CARR Carrier Global PE ratio, current and historical analysis
As of Nov 21, 2024, the CARR stock has a P/E ratio of 19.54. The calculation is based on the latest EPS of $3.89 and the stock price of $76.01 per share. A decrease of 30% has been observed in the PE ratio compared to its average of 28.1 of the past four quarters.
CARR PE ratio history
The mean historical PE ratio of Carrier Global over the last five years is 19.34. The current 19.54 price-to-earnings ratio is in line with 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 | Change |
|---|---|---|
| 2023 | 35.68 | 262.6% |
| 2022 | 9.84 | -65.17% |
| 2021 | 28.25 | 71.52% |
| 2020 | 16.47 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
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 | 19.54 | $68.2B |
| LII Lennox International Inc | 30.73 | $23.18B |
| JCI Johnson Controls International plc | 33.2 | $55.62B |
Frequently asked questions
What is Carrier Global's PE ratio?
CARR's price to earnings ratio is 19.54 as of Nov 21, 2024.
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 21.44.
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 1% above 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 (Nov 21, 2024), Carrier Global's share price is $76.01. 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 19.54. PE RATIO(19.54) = STOCK PRICE($76.01) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.