Carrier Global Corporation

About Carrier Global Corporation

Carrier Global Corporation (CARR) is a leading global HVAC and refrigeration equipment manufacturer spun from United Technologies in 2020. The NYSE-listed company operates iconic brands including Carrier, Bryant, Payne, and Heil, serving commercial, residential, and transportation markets. With 75% revenue from equipment sales and 25% from parts/services, CARR maintains a diversified geographic footprint: 50% US, 30% Europe, and 20% Asia-Pacific. The 2024 Viessmann Climate Solutions acquisition strengthened European operations with heat pump, boiler, and solar PV capabilities. Strategic divestitures of fire/security and commercial refrigeration divisions streamlined focus on core HVAC and refrigeration solutions while reducing debt. CARR benefits from rising demand for energy-efficient climate control and refrigeration systems globally, positioning it as a key player in the industrial technology sector.