Carrier Global Corp
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… Read more
Market Cap & Net Worth: Carrier Global Corp (CARR)
Carrier Global Corp (NYSE:CARR) has a market capitalization of $47.60 Billion ($47.60 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #484 globally and #389 in its home market, demonstrating a -2.96% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Carrier Global Corp's stock price $56.98 by its total outstanding shares 835433325 (835.43 Million).
Carrier Global Corp Market Cap History: 2020 to 2026
Carrier Global Corp's market capitalization history from 2020 to 2026. Data shows growth from $29.94 Billion to $47.60 Billion (30.98% CAGR).
Index Memberships
Carrier Global Corp is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$53.17 Trillion | 0.11% | #215 of 503 |
Weight: Carrier Global Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Carrier Global Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Carrier Global Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.03x
Carrier Global Corp's market cap is 2.03 times its annual revenue
0.18x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
29.57x
Carrier Global Corp's market cap is 29.57 times its annual earnings
9.15x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $29.94 Billion | $17.46 Billion | $1.98 Billion | 1.71x | 15.10x |
| 2021 | $43.50 Billion | $20.61 Billion | $1.66 Billion | 2.11x | 26.14x |
| 2022 | $33.63 Billion | $17.29 Billion | $3.53 Billion | 1.95x | 9.52x |
| 2023 | $47.58 Billion | $22.10 Billion | $1.44 Billion | 2.15x | 33.04x |
| 2024 | $57.03 Billion | $22.49 Billion | $5.60 Billion | 2.54x | 10.18x |
| 2025 | $44.14 Billion | $21.75 Billion | $1.49 Billion | 2.03x | 29.57x |
Competitor Companies of CARR by Market Capitalization
Companies near Carrier Global Corp in the global market cap rankings as of March 18, 2026.
Key companies related to Carrier Global Corp by market ranking:
- Trane Technologies plc (NYSE:TT): Ranked #216 globally with a market cap of $93.90 Billion USD.
- Johnson Controls International PLC (NYSE:JCI): Ranked #280 globally with a market cap of $75.00 Billion USD.
- Daikin IndustriesLtd (PINK:DKILF): Ranked #664 globally with a market cap of $30.85 Billion USD.
- Geberit AG (PINK:GBERF): Ranked #945 globally with a market cap of $20.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #216 | Trane Technologies plc | NYSE:TT | $93.90 Billion | $425.36 |
| #280 | Johnson Controls International PLC | NYSE:JCI | $75.00 Billion | $132.56 |
| #664 | Daikin IndustriesLtd | PINK:DKILF | $30.85 Billion | $105.38 |
| #945 | Geberit AG | PINK:GBERF | $20.60 Billion | $627.39 |
Carrier Global Corp Historical Marketcap From 2020 to 2026
Between 2020 and today, Carrier Global Corp's market cap moved from $29.94 Billion to $ 47.60 Billion, with a yearly change of 30.98%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $47.60 Billion | +7.83% |
| 2025 | $44.14 Billion | -22.59% |
| 2024 | $57.03 Billion | +19.85% |
| 2023 | $47.58 Billion | +41.47% |
| 2022 | $33.63 Billion | -22.68% |
| 2021 | $43.50 Billion | +45.31% |
| 2020 | $29.94 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Carrier Global Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $47.60 Billion USD |
| MoneyControl | $47.60 Billion USD |
| MarketWatch | $47.60 Billion USD |
| marketcap.company | $47.60 Billion USD |
| Reuters | $47.60 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.