Carrier Global Corporation (CARR) P/E Ratio History
Historical price-to-earnings valuation from 2020 to 2026
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CARR Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Carrier Global Corporation (CARR) trades at a price-to-earnings ratio of 37.8x, with a stock price of $64.18 and trailing twelve-month earnings per share of $1.56.
The current P/E is 80% above its 5-year average of 21.0x. Over the past five years, CARR's P/E has ranged from a low of 8.6x to a high of 40.7x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.7x, CARR trades at a 47% premium to its sector peers. The sector includes 416 companies with P/E ratios ranging from 0.0x to 183.1x.
Relative to the broader market, CARR commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CARR DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CARR P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $106B | 36.8 | 1.23 | +15%Best | |
| $18B | 23.5 | 1.22 | -1% | |
| $89B | 55.1 | 2.15 | +4% | |
| $11B | 17.8Lowest | 1.04Best | +9% | |
| $8B | 72.6 | 13.36 | -36% | |
| $12B | 24.8 | - | -11% | |
| $15B | 98.0 | - | -50% | |
| $5B | 50.9 | - | -11% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CARR Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $56.31 | $1.54 | 36.6x | +80% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $52.84 | $1.73 | 30.5x | +51% |
| FY2025 Q3 | $59.70 | $4.49 | 13.3x | -34% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $73.19 | $4.48 | 16.3x | -19% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $63.40 | $6.33 | 10.0x | -51% |
| FY2024 Q4 | $68.26 | $6.15 | 11.1x | -45% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $80.49 | $3.82 | 21.1x | +4% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $63.08 | $3.75 | 16.8x | -17% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $58.13 | $1.43 | 40.7x | +101% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $57.45 | $1.58 | 36.4x | +79% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $55.20 | $1.40 | 39.4x | +95% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $49.71 | $2.51 | 19.8x | -2% |
Average P/E for displayed period: 20.3x
Full CARR Stock Analysis
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Start ComparisonCARR — Frequently Asked Questions
Quick answers to the most common questions about buying CARR stock.
Is CARR stock overvalued or undervalued?
CARR trades at 37.8x P/E, above its 5-year average of 21.0x. The 90th percentile ranking indicates a premium to historical valuation.
How does CARR's valuation compare to peers?
Carrier Global Corporation P/E of 37.8x compares to sector median of 25.7x. The premium reflects expected growth above peers.
What is CARR's PEG ratio?
CARR PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2020-2026.