Carrier Global(NYSE) CARR

Carrier Global Corporation 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.