/Carrier%20Global%20Corp%20location%20sign-by%20Jonathan%20Weiss%20via%20Shutterstock.jpg)
With a market cap of $56.2 billion, Carrier Global Corporation (CARR) is a leading global provider of innovative heating, ventilation, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. Headquartered in Florida, the company offers a broad portfolio of products, services, and digital solutions designed to enhance energy efficiency, safety, and sustainability in residential, commercial, and industrial applications worldwide.
Shares of the company have struggled to keep up with the broader market over the past 52 weeks, rising 2.4%, while the broader S&P 500 Index ($SPX) has rallied 20.1%. Additionally, shares of Carrier Global are down 3.3% on a YTD basis, compared to the SPX’s 8.6% rise.