CARRIER GLOBAL Corp (CARR) company profile
Close on Nov 13, 2026Market cap $44.34BP/E –Yield 1.25%
About Carrier Global
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip, SIC 3585
Carrier Global Corporation provides intelligent climate and energy solutions, specializing in heating, ventilation, air conditioning, and transport refrigeration systems alongside digitally connected building and lifecycle services. The company organizes its operations into four primary segments: Climate Solutions Americas, Climate Solutions Europe, Climate Solutions Asia Pacific, Middle East & Africa, and Climate Solutions Transportation. Its offerings include heat pumps, air conditioners, building automation controls, energy management platforms, and cold chain monitoring equipment for preserving perishable goods during transit. Carrier serves diverse end markets including residential homeowners, commercial enterprises, educational institutions, healthcare facilities, data centers, and transportation operators, distributing equipment directly to contractors and fleet managers as well as through wholesalers, dealers, and independent distributors.
The company operates globally with personnel located across more than 52 countries and maintains ownership stakes in approximately 58 joint ventures worldwide. Carrier employs around 47,000 individuals across its regional divisions, with operational footprints distributed throughout the Americas, Europe, and the Asia Pacific, Middle East, and Africa regions. The corporation is headquartered in Palm Beach Gardens, Florida.
Summary of the business section of Carrier Global's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CARRIER GLOBAL Corp
- Founded
- 2019
- Headquarters
- Palm Beach Gardens, FL
- Address
- 13995 Pasteur Boulevard 33418
- Phone
- (561) 365-2000
- Website
- carrier.com
- Employees
- 47,000, Dec 31, 2025
- Industry
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Miami, Florida
Stock & identifiers
- Ticker
- CARR
- Exchange
- NYSE
- IPO date
- Mar 19, 2020
- Shares outstanding
- 818M, Oct 15, 2026
- Public float
- $58.50B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1783180
- CUSIP
- 14448C104
- ISIN
- US14448C1045
- FIGI
- BBG00RP5HYS8
- Share class FIGI
- BBG00RP5HZM1
- LEI
- 549300JE3W6CWY2NAN77
- EIN
- 83-4051582
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David L. Gitlin | Chairman and CEO, Director | 904,117 |
| Edward C. Dryden | President, RLC Americas | 9,358 |
| Gaurang Pandya | President CHVAC Americas | 85,261 |
| Beril Yildiz | VP, Controller & CAO | 805 |
| Thomas Donato | President, CSE | – |
| Michael Lotfy Gierges | President, CSAME | 4,024 |
| Thomas Heim | President, CSE | 13,847 |
| Nadia Villeneuve | SVP, Chief People/Comm Ofcr | 117,803 |
| Francesca Campbell | Senior VP & CLO | 7,521 |
| Ajay Agrawal | SVP, Services & Chief BD Ofcr | 115,657 |
| Patrick P. Goris | EVP, Chief Finance/Strat Ofcr | 128,657 |
| Kyle Crockett | VP, Controller & CAO | 38,882 |
| John J. Greisch | Director | 17,557 |
| Neil Barua | Director | – |
| Maximilian Viessmann | Director | 37,979,286 |
| Virginia M. Wilson | Director | – |
| Charles M. Holley | Director | – |
| Amy E. Miles | Director | 286 |
| Michael M. McNamara | Director | – |
| Jean Pierre Garnier | Director | – |
| Michael Todman | Director | – |
| Susan N. Story | Director | – |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $14.96M | -$27.79M | $4.65M | $149 | $173 |
| FY2024 | $65.73M | $112.17M | $5.52M | $191 | $150 |
| FY2023 | $17.70M | $42.70M | $5.31M | $159 | $131 |
| FY2022 | $13.22M | -$20.06M | $3.82M | $112 | $113 |
| FY2021 | $14.89M | $61.13M | $4.73M | $145 | $121 |
| FY2020 | $15.44M | $64.41M | $5.76M | $225 | $148 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| David L. Gitlin Chairman & Chief Executive Officer | $1.50M | – | $5.63M | $5.75M | $1.02M | $1.06M | $14.96M | -77% |
| Patrick Goris EVP, Chief Financial & Strategy Officer | $887.50K | – | $1.70M | $1.74M | $351.00K | $206.36K | $4.89M | -50% |
| Michael L. Gierges President, CSAME | $530.30K | $1.61M | $1.79M | $1.80M | $346.50K | $980.63K | $7.06M | – |
| Gaurang Pandya President, CSA | $737.50K | – | $1.17M | $1.20M | $202.50K | $128.11K | $3.44M | -7% |
| Edward Dryden President, CST | $672.50K | – | $1.00M | $1.02M | $416.16K | $111.85K | $3.23M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 47,000 employees worldwide, of which 34% are located in the Americas, 36% are located in Europe and 30% are located in Asia Pacific, Middle East & Africa.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 5, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 29, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 8, 2024 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 23, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jan 16, 2024 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jan 2, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 2, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 7, 2020 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |
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