Carrier

Carrier

Carrier Global Corporation (CARR) is a leading provider of heating, ventilation and air‑conditioning (HVAC), refrigeration, fire and security systems for commercial, residential and industrial customers. With a market capitalisation around $50.9bn, Carrier combines product sales with recurring aftermarket services and controls software, giving investors exposure to both new‑build activity and steady service revenue. Key growth drivers include energy‑efficiency regulations, building retrofits and the rollout of smarter controls; the company also pursues margin improvement through services and digital offerings. At the same time Carrier is exposed to cyclical construction trends, commodity and shipping costs, and competitive pressure across regions. It has a history of returning cash to shareholders and maintaining operational discipline, but outcomes depend on execution and the macroeconomic environment. This summary is educational only and not investment advice; values can rise or fall and past performance is not a reliable guide to the future.

Why It's Moving

Carrier

Carrier Hikes Dividend 200% Since Spin-Off Amid Q4 Earnings Anticipation

Carrier Global's board announced a quarterly dividend increase to $0.24 per share, payable February 9 to shareholders of record January 20, signaling robust cash flow confidence after a 200% rise since the 2020 spin-off. Investors shrugged off upcoming Q4 earnings expectations of tempered revenue growth, buoyed by strong commercial HVAC momentum offsetting residential softness.
Sentiment:
🐃Bullish
  • Board's dividend boost underscores sustained business investments and financial health, sparking a 1.49% stock pop and $675M market cap gain on announcement day.
  • Q4 earnings due soon project 33% EPS growth to 36 cents despite 2% revenue dip, driven by over 25% surge in Americas commercial HVAC from data centers and industrial demand.
  • Peers like JCI and TT rallied alongside, hinting at sector tailwinds even as residential markets lag.

When is the next earnings date for Carrier (CARR)?

Carrier Global (CARR) reported its Q4 and full-year 2025 earnings on February 5, 2026. The next earnings release, covering Q1 2026 results, is scheduled for approximately late April 2026, consistent with the company's historical pattern of early- to mid-quarter reporting. Investors should monitor official announcements for the precise date, as schedules may adjust slightly.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Carrier's stock with a target price of $72.19, indicating strong growth potential.

Above Average

Financial Health

Carrier is showing solid earnings and cash flow, indicating good financial stability and performance.

Average

Dividend

Carrier's dividend yield of 1.68% is decent for investors looking for some income. If you invested $1000 you would be paid $16.80 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

📈

Steady Service Revenue

Aftermarket contracts and maintenance can smooth revenue versus new‑unit cycles, though service performance varies with demand and pricing.

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Global Retrofit Demand

Energy‑efficiency rules and building upgrades worldwide can support long‑term demand for HVAC replacements, though timing depends on policy and construction trends.

Efficiency & Technology

Digital controls and more efficient systems may improve margins and differentiation, but adoption and competition influence outcomes.

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