Carrier Global Raises 2026 Outlook on Strong HVAC and Data Center Demand

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Carrier Global Corporation raised its 2026 outlook, now expecting approximately $23 billion in sales, roughly $3.5 billion in adjusted operating profit, and about $2.90 in adjusted earnings per share. The increase reflects stronger commercial HVAC demand, recovering residential markets, and higher data center activity, with data center sales now seen reaching about $2 billion, up from a prior $1.5 billion view. Second-quarter adjusted earnings of 86 cents per share beat the Zacks Consensus Estimate by 3.6%, while net sales of $6.35 billion topped expectations by 5.5%. Free cash flow was $810 million in the quarter, and management still expects about $2 billion for the full year, supporting dividends, buybacks, and growth investments. Risks include a 190-basis-point drop in adjusted operating margin to 17.2% and net debt of roughly $10.6 billion, which could limit upside if cost pressures persist.

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Carrier Global Corp
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Carrier raised 2026 outlook on stronger HVAC and data center demand, with data center sales view up to $2B.

Energy Transition & Power Demand▲ · 1 stocks

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