Carrier Global Corporation CARR

Company Overview

Carrier Global Corporation is a global provider of heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security solutions serving residential, commercial, industrial, and transportation markets. The company’s core revenue is driven by the design, manufacture, and servicing of climate control systems, cold-chain solutions, and life-safety technologies. Carrier serves a diverse customer base that includes homeowners, commercial building owners, data centers, food and beverage producers, retailers, and transportation and logistics operators.

The company traces its origins to 1915, when founder Willis Carrier invented modern air conditioning. Carrier operated for decades as a business unit within United Technologies before becoming an independent publicly traded company in 2020. Since the spin-off, Carrier has pursued a strategy centered on climate solutions, energy efficiency, and digital-enabled services, positioning itself as a pure-play climate and building solutions company with a strong installed base and recurring aftermarket revenue.