Carrier

Palm Beach Gardens, United States Founded: 1902 • Age: 124 yrs Acquired By United Technologies
Commercial HVAC solutions in air conditioning and refrigeration are manufactured.
Annual revenue $22.5B Latest available
Total funding - Funding intelligence
Employees 48000 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Carrier

Carrier is a company based in Palm Beach Gardens (United States) founded in 1902 was acquired by United Technologies in March 1979. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). The company has 48,000 employees as of December 31, 2024. Carrier has completed 17 acquisitions, including AddVolt, Aeroseal and Automated Logic Corporation. Carrier offers products and services including Residential HVAC, Commercial HVAC, and Cold Chain Solutions.

  • Headquarter Palm Beach Gardens, United States
  • Employees 48000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carrier Global Corporation
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.49 B (USD)
    18.65
    as on Dec 31, 2024
  • Net Profit
    $428 M (USD)
    -74
    as on Dec 31, 2024
  • EBITDA
    $3.48 B (USD)
    32.76
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    48000

    as on Dec 31, 2024

  • Investments & Acquisitions
    AddVolt

    & 16 more

  • Acquired by
    United Technologies

    (Mar 31, 1979)

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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.

Exchange: NYSE · Ticker: CARR · Sector: Producer manufacturing · USA

Products & Services of Carrier

Carrier offers a comprehensive portfolio of products and services, including Residential HVAC, Commercial HVAC, and Cold Chain Solutions.

Product name locked
Category locked
Primary

Systems for home comfort and energy efficiency are provided.

Product name locked
Category locked
Locked

Solutions for sustainable and intelligent buildings are offered.

Product name locked
Category locked
Locked

Technologies for temperature control in transport are delivered.

People of Carrier

Headcount 10000+
Employee Profiles 489
Employee Profiles
People
Shantanu Choudhary
IOT Platforms Leader
People
Ajay Agrawal
Senior Vice President, Global Services & Chief Business Development Officer
People
Robert McAfee
Engineer Noise Vibration
People
Lia Coslett
Executive Assistant

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Funding Insights of Carrier

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Detailed funding history for Carrier

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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.
Locked Locked Locked
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Investor details 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.

Investments
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Investment portfolio details for Carrier

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Acquisitions
Company Name Description Domain Location Founded Year Amount
HVAC products are offered by the Giwee brand worldwide.
Locked Locked 2019 Locked
Plug-and-play electrical systems for refrigerated trucks are offered.
Locked Locked 2014 Locked
Provider of security alarms
Locked Locked 2010 Locked
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Complete acquisition details for Carrier

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Financial Statements - Carrier

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Detailed financials for Carrier

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Carrier Comparisons

Carrier Primary company
Description
Commercial HVAC solutions in air conditioning and refrigerat...
Location
Palm Beach Gardens, United States
Founded Year
1902
Annual Revenue
$22.49 B (USD)
Net Profit
$428 M (USD)
EBITDA
$3.48 B (USD)
Employees
48,000
As of 2024
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Peer comparison for Carrier

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Competitors of Carrier

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Detailed competitors of Carrier

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Latest news on Carrier

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Complete news archive for 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.

As of Dec 31, 2024, the latest employee count at Carrier is 48,000.

Annual revenue of Carrier is $22.49B as on Dec 31, 2024.

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.

The ticker symbol of Carrier is CARR on NYSE.

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