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.

Compare

Total returnCARR vs DAL

growth of $100 · dividends reinvested · last 6y
CARR +457.5% (+33.2%/yr)DAL +171.8% (+18.1%/yr)CARR compounded faster over this window
200400600Start $100202120222023202420252026$557$272
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

MetricCARRDAL
P/E ratio42.5013.81
Forward P/E21.2812.53
P/S ratio2.320.80
P/B ratio3.912.51
EV / EBITDA21.978.10
FCF yield3.70%11.09%

Profitability

MetricCARRDAL
Gross margin24.34%27.32%
Operating margin7.05%8.08%
Net margin5.52%5.79%
ROE9.28%18.11%
ROIC5.03%7.63%

Dividends

MetricCARRDAL
Dividend yield1.54%1.16%
Payout ratio54.31%12.50%

Growth (annualized)

MetricCARRDAL
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.

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.