Carrier Global Corporation (CARR) vs Delta Air Lines, Inc. (DAL)

DAL leads on 15 of 16 compared metrics.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CARR vs DAL

growth of $100 · last 6y
CARR +489.6%DAL +303.2%CARR compounded faster
200400600Start $100202120222023202420252026$590$403
CARR DAL

CARR vs DAL: by the numbers

  • CARR is the larger company ($58.76B vs $56.97B market cap).
  • DAL trades at the lower earnings multiple (12.66 vs 45.94 P/E).
  • DAL converts more revenue to profit (6.87% vs 5.99% net margin).
  • DAL grew revenue faster over the past five years (38.80% vs 3.67% CAGR).
  • CARR pays the higher dividend yield (1.31% vs 0.86%).

Which is better, CARR or DAL?

Metric tally: CARR 1 · DAL 15

It depends on what you're optimizing for:

ValueDAL(lower P/E)
GrowthDAL(faster 5Y revenue CAGR)
IncomeCARR(higher dividend yield)
QualityDAL(higher ROIC)

Metrics side by side

Valuation

MetricCARRDAL
P/E ratio45.9412.66
Forward P/E22.1115.66
P/S ratio2.730.87
P/B ratio4.432.77
PEG ratio0.21
EV / EBITDA22.397.22
FCF yield2.78%6.93%

Profitability

MetricCARRDAL
Gross margin24.80%26.19%
Operating margin7.24%8.83%
Net margin5.99%6.87%
ROE9.74%21.97%
ROIC5.41%8.30%

Dividends

MetricCARRDAL
Dividend yield1.31%0.86%
Payout ratio53.45%9.72%

Growth (annualized)

MetricCARRDAL
Revenue CAGR (5Y)3.67%38.80%
EPS CAGR (5Y)-5.35%0.89%
FCF CAGR (5Y)1.87%115.85%
Total return CAGR (5Y)10.41%14.64%

Frequently asked

Which is better, CARR or DAL?
It depends on your goal. value: DAL (lower P/E); growth: DAL (faster 5Y revenue CAGR); income: CARR (higher dividend yield); quality: DAL (higher ROIC). Across all compared metrics, DAL leads 15 to 1.
Is CARR or DAL cheaper?
On trailing earnings, DAL is cheaper: CARR trades at a 45.94 P/E and DAL at 12.66.
Which has grown faster, CARR or DAL?
Over the past five years, DAL grew revenue faster — CARR at a 3.67% CAGR versus DAL at 38.80%.
Does CARR or DAL pay a bigger dividend?
CARR yields 1.31% and DAL yields 0.86% based on trailing dividends and the latest price.
Is CARR or DAL more profitable?
DAL runs the higher net margin — CARR at 5.99% versus DAL at 6.87%.
Which has been the better investment, CARR or DAL?
Over the past 5-year, CARR delivered the higher annualized total return — CARR at 10.41% versus DAL at 9.85%. Past performance doesn't predict future results.

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 June 24, 2026.