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Carrier GlobalCARR

Building Products · Palm Beach Gardens, Florida · In the S&P 500
Cheaper than peers
$53.63−3.44%After hours: $53.68 (+0.09%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 11.7% over 1 year
Carrier Global over 1 yearDaily close, $, to 30 Oct 2026
$50$60$70Nov2026MarMayJulSep$53.63$50$60$70NovMarJul$53.63
Source: Nasdaq daily closes
Market value$44.21B
Price to earnings–
Forward P/E17.9x
Dividend yield1.79%
Year to date+1.5%
One year−11.7%
Next earningsNot scheduled
52-week range (closes)
$50.36$76.00

Quality and valuation

How Carrier Global compares with other industrials stocks. A description, not a recommendation.

Carrier Global and 6 building products peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most industrials companies, priced below most of them.

Carrier Global trades at 17.9 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +3.3% vs +8.2%
  • Less profitable (operating margin): −4.8% vs 17.5%
  • Turns less of its sales into cash: 10.4% vs 13.1%
CARR trades at 17.9x forward earnings, below the sector medianForward p/e, Building Products peers
LII15.2xAOS16.7xCARR17.9xMAS18.6xALLE19.3xTT24.8xJCI25.0xSector median 21.4xLII15.2xAOS16.7xCARR17.9xMAS18.6xALLE19.3xTT24.8xJCI25.0xSector median 21.4x
Source: CNBC quotes; Mostly Markets

Financials

From Carrier Global's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 12.3% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bn$6bnQ4 ’24Q2 ’25Q4 ’25$6.3bnQ3 ’26$0bn$2bn$5bnQ4 ’24Q2 ’25Q4 ’25$6.3bnQ3 ’26
Source: SEC filings
Growth sped up to +12.3% last quarterRevenue growth, year on year, %
0%10%Q4 ’24Q2 ’25Q4 ’2512.3%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2512.3%Q3 ’26
Source: SEC filings
Operating margin was -36.3% last quarterOperating income as a share of revenue, %
−20%0%Q4 ’24Q2 ’25Q4 ’25−36.3%Q3 ’26−20%0%Q4 ’24Q2 ’25Q4 ’25−36.3%Q3 ’26
Source: SEC filings
Free cash flow was $2.4 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$250m$500m$750mQ4 ’24Q2 ’25Q4 ’25$674mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$674mQ3 ’26
Source: SEC filings
Last 12 monthsCARRSector median
Revenue growth+3.3%+8.2%
Operating margin−4.8%17.5%
Free cash flow margin10.4%13.1%

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