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

53.30 2.36 −4.24%
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) P/E ratio

Alert me on P/E ratio

Carrier Global Corporation has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 50.6× (June 2026) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 30.7× 181.73%
FY2024 10.9× (68.71%)
FY2023 34.8× 250.05%
FY2022 10.0× (64.76%)
FY2021 28.3× 71.51%
FY2020 16.5× 241.50%
FY2019 4.8× 0.00%
FY2018 4.8× 81.58%
FY2017 2.7× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 0.0× —
Jun 2026 50.6× 38.35%
Mar 2026 36.6× 19.02%
Dec 2025 30.7× 133.11%
27 more quarters

Against its own ten years

Low 0.0× High 50.6×
Ten-year median 17.6×
Current reading's percentile 2

P/E ratio against peers

Company P/E ratio
CARR Carrier Global Corporation n/m
OC Owens Corning Inc compare n/m
LII Lennox International, Inc. compare 16.2×
MAS Masco Corporation compare 18.1×
CSL Carlisle Companies Incorporated compare 21.4×
WMS Advanced Drainage Systems, Inc. compare 23.3×
TT Trane Technologies plc compare 27.8×
JCI Johnson Controls International plc compare 28.2×
MAIR Madison Air Solutions Corporation compare 48.8×
Building Products & Equipment industry median 23.3×
Industrials sector median 23.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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