Carrier Global Corporation (CARR) vs Fastenal Company (FAST)
FAST leads on 11 of 16 compared metrics.
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 June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CARR vs FAST
growth of $100 · last 6yCARR +517.2%FAST +176.5%CARR compounded faster
CARR FAST
CARR vs FAST: by the numbers
- •CARR is the larger company ($61.51B vs $53.11B market cap).
- •FAST trades at the lower earnings multiple (40.58 vs 48.09 P/E).
- •FAST converts more revenue to profit (15.39% vs 5.99% net margin).
- •FAST grew revenue faster over the past five years (8.19% vs 3.67% CAGR).
- •FAST pays the higher dividend yield (1.99% vs 1.26%).
Which is better, CARR or FAST?
Metric tally: CARR 5 · FAST 11It depends on what you're optimizing for:
ValueFAST(lower P/E)
GrowthFAST(faster 5Y revenue CAGR)
IncomeFAST(higher dividend yield)
QualityFAST(higher ROIC)
Metrics side by side
Valuation
| Metric | CARR | FAST |
|---|---|---|
| P/E ratio | 48.09 | 40.58● |
| Forward P/E | 23.15● | 37.19 |
| P/S ratio | 2.85● | 6.31 |
| P/B ratio | 4.64● | 13.35 |
| PEG ratio | — | 3.65 |
| EV / EBITDA | 23.27● | 28.19 |
| FCF yield | 2.66%● | 2.19% |
Profitability
| Metric | CARR | FAST |
|---|---|---|
| Gross margin | 24.80% | 44.89%● |
| Operating margin | 7.24% | 20.25%● |
| Net margin | 5.99% | 15.39%● |
| ROE | 9.74% | 32.58%● |
| ROIC | 5.41% | 28.17%● |
Dividends
| Metric | CARR | FAST |
|---|---|---|
| Dividend yield | 1.26% | 1.99%● |
| Payout ratio | 53.45% | 83.64% |
Growth (annualized)
| Metric | CARR | FAST |
|---|---|---|
| Revenue CAGR (5Y) | 3.67% | 8.19%● |
| EPS CAGR (5Y) | -5.35% | 7.96%● |
| FCF CAGR (5Y) | 1.87% | 3.42%● |
| Total return CAGR (5Y) | 11.37% | 15.09%● |
Frequently asked
- Which is better, CARR or FAST?
- It depends on your goal. value: FAST (lower P/E); growth: FAST (faster 5Y revenue CAGR); income: FAST (higher dividend yield); quality: FAST (higher ROIC). Across all compared metrics, FAST leads 11 to 5.
- Is CARR or FAST cheaper?
- On trailing earnings, FAST is cheaper: CARR trades at a 48.09 P/E and FAST at 40.58.
- Which has grown faster, CARR or FAST?
- Over the past five years, FAST grew revenue faster — CARR at a 3.67% CAGR versus FAST at 8.19%.
- Does CARR or FAST pay a bigger dividend?
- CARR yields 1.26% and FAST yields 1.99% based on trailing dividends and the latest price.
- Is CARR or FAST more profitable?
- FAST runs the higher net margin — CARR at 5.99% versus FAST at 15.39%.
- Which has been the better investment, CARR or FAST?
- Over the past 5-year, FAST delivered the higher annualized total return — CARR at 11.37% versus FAST at 18.58%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carrier Global P/E ratioFastenal P/E ratioCarrier Global dividend yieldFastenal dividend yieldCarrier Global ROEFastenal ROECarrier Global operating marginFastenal operating marginCarrier Global revenue growthFastenal revenue growthCarrier Global free cash flowFastenal free cash flow
Carrier Global & Fastenal 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 25, 2026.