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Carrier Global Corporation (CARR)
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Carrier Global Corporation (CARR) PE Ratio: 45.94

Is Carrier Global Corporation’s P/E ratio high or low?

Carrier Global Corporation's P/E ratio of 45.94 is 116% above its 5-year average of 21.31, near the high end of its 5-year range (9.03–48.87).

As of Wednesday, June 24, 2026. 104.35% above its 12-month average of 22.48.

PE Ratio (45.94) = Close Price ($70.75) / Diluted TTM EPS ($1.54)

CARR PE Ratio

CARR PE Ratio Chart

45.94
+305.11% 1Y
CARR PE Ratio

CARR Average PE Ratio Chart

CARR PE Ratio

CARR Current vs Average PE Ratio Chart

CARR PE Ratio Metrics

PE RATIO

45.94

PE RATIO AVG TTM

22.48

PE RATIO AVG 3Y

25.00

PE RATIO AVG 5Y

19.28

PE RATIO AVG 10Y

N/A

PE RATIO AVG 15Y

N/A

PE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+104.35%

CURRENT VS 3Y AVG

+83.78%

CURRENT VS 5Y AVG

+138.30%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

CARR Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Carrier Global Corporation (CARR)$58.76B45.9422.4825.0019.28
Delta Air Lines, Inc. (DAL)vs ›$56.97B12.669.228.3339.09
PACCAR Inc (PCAR)vs ›$61.46B24.8521.2215.2215.29
Rocket Lab USA, Inc. (RKLB)vs ›$55.06BN/AN/AN/AN/A
L3Harris Technologies, Inc. (LHX)vs ›$54.73B31.9034.2133.9732.85
AMETEK, Inc. (AME)vs ›$53.65B35.3632.4930.7830.64
Fastenal Company (FAST)vs ›$52.35B40.0041.6537.0134.80
Rockwell Automation, Inc. (ROK)vs ›$50.78B47.4445.5434.5033.30
Cintas Corporation (CTAS)vs ›$67.54B35.6142.5345.2641.94
Norfolk Southern Corporation (NSC)vs ›$68.50B25.5621.9824.1822.69

P/E vs. its own history

At 45.9, P/E is richer than usual, sitting higher than 98% of its 6-year history.

6-year low

4.7

median

18.6

6-year high

48.9

cheaperricher

P/E Comparison

Trailing P/E

45.9

Forward P/E

22.1

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$70.75

÷

Forward EPS (Est.)

$3.20

=

Forward P/E

22.11

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Carrier Global Corporation PE Ratio Formula & Definition

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

Carrier Global Corporation PE Ratio FAQ

What is the P/E ratio for Carrier Global Corporation (CARR)?
The P/E ratio for CARR stock is 45.94.
Is Carrier Global Corporation's P/E ratio high or low?
Carrier Global Corporation's P/E ratio of 45.94 is 116% above its 5-year average of 21.31, near the high end of its 5-year range (9.03–48.87).
What is the TTM average P/E ratio for Carrier Global Corporation (CARR)?
The TTM average P/E ratio for CARR stock is 22.48.
What is the 3Y average P/E ratio for Carrier Global Corporation (CARR)?
The 3Y average P/E ratio for CARR stock is 25.00.
What is the 5Y average P/E ratio for Carrier Global Corporation (CARR)?
The 5Y average P/E ratio for CARR stock is 19.28.

Carrier Global Corporation PE Ratio History

DATEPE RATIO
2026-06-2345.94
2026-06-2246.66
2026-06-1846.63
2026-06-1745.12
2026-06-1646.20
2026-06-1546.19
2026-06-1245.40
2026-06-1145.29
2026-06-1044.14
2026-06-0946.26
2026-06-0843.73
2026-06-0543.61
2026-06-0444.51
2026-06-0343.88
2026-06-0243.13
2026-06-0142.28
2026-05-2941.47
2026-05-2841.44
2026-05-2741.89
2026-05-2642.14
2026-05-2241.00
2026-05-2140.38
2026-05-2041.29
2026-05-1939.90
2026-05-1841.89
2026-05-1541.99
2026-05-1443.33
2026-05-1342.58
2026-05-1242.57
2026-05-1142.78
2026-05-0843.40
2026-05-0743.65
2026-05-0644.09
2026-05-0541.68
2026-05-0442.79
2026-05-0143.91
2026-04-3043.62
2026-04-2935.69
2026-04-2835.84
2026-04-2735.79
2026-04-2435.24
2026-04-2335.57
2026-04-2235.06
2026-04-2135.67
2026-04-2035.64
2026-04-1735.45
2026-04-1634.51
2026-04-1533.84
2026-04-1437.38
2026-04-1337.18
2026-04-1036.61
2026-04-0935.53
2026-04-0833.69
2026-04-0732.05
2026-04-0632.13
2026-04-0232.20
2026-04-0132.89
2026-03-3132.55
2026-03-3031.42
2026-03-2731.36
2026-03-2631.60
2026-03-2534.25
2026-03-2433.86
2026-03-2333.70
2026-03-2033.57
2026-03-1934.09
2026-03-1833.30
2026-03-1732.94
2026-03-1632.28
2026-03-1332.17
2026-03-1232.65
2026-03-1133.92
2026-03-1033.77
2026-03-0933.94
2026-03-0633.73
2026-03-0534.91
2026-03-0435.31
2026-03-0335.36
2026-03-0236.90
2026-02-2737.23
2026-02-2636.28
2026-02-2535.55
2026-02-2436.72
2026-02-2336.68
2026-02-2037.08
2026-02-1936.37
2026-02-1837.18
2026-02-1738.40
2026-02-1337.80
2026-02-1237.51
2026-02-1138.79
2026-02-1038.05
2026-02-0937.76
2026-02-0636.95
2026-02-0536.47
2026-02-0414.15
2026-02-0313.63
2026-02-0213.44
2026-01-3013.27
2026-01-2913.32
2026-01-2812.90
2026-01-2712.71
2026-01-2612.78
2026-01-2312.76
2026-01-2212.79
2026-01-2112.86
2026-01-2012.30
2026-01-1612.51
2026-01-1512.37
2026-01-1412.38
2026-01-1312.30
2026-01-1212.33
2026-01-0912.53
2026-01-0812.00
2026-01-0711.71
2026-01-0611.92
2026-01-0511.98
2026-01-0211.92
2025-12-3111.77
2025-12-3011.90
2025-12-2911.94
2025-12-2611.94
2025-12-2411.92
2025-12-2311.88
2025-12-2211.85
2025-12-1911.98
2025-12-1811.85
2025-12-1711.67
2025-12-1611.90
2025-12-1511.71
2025-12-1211.79
2025-12-1112.06
2025-12-1011.89
2025-12-0911.77
2025-12-0811.81
2025-12-0512.09
2025-12-0412.14
2025-12-0312.16
2025-12-0211.99
2025-12-0112.08
2025-11-2812.22
2025-11-2612.11
2025-11-2512.02
2025-11-2411.53
2025-11-2111.67
2025-11-2011.22
2025-11-1911.41
2025-11-1811.58
2025-11-1711.83
2025-11-1412.05
2025-11-1312.29
2025-11-1212.47
2025-11-1112.69
2025-11-1012.77
2025-11-0712.81
2025-11-0612.60
2025-11-0512.66
2025-11-0412.82
2025-11-0312.89
2025-10-3113.25
2025-10-3013.11
2025-10-2913.53
2025-10-2813.08
2025-10-2713.01
2025-10-2412.91
2025-10-2312.75
2025-10-2212.67
2025-10-2113.35
2025-10-2012.87
2025-10-1712.54
2025-10-1612.67
2025-10-1512.77
2025-10-1412.83
2025-10-1312.69
2025-10-1012.65
2025-10-0912.97
2025-10-0813.35
2025-10-0713.21
2025-10-0613.35
2025-10-0313.31
2025-10-0213.15
2025-10-0113.27
2025-09-3013.33
2025-09-2913.20
2025-09-2613.13
2025-09-2513.11
2025-09-2413.17
2025-09-2313.33
2025-09-2213.46
2025-09-1913.48
2025-09-1813.64
2025-09-1713.55
2025-09-1613.60
2025-09-1513.67
2025-09-1213.77
2025-09-1113.91
2025-09-1013.95
2025-09-0914.17
2025-09-0814.65
2025-09-0514.62
2025-09-0414.18
2025-09-0313.94
2025-09-0214.17
2025-08-2914.55
2025-08-2814.77
2025-08-2715.09
2025-08-2614.84
2025-08-2514.73
2025-08-2215.12
2025-08-2114.51
2025-08-2014.92
2025-08-1914.95
2025-08-1814.84
2025-08-1514.60
2025-08-1414.68
2025-08-1314.97
2025-08-1214.67
2025-08-1114.48
2025-08-0814.74
2025-08-0714.81
2025-08-0614.76
2025-08-0514.82
2025-08-0414.85
2025-08-0114.94
2025-07-3115.32
2025-07-3015.22
2025-07-2916.00
2025-07-2812.67
2025-07-2512.75
2025-07-2412.55
2025-07-2312.58
2025-07-2212.07
2025-07-2112.00
2025-07-1812.11
2025-07-1712.15
2025-07-1611.92
2025-07-1511.91
2025-07-1412.10
2025-07-1112.10
2025-07-1012.13
2025-07-0911.99
2025-07-0811.83
2025-07-0711.79
2025-07-0311.95
2025-07-0211.89
2025-07-0111.74
2025-06-3011.56
2025-06-2711.64
2025-06-2611.47
2025-06-2511.44
2025-06-2411.45
2025-06-2311.34
2025-06-2011.13
2025-06-1811.04
2025-06-1711.02
2025-06-1611.22
2025-06-1311.25
2025-06-1211.45
2025-06-1111.45
2025-06-1011.33

Showing the most recent 260 of 1,573 data points. The chart above shows the full history.

About Carrier Global Corporation

Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.

Palm Beach Gardens, FL
48,000 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
David L. Gitlin