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. In the quarter to June 2026, revenue grew 3.89%, EPS fell 13.0%, free cash flow grew 42.6% and total debt rose 4.45%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years; insiders bought in the last twelve months.

55.00 0.04 +0.07%
Market cap
$45.3B
P/E
37.9×
Fwd P/E
31.1×
Dividend yield
2.15%
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

As of 16 October 2026, Carrier Global Corporation (CARR) trades at a P/E ratio of 37.9×. Over the past ten years it has ranged from 2.3× (February 2018) to 50.6× (June 2026); the current reading is higher than 88% of that period. That is above the Building Products & Equipment industry median of 23.2× and above the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 30.7× 187.59%
FY2024 10.7× (69.34%)
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
Jun 2026 50.6× 38.35%
Mar 2026 36.6× 19.02%
Dec 2025 30.7× 133.11%
Sep 2025 13.2× (16.09%)
26 more quarters

Against its own ten years

Low 2.3× High 50.6×
Ten-year median 17.6×
Current reading's percentile 88

P/E ratio against peers

Company P/E ratio
OC Owens Corning Inc compare n/m
LII Lennox International, Inc. compare 16.1×
MAS Masco Corporation compare 16.8×
CSL Carlisle Companies Incorporated compare 19.0×
WMS Advanced Drainage Systems, Inc. compare 21.9×
JCI Johnson Controls International plc compare 25.2×
SPXC SPX Technologies, Inc. compare 29.5×
TT Trane Technologies plc compare 34.8×
CARR Carrier Global Corporation 37.9×
Building Products & Equipment industry median 23.2×
Industrials sector median 24.7×
Market median 18.1×

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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