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 4.8× larger than Modine Manufacturing by market cap; Carrier Global trades at the lower P/E (37.7 vs 67.0); year to date, Modine Manufacturing leads (+41.9% vs +4.1%).
Side by side
| CARR | MOD | |
|---|---|---|
| Market cap | $46B | $9.7B |
| Price | $55.83 | $181.89 |
| Today | +1.5% | −4.0% |
| Return YTD | +4.1% | +41.9% |
| Return 1Y | −7.1% | +26.4% |
| Since June 26, 2026 | −24.1% | −28.9% |
| P/E | 37.7 | 67.0 |
| P/S | 2.1 | 2.9 |
| P/B | 3.5 | 8.0 |
Data as of 2026-10-08 · updates daily after U.S. close
Since June 26, 2026: the change in the closing price, from the daily closes Sectivia records itself since that date.
The two companies
Carrier GlobalCARR
Air conditioning and refrigeration, from heat pumps in buildings to cooling systems for data centers.
Full CARR profile →Modine ManufacturingMOD
Thermal systems were the old business; data centre cooling is the new one, sized for the heat AI servers give off.
Full MOD profile →More CARR & MOD comparisons
Other head-to-heads in the Cooling, power & data center infrastructure segment.