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).
CARR
Carrier Global Corporation
$70.75Industrials
DAL
Delta Air Lines, Inc.
$86.72Industrials
Total return — CARR vs DAL
growth of $100 · last 6yCARR +489.6%DAL +303.2%CARR compounded faster
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 15It 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
| Metric | CARR | DAL |
|---|---|---|
| P/E ratio | 45.94 | 12.66● |
| Forward P/E | 22.11 | 15.66● |
| P/S ratio | 2.73 | 0.87● |
| P/B ratio | 4.43 | 2.77● |
| PEG ratio | — | 0.21 |
| EV / EBITDA | 22.39 | 7.22● |
| FCF yield | 2.78% | 6.93%● |
Profitability
| Metric | CARR | DAL |
|---|---|---|
| Gross margin | 24.80% | 26.19%● |
| Operating margin | 7.24% | 8.83%● |
| Net margin | 5.99% | 6.87%● |
| ROE | 9.74% | 21.97%● |
| ROIC | 5.41% | 8.30%● |
Dividends
| Metric | CARR | DAL |
|---|---|---|
| Dividend yield | 1.31%● | 0.86% |
| Payout ratio | 53.45% | 9.72% |
Growth (annualized)
| Metric | CARR | DAL |
|---|---|---|
| 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.
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 June 24, 2026.