Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.25 as of Saturday, August 8, 2026.
Forward PE Ratio (22.25) = Close Price ($64.01) / Consensus Forward EPS ($2.88)
FORWARD PE RATIO
22.25
SECTOR MEDIAN · INDUSTRIALS
25.05
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
-11.18%
vs the sector median at left
Carrier Global Corporation
Market Cap
$52.77B
Forward PE Ratio
22.25
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Carrier Global Corporation (CARR) | $52.77B | 22.25 |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 26.93 |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 19.97 |
| HEICO Corporation (HEI-A)vs › | $51.29B | 43.70 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.29B | 26.92 |
| Rockwell Automation, Inc. (ROK)vs › | $49.08B | 33.45 |
| Ferrovial SE (FER)vs › | $48.24B | 66.43 |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.95B | N/A |
| AMETEK, Inc. (AME)vs › | $58.14B | 30.55 |
| Fastenal Company (FAST)vs › | $59.49B | 41.06 |
Trailing P/E
44.5
reported TTM EPS
Forward P/E
22.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.88 implies +100.0% EPS growth vs the reported trailing $1.44.
At today's $64.01 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.88 | $2.72 – $2.94 | 13 | 22.3x |
| 2027-12-31 | $3.29 | $3.03 – $3.52 | 13 | 19.5x |
| 2028-12-31 | $3.72 | $3.07 – $4.35 | 6 | 17.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
