CARR Carrier Global PE ratio, current and historical analysis

As of Apr 17, 2025, the CARR stock has a P/E ratio of 9.6. The calculation is based on the latest EPS of $6.24 and the stock price of $59.9 per share. A decrease of 56% has been observed in the PE ratio compared to its average of 21.9 of the past four quarters.

CARR PE ratio history

How has CARR's PE ratio performed in the past

The mean historical PE ratio of Carrier Global over the last six years is 18.92. The current 9.6 price-to-earnings ratio is 49% 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.

Today
9.29
Average
18.92
Median
16.49
Minimum
8.25
Maximum
39.54

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
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
Jun 2021 16.88 4.78% $48.6 $2.88

CARR average PE ratio chart

What is the average PE ratio of CARR for the past years

CARR's current PE ratio is under its 3 and 5-year averages.

3-year avg
20.47
5-year avg
19.48
10-year avg
N/A
15-year avg
N/A

CARR PE vs peers

What is CARR's PE ratio compared to its peers

CARR's PE ratio is below its peer stocks JCI and LII.

Stock name PE ratio Market cap
CARR Carrier Global Corp 9.29 $50.36B
LII Lennox International Inc 23.97 $19.33B
JCI Johnson Controls International plc 28.45 $49.24B

Frequently asked questions

What is Carrier Global's PE ratio?

CARR's price to earnings ratio is 9.6 as of Apr 17, 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 20.47.

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 19.48.

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 49% below its 6-year historical average.

Why is Carrier Global's PE ratio so low?

CARR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

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 (Apr 17, 2025), Carrier Global's share price is $59.9. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $6.24. Therefore, Carrier Global's price to earnings ratio for today is 9.6. PE RATIO(9.6) = STOCK PRICE($59.9) / TTM EPS($6.24)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.