Carrier Global Corp (CARR) Fair Value & Analysis
Industrials · US · Market cap $57.0B · ISIN US14448C1045
What is Carrier Global Corp really worth?
Carrier Global Corp
CARR · US
A solid business, but trading 251% above our fair value of $16.85.
Strengths
Risks
For context
Fair value as of: Sep 3, 2026
From 24 valuation models · updated yesterday
Share price −10.1% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits above even our optimistic bull case ($28.42). The favourable scenario is already priced in.
- Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range ($14.53 to $28.42) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.
How to read this chart
60‑month range $32.27 – $80.72 · fair‑value band $14.53 – $28.42 · the $59.08 price screens above the $16.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.
Analysis
Carrier Global Corp (CARR) currently trades at $59.08, while our model-based Fair Value estimate is $16.85, implying the stock looks roughly 250.6% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials sector. Bull case: the Multiples group reads highest at a median of $30.37 per share, and 0 of the 24 models we run sit above the $59.08 price. Bear case: the Earnings-Based group reads lowest at $10.49, and 24 of the 24 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, Carrier Global Corp generated revenue of $21.9B at a net margin of 6.0%. Revenue grew 2.4% year over year. It earns a return on equity of 9.9%. Net debt stands at $11.1B. Fundamentals as of Sep 3, 2026
Our scenario range runs from $14.53 (bear case) to $28.42 (bull case); at $59.08, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 26% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −26% fair-value upside, at −71%, CARR screens richer than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $0.3873 per share, which is 2.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 24 models by family
Widest divergence: Multiples ($30.37) versus Earnings-Based ($10.49). Highest evidence: FCF DCF (76).
Notify me when CARR reaches fair value
Put CARR on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 50 · Market factors (momentum, volatility) 37
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation.
Full company description
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Carrier Global Corp reported revenue of $21.7B in FY2025 versus $20.6B in FY2021, a compound +1.3%/yr. Reported net income was $1.5B in FY2025, compounding −2.8%/yr from FY2021.
CARR screens 251% overvalued. Compare with Trane Technologies plc →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Carrier to Present at Morgan Stanley's 14th Annual Laguna Conference
- Carrier (CARR) Stock Could Be 45% Undervalued Despite Fraud Probe
- Is Carrier Global (CARR) Undervalued Or Is Its Premium P/E Already Priced In?
- Why Is Carrier Global (CARR) Down 2% Since Last Earnings Report?
Peer Group
Building Products & Equipment · 243 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Building Products & Equipment median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 42/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Trane Technologies plc TT | $454.31 | $208.50 | −54% |
| Johnson Controls International plc JCI | $142.23 | $44.75 | −69% |
| Compagnie de Saint-Gobain S.A SGO | €81.20 | €97.97 | +21% |
| Geberit AG GEBN | CHF 577.80 | CHF 307.66 | −47% |
| Lennox International Inc LII | $377.25 | $363.09 | −4% |
| Kingspan Group KRX | €87.30 | €66.79 | −23% |
| Masco Corporation MAS | $74.64 | $53.22 | −29% |
| Carlisle Companies Incorporated CSL | $356.53 | $340.70 | −4% |
| BELIMO Holding BEAN | CHF 878.50 | CHF 227.18 | −74% |
| Advanced Drainage Systems, Inc WMS | $144.10 | $106.17 | −26% |
Compare Carrier Global Corp with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Carrier Global Corp (CARR) overvalued or undervalued?
What is the fair value of CARR?
What is the quality score of CARR?
What is the revenue of Carrier Global Corp (CARR)?
What is the net profit margin of CARR?
Does Carrier Global Corp pay a dividend?
Watch Carrier Global Corp in the live analysis
One click puts Carrier Global Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.