Carrier Global Corporation (CARR) vs Delta Air Lines, Inc. (DAL)
A side-by-side comparison of Carrier Global Corporation and Delta Air Lines, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
CARR
Carrier Global Corporation
$61.20IndustrialsDelayed quote: Aug 19, 2026, 4:00 PM EDT
DAL
Delta Air Lines, Inc.
$83.29IndustrialsAt close: Aug 19, 2026, 4:00 PM ET
Total return — CARR vs DAL
growth of $100 · dividends reinvested · last 6yCARR +457.5% (+33.2%/yr)DAL +171.8% (+18.1%/yr)CARR compounded faster over this window
CARR DAL
CARR vs DAL: by the numbers
- •DAL is the larger company ($54.77B vs $50.45B market cap).
- •DAL trades at the lower trailing earnings multiple (13.81 vs 42.50 P/E), one valuation lens rather than an overall verdict.
- •DAL converts more revenue to profit (5.79% vs 5.52% net margin).
- •DAL grew revenue faster over the past five years (30.12% vs 2.30% CAGR).
- •CARR pays the higher dividend yield (1.54% vs 1.16%).
Metrics side by side
Valuation
| Metric | CARR | DAL |
|---|---|---|
| P/E ratio | 42.50 | 13.81 |
| Forward P/E | 21.28 | 12.53 |
| P/S ratio | 2.32 | 0.80 |
| P/B ratio | 3.91 | 2.51 |
| EV / EBITDA | 21.97 | 8.10 |
| FCF yield | 3.70% | 11.09% |
Profitability
| Metric | CARR | DAL |
|---|---|---|
| Gross margin | 24.34% | 27.32% |
| Operating margin | 7.05% | 8.08% |
| Net margin | 5.52% | 5.79% |
| ROE | 9.28% | 18.11% |
| ROIC | 5.03% | 7.63% |
Dividends
| Metric | CARR | DAL |
|---|---|---|
| Dividend yield | 1.54% | 1.16% |
| Payout ratio | 54.31% | 12.50% |
Growth (annualized)
| Metric | CARR | DAL |
|---|---|---|
| Revenue CAGR (5Y) | 2.30% | 30.12% |
| EPS CAGR (5Y) | -5.35% | 0.89% |
| FCF CAGR (5Y) | 4.42% | 124.85% |
| Total return CAGR (5Y) | 3.60% | 17.87% |
Frequently asked
- Which has the lower trailing P/E, CARR or DAL?
- DAL has the lower trailing P/E: CARR trades at 42.50 and DAL at 13.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CARR or DAL?
- Over the past five years, DAL grew revenue faster — CARR at a 2.30% CAGR versus DAL at 30.12%.
- Does CARR or DAL pay a bigger dividend?
- CARR yields 1.54% and DAL yields 1.16% based on trailing dividends and the latest price.
- Is CARR or DAL more profitable?
- DAL runs the higher net margin — CARR at 5.52% versus DAL at 5.79%.
- How have CARR and DAL total returns compared?
- Over the past 5 years, CARR delivered 3.60% and DAL delivered 9.82% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carrier Global P/E ratioDelta Air Lines P/E ratioCarrier Global dividend yieldDelta Air Lines dividend yieldCarrier Global ROEDelta Air Lines ROECarrier Global operating marginDelta Air Lines operating marginCarrier Global revenue growthDelta Air Lines revenue growthCarrier Global free cash flowDelta Air Lines free cash flow
Carrier Global & Delta Air Lines appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.