Carrier Global Corporation ranks below the peer group median, with a relatively even profile across the main dimensions. Trend conditions have deteriorated, without yet reaching an extreme downside state. Price behavior is partially reflecting the structural picture, with a moderate gap remaining.
Peer-relative scores, weakest to strongest
Carrier Global Corporation manufactures heating, ventilation, and air conditioning (HVAC) systems, as well as refrigeration and fire and security solutions.
The market prices Carrier as a cyclical value play at a discount, not as a dynamic growth leader like some peers. With revenue growth at just 2% for Q1 2026 and a ROIC of 6.2%, Carrier’s core HVAC business grows too slowly to command a premium, while the anticipated data center boost has not yet delivered visible margin gains. Carrier focuses on data center HVAC, but until this segment contributes meaningfully to earnings, the company remains defined by its lagging core. As a result, the market trades Carrier below peer levels, withholding any premium for the data center narrative. Clear margin expansion from the data center business in coming quarters is required to reduce the valuation discount.
Break down CARR's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.