Carrier Global

Founded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning and refrigeration solutions.

Launch date

Nov 2003

Employees

5001-10000 people

Market cap

Net debt

Enterprise valuation

$75.6b (Public information from Jul 2024)

Company register number HRB 56371

United States (HQ)

https://www.carrier.com/carrier/en/worldwide/

https://twitter.com/carrier https://www.linkedin.com/company/carrier-corporation/

Corporate Venture Fund: Carrier Ventures

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	17.5b	20.6b	20.4b	22.1b	25.8b	25.8b	27.4b
% growth	(6 %)	18 %	(1 %)	8 %	17 %	-	6 %
EBITDA	2.4b	2.7b	2.8b	3.4b	5.0b	5.1b	5.2b
% EBITDA margin	14 %	13 %	14 %	15 %	19 %	20 %	19 %
Profit	2.0b	1.7b	3.5b	1.3b	2.3b	2.6b	2.9b
% profit margin	11 %	8 %	17 %	6 %	9 %	10 %	11 %
EV / revenue	2.3x	2.6x	1.9x	2.4x	2.5x	2.5x	2.3x
EV / EBITDA	16.3x	19.9x	14.3x	15.5x	13.0x	12.5x	11.8x
R&D budget	419m	503m	539m	617m	-	-	-
R&D % of revenue	2 %	2 %	3 %	3 %	-	-	-