CARR
Carrier Global
$71.85
▲ 0.1%Updated Today 7:15 PM ET
▲ Up 2.8% over the last 12 months
Market Cap
$59.64B
P/E
45.52x
Forward P/E (est.)
65.02x
ROE
9.3%
Revenue Growth
-5.1%
EPS Growth
-76.1%
Profit Margin
6.0%
FCF Yield
3.0%
Debt / Equity
0.86x
ROIC
13.0%
Interest Coverage
—
Current Ratio
1.05x
Dividend Yield
1.3%
Implied Growth (rev. DCF)
5.3%
Rating Score
23/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CARR's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CARR trades near $71.85, above its 50-day average ($64.88) and 200-day average ($59.63). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 66 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. CARR's is $2.66 (~3.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month CARR found buyers near $61.12 (support) and sellers near $72.65 (resistance); its 52-week range is $50.24–$81.09. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.8× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Carrier Global (CARR) is a large-cap company in the Building Products industry, part of the Industrials sector of the S&P 500, with a market value around $59.64B.
In its latest reported year it generated about $21.75B in revenue and $1.48B in net profit.
Our model rates CARR Weak (23/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
1.3%
Revenue moved from $20.61B in 2021 to $21.75B in 2025, a 1.3% compound annual growth rate. The most recent year declined 5.1% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
25.2%
Operating Margin
10.0%
Net Margin
6.8%
ROE
9.3%
Carrier Global keeps about 6.0% of each sales dollar as net profit, with a 25.2% gross margin and 10.0% operating margin. Return on equity is 9.3% and return on invested capital about 13.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$10.23B
Net Debt
$8.86B
Net Debt / EBITDA
4.08x
Debt / Equity
0.86x
Leverage: debt-to-equity is 0.9x, with a current ratio of 1.1x. That is a moderate, manageable debt load for most businesses. It carries roughly $10.23B of total debt against $1.37B of cash.
Operating CF
$2.51B
Free Cash Flow
$2.12B
FCF Margin
9.8%
In the latest year Carrier Global produced about $2.51B of operating cash flow and $2.12B of free cash flow after capital spending. That is a free-cash-flow yield of about 3.0% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
45.52x
P/S
2.72x
P/B
3.25x
EV / EBITDA
19.72x
CARR trades at 45.5x trailing earnings (about 65.0x on estimated forward earnings), 2.7x sales, and 3.3x book value. Reverse-engineering today's price implies the market expects roughly 5.3% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How CARR stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), CARR ranks #78 of 80 by our overall rating. It trades at a premium versus the sector on earnings (45.5x P/E vs. 30x median) with a lower return on equity (9.3% vs. 24.7%) and slower revenue growth (-5.1% vs. 5.0%).
P/E vs sector
45.5x
median 30x
ROE vs sector
9.3%
median 24.7%
Growth vs sector
-5.1%
median 5.0%
Sector rank
#78
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$59.49 – $97.74
vs. $71.85 today · expected CAGR -4% – 6%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $22.40B | $23.07B | $23.76B | $24.48B | $25.21B |
| Net income | $1.57B | $1.61B | $1.66B | $1.71B | $1.76B |
| EPS | $1.89 | $1.94 | $2.00 | $2.06 | $2.12 |
| Share price (low) | $52.86 | $54.44 | $56.08 | $57.76 | $59.49 |
| Share price (high) | $86.84 | $89.44 | $92.13 | $94.89 | $97.74 |
| CAGR (low–high) | -26% / 21% | -13% / 12% | -8% / 9% | -5% / 7% | -4% / 6% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for CARR:
- As an established S&P 500 member in Industrials, it brings scale and a long operating history.
The case against CARR:
- Revenue growth is slow/negative (-5.1%), limiting the upside engine.
- A rich 45.5x earnings multiple prices in a lot of growth.
- Our model's overall read is Weak (23/100).
Valuation risk — at 45.5x earnings, disappointing results could compress the multiple.
Growth risk — sluggish revenue (-5.1%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Carrier Global is a large-cap industrials business with shrinking revenue, with modest profitability, and a heavier debt load to watch. It trades at 45.5x earnings, which our model scores Weak (23/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.