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Upturn AI Summary - About
Carrier Global Corp(CARR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CARR
09/28/2026: CARR (2-star) is currently NOT-A-BUY. Pass it for now.
Carrier Global Corp is a leading global provider of HVAC and energy-efficient building solutions that became an independent entity in 2020. The company has a significant market position and benefits from a large installed base that drives consistent service revenue, an essential aspect of its financial model. Its primary investment story involves a strategic pivot toward sustainable technologies like heat pumps and smart building systems, bolstered by major acquisitions. Investors must monitor execution risks regarding the integration of these assets, as well as macroeconomic sensitivity to construction cycles. The stock may suit value and dividend-focused investors seeking exposure to essential industrial infrastructure through a more focused, climate-centric business.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers moderate growth through structural efficiency and market expansion rather than explosive technology-driven growth. |
| Momentum investor | Mixed fit | Momentum is conditional on positive market sentiment regarding industrial construction cycles and energy transition tailwinds. |
| Value investor | Strong fit | Carrier is often viewed by value investors for its cash-generative potential and stable role in the essential building infrastructure market. |
| Dividend investor | Strong fit | The company provides reliable dividend income supported by its entrenched position in global building maintenance and climate control. |
| Low-risk investor | Strong fit | As a provider of essential building climate systems, Carrier exhibits lower volatility compared to high-growth tech sectors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock is subject to broader industrial market trends and macroeconomic construction cycles. |
| Valuation risk | Medium | Pricing depends on the company's ability to successfully integrate major acquisitions like Viessmann. |
| Competition risk (HVAC/Climate) | High | The company faces intense pressure from global rivals like Daikin and Trane in technical innovation and pricing. |
| Business quality | Strong | Carrier benefits from a durable, essential product base and a large installed-base service business. |
| Dividend income | Medium | Dividend sustainability is solid but depends on consistent free cash flow generation and debt management. |
| Execution risk | Medium | Significant organizational restructuring and recent M&A require precise management execution to realize promised synergies. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 16.36% | Avg. Invested days 56 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 46.47B USD | Price to earnings Ratio 40.26 | 1Y Target Price 77.14 |
Price to earnings Ratio 40.26 | 1Y Target Price 77.14 | ||
Volume (30-day avg) 6.5M shares | Beta 1.3 | 52 Weeks Range 49.67 - 76.48 | Updated Date 09/27/2026 |
52 Weeks Range 49.67 - 76.48 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 1.72% | Basic EPS (TTM) 1.4 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| HVAC | Heating and cooling products for residential and commercial customers. | The company's core driver; relies on replacement cycles and new construction demand. |
| Service & Aftermarket | Maintenance, repairs, and digital monitoring services. | Provides stable, recurring revenue streams that dampen the impact of new unit sales volatility. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 40.26 | Forward PE 16.31 | Enterprise Value 56.47B | Price to Sales(TTM) 2.12 |
Enterprise Value 56.47B | Price to Sales(TTM) 2.12 | ||
Enterprise Value to Revenue 2.55 | Enterprise Value to EBITDA 18.34 | Shares Outstanding 824.33M | Shares Floating 784.10M |
Shares Outstanding 824.33M | Shares Floating 784.10M | ||
Percent Insiders 4.76 | Percent Institutions 89.94 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Carrier Global Corp
Exchange NYSE | Headquarters Palm Beach Gardens, FL, United States | ||
IPO Launch date 2020-04-03 | Chairman & CEO Mr. David L. Gitlin | ||
Sector Industrials | Industry Building Products & Equipment | Full time employees 47000 | Website https://www.carrier.com |
Full time employees 47000 | Website https://www.carrier.com | ||
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. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
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