Carrier Global Corporation (CARR) vs Lennox International, Inc. (LII)

Carrier Global Corporation and Lennox International, Inc. are both Building Products & Equipment companies. Carrier Global Corporation is the larger, with a market value of $43.5B against $11.9B — 3.6× the size. Carrier Global Corporation has negative trailing earnings, so its P/E is not meaningful; Lennox International, Inc. trades at 16.2×. Carrier Global Corporation grew revenue faster over the last twelve months: 3.33% against 1.92%. Lennox International, Inc. has the higher net margin (13.8% vs −7.90%) and the higher return on invested capital (26.3% vs −3.31%). Both pay a dividend; Carrier Global Corporation yields more (1.80% vs 1.52%). Across the 22 metrics below, Lennox International, Inc. leads on 17 and Carrier Global Corporation on 5.

Valuation

Metric CARR LII Building Products & Equipment median
P/E n/m 16.17 23.33
P/S 1.92 2.21 2.09
P/B 4.20 9.13 2.85
Price to free cash flow 18.42 14.35 18.42
EV/EBITDA 16.37 11.38 13.29
EV/Sales 2.37 2.41 2.28
Earnings yield (4.15%) 6.19% 3.04%
Free cash flow yield 5.43% 6.97% 4.26%

Profitability

Metric CARR LII Building Products & Equipment median
Gross margin 24.64% 32.62% 31.88%
Operating margin (4.77%) 18.84% 7.18%
Net margin (7.90%) 13.76% 4.11%
Free cash flow margin 10.43% 15.38% 6.41%
Return on equity (14.26%) 62.82% 5.95%
Return on assets (5.03%) 18.26% 3.90%
Return on invested capital (3.31%) 26.31% 5.54%

Growth

Metric CARR LII Building Products & Equipment median
Revenue growth (TTM) 3.33% 1.92% 6.27%
EPS growth (last fiscal year) (72.03%) 1.11% (28.29%)
Revenue growth, 5-year CAGR 4.49% 7.41% 4.81%
Net income growth, 5-year CAGR (5.62%) 17.73% 0.00%

Health

Metric CARR LII Building Products & Equipment median
Debt to equity 1.10 0.89 0.55
Current ratio 1.00 1.21 1.83
Net debt to EBITDA 2.98 0.98 1.45

Dividend

Metric CARR LII Building Products & Equipment median
Dividend yield 1.80% 1.52% 1.37%
Payout ratio 0.67 0.25 0.28

Size

Metric CARR LII Building Products & Equipment median
Market cap 43.53b 11.93b 3.22b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack