Revenue distribution by sectors:

• Heating, Ventilation, and Air Conditioning (HVAC): approx. 60%
• Cooling: approx. 25%
• Fire protection and security: approx. 15%

TOP 3 markets and their percentage shares:

• USA: approx. 50%
• Europe: approx. 25%
• Asia-Pacific: approx. 15%

Carrier Global Corporation generates the majority of its revenue from Heating, Ventilation, and Air Conditioning, which represents the company's core competence. The U.S. market is the largest single market, which can be explained by the strong presence and demand for HVAC products in the USA.

Europe and the Asia-Pacific region are also significant markets, with growing demand for both energy-efficient solutions and cooling technologies in these regions.

Production Sites: Worldwide, with a focus on the USA, Europe, and Asia.

Carrier Global Corporation is a leading provider of heating, ventilation, and air conditioning (HVAC), refrigeration, and fire safety solutions. The company operates production facilities around the world to efficiently serve its global markets.

Significant production plants specializing in HVAC systems are located in the USA. Carrier also operates multiple plants in Europe and Asia to meet the demand in these regions and leverage logistical advantages.

The global distribution of production sites enables Carrier to flexibly respond to regional market requirements while controlling costs through optimized supply chains.

Revenue Growth: 8.5% (estimated 2024)
Profit Growth: 10.2% (estimated 2024)

Carrier Global Corporation is pursuing a strategy focused on innovation, sustainability, and geographical expansion to secure future growth. The company is heavily investing in research and development to expand and modernize its product range in the field of heating, ventilation, and air conditioning (HVAC). A particular focus is on energy-efficient and environmentally friendly solutions to meet the increasing demands for sustainability.

In addition, Carrier plans to strengthen its presence in emerging markets to benefit from the growing demand for modern infrastructure in those regions. Partnerships and strategic acquisitions are also part of the growth strategy to diversify the product offering and integrate new technologies.

The company is also leveraging digital transformation to optimize its operations and enhance customer solutions. This includes the implementation of IoT technologies and data-driven services aimed at providing added value to customers and fostering long-term customer relationships.

Main raw materials: Steel, Copper, Aluminum, Plastics

Countries of origin:

• Steel: China, India, USA
• Copper: Chile, Peru, USA
• Aluminum: Canada, Russia, Australia
• Plastics: USA, Germany, China

Carrier Global Corporation, a leading company in the field of heating, ventilation, and air conditioning, sources a variety of raw materials for the production of its products. Steel, copper, and aluminum are essential materials for the production of air conditioners and refrigeration systems. These metals are often imported from countries with large production capacities to meet demand.

Plastics are also needed in large quantities, especially for casings and other components. The countries of origin vary depending on the availability and price of the raw materials. Carrier Global continuously optimizes its supply chains to reduce costs and ensure supply security.

Market Share: 12% (2024, estimated) R&D Expenses: 4.5% of revenue (2024) EBITDA Margin: 16% (2024)

Carrier Global Corporation has a significant competitive advantage in the heating, ventilation, and air conditioning (HVAC) industry. The company benefits from a strong market position with an estimated market share of 12% in 2024, making it one of the leading providers worldwide.

Another key advantage is the continuous investment in research and development, which accounts for about 4.5% of revenue. These investments enable Carrier to develop innovative products and differentiate itself from the competition.

Furthermore, the EBITDA margin of 16% demonstrates an efficient cost structure and the ability to operate profitably, further strengthening the company in a competitive industry.

Institutional Investor Share: 85% (estimated for 2025 based on historical data)

Insider Purchases/Sales: No significant insider transactions in the last year (estimated for 2025)

The institutional investor share in Carrier Global Corporation remains high, indicating continued trust from major investment firms in the company. These investors play a crucial role in the stability and long-term growth of the company.

Regarding insider transactions, there were no significant purchases or sales in the last year, suggesting that management is confident in the current corporate strategy and future development.

Market share of Carrier Global Corporation: approx. 12% (2025, estimated)

Main competitors and their market shares:

1. Daikin Industries, Ltd.: approx. 18%
2. Trane Technologies plc: approx. 15%
3. Johnson Controls International plc: approx. 14%
4. Carrier Global Corporation: approx. 12%
5. Mitsubishi Electric Corporation: approx. 10%
6. LG Electronics Inc.: approx. 8%
7. Honeywell International Inc.: approx. 7%
8. United Technologies Corporation: approx. 6%
9. Samsung Electronics Co., Ltd.: approx. 5%
10. Hitachi, Ltd.: approx. 5%

Moat of Carrier Global Corporation:

Carrier Global Corporation has a moderate moat, mainly supported by its strong brand recognition, extensive distribution network, and innovation in the field of heating, ventilation, and air conditioning (HVAC). The company has gained a technological edge through continuous investments in research and development, particularly in energy-efficient and environmentally friendly solutions.

Compared to competitors, Daikin Industries has a stronger moat, supported by its global presence and leading position in air conditioning technology. Trane Technologies and Johnson Controls also have significant advantages due to their wide range of products and strong customer relationships.

Carrier Global must continue to invest in innovation and customer service to strengthen its moat and compete against rivals. Competition in the HVAC industry is intense, and technological advancement and adaptation to environmentally friendly standards are crucial for long-term success.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Market Share in the HVAC Sector: 18% (2024)

Carrier Global Corporation recorded a solid revenue growth of 8.5% in 2024, attributed to strong demand for their HVAC products and solutions. The profit growth of 10.2% indicates that the company is not only capable of increasing its revenue but also operating efficiently and improving its margins.

The 18% market share in the HVAC sector positions Carrier Global as one of the leading players in the industry. This provides a solid foundation for further growth, especially given the increasing demand for energy-efficient and environmentally friendly solutions.

Additionally, the company is investing in research and development to develop innovative products that meet the changing market requirements. These strategic initiatives could further strengthen the future growth potential.

Overall, the financial performance and strategic direction suggest that Carrier Global Corporation represents a promising investment, especially for investors interested in long-term growth.

Dividend yield: 1.5% (estimated for 2025)
Dividend history: Continuous distribution for several years

Carrier Global Corporation has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 1.5% for 2025, based on recent distributions and the current stock price.

The company has a solid dividend history and is known for its reliable payouts. This suggests that the dividend policy is stable and could continue in the future, provided there are no significant negative changes in the company's financial situation.