Carrier Globalvs.Modine Manufacturing
CARR vs MOD · both in Cooling, power & data center infrastructure, part of the AI & digital infrastructure value chain: Power, cooling and physical equipment — AI's physical foundation.
Carrier Global is about 4.6× larger than Modine Manufacturing by market cap; Carrier Global trades at the lower P/E (44.4 vs 104.3); year to date, Modine Manufacturing leads (+84.2% vs +31.2%).
Side by side
| CARR | MOD | |
|---|---|---|
| Market cap | $58.1B | $12.7B |
| Price | $69.34 | $245.91 |
| Today | +2.3% | +1.0% |
| Return YTD | +31.2% | +84.2% |
| Return 1Y | −9.7% | +165.4% |
| P/E | 44.4 | 104.3 |
| P/S | 2.7 | 4.0 |
| P/B | 4.3 | 10.6 |
Data as of 2026-07-11 · updates daily after U.S. close
The two companies
Carrier GlobalCARR
Climate and refrigeration solutions; supplies data center cooling and building heat pumps.
Full CARR profile →Modine ManufacturingMOD
Manufacturer of thermal systems that has pivoted toward data center cooling (CDUs and air cooling), where heat output from AI servers is extreme.
Full MOD profile →More comparisons in Cooling, power & data center infrastructure
See where CARR and MOD sit in the full AI & digital infrastructure map — every segment from suppliers to end markets.Open the AI value chain →