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 4.9× larger than Modine Manufacturing by market cap; Carrier Global trades at the lower P/E (42.9 vs 74.6); year to date, Modine Manufacturing leads (+41.1% vs +13.5%).
Side by side
| CARR | MOD | |
|---|---|---|
| Market cap | $52.3B | $10.8B |
| Price | $58.52 | $188.01 |
| Today | −2.4% | −0.2% |
| Return YTD | +13.5% | +41.1% |
| Return 1Y | −11.5% | +34.2% |
| P/E | 42.9 | 74.6 |
| P/S | 2.4 | 3.2 |
| P/B | 4.0 | 9.0 |
Data as of 2026-08-26 · updates daily after U.S. close
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.
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 →