Carrier Global Corporation (CARR) vs Masco Corporation (MAS)

Carrier Global Corporation and Masco Corporation are both Building Products & Equipment companies. Carrier Global Corporation is the larger, with a market value of $45.3B against $13.3B — 3.4× the size. Masco Corporation trades at the lower P/E: 15.8× against 38.9×. Masco Corporation grew revenue faster over the last twelve months: −0.56% against −1.58%. Masco Corporation has the higher net margin (11.6% vs 5.52%) and the higher return on invested capital (32.4% vs 4.47%). Both pay a dividend; Masco Corporation yields more (1.60% vs 1.30%). Across the 22 metrics below, Masco Corporation leads on 20 and Carrier Global Corporation on 2.

Valuation

Metric CARR MAS Building Products & Equipment median
P/E 38.88 15.83 24.54
P/S 2.11 1.80 2.00
P/B 3.47 n/m 3.02
Price to free cash flow 24.21 12.02 18.49
EV/EBITDA 19.05 12.26 12.63
EV/Sales 2.59 2.15 2.14
Earnings yield 2.57% 6.32% 2.74%
Free cash flow yield 4.13% 8.32% 3.58%

Profitability

Metric CARR MAS Building Products & Equipment median
Gross margin 24.34% 36.96% 29.19%
Operating margin 7.80% 17.56% 6.84%
Net margin 5.52% 11.60% 4.05%
Free cash flow margin 8.72% 14.96% 8.72%
Return on equity 8.57% 5,893.33% 9.28%
Return on assets 3.22% 16.54% 2.88%
Return on invested capital 4.47% 32.43% 5.16%

Growth

Metric CARR MAS Building Products & Equipment median
Revenue growth (TTM) (1.58%) (0.56%) 3.11%
EPS growth (last fiscal year) (72.03%) 2.66% —
Revenue growth, 5-year CAGR 4.49% 1.02% 5.37%
Net income growth, 5-year CAGR (5.62%) (7.79%) 0.00%

Health

Metric CARR MAS Building Products & Equipment median
Debt to equity 0.89 (27.50) 0.43
Current ratio 1.02 1.86 1.82
Net debt to EBITDA 2.98 1.65 0.98

Dividend

Metric CARR MAS Building Products & Equipment median
Dividend yield 1.30% 1.60% 1.20%
Payout ratio 0.28 0.32 0.04

Size

Metric CARR MAS Building Products & Equipment median
Market cap 45.33b 13.27b 1.18b

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