Carrier Global Corporation (CARR) vs HEICO Corporation (HEI)

A side-by-side comparison of Carrier Global Corporation and HEICO Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCARR vs HEI

growth of $100 · dividends reinvested · last 6y
CARR +435.0% (+32.3%/yr)HEI +432.6% (+32.1%/yr)CARR compounded faster over this window
200400600Start $100202120222023202420252026$535$533
CARR HEI

CARR vs HEI: by the numbers

  • CARR is the larger company ($48.50B vs $46.95B market cap).
  • CARR trades at the lower trailing earnings multiple (40.79 vs 56.17 P/E), one valuation lens rather than an overall verdict.
  • HEI converts more revenue to profit (16.38% vs 5.52% net margin).
  • HEI grew revenue faster over the past five years (23.77% vs 2.30% CAGR).
  • CARR pays the higher dividend yield (1.61% vs 0.07%).

Metrics side by side

Valuation

MetricCARRHEI
P/E ratio40.7956.17
Forward P/E20.2955.11
P/S ratio2.239.20
P/B ratio3.759.47
EV / EBITDA21.2434.13
FCF yield3.86%2.16%

Profitability

MetricCARRHEI
Gross margin24.34%40.40%
Operating margin7.05%24.04%
Net margin5.52%16.38%
ROE9.28%16.87%
ROIC5.03%11.37%

Dividends

MetricCARRHEI
Dividend yield1.61%0.07%
Payout ratio54.31%5.03%

Growth (annualized)

MetricCARRHEI
Revenue CAGR (5Y)2.30%23.77%
EPS CAGR (5Y)-5.35%16.36%
FCF CAGR (5Y)4.42%20.32%
Total return CAGR (5Y)1.98%21.51%

Frequently asked

Which has the lower trailing P/E, CARR or HEI?
CARR has the lower trailing P/E: CARR trades at 40.79 and HEI at 56.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CARR or HEI?
Over the past five years, HEI grew revenue faster — CARR at a 2.30% CAGR versus HEI at 23.77%.
Does CARR or HEI pay a bigger dividend?
CARR yields 1.61% and HEI yields 0.07% based on trailing dividends and the latest price.
Is CARR or HEI more profitable?
HEI runs the higher net margin — CARR at 5.52% versus HEI at 16.38%.
How have CARR and HEI total returns compared?
Over the past 5 years, CARR delivered 1.98% and HEI delivered 25.45% 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 27, 2026.