Carrier Global Corporation (CARR)

Price$61.65

Favorite Metrics

Price vs S&P 500 (26W)-0.52%

Price vs S&P 500 (4W)-3.90%

Market Capitalization$51.50B

P/E Ratio (Annual)34.71x

Indicated Dividend Yield (Annual)1.57%

All Metrics

P/CF (Annual)20.70x

Book Value / Share (Quarterly)$16.52

P/TBV (Annual)5.95x

Indicated Dividend (Annual)$0.90

Revenue Growth (3Y)2.12%

Cash Flow / Share (Quarterly)$2.51

Payout Ratio (TTM)52.02%

Price vs S&P 500 (YTD)11.91%

Gross Margin (TTM)26.05%

Net Profit Margin (TTM)6.82%

EPS (TTM)$1.71

10-Day Avg Trading Volume7.24M

EPS Excl Extra (TTM)$1.71

Revenue Growth (5Y)4.49%

EPS (Annual)$1.72

Dividend / Share (Annual)$0.90

ROI (Annual)5.79%

Gross Margin (Annual)26.05%

Net Profit Margin (5Y Avg)12.64%

Cash / Share (Quarterly)$1.86

P/E Basic Excl Extra (TTM)34.71x

Revenue Growth QoQ (YoY)-6.04%

EPS Growth (5Y)-5.24%

P/E Normalized (Annual)34.71x

ROA (Last FY)3.99%

Revenue Growth TTM (YoY)-9.40%

EBITD / Share (TTM)$3.72

ROE (5Y Avg)27.25%

Operating Margin (TTM)9.99%

Cash Flow / Share (Annual)$2.51

P/B Ratio3.73x

P/B Ratio (Quarterly)3.22x

Net Income / Employee (Annual)$0

EV / Revenue (TTM)2.84x

Net Interest Coverage (TTM)14.32x

ROA (TTM)3.95%

EPS Growth QoQ (YoY)-97.82%

EV / EBITDA (TTM)19.26x

EPS Incl Extra (Annual)$1.72

Current Ratio (Annual)1.20x

Quick Ratio (Quarterly)0.85x

3-Month Avg Trading Volume7.46M

52-Week Price Return3.60%

EV / Free Cash Flow (Annual)29.48x

P/E Incl Extra (TTM)34.71x

Revenue / Employee (TTM)$0

Tangible BV / Share (Quarterly)$8.95

P/S Ratio (Annual)2.37x

Asset Turnover (Annual)0.58x

52-Week High$81.09

Operating Margin (5Y Avg)13.29%

EPS Excl Extra (Annual)$1.72

CapEx CAGR (5Y)4.67%

Tangible BV CAGR (5Y)7.47%

26-Week Price Return8.22%

Quick Ratio (Annual)0.85x

13-Week Price Return10.29%

Total Debt / Equity (Annual)0.86x

Current Ratio (Quarterly)1.20x

Enterprise Value$61,782.46

Revenue / Share Growth (5Y)4.92%

Asset Turnover (TTM)0.58x

Book Value / Share Growth (5Y)18.06%

Revenue / Employee (Annual)$0

Inventory Turnover (Annual)6.73x

Pretax Margin (Annual)8.27%

Cash / Share (Annual)$1.86

3-Month Return Std Dev41.23%

Gross Margin (5Y Avg)26.44%

Net Income / Employee (TTM)$0

EBITDA CAGR (5Y)8.34%

EBITDA Interim CAGR (5Y)17.38%

ROE (Last FY)10.75%

Net Interest Coverage (Annual)14.32x

EPS Basic Excl Extra (Annual)$1.72

P/FCF (TTM)24.57x

Receivables Turnover (TTM)7.07x

EV / Free Cash Flow (TTM)29.48x

Total Debt / Equity (Quarterly)0.86x

EPS Incl Extra (TTM)$1.71

Receivables Turnover (Annual)7.07x

ROI (TTM)5.75%

P/S Ratio (TTM)2.37x

Pretax Margin (5Y Avg)12.02%

Revenue / Share (Annual)$25.22

Tangible BV / Share (Annual)$8.95

Forward P/E22.20x

Free OCF CAGR (5Y)8.72%

Price vs S&P 500 (52W)-31.50%

P/E Ratio (TTM)34.71x

EPS Growth TTM (YoY)-72.39%

Year-to-Date Return16.05%

5-Day Price Return-4.66%

EPS Normalized (Annual)$1.72

ROA (5Y Avg)8.60%

Net Profit Margin (Annual)6.82%

Month-to-Date Return8.90%

Cash Flow / Share (TTM)$2.12

EBITD / Share (Annual)$3.72

EPS Growth (3Y)-25.16%

Operating Margin (Annual)9.99%

LT Debt / Equity (Annual)0.82x

P/CF (TTM)20.70x

ROI (5Y Avg)12.86%

P/E Excl Extra (TTM)34.71x

LT Debt / Equity (Quarterly)0.82x

EPS Basic Excl Extra (TTM)$1.71

P/TBV (Quarterly)5.95x

Payout Ratio (Annual)52.02%

P/B Ratio (Annual)3.22x

Dividend / Share (TTM)$0.90

Inventory Turnover (TTM)6.73x

Pretax Margin (TTM)8.27%

Book Value / Share (Annual)$16.52

Price vs S&P 500 (13W)7.42%

Net Margin Growth (5Y)-9.69%

Dividend Yield (TTM)1.50%

Beta1.32x

P/FCF (Annual)24.57x

Revenue / Share (TTM)$25.69

ROE (TTM)10.44%

52-Week Low$50.24

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

3.90

Industry Peers — HVAC Equipment(4)

Symbol	P/S Ratio (TTM)	Revenue Growth TTM (YoY)	Gross Margin (TTM)	Forward P/E	Price
CARRCarrier Global Corporation	2.37x	-9.40%	26.05%	22.20x	$61.65
JCIJohnson Controls International plc	4.30x	-9.91%	43.54%	29.75x	$140.98
LIILennox International Inc.	3.30x	-2.73%	33.39%	20.46x	$493.46
AAONAaon Inc	5.37x	20.11%	26.75%	49.44x	$97.90
TGENTecogen Inc.	5.68x	-10.02%	43.64%	—	$4.87

About

Carrier Global, spun out of United Technologies in 2020, is a global HVAC and refrigeration provider operating multiple brands (Carrier, Bryant, Payne, Heil) across commercial, residential, and transportation segments. Revenue is balanced across geographies: 50% US, 30% Europe, 20% Asia-Pacific, with 75% from equipment sales and 25% from parts and services. In 2024, the company acquired Viessmann Climate Solutions for European market share in heat pumps, boilers, and solar PV equipment, while recent divestitures of fire/security and commercial refrigeration operations refined focus on HVAC and refrigeration.