CARR Carrier Global PE ratio, current and historical analysis
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- Industrials
- NYSE: CARR
- PE Ratio
As of Jun 30, 2025, the CARR stock has a P/E ratio of 11.42. The calculation is based on the latest EPS of $6.41 and the stock price of $73.19 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 14.5 of the past four quarters.
CARR PE ratio history
The mean historical PE ratio of Carrier Global over the last six years is 18.49. The current 11.42 price-to-earnings ratio is 38% less than the historical average. Analyzing the last six years, CARR's PE ratio reached its highest point in the Mar 2024 quarter at 39.54, with a price of $58.13 and an EPS of $1.47. The Mar 2020 quarter saw the lowest point at 8.25, with a price of $17.25 and an EPS of $2.09.
Carrier Global PE ratio by year
Maximum annual increase: 262.6% in 2023
Maximum annual decrease: -69.34% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.94 | -69.34% | $68.26 | $6.24 |
| 2023 | 35.68 | 262.6% | $57.45 | $1.61 |
| 2022 | 9.84 | -65.17% | $41.25 | $4.19 |
| 2021 | 28.25 | 71.52% | $54.24 | $1.92 |
| 2020 | 16.47 | N/A | $37.72 | $2.29 |
| 2019 | N/A | N/A | N/A | $2.44 |
| 2018 | N/A | N/A | N/A | $3.16 |
| 2017 | N/A | N/A | N/A | N/A |
Carrier Global PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 9.89 | -9.6% | $63.4 | $6.41 |
| Dec 2024 | 10.94 | -47.12% | $68.26 | $6.24 |
| Sep 2024 | 20.69 | 25.32% | $80.49 | $3.89 |
| Jun 2024 | 16.51 | -58.24% | $63.08 | $3.82 |
| Mar 2024 | 39.54 | 10.82% | $58.13 | $1.47 |
| Dec 2023 | 35.68 | -6.28% | $57.45 | $1.61 |
| Sep 2023 | 38.07 | 97.56% | $55.2 | $1.45 |
| Jun 2023 | 19.27 | 27.19% | $49.71 | $2.58 |
| Mar 2023 | 15.15 | 53.96% | $45.75 | $3.02 |
| Dec 2022 | 9.84 | 17.28% | $41.25 | $4.19 |
| Sep 2022 | 8.39 | -24.21% | $35.56 | $4.24 |
| Jun 2022 | 11.07 | -25.2% | $35.66 | $3.22 |
| Mar 2022 | 14.8 | -47.61% | $45.87 | $3.1 |
| Dec 2021 | 28.25 | 39.71% | $54.24 | $1.92 |
| Sep 2021 | 20.22 | 19.79% | $51.76 | $2.56 |
CARR Price vs fair value
CARR average PE ratio chart
CARR's current PE ratio is under its 3 and 5-year averages.
CARR PE vs peers
CARR's PE ratio is below its peer stocks JCI and LII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CARR Carrier Global Corp | 11.42 | $62.75B |
| LII Lennox International Inc | 25.4 | $20.34B |
| JCI Johnson Controls International plc | 28.09 | $69.5B |
Frequently asked questions
What is Carrier Global's PE ratio?
CARR's price to earnings ratio is 11.42 as of Jun 30, 2025.
What is the 3-year average PE ratio for Carrier Global (CARR)?
The average PE ratio for CARR stock over the past 3 years is 20.36.
What is the 5-year average PE ratio for Carrier Global (CARR)?
The average PE ratio for CARR stock over the past 5 years is 19.21.
What is the highest PE ratio for CARR?
Over the last six years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 39.54.
How does the current PE ratio for CARR compare to its historical average?
CARR's current price to earnings ratio is 38% below its 6-year historical average.
How is CARR's PE ratio calculated (Carrier Global PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 30, 2025), Carrier Global's share price is $73.19. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $6.41. Therefore, Carrier Global's price to earnings ratio for today is 11.42. PE RATIO(11.42) = STOCK PRICE($73.19) / TTM EPS($6.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.