Carrier Global Corp
Research Carrier Global Corp (CARR) on Bullrun: valuation model: 30.3% overvalued, market cap USD 45.84B, P/E 39.2, dividend yield 1.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCARR
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustryBuilding Products & Equipment
- CurrencyUSD
- Valuation signal30.3% overvalued
- Market capUSD 45.84B
- P/E39.2
- Dividend yield1.7%
- Financial periodQ2 2026
- RevenueUSD 6.35B
- Net incomeUSD 501.00M
- Free cash flowUSD 810.00M
- Gross margin27.2%
Valuation Snapshot
Bullrun's latest valuation model marks Carrier Global Corp as 30.3% overvalued; latest market cap is USD 45.84B; P/E is 39.2; dividend yield is 1.7%.
Peer valuation comparison
Latest P/E is 39.15x versus a Industrials sector median of 21.2x (84.7% above).
Latest dividend yield is 1.71% versus a Industrials sector median of 2.27% (24.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 21.75B | USD 1.48B | USD 2.12B | 25.9% | 1.72 | USD 1.56B | USD 11.83B | USD 14.13B |
| FY2024 | USD 22.49B | USD 5.60B | USD 44.00M | 26.6% | 6.15 | USD 3.97B | USD 12.36B | USD 14.40B |
| FY2023 | USD 18.95B | USD 1.35B | USD 2.17B | 27.2% | 1.58 | USD 9.85B | USD 14.29B | USD 9.01B |
| FY2022 | USD 17.29B | USD 3.53B | USD 1.43B | 24.9% | 4.1 | USD 3.30B | USD 8.84B | USD 8.08B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 45.84B | 39.2 | 1.7% | 0.95 |
| 2025 | 2025-12-31 | USD 44.18B | 30.9 | 1.3% | 0.69 |
| 2024 | 2024-12-31 | USD 59.96B | 32.4 | 1.2% | 0.8 |
| 2023 | 2023-12-29 | USD 48.20B | 40.7 | 1.3% | 0.76 |
| 2022 | 2022-12-30 | USD 34.50B | 10.0 | 1.6% | 0.64 |
| 2021 | 2021-12-31 | USD 46.81B | 29.0 | 0.9% | 0.51 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.95 USD, yield 1.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.68 USD |
| FY2024 | 0.8 USD |
| FY2023 | 0.75 USD |
| FY2022 | 0.64 USD |
About Carrier Global Corp
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.
ETFs that hold Carrier Global Corp
Carrier Global Corp is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Global X CleanTech UCITS ETF USD Acc | 4.50% | 0.50% |
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Frequently asked questions
Is Carrier Global Corp overvalued or undervalued?
Bullrun's valuation model currently marks Carrier Global Corp as 30.3% overvalued.
What is Carrier Global Corp's market cap?
Carrier Global Corp's market capitalization is USD 45.84B.
What is Carrier Global Corp's P/E ratio?
Carrier Global Corp's price-to-earnings (P/E) ratio is 39.2.
Does Carrier Global Corp pay a dividend?
Carrier Global Corp has a dividend yield of 1.7%.
What does Carrier Global Corp do?
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.