | |
Upside (Analyst Target) | 26.6% | 8.5% | 16.4% | |
Fair Value Upside | Unlock | 21.8% | 5.1% | Unlock |