Carrier Global Corporation

CARR Industrials Building Products & Equipment

Carrier Global Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.7 billion, down 3.29% from fiscal 2024.

Revenue
+12.3%
EPS
−732.0%
Free cash flow
+200.9%
Total debt
−3.71%

Quarter to September 2026, against a year earlier

52.92 0.29 −0.55%
Market cap
$43.5B
P/E
0.0×
Fwd P/E
47.7×
Dividend yield
1.80%
F-score
5/9
Altman Z
2.45
Beneish M
−2.56
Dividend safety
67/100

Carrier Global Corporation (CARR) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Carrier Global Corporation (CARR) trades at a EV/EBITDA of 16.4×. Over the past ten years it has ranged from 0.0× (February 2018) to 28.6× (December 2023); the current reading is higher than 58% of that period. That is above the Building Products & Equipment industry median of 13.3× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 16.1× (10.69%)
FY2024 18.0× (7.85%)
FY2023 19.5× 108.10%
FY2022 9.4× (48.00%)
FY2021 18.0× 54.87%
FY2020 11.6× 236.99%
FY2019 3.5× 0.00%
FY2018 3.5× —
FY2017 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.8× (29.37%)
Jun 2026 23.7× 26.75%
Mar 2026 18.7× 16.61%
Dec 2025 16.1× 7.81%
27 more quarters

Against its own ten years

Low 0.0× High 28.6×
Ten-year median 15.1×
Current reading's percentile 58

EV/EBITDA against peers

Company EV/EBITDA
OC Owens Corning Inc compare 7.4×
LII Lennox International, Inc. compare 11.4×
WMS Advanced Drainage Systems, Inc. compare 12.4×
MAS Masco Corporation compare 13.9×
CSL Carlisle Companies Incorporated compare 14.3×
MAIR Madison Air Solutions Corporation compare 16.3×
CARR Carrier Global Corporation 16.4×
TT Trane Technologies plc compare 19.6×
JCI Johnson Controls International plc compare 23.5×
Building Products & Equipment industry median 13.3×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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