Carrier Global Corporation (CARR)
Carrier Global is a household name in heating, cooling, and refrigeration, keeping buildings comfortable and food fresh across the globe.
Is Carrier Global Corporation a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Strong, recognisable brand in essential building services. Worth weighing: Low net profit margins leave little room for error. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Carrier Global Corporation actually fallen?
Over the last 2 years of daily prices, Carrier Global Corporation fell as much as −39% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Dominance in the green building technology market.
Loss of market share to cheaper international competitors.
What does Carrier Global Corporation do?
Carrier makes the air conditioning, heating, and ventilation systems found in homes and offices, alongside commercial refrigeration units for supermarkets. Selling these systems—and providing the ongoing maintenance and parts needed to keep them running—is where the money is. A lot rides on how they handle the shift toward more energy-efficient technology, now a top priority for building owners everywhere.
On our factor screen it looks strongest on income and value, and weakest on growth.
- ✓Pays a dividend - about 1.6% a year
- ✓Growing - revenue up about 4% over the year
- !High P/E of 44 - big growth is already priced in
- Strong, recognisable brand in essential building services
- Steady income from maintenance and service contracts
- Increasing demand for energy-efficient climate control
- Quality screens low (29/100)
- Growth screens low (20/100)
- Rising costs of raw materials like copper and steel
- Tough competition from global industrial rivals
- Economic downturns reducing spending on new building projects
What do Carrier Global Corporation's numbers mean?
How much money does Carrier Global Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Carrier Global Corporation pay a dividend?
Yes - Carrier Global Corporation currently pays a dividend of about 1.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Carrier Global Corporation's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Carrier Global Corporation report earnings, and how did recent quarters go?
Carrier Global Corporation is next scheduled to report on about 2026-10-27 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-28 | $0.82 | $0.86 | Beat +5% |
| 2026-04-30 | $0.51 | $0.57 | Beat +12% |
| 2026-02-05 | $0.36 | $0.34 | Missed -5% |
| 2025-10-28 | $0.57 | $0.67 | Beat +18% |
| 2025-07-29 | $0.90 | $0.92 | Beat +2% |
| 2025-05-01 | $0.58 | $0.65 | Beat +11% |
Across the last 6 quarters here, Carrier Global Corporation came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Carrier Global Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong, recognisable brand in essential building services
- Steady income from maintenance and service contracts
- Increasing demand for energy-efficient climate control
- Low net profit margins leave little room for error
- Recent earnings growth has been negative
- Sensitive to the ups and downs of the construction industry
- Rising costs of raw materials like copper and steel
- Tough competition from global industrial rivals
- Economic downturns reducing spending on new building projects
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained drop in global construction activity
- A major shift in regulations that makes their current technology obsolete
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.