Carrier Global Corporation (CARR) vs PACCAR Inc (PCAR)

PCAR leads on 15 of 16 compared metrics.

A side-by-side comparison of Carrier Global Corporation and PACCAR 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).

Compare

Total return — CARR vs PCAR

growth of $100 · last 6y
CARR +489.6%PCAR +223.2%CARR compounded faster
200400600Start $100202120222023202420252026$590$323
CARR PCAR

CARR vs PCAR: by the numbers

  • PCAR is the larger company ($61.59B vs $58.76B market cap).
  • PCAR trades at the lower earnings multiple (24.90 vs 45.94 P/E).
  • PCAR converts more revenue to profit (9.09% vs 5.99% net margin).
  • PCAR grew revenue faster over the past five years (7.01% vs 3.67% CAGR).
  • PCAR pays the higher dividend yield (2.34% vs 1.31%).

Which is better, CARR or PCAR?

Metric tally: CARR 1 · PCAR 15

It depends on what you're optimizing for:

ValuePCAR(lower P/E)
GrowthPCAR(faster 5Y revenue CAGR)
IncomePCAR(higher dividend yield)
QualityPCAR(higher ROIC)

Metrics side by side

Valuation

MetricCARRPCAR
P/E ratio45.9424.90
Forward P/E22.1120.63
P/S ratio2.732.27
P/B ratio4.433.12
PEG ratio1.98
EV / EBITDA22.3918.59
FCF yield2.78%5.30%

Profitability

MetricCARRPCAR
Gross margin24.80%15.11%
Operating margin7.24%9.68%
Net margin5.99%9.09%
ROE9.74%12.53%
ROIC5.41%6.39%

Dividends

MetricCARRPCAR
Dividend yield1.31%2.34%
Payout ratio53.45%60.62%

Growth (annualized)

MetricCARRPCAR
Revenue CAGR (5Y)3.67%7.01%
EPS CAGR (5Y)-5.35%12.58%
FCF CAGR (5Y)1.87%15.97%
Total return CAGR (5Y)10.41%16.91%

Frequently asked

Which is better, CARR or PCAR?
It depends on your goal. value: PCAR (lower P/E); growth: PCAR (faster 5Y revenue CAGR); income: PCAR (higher dividend yield); quality: PCAR (higher ROIC). Across all compared metrics, PCAR leads 15 to 1.
Is CARR or PCAR cheaper?
On trailing earnings, PCAR is cheaper: CARR trades at a 45.94 P/E and PCAR at 24.90.
Which has grown faster, CARR or PCAR?
Over the past five years, PCAR grew revenue faster — CARR at a 3.67% CAGR versus PCAR at 7.01%.
Does CARR or PCAR pay a bigger dividend?
CARR yields 1.31% and PCAR yields 2.34% based on trailing dividends and the latest price.
Is CARR or PCAR more profitable?
PCAR runs the higher net margin — CARR at 5.99% versus PCAR at 9.09%.
Which has been the better investment, CARR or PCAR?
Over the past 5-year, PCAR delivered the higher annualized total return — CARR at 10.41% versus PCAR at 15.36%. 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 June 24, 2026.