Carrier Global Corporation CARR

56.37 1.50 2.73% as of 25 Sep
Market cap
$45.3B
P/E
38.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
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Carrier Global Corporation (CARR) Price to free cash flow

As of 25 September 2026, Carrier Global Corporation (CARR) trades at a price to free cash flow of 24.2×. Over the past ten years it has ranged from 0.0× (February 2018) to 1,440× (January 2025); the current reading is higher than 41% of that period. That is above the Building Products & Equipment industry median of 18.5× and above the Industrials sector median of 20.6×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 21.2× (98.48%)
FY2024 1,393× 6,291.46%
FY2023 21.8× (11.41%)
FY2022 24.6× (1.01%)
FY2021 24.9× 4.97%
FY2020 23.7× 300.80%
FY2019 5.9× 0.00%
FY2018 5.9× —
FY2017 0.0× —

Quarterly

Period Price to free cash flow Change
Jun 2026 31.5× 12.97%
Mar 2026 27.9× 31.33%
Dec 2025 21.2× (52.77%)
Sep 2025 45.0× (61.05%)
26 more quarters

Against its own ten years

Low 0.0× High 1,440×
Ten-year median 25.8×
Current reading's percentile 41

Price to free cash flow against peers

Company Price to free cash flow
OC Owens Corning Inc compare 10.2×
MAS Masco Corporation compare 12.0×
CSL Carlisle Companies Incorporated compare 15.1×
LII Lennox International, Inc. compare 17.5×
WMS Advanced Drainage Systems, Inc. compare 18.5×
CARR Carrier Global Corporation 24.2×
TT Trane Technologies plc compare 28.2×
JCI Johnson Controls International plc compare 28.5×
SPXC SPX Technologies, Inc. compare 28.5×
Building Products & Equipment industry median 18.5×
Industrials sector median 20.6×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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