CARR Carrier Global PE ratio, current and historical analysis
As of Feb 4, 2025, the CARR stock has a P/E ratio of 16.42. The calculation is based on the latest EPS of $3.89 and the stock price of $63.88 per share. A decrease of 42% has been observed in the PE ratio compared to its average of 28.1 of the past four quarters.
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CARR PE ratio history
The mean historical PE ratio of Carrier Global over the last five years is 19.34. The current 16.42 price-to-earnings ratio is 15% less than the historical average. Analyzing the last five 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: -65.17% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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 |
| Jun 2021 | 16.88 | 4.78% | $48.6 | $2.88 |
| Mar 2021 | 16.11 | -2.19% | $42.22 | $2.62 |
CARR average PE ratio chart
CARR's current PE ratio is under its 3-year average.
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 | 16.6 | $57.92B |
| LII Lennox International Inc | 27.63 | $20.84B |
| JCI Johnson Controls International plc | 33.98 | $56.93B |
Frequently asked questions
What is Carrier Global's PE ratio?
CARR's price to earnings ratio is 16.42 as of Feb 4, 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 20.82.
What is the highest PE ratio for CARR?
Over the last five 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 15% below its 5-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 (Feb 4, 2025), Carrier Global's share price is $63.88. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.89. Therefore, Carrier Global's price to earnings ratio for today is 16.42. PE RATIO(16.42) = STOCK PRICE($63.88) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.