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 Market Leade | Carrier Global Corp stands as a top-3 global HVAC leader, strategically positioning itself to capitalize on emerging trends in residential and commercial markets |
Financial Resilience | Explore Carrier's robust financial performance, with recent earnings beats and impressive revenue growth, showcasing its ability to navigate industry challenges |
Strategic Growth Paths | Delve into Carrier's focus on aftermarket services, datacenter cooling, and smart building technologies, driving long-term growth and market expansion |
Analyst Optimism | Analysts maintain positive outlooks, with price targets ranging from $82 to $87, reflecting confidence in Carrier's growth potential and market positioning |
Metrics to compare | CARR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCARRPeersSector | |
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P/E Ratio | 36.9x | 29.1x | 12.6x | |
PEG Ratio | 2.15 | −1.38 | 0.03 | |
Price/Book | 3.9x | 3.3x | 1.4x | |
Price / LTM Sales | 2.5x | 2.2x | 1.2x | |
Upside (Analyst Target) | 27.7% | 6.0% | 17.2% | |
Fair Value Upside | Unlock | 13.6% | 6.6% | Unlock |