Which has the lower trailing P/E, CARR or FAST?

FAST has the lower trailing P/E: CARR trades at 44.45 and FAST at 43.93. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CARR or FAST?

Over the past five years, FAST grew revenue faster — CARR at a 2.30% CAGR versus FAST at 8.96%.

Does CARR or FAST pay a bigger dividend?

CARR yields 1.10% and FAST yields 1.77% based on trailing dividends and the latest price.

Is CARR or FAST more profitable?

FAST runs the higher net margin — CARR at 5.52% versus FAST at 15.45%.

How have CARR and FAST total returns compared?

Over the past 5 years, CARR delivered 4.11% and FAST delivered 20.15% annualized total return. Past performance doesn't predict future results.

Carrier Global Corporation (CARR) vs Fastenal Company (FAST)

A side-by-side comparison of Carrier Global Corporation and Fastenal Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 9, 2026. Differences are shown without an overall score or investment verdict.

CARR

Carrier Global Corporation

$52.77B

$64.01IndustrialsAt close: Aug 7, 2026, 4:00 PM ET

FAST

Fastenal Company

$59.49B

$51.84IndustrialsAt close: Aug 7, 2026, 4:00 PM ET

Total return — CARR vs FAST

growth of $100 · dividends reinvested · last 6y

CARR +483.0%FAST +264.7%CARR compounded faster

CARR FAST

CARR vs FAST: by the numbers

•FAST is the larger company ($59.49B vs $52.77B market cap).
•FAST trades at the lower trailing earnings multiple (43.93 vs 44.45 P/E), one valuation lens rather than an overall verdict.
•FAST converts more revenue to profit (15.45% vs 5.52% net margin).
•FAST grew revenue faster over the past five years (8.96% vs 2.30% CAGR).
•FAST pays the higher dividend yield (1.77% vs 1.10%).

Metrics side by side

Valuation

Metric	CARR	FAST
P/E ratio	44.45	43.93
Forward P/E	22.25	41.06
P/S ratio	2.43	6.82
P/B ratio	4.09	14.66
PEG ratio	N/A	3.65
EV / EBITDA	22.80	30.63
FCF yield	3.54%	1.73%

Profitability

Metric	CARR	FAST
Gross margin	24.34%	44.70%
Operating margin	7.05%	20.29%
Net margin	5.52%	15.45%
ROE	9.28%	33.23%
ROIC	5.41%	28.17%

Dividends

Metric	CARR	FAST
Dividend yield	1.10%	1.77%
Payout ratio	40.52%	83.64%

Growth (annualized)

Metric	CARR	FAST
Revenue CAGR (5Y)	2.30%	8.96%
EPS CAGR (5Y)	-5.35%	7.96%
FCF CAGR (5Y)	4.42%	2.54%
Total return CAGR (5Y)	4.11%	16.17%

Frequently asked

Which has the lower trailing P/E, CARR or FAST?: FAST has the lower trailing P/E: CARR trades at 44.45 and FAST at 43.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CARR or FAST?: Over the past five years, FAST grew revenue faster — CARR at a 2.30% CAGR versus FAST at 8.96%.
Does CARR or FAST pay a bigger dividend?: CARR yields 1.10% and FAST yields 1.77% based on trailing dividends and the latest price.
Is CARR or FAST more profitable?: FAST runs the higher net margin — CARR at 5.52% versus FAST at 15.45%.
How have CARR and FAST total returns compared?: Over the past 5 years, CARR delivered 4.11% and FAST delivered 20.15% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CARR analysis Full FAST analysis Interactive comparison tool

Dig into the metrics

Carrier Global P/E ratio Fastenal P/E ratio Carrier Global dividend yield Fastenal dividend yield Carrier Global ROE Fastenal ROE Carrier Global operating margin Fastenal operating margin Carrier Global revenue growth Fastenal revenue growth Carrier Global free cash flow Fastenal free cash flow

Carrier Global & Fastenal appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest 10-Year Total Return Stocks

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 9, 2026.