SuperworthCarrier Global CARR
- Market cap
- $46.4B
- PE
- 39.1×
- 6y median 18.8×
- Forward PE
- 18.6×
- 7y median 21.2×
- Price to sales
- 2.1×
- EV/EBIT
- 29.7×
- Revenue, 12 months
- $22.1B
- −2% on a year ago
- Net margin
- 5.5%
- Free cash flow yield
- 4.2%
Carrier Global trades at 39.1× trailing earnings, pricier than 85% of the last ten years. Revenue was $22.1B over the last twelve months, down 2% on a year earlier with a 6% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $4.9B−10% | $4.3B−16% | $5.4B+20% | $5.9B+15% | $6B+21% | $5.1B+19% | $5.2B−4% | $6.1B+3% | $5.6B−7% | $4.8B−6% | $5.3B+2% | $6.4B+4% | |
| Cost of revenue | $3.4B−13% | $3.7B−5% | $4B+4% | $4.4B+3% | $4.3B+25% | $3.8B+4% | $3.8B−7% | $4.3B−0% | $4.1B−4% | $3.9B+2% | $4.1B+9% | $4.6B+6% |
| Gross profit | $1.5B+1% | $1.4B+15% | $1.4B+1% | $1.6B−10% | $1.7B+13% | $1.3B−6% | $1.4B+4% | $1.8B+12% | $1.4B−14% | $961M−29% | $1.2B−14% | $1.7B−2% |
| R&D | $126M−12% | $170M+14% | $192M+38% | $160M+6% | $172M+37% | $162M−5% | $153M−20% | $161M+1% | $151M−12% | $160M−1% | $143M−7% | $148M−8% |
| SG&A | $664M+6% | $961M+43% | $807M+12% | $789M+1% | $799M+20% | $803M−16% | $729M−10% | $813M+3% | $803M+1% | $747M−7% | $861M+18% | $810M−0% |
| $510M−67% | $539M+25% | $385M−16% | $724M+11% | $763M+50% | $774M+44% | $629M+63% | $903M+25% | $539M−29% | $101M−87% | $259M−59% | $825M−9% | |
| Interest expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Pre-tax income | $471M−68% | $559M+48% | $244M−52% | $567M+34% | $770M+64% | $693M+24% | $548M+125% | $812M+43% | $433M−44% | $5M−99% | $170M−69% | $721M−11% |
| $177M+28% | $120M+21% | $47M−62% | $120M−37% | $172M−3% | $723M+503% | $111M+136% | $162M+35% | −$1M | −$32M | −$96M | $180M+11% | |
| Net income | $357M−73% | $420M+56% | $269M−28% | $2.3B+1074% | $447M+25% | $2.6B+507% | $412M+53% | $591M−75% | $428M−4% | $53M−98% | $238M−42% | $501M−15% |
| $0.42−73% | $0.49+53% | $0.29−34% | $2.55+1009% | $0.49+17% | $2.82+476% | $0.47+62% | $0.68−73% | $0.50+2% | $0.06−98% | $0.28−40% | $0.60−12% | |
| 854.7M−0% | 853.9M+0% | 913M+7% | 915.3M+8% | 915M+7% | 903.7M+6% | 878.3M−4% | 866.3M−5% | 858.6M−6% | 846.7M−6% | 842.8M−4% | 836.5M−3% |
Gross profit: 30 periods, Q1 FY19 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 6 periods, Q4 FY19 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 7 periods, Q4 FY19 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $6.1B | $5.8B to $6.2B | $0.76 | $0.68 to $0.89 | 14 |
| Q4 FY26 | $5.6B | $5.5B to $5.8B | $0.69 | $0.61 to $0.74 | 13 |
| Q1 FY27 | $5.7B | $5.5B to $5.9B | $0.56 | $0.54 to $0.59 | 5 |
| Q2 FY27 | $6.8B | $6.6B to $7.1B | $1.02 | $0.98 to $1.08 | 5 |
| Q3 FY27 | $6.4B | $6.3B to $6.7B | $0.94 | $0.91 to $1.00 | 5 |
| Q4 FY27 | $5.9B | $5.7B to $6.1B | $0.77 | $0.75 to $0.82 | 5 |
| Q1 FY28 | $6B | $5.8B to $6.3B | $0.64 | $0.62 to $0.68 | 6 |
| Q2 FY28 | $7.2B | $7B to $7.6B | $1.12 | $1.08 to $1.19 | 6 |
Peers
Companies in Industrial - Machinery nearest Carrier Global's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| CARRCarrier Global | $46.4B | 39.1× | 18.8× | 18.6× | 2.1× | −2% | 5.5% |
| ROKRockwell Automation | $47.3B | 39.9× | 30.6× | 29.3× | 5.3× | +11% | 13.4% |
| PCARPACCAR | $56.3B | 22.5× | 14.2× | 16.2× | 2.0× | −11% | 9.0% |
| CMICummins | $71.2B | 26.4× | 18.2× | 15.7× | 2.1× | +3% | 7.8% |
| OTISOtis Worldwide | $28.6B | 19.3× | 26.4× | 17.5× | 1.9× | +5% | 10.2% |
| IRIngersoll Rand | $28.5B | 30.2× | 39.8× | 19.6× | 3.6× | +8% | 12.1% |
| ITWIllinois Tool Works | $78.5B | 25.0× | 24.2× | 23.5× | 4.8× | +4% | 19.4% |
| DOVDover | $26.8B | 24.0× | 19.2× | 17.7× | 3.2× | +8% | 13.5% |
| XYLXylem | $25.4B | 25.9× | 37.5× | 18.6× | 2.8× | +5% | 11.2% |
| EMREmerson Electric | $90.1B | 35.4× | 24.4× | 22.8× | 4.8× | +5% | 13.8% |
| SYMSymbotic | $23.8B | 436× | 467× | 110× | 9.0× | +21% | 0.5% |
| Peer median | $38B | 26.2× | 25.4× | 19.1× | 3.4× | +5% | 11.6% |
Investors who own it
Investors we follow who held Carrier Global at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group0.1% of portfolio
More on Carrier Global
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 13Industrial machinery stocks with the highest dividend yields
- #4of 13Industrial machinery stocks with the lowest PEG ratio
- #6of 14Industrial machinery stocks with the fastest expected revenue growth
- #6of 14Industrial machinery stocks with the lowest forward PE
Its groups
About
- Industry
- Industrial - Machinery
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .