Carrier Global Corporation
CARR
Rank in Stocks
#537
Carrier Global Corporation is a worldwide provider of advanced technological... Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.
Share Price
$55.30
Market Cap
$45.58B
Change (1 day)
0.83%
Change (1 year)
-1.61%
Country
US
Trade Carrier Global Corporation (CARR)
Category
Industrials
P/E ratio for Carrier Global Corporation (CARR)
P/E ratio as of October 2026 TTM: 37.32
According to Carrier Global Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.32. At the end of 2024 the company had a P/E ratio of 10.94.
P/E ratio history for Carrier Global Corporation from 2017 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 37.32 | 25.67% |
| 2025 | 29.70 | 171.47% |
| 2024 | 10.94 | -69.32% |
| 2023 | 35.66 | 262.22% |
| 2022 | 9.84 | -65.19% |
| 2021 | 28.28 | 71.51% |
| 2020 | 16.49 | 235.69% |
| 2019 | 4.91 | 29.21% |
| 2018 | 3.80 | -55.12% |
| 2017 | 8.47 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | -28.18% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | -11.34% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.