Fortune MNC 500 India 2026 edition
Rank#241- Total income
- ₹2,817 Cr
- Profit
- ₹453 Cr
Last year #266
Carrier
Palm Beach Gardens, United States Founded: 1902 • Age: 124 yrs Listed Acquired By United Technologies Fortune MNC 500 · #241
Commercial HVAC solutions in air conditioning and refrigeration are manufactured.
About Carrier
Carrier is a publicly listed company based in Palm Beach Gardens (United States) founded in 1902, and was acquired by United Technologies in March 1979. It operates as a commercial HVAC solutions in air conditioning and refrigeration are manufactured. It operates on a Product-as-a-Service and Direct-to-Consumer (D2C) model. The company has 48,000 employees. Carrier has completed 17 acquisitions, including AddVolt, Aeroseal and Automated Logic Corporation. Its chief executive is David Gitlin. Its website carrier.com draws about 849 thousand monthly visits. Carrier offers products and services including Residential HVAC, Commercial HVAC, and Cold Chain Solutions. Its focus areas include Industrials, Building Products and HVAC Equipment.
Company details
Carrier is engaged in delivering innovative HVAC and refrigeration solutions across residential, commercial, and cold chain sectors. Advanced systems for healthier homes, sustainable buildings, and connected cold chains are developed. Focus is placed on energy efficiency, cleaner air, and intelligent technologies. Services and products are designed to enhance lives and protect the environment. A global presence ensures expertise and reliability in all offerings. Sustainable and forward-thinking designs are prioritized for future generations.
Carrier is ranked #241 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Carrier
- Headquarters Palm Beach Gardens, United States
- Employees 48,000
- Stage Public
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Phone•••• ••••
- Website carrier.com/carrier/en/worldwide
- Social LinkedIn X Facebook Instagram YouTube Threads
- Acquired by United Technologies (Mar 1979)
- Legal Name Carrier Global Corporation
Operational Areas
Key Metrics
- Annual Revenue$21.75 B (USD)-3.29as on Dec 31, 2025
- Net Profit$1.51 B (USD)251.87as on Dec 31, 2025
- EBITDA$3.44 B (USD)-1.12as on Dec 31, 2025
- Investors
- Employee Count48,000
- Investments & AcquisitionsAddVolt
& 16 more
- Acquired byUnited Technologies
(Mar 1979)
Products & Services of Carrier
Carrier offers a comprehensive portfolio of products and services, including Residential HVAC, Commercial HVAC, and Cold Chain Solutions.
Residential HVAC
Heating and Cooling
Systems for home comfort and energy efficiency are provided.
Commercial HVAC
Building Solutions
Solutions for sustainable and intelligent buildings are offered.
Cold Chain Solutions
Refrigeration
Technologies for temperature control in transport are delivered.
Apps and channels of Carrier
Carrier publishes 5 mobile apps with over 111.1K+ downloads; its YouTube channel Carrier at Home has 6.46K subscribers and 30 videos.
Videos from Carrier
The most watched videos on Carrier's YouTube channel, Carrier at Home (6.46K subscribers). Click a video to play it here.
Should a Heat Pump blow cold air?
What Carrier dealers want homeowners to know
How does a heat pump differ from an AC and furnace?
Do heat pumps work in cold climates?
More on Carrier at Home.
Investors in Carrier
Carrier has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include United Technologies.
All
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Physical security, safety, aerospace, and HVAC solutions are provided. | 1934 | utc.com | Farmington, United States |
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Investor details for Carrier
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People of Carrier
490 people are tracked at Carrier (135 in leadership, 355 in team); the tracked headcount is 48,000.
| Name | Role | Group |
|---|---|---|
David Gitlin | Chairman & CEO | Leadership |
Ajay Agrawal | Senior Vice President, Global Services & Chief Business Development Officer | Leadership |
Tobias Sienel | Director, Heat Transfer & Advanced Systems | Leadership |
Jason Scarcella | Director Truck Trailer Engineering | Leadership |
Alex Bell Ca | Associate Director Statutory Reporting | Leadership |
Sunny Ahmed | Associate Director Of Systems Engineering, Home Energy Management Systems | Leadership |
Karl Boerner | Managing Director - Chvac - Central Europe | Leadership |
David Sabatino | Director Of Program Management | Leadership |
Scot Anderson | Chief Financial Officer, Sunbelt Transport Refrigeration | Leadership |
Bobby Wheeler | Director, Workplace Infrastructure And Network Services | Leadership |
Christine Rasche | Director - Marketing & Training, Light Commercial Solutions | Leadership |
Arun Bhatia | Executive Director | Leadership |
Hakan Yilmaz | President, Carrier Energy & Chief Sustainability Officer | Leadership |
Francesca Campbell | SVP & Chief Legal Officer | Leadership |
Laurence Pizzuto Rousseau | Ethics & Compliance Director For HVAC & Transicold - Europe Region - Carrier Corporation | Leadership |
Dr. Camille Howard | Associate Director, Ethics & Compliance | Leadership |
Bryan D. Rockwell | Director Of Intellectual Property At Carrier Corporation - Whq, Americas And IP Litigation | Leadership |
Mark Jones | Director Of Strategic Growth | Leadership |
Manjunath M D | Head- Life Cycle Solution | Leadership |
Nadia Villeneuve | VP & Chief Human Resources Officer | Leadership |
470 more people are available in the full profile.
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IPO & Listings of Carrier
Carrier is a publicly listed company on the NYSE with ticker symbol CARR in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Jul 2021
- Listed onVIE: CARG
- Listed entityCarrier Global Corporation
- Exchange sectorProducer manufacturing
- ISINUS14448C1045
- Share price$55.03 (-0.7% on the day) · 2026-10-13
- Market capitalisation$45.36B
- Price to earnings38.8
- EPS (diluted, trailing year)$1.42
- Dividend yield1.72%
- Volume (last session)4,437,825
Financials of Carrier
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $21.75B | $1.51B | $3.44B |
| 2024 | $22.49B | $428.0M | $3.48B |
| 2023 | $18.95B | $1.65B | $2.62B |
| 2022 | $20.42B | $3.53B | $4.66B |
| 2021 | $20.61B | $1.66B | $2.83B |
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Detailed financial statements for Carrier
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Investments & Acquisitions by Carrier
Carrier has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AddVolt, Aeroseal and Automated Logic Corporation.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electrical services are provided by Blaich Automation in Germany. | blaich-automation.de | Leinfelden Echterdingen, Germany | 2004 | Aug 2025 | •••• | |
Plug-and-play electrical systems for refrigerated trucks are offered. | addvolt.com | Porto, Portugal | 2014 | May 2025 | •••• | |
Solutions for heating, cooling, ventilation, and energy generation are provided. | viessmann-climatesolutions.com | Allendorf, Germany | 1917 | Jan 2024 | •••• | |
Manufacturer of air conditioners, industrial heat source machines, ventilation fans, refrigerators, and other systems | toshiba-carrier.co.jp | Kanagawa, Japan | 1999 | Aug 2022 | •••• | |
Provider of security alarms | cavius.com | Silkeborg, Denmark | 2010 | Oct 2021 | •••• | |
Data centers are planned and optimized using Nlyte's DCIM tools. | nlyte.com | San Mateo, United States | 2003 | Sep 2021 | •••• | |
Diversified software is provided for real estate professionals. | brokerbay.com | Toronto, Canada | 1999 | Sep 2021 | •••• | |
HVAC products are offered by the Giwee brand worldwide. | giwee.com | Foshan, China | 2019 | Apr 2021 | •••• | |
HVAC services including installation and maintenance are provided. | tecmungo.com | Lansing, United States | 1935 | Mar 2021 | •••• | |
Provider of land transport refrigeration solutions for truck and trailer refrigeration systems | trs.eu | Noordwijk, Netherlands | 1978 | Feb 2016 | •••• |
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Complete acquisition details for Carrier
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Timeline of Carrier
13 dated milestones of Carrier across 123 years, from founding to its latest funding, stage changes and deals.
- Founded Carrier is founded.
- Exit Acquired by United Technologies.
- Acquisition Acquires TRS Transportkoeling.
- Acquisition Acquires Temperature Equipment Corporation.
- Acquisition Acquires Giwee.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires BrokerBay.
- Acquisition Acquires Nlyte.
- Acquisition Acquires CAVIUS.
- Acquisition Acquires Toshiba Carrier Corporation.
- Acquisition Acquires Viessmann Climate Solutions.
- Acquisition Acquires AddVolt.
- Acquisition Acquires Blaich Automation.
Web traffic of Carrier
The website of Carrier (carrier.com) receives about 849.5K visits a month and ranks #59,406 among all websites worldwide, #344 in Construction and Maintenance.
- Monthly visits849.5K
▼ 4.9% vs previous month
- Unique visitors386.8K
per month
- Global rank#59,406
among all websites
- Category rank#344
Heavy Industry and Engineering · Construction and Maintenance
Visitor engagement
- Bounce rate42%
- Pages per visit3.0
- Average visit3 min 26 sec
- DevicesDesktop 63% · Mobile 37%
Similar websites
Websites whose visitors overlap most with Carrier. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trane.com | 100% | 1M | #48,070 | View details | |
| lennox.com | 83% | 323.5K | #134,820 | View details | |
bryant.com | bryant.com | 82% | – | #374,008 | – |
| carrierenterprise.com | 81% | 186.6K | #189,385 | View details | |
| york.com | 74% | 116.5K | #350,054 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Energy Efficiency & Conservation
10 companies that operate in the same segment as Carrier (Energy Efficiency & Conservation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial climate control solutions, including dehumidification and cooling, are provided. | 1955 | Beverly, Massachusetts, United States | – | USD 1.6 B | 5,410 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | – | USD 137.05 M | 1,840 | |
Electricity is distributed by Energisa in Brazilian regions. | 1905 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 6.47 B | 17,410 | |
HVAC equipment for commercial applications is manufactured. | 1988 | Tulsa, Oklahoma, United States | – | USD 1.44 B | 4,810 | |
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 | |
Electronics, lighting, and smart consumer products are developed. | 1886 | Pittsburgh, Pennsylvania, United States | USD 1.1 M | – | – | |
Electrical and digital solutions for building infrastructures are provided. | 1860 | Limoges, Haute-vienne, France | – | USD 11.14 B | 34,900 | |
HVAC products are manufactured by Boyd Corporation for industry use. | 1928 | Modesto, California, United States | – | – | 1,397 |
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Related news about Carrier
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Frequently Asked Questions about Carrier
Carrier was founded in 1902.
Carrier is headquartered in Palm Beach Gardens, United States. It is registered at Palm Beach Gardens, Florida, United States.
David Gitlin is the current CEO of Carrier.
Carrier has 48,000 employees.
Annual revenue of Carrier is $21.75B as on Dec 31, 2025.
Carrier is engaged in delivering innovative HVAC and refrigeration solutions across residential, commercial, and cold chain sectors. Advanced systems for healthier homes, sustainable buildings, and connected cold chains are developed. Focus is placed on energy efficiency, cleaner air, and intelligent technologies. Services and products are designed to enhance lives and protect the environment. A global presence ensures expertise and reliability in all offerings. Sustainable and forward-thinking designs are prioritized for future generations.
Carrier offers Residential HVAC, Commercial HVAC, and Cold Chain Solutions.
Yes, Carrier is publicly traded on NYSE under the ticker symbol CARR.
Carrier has made 17 acquisitions, including AddVolt, Aeroseal, and Automated Logic Corporation.
Carrier has 1 investor. Key investors include United Technologies.
Carrier operates through Carrier.
Yes. Carrier was acquired by United Technologies in March 1979.