CARR Share Price | Carrier Global Corp. Stock Analysis & Recommendation

Q: Is Carrier Global Corp. overvalued or undervalued?

As of 17 October 2025, Carrier Global Corp. has moved from a fair to an expensive valuation grade. The company appears to be overvalued based on its current metrics, with a P/E ratio of 18, a Price to Book Value of 4.42, and an EV to EBITDA of 17.50. In comparison to peers, GE Aerospace has a significantly higher P/E ratio of 136.79, while Lam Research Corp. shows a more attractive P/E of 57.14.In the context of recent performance, Carrier Global Corp. has underperformed relative to the S&P 500, with a year-to-date return of -17.67% compared to the index's 13.30%. This trend reinforces the notion that the stock may be overvalued given its lackluster returns despite a high valuation relative to its peers.

Q: Is Carrier Global Corp. technically bullish or bearish?

As of 19 September 2025, the technical trend for Carrier Global Corp. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals. The daily moving averages also confirm a bearish trend. The monthly indicators, including MACD and KST, are mildly bearish, suggesting some weakness but not a strong downtrend. In terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -11.65% versus the S&P 500's 13.31%, and a one-year return of -24.54% compared to the S&P 500's 16.64%.

Q: How big is Carrier Global Corp.?

Market Cap: As of Jun 18, Carrier Global Corp. has a market capitalization of 60,221.22 million, categorizing it as a Large Cap company.Recent Quarterly Performance: For the latest four quarters, Carrier Global Corp. reported net sales of 23,039.00 million and a net profit of 3,374.00 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 14,081.00 million and total assets of 37,403.00 million.

Q: What does Carrier Global Corp. do?

Overview: Carrier Global Corp. is a provider of heating, ventilation, and air conditioning (HVAC), refrigeration, fire, and security solutions, operating in the Industrial Manufacturing industry with a large-cap market presence.Financial Snapshot: Most recent Net Sales: 5,218 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 437 Million (Quarterly Results - Mar 2025) Market-cap: USD 60,221.22 Million (Large Cap)Key Metrics: P/E: 18.00 Dividend Yield: 146.74% Debt Equity: 0.68 Return on Equity: 24.96% Price to Book: 4.35Contact Details: Address: 13995 Pasteur Boulevard, PALM BEACH GARDENS FL: 33418 Tel: 1 860 7287845 Website: https://www.carrier.com/

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.65 M

Shareholding (Mar 2026)

FII

14.56%

Held by 473 FIIs

DII

85.44%

Held by 122 DIIs

Promoter

0.01%

Is Carrier Global Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Carrier Global Corp. is considered overvalued with a P/E ratio of 18 and a year-to-date return of -17.67%, underperforming the S&P 500's 13.30% return.

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Is Carrier Global Corp. technically bullish or bearish?

23-Sep-2025

As of September 19, 2025, Carrier Global Corp. is in a bearish trend with weak strength indicators, having underperformed the S&P 500 with year-to-date and one-year returns of -11.65% and -24.54%, respectively.

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How big is Carrier Global Corp.?

22-Jun-2025

As of Jun 18, Carrier Global Corp. has a market capitalization of $60.22 billion, with recent net sales of $23.04 billion and a net profit of $3.37 billion.

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What does Carrier Global Corp. do?

22-Jun-2025

Carrier Global Corp. provides HVAC, refrigeration, fire, and security solutions in the Industrial Manufacturing sector, with a recent net sales of $5.2 billion and a market cap of $60.2 billion. Key financial metrics include a P/E ratio of 18.00 and a return on equity of 24.96%.

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Compare Carrier Global Corp. with Similar Stocks

Parker-Hannifin Corp.Illinois Tool Works Inc.Lam Research Corp.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Negative results in Jun 25

OPERATING CASH FLOW(Y) Lowest at USD 995 MM
ROCE(HY) Lowest at 10.79%
PRE-TAX PROFIT(Q) At USD 868 MM has Fallen at -38.51%

With ROCE of 12.10%, it has a attractive valuation with a 3.03 Enterprise value to Capital Employed

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Industrial Manufacturing

Market cap

USD 45,632 Million (Large Cap)

P/E

26.00

Industry P/E

Dividend Yield

83.48%

Debt Equity

0.75

Return on Equity

12.81%

Price to Book

3.31

Revenue and Profits:

Net Sales:

5,341 Million

(Quarterly Results - Mar 2026)

Net Profit:

266 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

27.39%

6 Months

33.14%

1 Year

0.15%

2 Years

10.57%

3 Years

51.77%

4 Years

105.75%

5 Years

51.67%

Carrier Global Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

4.49%

EBIT Growth (5y)

2.24%

EBIT to Interest (avg)

7.70

Debt to EBITDA (avg)

2.69

Net Debt to Equity (avg)

0.68

Sales to Capital Employed (avg)

0.90

Tax Ratio

39.04%

Dividend Payout Ratio

52.40%

Pledged Shares

Institutional Holding

87.03%

ROCE (avg)

17.74%

ROE (avg)

29.02%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.31

EV to EBIT

25.75

EV to EBITDA

16.24

EV to Capital Employed

2.31

EV to Sales

2.58

PEG Ratio

0.60

Dividend Yield

83.48%

ROCE (Latest)

8.99%

ROE (Latest)

12.81%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 163 Schemes (45.6%)

Foreign Institutions

Held by 473 Foreign Institutions (14.56%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

5,341.00

4,837.00

10.42%

Operating Profit (PBDIT) excl Other Income

651.00

490.00

32.86%

Interest

111.00

115.00

-3.48%

Exceptional Items

-108.00

-96.00

-12.50%

Consolidate Net Profit

266.00

37.00

618.92%

Operating Profit Margin (Excl OI)

62.90%

33.30%

2.96%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 10.42% vs -13.30% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 618.92% vs -91.47% in Dec 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

21,747.00

22,486.00

-3.29%

Operating Profit (PBDIT) excl Other Income

3,438.00

3,477.00

-1.12%

Interest

458.00

580.00

-21.03%

Exceptional Items

-234.00

-194.00

-20.62%

Consolidate Net Profit

1,558.00

1,212.00

28.55%

Operating Profit Margin (Excl OI)

99.50%

99.80%

-0.03%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is -3.29% vs 1.76% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 28.55% vs -15.83% in Dec 2024

All Annual Results

Company CV

About Carrier Global Corp.

Carrier Global Corp.

Industrial Manufacturing

Carrier Global Corp is a provider of heating, ventilation, and air conditioning (HVAC), refrigeration, fire and security solutions. The Company operates through three segments: HVAC; Refrigeration; and Fire & Security. The HVAC segment provides products, controls, services and solutions to meet the heating and cooling needs of residential and commercial customers. The Refrigeration segment is comprised of transport refrigeration and commercial refrigeration products and solutions. Its transport refrigeration products and services include refrigeration and monitoring systems for trucks, trailers, intermodal and rail. Its commercial refrigeration equipment solutions preserve freshness of retail food and beverage. Its fire and security products include a range of residential and building systems, including fire, flame, gas, smoke and carbon monoxide detection; fire suppression systems, intruder alarms; access control systems and video management systems; and electronic controls.

Company Coordinates

Company Details

13995 Pasteur Boulevard , PALM BEACH GARDENS FL : 33418

Tel: 1 860 7287845

https://www.carrier.com/

Registrar Details