Carrier Global(NYSE) CARR

Carrier Global Corporation NYSE:CARR manages temperature and air in buildings. It keeps food and medicine cold during transport. Carrier also provides fire and security systems.

How Carrier Controls the Climate

• Climate Solutions Americas: Heating, cooling, and ventilation systems for residential and commercial customers in the Americas; generated $3.4 billion of net sales in the three months ended June 30, 2026.
• Climate Solutions Europe: Energy-efficient thermal solutions and building controls for European markets; produced $1.3 billion of net sales in the three months ended June 30, 2026.
• Climate Solutions Asia Pacific, Middle East & Africa: Climate and energy products for residential and commercial use in Asia Pacific, the Middle East, and Africa; accounted for $917 million of net sales in the three months ended June 30, 2026.
• Climate Solutions Transportation: Refrigeration systems for trucks, trailers, and shipping containers used in the global cold chain; represented $738 million of net sales in the three months ended June 30, 2026.

Reshaping the Portfolio

• Entered an agreement on Dec. 16, 2025, to sell the Riello business for approximately $430 million.
• Completed the divestiture of the Riello thermal solutions business on July 1, 2026.
• Spent $748 million to repurchase 12.0 million shares of common stock during the six months ended June 30, 2026.
• Recorded a $46 million non-deductible impairment charge related to the Riello sale during the three months ended June 30, 2026.

What Makes Carrier Different?

Carrier focuses on digital innovation to create energy-efficient climate solutions for buildings and transport. The company leverages mega-trends like urbanization and electrification to drive long-term demand for its products.

Key Results From 2026

• Net sales reached $6.4 billion in the three months ended June 30, 2026, up 4% year over year.
• Net earnings attributable to common shareowners were $501 million in the three months ended June 30, 2026, down 15% year over year.
• Non-GAAP adjusted operating profit was $1.1 billion in the three months ended June 30, 2026.
• Net cash provided by continuing operating activities was $953 million for the six months ended June 30, 2026.

Evolution to Intelligent Solutions

Carrier has evolved into a specialist in intelligent climate and energy solutions. Its focus on urbanization and electrification helps the company adapt to changing global infrastructure needs.