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Carrier Global Corporation (CARR), headquartered in Palm Beach Gardens, Florida, provides heating, ventilating, air conditioning, refrigeration, fire, security, and building automation technologies. Valued at $57.9 billion by market cap, the company also provides building services such as audit, design, installation, system integration, repair, maintenance, and monitoring.
Shares of this global leader in intelligent climate and energy solutions have underperformed the broader market over the past year. CARR has gained 20.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 22.8%. In 2025, CARR stock is down 4.5%, compared to the SPX’s 3.4% rise on a YTD basis.