Carrier Global Corporation: stock overview

CARRNYSEIndustrials · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

Price

$54.20

November 13, 2026Market cap $45.3B

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  • The full history: 8 fiscal years, from 2018
  • The estimated fair value, with its range and its certainty
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  • Excel with every year
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In short

Carrier Global had revenue of $22.8B over the last 12 months and a net loss of $1.8B. Revenue grew by 4.5% a year on average over the last 5 years. It has net debt of $10.1B. It pays a dividend yielding 1.74%.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$45.3B
836M shares
P/E
–
median of 5 years: 29.0
Revenue, 12 months
$22.8B
+4.5% a year over 5 years
Net margin
-7.9%
2025: 6.8%, above 52% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+7.1% a year over 2 years

  • 202510-K
    Revenue$21.7B
  • 202410-K
    Revenue$22.5B
  • 202310-K
    Revenue$19.0B

Fiscal years in figures

CARR's revenue, profit, cash flow and dividend with each year-end price, from 2018 to 2022, 5 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $51.6B
$45.3B
Enterprise value 
$55.4B
P/E 3-year median: 30.7
–
EV / EBIT 
–
EV / Revenue 
2.4
P/B 3-year median: 4.1
4.4
FCF yield 3-year median: 4.2%
5.3%
Earnings yield 3-year median: 3.3%
–

Profitability

Operating margin 
-4.8%
Net margin 3-year median: 7.1%
-7.9%
ROIC 
-3.4%
ROIC, 5-year average 
10.6%
ROE 
-13.5%

Growth

Revenue, yearly change 
-3.3%
EPS, yearly change 
-72.0%
FCF, yearly change 
+4,720.5%
Revenue, average a year 
+4.5%
EPS, average a year 
-5.2%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$1.4B
Total debt 
$11.9B
Of which operating leases 
$402M
Net debt 
$10.1B
Net debt / EBITDA 
54.4x
Interest cover 
-2.4x
Current ratio 
1.00

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 3-year median: 1.3%
1.74%
Buybacks 
6.38%
Total returned 
8.12%
Shares, yearly change 
-3.7%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 35).

Operating margin

10.0%

Above 53% of the 138 companies in its industry, and 64% of all.

Net margin

6.8%

Above 52% of the 147 companies in its industry, and 57% of all.

ROE

10.5%

Above 53% of the 136 companies in its industry, and 62% of all.

ROA

4.0%

Above 49% of the 146 companies in its industry, and 67% of all.

Revenue growth

-3.3%

Above 18% of the 144 companies in its industry, and 20% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
CARRIER GLOBAL Corp
Exchange
NYSE
Industry (SIC)
3585 · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
836M

Other companies: Industrials

The largest companies of the same sector, each with its own page.

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The full analysis

What do Carrier Global's filings show?

These are Carrier Global's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about CARR

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What is CARR's market cap?

Carrier Global Corporation's market cap is $45.3B, at a price of $54.20 on November 13, 2026 and 836M shares.

How much revenue does CARR have?

Carrier Global had revenue of $22.8B over the last 12 months. Over the last 5 years it changed by +4.5% a year on average.

Does CARR pay a dividend?

Yes. Carrier Global paid $0.94 per share over the last 12 months, a yield of 1.74% at today's price. All the figures are in the Dividend section.

Where do the figures come from?

From Carrier Global Corporation's SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.