As of Aug 7, 2025, the CARR stock has a P/E ratio of 14.71. The calculation is based on the latest EPS of $4.51 and the stock price of $66.36 per share. The PE ratio currently is comparable to its last 4-quarter average.
The mean historical PE ratio of Carrier Global over the last six years is 18.39. The current 14.71 price-to-earnings ratio is 20% 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.
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 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
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 |
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 |
CARR's current PE ratio is under its 3 and 5-year averages.
CARR's PE ratio is below its peer stocks JCI and LII.
Stock name | PE ratio | Market cap |
---|---|---|
CARR Carrier Global Corp | 14.71 | $56.47B |
LII Lennox International Inc | 25.25 | $20.86B |
JCI Johnson Controls International plc | 30.86 | $68.26B |
CARR's price to earnings ratio is 14.71 as of Aug 7, 2025.
The average PE ratio for CARR stock over the past 3 years is 20.02.
The average PE ratio for CARR stock over the past 5 years is 19.06.
Over the last six years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 39.54.
CARR's current price to earnings ratio is 20% below its 6-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Aug 7, 2025), Carrier Global's share price is $66.36. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $4.51. Therefore, Carrier Global's price to earnings ratio for today is 14.71. PE RATIO(14.71) = STOCK PRICE($66.36) / TTM EPS($4.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.