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Carrier Global Corp Ordinary Shares CARR Stock Quote

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Morningstar‘s Stock Analysis CARR

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Is it the right time to buy or sell?

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Increased Service Penetration Is a Key Revenue Opportunity for Carrier

Business Strategy and Outlook

| Brian Bernard, CFA, CPA |

Carrier Global, a leading supplier of climate control and fire and security solutions, was spun off from United Technologies in April 2020. In our view, Carrier is a high-quality franchise with leading brands across most of its product portfolio.

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Company Profile CARR

Business Description

Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products.

13995 Pasteur Boulevard
Palm Beach Gardens, FL, 33418
T +1 561 365-2000
Industry Building Products & Equipment
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 58,000

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