CARR changes
Pick any two versions below to diff them.
- Price
- $53.63 → $54.58(+1.8%)
- Discount category
- Far below intrinsic value → Well below intrinsic value
- Recent events
- added: Nov 2, 2026: Carrier sold $1.5 billion of notes: $750 million of 5.000% notes due 2029 and $750 million of 5.350% notes due 2033. The sale closed on November 4, 2026. Carrier plans to use the money to refinance debt, including the 2.493% notes due February 15, 2027, and for general purposes, which can include repayment of commercial paper. Oct 29, 2026: Carrier reported Q3 2026 results. Net sales grew 12% to $6.26 billion, and organic sales grew 15%. Orders rose about 35%, with data center orders up about 300%, and the backlog was a record of more than $8.5 billion. Adjusted EPS rose 30% to $0.87, with about $0.10 from IEEPA tariff refunds. The adjusted operating margin rose 260 basis points to 17.4%. A $3.1 billion goodwill impairment for Climate Solutions Europe gave a GAAP loss of $3.16 per share. Carrier raised its 2026 sales outlook to $23.8 to $24.0 billion and set adjusted EPS at $2.85 to $2.90, from about $2.90. It said that it signed long-term agreements worth several billion dollars with minimum volume commitments. Oct 8, 2026: Carrier said it will report Q3 2026 results on October 29, 2026, with a conference call at 7:30 a.m. ET. Aug 3, 2026: Carrier completed the sale of its NORESCO energy services business. Jul 28, 2026: Carrier reported Q2 2026 results. Net sales grew 4% to $6.35 billion, and organic sales grew 3%. Orders rose about 40%, with commercial HVAC up about 65% and data centers up more than 300%. Adjusted EPS fell to $0.86 from $0.92, and the adjusted operating margin fell 190 basis points to 17.2%. Carrier raised its 2026 outlook to about $23 billion of sales and about $2.90 of adjusted EPS. Jul 24, 2026: Carrier elected Neil Barua, President and CEO of PTC, to its board of directors. Jul 1, 2026: Carrier completed the sale of its Riello business to Ariston Group. It had expected gross proceeds of about $430 million. May 18, 2026: Carrier agreed to sell its NORESCO energy services business to Opterra Energy Services, a subsidiary of LS Power. Apr 30, 2026: Carrier reported Q1 2026 results. Net sales grew 2%, organic sales fell 1% and adjusted EPS was $0.57. Total orders rose 11% and data center orders more than 500%. Carrier kept its full-year outlook.