Carrier Global Corp (N:CARR)
Business Focus: Heating, Ventilation & Air Conditioning Systems
| Sector: Industrials | Industry: Electrical Components & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 13995 Pasteur Boulevard PALM BEACH GARDENS FL 33418 |
| Tel: | N/A |
| Website: | https://www.carrier.com |
| IR: | See website |
| Key People | ||
| David L. Gitlin Chairman of the Board, Chief Executive Officer | Patrick P. Goris Chief Financial Officer, Senior Vice President | Jurgen Timperman President - Fire and Security |
| Timothy N. White President - Refrigeration | Nadia Villeneuve Chief Human Resource Officer, Senior Vice President | Ajay Agrawal Senior Vice President - Global Services and Healthy Buildings |
| Kevin J. O'Connor Senior Vice President, Chief Legal Officer | Kyle Crockett Vice President, Controller | |
| Business Overview |
| Carrier Global Corp is engaged in intelligent climate and energy solutions with a focus on providing differentiated, digitally enabled lifecycle solutions. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. Its Commercial refrigeration solutions include refrigerated cabinets, freezers, systems and controls. Its Fire & Security segment provides a range of residential, commercial and industrial technologies designed to help protect people and property. Its products include fire, flame, gas, smoke and carbon monoxide detection, portable fire extinguishers, and electronic controls. |
| Financial Overview |
| For the three months ended 31 March 2024, Carrier Global Corp revenues increased 17% to $6.18B. Net income decreased 28% to $269M. Revenues reflect HVAC segment increase of 25% to $4.54B, Fire & Security segment increase of 2% to $887M, Europe segment increase of 65% to $1.97B, United States Operations segment increase of 4% to $2.97B, other segment increase of 11% to $204M. |
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