CARR
Carrier Global
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: CARR
- PE Ratio
As of Jul 31, 2026, the CARR stock has a P/E ratio of 42.05. The calculation is based on the latest EPS of $1.47 and the stock price of $61.81 per share. An increase of 30% has been observed in the PE ratio compared to its average of 32.5 of the past four quarters.
CARR PE ratio history
The mean historical PE ratio of Carrier Global over the last seven years is 20.55. The current 42.05 price-to-earnings ratio is 105% more than the historical average. Analyzing the last seven years, CARR's PE ratio reached its highest point in the Jun 2026 quarter at 49.9, with a price of $73.35 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 |
|---|---|---|---|---|
| 2025 | 30.37 | 177.61% | $52.84 | $1.74 |
| 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 |
|---|---|---|---|---|
| Jun 2026 | 49.9 | 37.35% | $73.35 | $1.47 |
| Mar 2026 | 36.33 | 19.62% | $56.31 | $1.55 |
| Dec 2025 | 30.37 | 129.38% | $52.84 | $1.74 |
| Sep 2025 | 13.24 | -18.42% | $59.7 | $4.51 |
| Jun 2025 | 16.23 | 64.11% | $73.19 | $4.51 |
| 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 |
CARR Price vs fair value
CARR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
CARR's current PE ratio is higher than the 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 42.05, CARR stands higher than the Industrials sector and the industry average. Looking at the Industrials sector average of 28.25, Carrier Global's price to earnings (P/E) is 49% higher.
CARR PE vs peers
CARR's PE ratio is above its peer stocks JCI and LII.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LII Lennox International Inc | 18.25 | $14.37B |
| JCI Johnson Controls International plc | 25.68 | $88.84B |
| CARR Carrier Global Corp | 42.05 | $50.95B |
Frequently asked questions
What is Carrier Global's PE ratio?
CARR's price to earnings ratio is 42.05 as of Jul 31, 2026.
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 26.45.
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 22.22.
What is the highest PE ratio for CARR?
Over the last seven years, the Jun 2026 quarter recorded the highest quarterly PE ratio at 49.9.
How does the current PE ratio for CARR compare to its historical average?
CARR's current price to earnings ratio is 105% above its 7-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 (Jul 31, 2026), Carrier Global's share price is $61.81. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.47. Therefore, Carrier Global's price to earnings ratio for today is 42.05. PE RATIO(42.05) = STOCK PRICE($61.81) / TTM EPS($1.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.