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    Carrier Global Corp (CARR)

    Official site

    INDUSTRIALS • BUILDING PRODUCTS & EQUIPMENT • NYSE

    $54.96
    +0.72 (+1.33%)

    Market Cap: $45.30B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(23/26)
    Avg Surprise
    +10.60%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.77
    Range$0.70 - $0.94
    22 analysts
    EPS Revisions
    1
    0
    7d
    1
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$0.86-10.9%
    60d ago$0.78-1.3%
    30d ago$0.77-0.5%
    7d ago$0.77-0.1%
    Current$0.77
    Revenue Consensus
    $6.1B
    Range$6.0B - $6.2B
    18 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.79
    Range$0.66 - $0.84
    26 analysts
    Revenue Consensus
    $6.2B
    Range$5.8B - $6.6B
    24 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.79---
    Sep 26EST
    -$0.77---
    Jun 26
    Reported Jul 28
    $0.86$0.83+3.61%Beat-6.5%
    Mar 26
    Reported Apr 30
    $0.57$0.51+11.76%Beat-12.3%
    Dec 25
    Reported Feb 5
    $0.34$0.36-5.56%Miss-37.0%
    Sep 25
    Reported Oct 28
    $0.67$0.57+17.54%Beat-13.0%
    Jun 25
    Reported Jul 29
    $0.92$0.90+2.22%Beat+5.7%
    Mar 25
    Reported May 1
    $0.65$0.58+12.07%Beat+4.8%
    Dec 24
    Reported Feb 11
    $0.54$0.48+12.50%Beat+1.9%
    Sep 24
    Reported Oct 24
    $0.77$0.79-2.53%Miss-13.5%
    Jun 24
    Reported Jul 25
    $0.87$0.85+2.35%Beat+10.1%
    Mar 24
    Reported Apr 25
    $0.62$0.50+24.00%Beat+19.2%
    Dec 23
    Reported Feb 6
    $0.53$0.51+3.92%Beat+32.5%
    Sep 23
    Reported Oct 26
    $0.89$0.79+12.66%Beat+27.1%
    Jun 23
    Reported Jul 27
    $0.79$0.77+2.60%Beat+14.5%
    Mar 23
    Reported Apr 25
    $0.52$0.48+8.33%Beat-3.7%
    Dec 22
    Reported Feb 7
    $0.40$0.40+0.00%Beat-9.1%
    Sep 22
    Reported Oct 27
    $0.70$0.65+7.69%Beat-1.4%
    Jun 22
    Reported Jul 28
    $0.69$0.62+11.29%Beat+7.8%
    Mar 22
    Reported Apr 28
    $0.54$0.47+14.89%Beat+12.5%
    Dec 21
    Reported Feb 8
    $0.44$0.39+12.82%Beat+41.9%
    Sep 21
    Reported Oct 28
    $0.71$0.66+7.58%Beat+6.0%
    Jun 21
    Reported Jul 29
    $0.64$0.55+16.36%Beat+93.9%
    Mar 21
    Reported Apr 29
    $0.48$0.37+29.73%Beat+37.1%
    Dec 20
    Reported Feb 9
    $0.31$0.36-13.89%Miss-42.6%
    Sep 20
    Reported Oct 29
    $0.67$0.46+45.65%Beat-
    Jun 20
    Reported Jul 30
    $0.33$0.25+32.00%Beat-
    Mar 20
    Reported May 8
    $0.35$0.33+6.06%Beat-
    Dec 19
    Reported Feb 7
    $0.54$0.00N/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield1.75%
    Forward Annual Dividend$0.96
    Payout Ratio32.78%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+12.33%

    Key Metrics

    Valuation
    P/E Ratio22.52EV/EBITDA18.72x
    Price/FCF23.61xFCF Yield4.24%
    Profitability
    Profit Margin5.52%Operating Margin13.10%
    ROE8.97%ROIC6.57%
    Financial Health
    Debt/Equity0.91xInterest CoverageN/A
    Current Ratio1.02xQuick Ratio0.72x
    Trading Statistics
    Beta1.29Avg Volume6.35M
    52-Week High$76.4852-Week Low$49.67

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$55.30
    SMA 20$55.22
    SMA 50$57.87
    SMA 200$61.45
    EMA 10$55.16
    EMA 20$55.60
    EMA 50$57.89
    EMA 200$61.02

    MACD

    Line: -0.78Signal: -0.94Hist: 0.16

    ADX

    ADX: 20.8+DI: 19.1-DI: 25.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down24.0
    PSAR$56.73

    Bollinger Bands

    Upper Band$56.42
    Lower Band$54.02
    %B Position436%(Upper)
    Band Width0.39

    RSI (14-Day)

    Neutral
    42.9

    Momentum Oscillators

    Stoch %K33.9
    Stoch %D39.3
    Williams %R-55.8
    ROC (10d)-0.5%
    Momentum-0.26
    CCI (20d)-73.7
    MFI (14d)34.6

    Volatility Measures

    ATR (14d)$1.45(2.6%)
    StdDev (20d)0.60
    Hist Vol19.0%(Low)

    Volume Flow

    VWAP$54.65
    OBV-84.0M
    AD Line-2.1B
    CMF (20d)0.124

    Volume Metrics

    Avg Vol (20d)6.3M
    Vol Ratio0.9x
    VWMA (20d)$55.05

    Pivot Points

    R3$55.82
    R2$55.24
    R1$54.74
    Pivot Point$54.16
    S1$53.66
    S2$53.08
    S3$52.58

    Advanced Oscillators

    TSI-17.52
    Ultimate Osc54.4
    KST-39.32

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$6.35B$5.34B$4.84B$5.58B$6.11B$5.22B$5.15B$5.98B$5.93B$5.42B$2.75B$4.93B
    Cost of Revenue$4.62B$4.10B$3.88B$4.13B$4.34B$3.77B$3.80B$4.31B$4.36B$4.04B$2.21B$3.45B
    Gross Profit$1.73B$1.24B$961.00M$1.45B$1.77B$1.45B$1.34B$1.68B$1.57B$1.39B$543.00M$1.49B
    Operating Expenses$903.00M$985.00M$860.00M$910.00M$866.00M$816.00M$570.00M$914.00M$851.00M$1.00B$-138,000,000$1.05B
    R&D$148.00M$143.00M$160.00M$151.00M$161.00M$153.00M$162.00M$172.00M$160.00M$192.00M$77.00M$126.00M
    SG&A$810.00M$861.00M$747.00M$803.00M$813.00M$729.00M$802.00M$799.00M$789.00M$807.00M$438.00M$664.00M
    Operating Income$825.00M$259.00M$101.00M$539.00M$903.00M$629.00M$774.00M$763.00M$724.00M$385.00M$681.00M$435.00M
    Interest Income$-105,000,000$-90,000,000$-94,000,000$-97,000,000$-91,000,000$-82,000,000$-81,000,000$8.00M$-157,000,000$-141,000,000$-83,000,000$36.00M
    Interest Expense$104.00M$89.00M$96.00M$106.00M$91.00M$81.00M$81.00M$0$157.00M$141.00M$84.00M$0
    Income Before Tax$721.00M$170.00M$5.00M$433.00M$812.00M$548.00M$693.00M$770.00M$567.00M$244.00M$597.00M$471.00M
    Income Tax Expense$180.00M$-96,000,000$-32,000,000$-1,000,000$162.00M$111.00M$723.00M$172.00M$120.00M$47.00M$33.00M$177.00M
    Net Income$541.00M$265.00M$62.00M$455.00M$633.00M$437.00M$2.57B$481.00M$2.37B$289.00M$439.00M$381.00M
    EBITDA$1.14B$575.00M$428.00M$855.00M$1.22B$933.00M$1.09B$1.07B$1.02B$693.00M$804.00M$530.00M
    EBIT$826.00M$260.00M$99.00M$530.00M$903.00M$630.00M$774.00M$762.00M$724.00M$385.00M$681.00M$435.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $2.60M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    13.7%
    Active Awards
    45
    New Awards (TTM)
    28
    Avg Remaining Term
    12.1 mo

    Top agency: Department of Veterans Affairs at 46.5% of trailing twelve month obligations across 10 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    36C24426C0017Department of Veterans AffairsDepartment of Veterans Affairs$260511Dec 22, 2025
    70Z03426PHONO0145Department of Homeland SecurityU.S. Coast Guard$212638May 19, 2026
    75H70726P00053Department of Health and Human ServicesIndian Health Service$173875Mar 5, 2026
    36C24826P0816Department of Veterans AffairsDepartment of Veterans Affairs$162451May 4, 2026
    FA805126F0020Department of DefenseDepartment of the Air Force$148020Mar 16, 2026
    36C24825P1742Department of Veterans AffairsDepartment of Veterans Affairs$123201Jul 30, 2025
    36C25526P0252Department of Veterans AffairsDepartment of Veterans Affairs$108500Jul 2, 2026
    W912EE26PA022Department of DefenseDepartment of the Army$88629Apr 17, 2026
    36C24125P0860Department of Veterans AffairsDepartment of Veterans Affairs$87952Sep 26, 2025
    28321325P00050134Social Security AdministrationSocial Security Administration$82544Sep 30, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    CARR Valuation and Fair Value

    P/E
    22.5x
    Forward P/E
    16.3x
    EV/EBITDA
    18.7x
    P/FCF
    23.6x
    PEG
    1.1x
    P/B
    3.5x
    See GNG's fair value

    CARR Profitability: Margins, ROIC and FCF

    Gross margin
    24.3%
    Operating margin
    13.1%
    Net margin
    5.5%
    ROIC
    6.6%
    ROE
    9.0%
    FCF margin
    8.7%
    FCF yield
    4.2%

    CARR Analyst Ratings

    Consensus
    Buy
    Analysts
    25
    Strong Buy
    2
    Buy
    12
    Hold
    11
    Sell
    0
    Strong Sell
    0

    CARR Bull Case vs Bear Case

    Bull case

    • CARR beat EPS estimates in 75.0% of its last 8 reported quarters.

    CARR Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    6.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.77
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 2 down

    CARR Dividend

    Forward yield
    1.7%
    Payout ratio
    32.8%
    3Y DPS growth
    12.3%
    Pay months
    Feb, May, Aug, Nov
    CARR dividend history

    Frequently Asked Questions About CARR

    What is CARR's current dividend yield?

    Carrier Global Corp (CARR) has a forward dividend yield of 1.75%.

    Does CARR pay dividends?

    Yes, Carrier Global Corp pays dividends with a forward dividend yield of 1.75%.

    What is CARR's P/E ratio?

    Carrier Global Corp has a price-to-earnings (P/E) ratio of 22.52.

    What is CARR's market cap?

    Carrier Global Corp (CARR) has a market capitalization of $45.30B with a current stock price of $54.96.

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