Carrier Global stock holds firm after earnings beat
Published on 08/29/2026 at 13:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carrier Global (ISIN US1442851009) held at $58.73 after its July 28 earnings update showed $6.35 billion in revenue and $0.86 in adjusted EPS, both above estimates. The latest filing backdrop also points to a market cap of $48.41 billion and FY 2026 guidance of $2.90 per share.
Earnings still set the tone
The quarter ended with revenue up 3.9 percent from the same period a year earlier, when the company earned $0.92 per share. Net margin was 5.52 percent and return on equity reached 14.68 percent, a mix that keeps attention on execution rather than a single headline beat.
Consensus remains close to management's outlook: the same update frame shows analysts modeling $2.89 per share for the current year, just below the $2.90 guidance level. That gap is small, but it is concrete.
What the market is pricing
With a P/E ratio of 40.78 and a P/E/G ratio of 2.17, the shares are still priced for continued earnings delivery. The stock also traded with a beta of 1.31, which leaves it sensitive to broader swings in industrial and housing-linked sentiment.
More on Carrier Global
Carrier Global's core products span heating, ventilation, air conditioning and refrigeration systems, the same mix that keeps service, replacement demand and commercial construction trends relevant to the name.
Shares and valuation
Carrier Global stock traded at $58.73 as of August 29, 2026. Market cap stood at $48.41 billion on the same session, giving the valuation backdrop a firm anchor alongside the July 28 earnings figures.
Fact box
Company: Carrier Global Corporation
ISIN: US1442851009
Ticker: CARR
Exchange: NYSE
Price (as of August 29, 2026): $58.73 USD
Market cap: $48.41 billion (as of August 29, 2026)
Sector / Industry: Industrials / Building Products
Index membership: S&P 500
Source note
More on Carrier Global stock and its latest earnings backdrop.
