Skip to Content

Carrier Global Corp Ordinary Shares CARR

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Carrier Reports Outstanding Second-Quarter Results and Provides More Clarity on the Chubb Sale

Analyst Note

| Brian Bernard, CFA, CPA |

Carrier's second-quarter performance far exceeded our expectations due to strong demand across the firm's product portfolio. Revenue increased 37% year over year to $5.4 billion, and its adjusted operating margin expanded 310 basis points to 15.1%. Adjusted EPS nearly doubled to $0.64.

Read Full Analysis

Company Profile

Business Description

Carrier Global Corp manufactures heating, ventilation, and air-conditioning, refrigeration, and fire and security products. Carrier's HVAC business serves both residential and commercial markets (60% of HVAC sales). 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.

Contact
13995 Pasteur Boulevard
Palm Beach Gardens, FL, 33418
T +1 561 365-2000
Sector Industrials
Industry Building Products & Equipment
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type Slow Growth
Employees 56,000

Related