Why did Carrier Global (CARR) stock move recently?

On 8/4/2026, Carrier Global moved +4.0% — Carrier rose on renewed positive coverage highlighting its data center exposure and the raised 2026 sales/EPS guidance from its late-July Q2 results, which showed strong order growth (>40% overall, >300% in data centers). This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Carrier Global (CARR) overvalued or fairly valued?

MarketChacha shows Carrier Global's valuation in context — a trailing P/E of about 30.9, a forward P/E of about 17.9, a price-to-book of about 3.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Carrier Global's revenue?

Carrier Global reported revenue of $21.7B for FY2025, with net profit of $1.5B, per official filings.

What is the share price of Carrier Global (CARR)?

Carrier Global last traded at $59.71 (+3.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Carrier Global

CARR · NYSE · Industrials · United States

Snapshot

TickerCARR

ExchangeNYSE

SectorIndustrials

IndustryBuilding Products & Equipment

CountryUnited States

Employees47,000

HeadquartersPalm Beach Gardens, United States

Websitewww.carrier.com

Filings tracked14

About Carrier Global

Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also 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, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

Who owns it

Insiders4.8%
Institutions90.0%
Public & other5.3%

2,114 institutional holders

Ownership breakdown from public market data.

Top holders

Capital Research Global Investors12.87%
Blackrock Inc.8.15%
Vanguard Capital Management LLC6.22%
Vanguard Portfolio Management LLC4.44%
JPMORGAN CHASE & CO4.18%
State Street Corporation4.17%
Dodge & Cox Inc.3.33%
Capital World Investors2.35%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only 0.67× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.67×

Net margin trend7.1% → 6.8%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 7% · PAT 5%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $5.6B · EPS 0.71

Est. earnings growth +108.5%

Next fiscal year

Rev $24.3B · EPS 3.31

Est. earnings growth +14.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$21.7B

Net margin

6.8%

ROE

10.5%

Revenue CAGR (2y)

+7.1%

Profit CAGR (2y)

+4.9%

EPS (FY2025)

1.72

Net profit (FY2025)

$1.5B

Ask MarketChacha about CARR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 4, 2026
Carrier rose on renewed positive coverage highlighting its data center exposure and the raised 2026 sales/EPS guidance from its late-July Q2 results, which showed strong order growth (>40% overall, >300% in data centers).
source 1 ↗source 2 ↗source 3 ↗· confidence: medium
Jul 28, 2026
Carrier Global fell sharply after reporting Q2 2026 results that beat EPS/revenue estimates and raised full-year sales, adj. op. profit and adj. EPS guidance, but showed y/y declines in operating margins (down ~190 bps adjusted) due to mix, input costs and segment pressures.
source 1 ↗source 2 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$21.7B	$1.5B	1.72	6.8%	10.5%
FY2024	$22.5B	$5.6B	6.15	24.9%	38.9%
FY2023	$19.0B	$1.3B	1.58	7.1%	15.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$5.3B	$238.0M	0.28	4.5%
2025Q3	$5.6B	$428.0M	0.50	7.7%
2025Q2	$6.1B	$591.0M	0.68	9.7%
2025Q1	$5.2B	$412.0M	0.47	7.9%
2024Q4	$5.1B	—	—	—
2024Q3	$6.0B	$447.0M	0.49	7.5%
2024Q2	$5.9B	$2.3B	2.55	39.4%
2024Q1	$5.4B	$269.0M	0.29	5.0%
2023Q4	$4.3B	—	—	—
2023Q3	$4.9B	$357.0M	0.42	7.2%
2023Q2	$5.2B	$233.0M	0.23	4.5%
2023Q1	$4.5B	$387.0M	0.44	8.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/28/2026
8-K — Results of operations, Exhibits
SEC7/28/2026material
8-K — Executive/director change, Exhibits
SEC7/24/2026material
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Shareholder vote results
SEC4/16/2026material
8-K — Results of operations
SEC2/5/2026material
10-K filing
SEC2/5/2026

2025

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/28/2025material
10-Q filing
SEC10/28/2025
8-K — Executive/director change
SEC9/4/2025material
8-K — Results of operations, Exhibits
SEC7/29/2025material
10-Q filing
SEC7/29/2025
8-K — Other events, Exhibits
SEC7/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.