Carrier Global Corporation (CARR) P/E Ratio History
Premium ValuationTrading at 30.8x vs 5Y avg 22.7x · 75th percentile · Premium to historical baseline · Data 2020–2026
Loading P/E history...
P/E Ratio Analysis
As of November 8, 2026, Carrier Global Corporation (CARR) trades at a price-to-earnings ratio of 30.8x, with a stock price of $52.38 and trailing twelve-month earnings per share of $-2.19.
The current P/E is 36% above its 5-year average of 22.7x. Over the past five years, CARR's P/E has ranged from a low of 8.6x to a high of 50.9x, placing the current valuation at the 75th percentile of its historical range.
Compared to the Industrials sector median P/E of 24.6x, CARR trades at a 25% premium to its sector peers. The sector includes 428 companies with P/E ratios ranging from 0.0x to 197.1x.
Relative to the broader market, CARR trades roughly in line with the S&P 500 median P/E of 26.3x. 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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CARR P/E vs Peers
HVAC and Building Systems peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $89B | 31.0 | 1.04 | +15%Best | |
| $12B | 15.4Lowest | 0.80Best | -1% | |
| $82B | 51.3 | 2.00 | +4% | |
| $16B | 24.9 | 1.46 | +9% | |
| $5B | 44.3 | 8.15 | -36% | |
| $10B | 22.9 | 1.43 | -6% | |
| $10B | 65.7 | - | -50% | |
| $5B | 47.1 | - | -11% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CARR Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $73.35 | $1.44 | 50.9x | +137% |
| FY2026 Q1 | - | $56.31 | $1.54 | 36.6x | +70% |
| FY2025 Q4 | Dec 31 2025 | $52.84 | $1.73 | 30.5x | +42% |
| FY2025 Q3 | - | $59.70 | $4.49 | 13.3x | -38% |
| FY2025 Q2 | Jun 30 2025 | $73.19 | $4.48 | 16.3x | -24% |
| FY2025 Q1 | Mar 31 2025 | $63.40 | $6.33 | 10.0x | -53% |
| FY2024 Q4 | - | $68.26 | $6.15 | 11.1x | -48% |
| FY2024 Q3 | Sep 30 2024 | $80.49 | $3.82 | 21.1x | -2% |
| FY2024 Q2 | Jun 30 2024 | $63.08 | $3.75 | 16.8x | -22% |
| FY2024 Q1 | Mar 31 2024 | $58.13 | $1.43 | 40.7x | +89% |
| FY2023 Q4 | Dec 31 2023 | $57.45 | $1.58 | 36.4x | +69% |
| FY2023 Q3 | Sep 30 2023 | $55.20 | $1.40 | 39.4x | +84% |
| FY2023 Q2 | Jun 30 2023 | $49.71 | $2.51 | 19.8x | -8% |
| FY2023 Q1 | Mar 31 2023 | $45.75 | $2.95 | 15.5x | -28% |
| FY2022 Q4 | Dec 31 2022 | $41.25 | $4.09 | 10.1x | -53% |
| FY2022 Q3 | Sep 30 2022 | $35.56 | $4.15 | 8.6x | -60% |
| FY2022 Q2 | - | $35.66 | $3.15 | 11.3x | -47% |
| FY2022 Q1 | - | $45.87 | $3.03 | 15.1x | -30% |
| FY2021 Q4 | Dec 31 2021 | $54.24 | $1.88 | 28.9x | +34% |
| FY2021 Q3 | - | $51.76 | $2.51 | 20.6x | -4% |
| FY2021 Q2 | Jun 30 2021 | $48.60 | $2.82 | 17.2x | -20% |
| FY2021 Q1 | Mar 31 2021 | $42.22 | $2.57 | 16.4x | -24% |
| FY2020 Q4 | - | $37.72 | $2.25 | 16.8x | -22% |
| FY2020 Q3 | Sep 30 2020 | $30.54 | $1.75 | 17.5x | -19% |
| FY2020 Q2 | - | $22.22 | $1.37 | 16.2x | -25% |
Average P/E for displayed period: 21.5x
CARR Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CARR — Frequently Asked Questions
Quick answers to the most common questions about buying CARR stock.
What is CARR's P/E ratio?
Carrier Global Corporation (CARR) trailing twelve-month P/E ratio is 30.8x, based on TTM diluted EPS of $-2.19. The 5-year average P/E is 22.7x and the historical range spans 8.6x to 50.9x.
Is CARR stock overvalued or undervalued?
CARR trades at 30.8x P/E, above its 5-year average of 22.7x. The 75th percentile ranking within the 8.6x–50.9x historical range indicates a premium to historical valuation.
Is CARR stock expensive?
Yes, CARR is expensive relative to its own history. The current P/E of 30.8x is above the 5-year average of 22.7x and also above the Industrials sector median of 24.6x. The stock sits at the 75th percentile of its 5-year valuation range.
What is CARR's historical P/E range?
Over the past 5 years, CARR's P/E ratio has ranged from 8.6x to 50.9x, with a median of 19.8x and an average of 22.7x. The current P/E of 30.8x places the stock at the 75th percentile of this range. Full historical data spans 2020–2026.
How does CARR's P/E compare to the S&P 500?
CARR trades at 30.8x P/E versus the S&P 500 median of 26.3x. The 17% premium to the market typically reflects higher expected earnings growth or quality.
How does CARR's valuation compare to Industrials peers?
Carrier Global Corporation P/E of 30.8x compares to the Industrials sector median of 24.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CARR's PEG ratio?
CARR PEG ratio is N/A, based on a P/E of 30.8x and EPS growth of -72.4%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CARR's earnings yield?
CARR earnings yield is 3.25%, the inverse of its 30.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.