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Carrier Global
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HVAC, refrigeration, and fire and security solutions
Carrier Global
Work Here?
HVAC, refrigeration, and fire and security solutions
Overview
Carrier Global provides intelligent climate and energy solutions for residential, commercial, and industrial sectors, including HVAC, refrigeration, and fire and security systems. It sells equipment and offers services such as installation, maintenance, and remote monitoring. The company is transitioning from a focus on equipment manufacturing to digital building solutions that use automation and energy management to optimize performance. Its global footprint, diversified portfolio, and strategy of digital transformation and selective acquisitions differentiate it from competitors, with the goal of helping customers improve efficiency, reliability, and safety in their buildings.
About Carrier Global
Industries
Hardware
Industrial & Manufacturing
Energy
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Palm Beach Gardens, Florida
Founded
2003
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Simplify's Take
What believers are saying
- Recurring software and service revenue can stabilize margins as equipment sales mature.
- Green building demand supports higher-efficiency climate products across residential and commercial markets.
- Fire safety divestiture can refocus capital on faster-growing climate and digital businesses.
What critics are saying
- 2025 revenue declined about 3%, signaling weak demand or unfavorable mix.
- International sales near 52% expose results to currency swings and geopolitical shocks.
- Supply constraints on motors and copper can disrupt production and compress gross margins.
What makes Carrier Global unique
- Carrier combines HVAC, refrigeration, fire security, and building automation across 160 countries.
- Abound connects over 150,000 assets, creating a large base for digital services.
- Addvolt expands Carrier's electrification capabilities in transport refrigeration and cold-chain logistics.
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Funding
Total Funding
$6.5B
Above
Industry Average
Funded Over
2 Rounds
Benefits
Hybrid Work Options
Professional Development Budget
Stock Price
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Carrier Abound has launched "Tell Me More", a generative AI feature within its Abound Insights Assistant application designed to help building operations teams interpret predictive insights and take action more quickly. The feature provides additional context and actionable guidance for facility managers and technicians managing building systems. The tool combines equipment operations data from the Abound Insights platform with generative AI trained on technical manuals, creating a conversational interface to support technician workflows. When issues are identified, the feature adds context to predictive insights and recommended actions, helping reduce ambiguity and improve equipment uptime and energy efficiency. The Abound platform currently connects to over 150,000 pieces of equipment across various building environments. The feature aims to address growing HVAC technician shortages by supporting knowledge transfer and faster issue resolution.
/PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has acquired long-term partner Addvolt, S.A....
75F raises $45M Series B to scale AI-powered HVAC automation and deliver smarter energy efficiency solutions for commercial buildings worldwide....
** Carrier Global Corporation, a leading provider of heating, ventilating, and air conditioning solutions, announced on October 28, 2024, the pricing of a private offering for €750,000,000 aggregate principal amount of 3.625% euro-denominated notes due 2037. The offering, subject to customary closing conditions, is expected to conclude on November 8, 2024. The net proceeds from […]
Bank of America has committed to providing $1.83 billion in leveraged loans to Lone Star Funds for the acquisition of Carrier Global Corp's commercial and residential fire safety business. The proposed acquisition, valued at $3 billion, was announced two weeks ago and is expected to be completed by the end of the year.
Carrier Global is Hiring for 269 Jobs on Simplify!
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About Carrier Global
Industries
Hardware
Industrial & Manufacturing
Energy
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Palm Beach Gardens, Florida
Founded
2003
Carrier Global is Hiring for 269 Jobs on Simplify!
Find jobs on Simplify and start your career today