Carrier Global price to free cash flow CARR

Market value divided by free cash flow over the last twelve months, since 2021.

Today, Oct 23, 2026: 24.0×
6-year median: 28.1×
Against its 6-year history: 28th; percentile: 0 is its lowest day, 100 its highest
6-year range: 17.0× to 131×
Peer median: 24.7×

Carrier Global's price to free cash flow is 24.0× as of Oct 23, 2026.

That is below its 6-year median of 28.1×, lower than on 72% of days in the last 6 years.

Over that time it ranged from 17.0× in Oct 2023 to 131× in Jul 2025.

The median for 10 industrial machinery stocks of a similar size is 24.7×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	24.0×	21.4×	44.5×
2025	40.0×	39.2×	131×
2024	64.5×	20.3×	72.5×
2023	21.0×	17.0×	33.2×
2022	29.2×	18.7×	38.9×
2021	40.7×	23.0×	42.8×

Against its peers

Companies in Industrial - Machinery nearest Carrier Global's size, closest first, today.

Company	Price to free cash flow
CARRCarrier Global	24.0×
ROKRockwell Automation	31.5×
PCARPACCAR	15.2×
CMICummins	21.2×
OTISOtis Worldwide	16.7×
IRIngersoll Rand	23.4×
ITWIllinois Tool Works	26.9×
DOVDover	22.8×
XYLXylem	26.4×
EMREmerson Electric	26.1×
SYMSymbotic	32.2×
Peer median	24.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Carrier Global

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.