EVOH vs CARR vs AOS Stock Comparison

EvoAir Holdings, Carrier Global and Smith A O Prices as of Oct 26, 2026 Peers: Industry group
EVOH EvoAir Holdings Inc.
$23.00 0.0% 1M 0.0% 1Y
Market cap
$625.15M
P/E
–
Revenue (TTM)
$319.05K
Div. yield
–
HVAC Industrials
5 wins
CARR CARRIER GLOBAL Corp
$57.83 +2.6% 1M -0.8% 1Y
Market cap
$47.67B
P/E
39.3x
Revenue (TTM)
$22.11B
Div. yield
1.63%
HVAC Industrials
1 win
AOS Smith A O Corp
$62.08 +5.8% 1M -9.5% 1Y
Market cap
$8.44B
P/E
17.0x
Revenue (TTM)
$3.80B
Div. yield
2.32%
HVAC Industrials
6 wins

Head to Head

12 decided of 12

Smith A O leads on 6 of the 12 questions below (Smith A O 6, EvoAir Holdings 5, Carrier Global 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEVOHCARRAOSLeader
Larger companyMarket capitalisation $625.15M $47.67B $8.44B CARR
Cheaper on earningsLower P/E, profitable companies only -152.7x 39.3x 17.0x AOS
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 19.6x 17.2x AOS
Faster revenue growthRevenue growth, trailing twelve months +12.1% -1.6% +0.4% EVOH
More profitableNet margin, trailing twelve months -1,283.3% 5.5% 13.1% AOS
Better return on capitalReturn on invested capital — 6.5% 20.9% AOS
Less leveragedLower net debt / EBITDA -0.2x 3.5x 0.6x EVOH
Higher dividend yieldTrailing dividend yield — 1.63% 2.32% AOS
Better 1-year returnPrice return, last 12 months 0.0% -0.8% -9.5% EVOH
Better 5-year returnAnnualised price return, 5 years +18.1%/yr +1.2%/yr -2.6%/yr EVOH
Less volatileAnnualised volatility, 1 year 0.0% 35.5% 27.4% EVOH
Higher overall scoreMean of the five percentile scores vs peers 33/100 36/100 64/100 AOS

Percentile Scorecard

EVOHCARRAOS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEVOHCARRAOS
Valuation 2 #55 of 56 26 #42 of 56 66 #20 of 56
Growth 61 #21 of 52 31 #36 of 52 39 #32 of 52
Profitability 2 #48 of 49 46 #27 of 49 100 #1 of 49
Financial Health 69 #18 of 56 20 #45 of 56 71 #17 of 56
Shareholder Returns – 58 #18 of 41 43 #24 of 41
Overall 33 36 64
  • EVOH ranked among 60 companies in Construction Products
  • CARR ranked among 60 companies in Construction Products
  • AOS ranked among 60 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEVOHCARRAOSSPY
1 month 0.0%+2.6%+5.8% -0.2%
3 months 0.0%-8.4%-3.0% +3.9%
6 months 0.0%-6.7%-2.9% +8.2%
Year to date 0.0%+9.4%-7.2% +12.9%
1 year 0.0%-0.8%-9.5% +12.3%
3 years +4.4%+24.4%-8.5% +87.4%
3 years, per year +1.4%+7.5%-2.9% +23.3%
5 years +130.0%+6.3%-12.2% +67.9%
5 years, per year +18.1%+1.2%-2.6% +10.9%
10 years ——+38.3% +261.1%
10 years, per year ——+3.3% +13.7%

Risk

MeasureEVOHCARRAOSSPY
Volatility, 1Y 0.0%35.5%27.4% 12.7%
Downside volatility, 1Y —36.6%26.5% 12.7%
Beta vs S&P 500, 1Y 0.001.260.71 1.00
Return / volatility, 1Y —-0.02-0.35 0.97
Max drawdown, 5Y -66.4%-40.4%-43.4% -25.4%
From 52-week high 0.0%-23.9%-22.9% -1.2%
52-week high $23.00$76.00$80.47 $779.14
52-week low $23.00$50.36$55.34 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEVOHCARRAOS
P/E now vs peer median -152.7xmedian 20.1x 39.3xmedian 20.1x 17.0xmedian 20.1x
P/S now vs peer median 1,959xmedian 1.5x 2.2xmedian 1.5x 2.2xmedian 1.5x
EV/EBITDA now vs peer median -393.6xmedian 11.8x 19.4xmedian 11.8x 11.7xmedian 11.8x
P/FCF now vs peer median -439.7xmedian 16.2x 24.7xmedian 16.2x 13.2xmedian 16.2x
P/B now vs peer median 15.9xmedian 2.9x 3.5xmedian 2.9x 4.6xmedian 2.9x
PEG now vs peer median 4.20median 0.99 -2.34median 0.99 0.65median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEVOHCARRAOS
Revenue $319.05K $22.11B $3.80B
Gross profit $21.53K $6.37B $1.47B
Operating income -$4.21M $1.72B $668.70M
Net income -$4.35M $1.32B $500.30M
Free cash flow -$1.42M $1.93B $639.40M
R&D – $602.00M –
EPS (diluted) $-0.15 $1.46 $3.63
Cash & equivalents $277.55K $1.34B $181.30M
Total debt – $11.95B $637.50M
Shares (diluted) 27.18M 836.50M 137.86M
Enterprise value $623.46M $42.30B $7.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEVOHCARRAOS
P/E -152.7x 39.3x 17.0x
P/FCF -439.7x 24.7x 13.2x
P/Operating cash flow -459.7x 20.0x 12.2x
P/S 1,959x 2.2x 2.2x
P/B 15.9x 3.5x 4.6x
P/Tangible book 3,093x 6.2x 6.7x
EV/EBITDA -393.6x 19.4x 11.7x
EV/EBIT -148.6x 33.8x 13.3x
EV/Revenue 1,960x 2.6x 2.3x
EV/FCF -439.9x 30.2x 13.9x
EV/Operating cash flow -459.9x 24.4x 12.8x
PEG (3Y EPS CAGR) 4.20 -2.34 0.65

Growth

14 metrics
MetricEVOHCARRAOS
Revenue growth (1Y) 12.1% -1.6% 0.4%
Revenue CAGR (3Y) -6.3% 8.9% 0.6%
Gross profit growth (1Y) 208.9% 4.7% 1.4%
Gross profit CAGR (3Y) 37.4% 26.8% 1.3%
Operating income growth (1Y) 71.8% -43.8% -5.2%
Operating income CAGR (3Y) 11.8% -12.1% -2.5%
Net income growth (1Y) 70.9% -67.9% -3.5%
Net income CAGR (3Y) 11.7% -16.0% 22.3%
EPS growth (1Y) 72.4% -68.4% -0.3%
EPS CAGR (3Y) -36.4% -16.8% 26.2%
Operating cash flow growth (1Y) -22.6% 19.2% 16.1%
Operating cash flow CAGR (3Y) 6.7% -0.4% 5.0%
Free cash flow growth (1Y) -26.9% 24.4% 29.3%
Free cash flow CAGR (3Y) 5.6% -2.5% 6.2%

Profitability

14 metrics
MetricEVOHCARRAOS
Gross margin 6.7% 28.8% 38.6%
EBITDA margin -498.1% 13.6% 20.0%
Operating margin -1,319% 7.8% 17.6%
Pretax margin -1,364% 6.0% 17.0%
Net margin -1,283% 5.5% 13.1%
FCF margin -445.6% 8.7% 16.8%
Operating cash flow margin -426.2% 10.8% 18.2%
Return on equity -11.1% 9.7% 26.9%
Return on assets -10.0% 3.5% 13.7%
Return on invested capital – 6.5% 20.9%
Return on capital employed -11.0% 6.1% 24.1%
Asset turnover 0.0x 0.6x 1.0x
Cash conversion (OCF / net income) 0.3x 1.8x 1.4x
Stock comp / revenue – – 0.4%

Financial Health

11 metrics
MetricEVOHCARRAOS
Debt / assets 1.3% 32.0% 17.5%
Debt / equity 0.0x 0.9x 0.3x
Net debt / EBITDA -0.2x 3.5x 0.6x
Debt / FCF -0.4x 6.2x 1.0x
Liabilities / assets 9.3% 64.0% 49.5%
Equity / assets 90.7% 36.0% 50.5%
Interest coverage – – 31.5x
Current ratio 0.1x 1.0x 1.6x
Quick ratio 0.1x 0.5x 1.0x
Cash ratio 0.1x 0.1x 0.2x
Altman Z-score 90.81 2.42 6.20

Shareholder Returns

7 metrics
MetricEVOHCARRAOS
Dividend yield – 1.6% 2.3%
Net buyback yield – 4.2% 3.7%
Shareholder yield – 5.8% 6.0%
Payout ratio (earnings) – 59.1% 39.6%
Payout ratio (FCF) – 40.6% 31.0%
Dividend growth (1Y) – 7.1% 2.2%
Dividend CAGR (3Y) – 11.7% 3.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEVOHCARRAOS
Forward P/E – 19.6xFY2026 17.2xFY2026
EPS, next fiscal year – $2.95FY2026 $3.60FY2026
EPS growth, next FY – +13.9%FY2026 -6.5%FY2026
EPS growth, the year after – +9.2% +15.0%
Revenue, next fiscal year – $22.69BFY2026 $3.73BFY2026
Revenue growth, next FY – +4.3%FY2026 -2.6%FY2026
Revenue growth, the year after – +5.0% +3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEVOHCARRAOS
Held by institutions – 87.4% 91.9%
Institutions holding – 1,628 614
Change in shares held, QoQ – +1.0% +7.1%
Institutions buying – 805 315
Institutions selling – 544 226
Buyers to sellers – 1.48 1.39

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EVOHCARRAOS
EVOH – – –
CARR – 1.00 0.49
AOS – 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EVOH, CARR and AOS?

Carrier Global (CARR) is the largest by market capitalisation: EvoAir Holdings (EVOH) $625.15M, Carrier Global (CARR) $47.67B, Smith A O (AOS) $8.44B.

Which stock is cheaper, EVOH, CARR and AOS?

Smith A O (AOS) trades on the lowest price-to-earnings ratio (EvoAir Holdings (EVOH) -152.7x, Carrier Global (CARR) 39.3x, Smith A O (AOS) 17.0x). On next year's consensus earnings, Smith A O (AOS) is cheapest (Carrier Global (CARR) 19.6x, Smith A O (AOS) 17.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

EvoAir Holdings (EVOH) grew revenue fastest over the trailing twelve months: EvoAir Holdings (EVOH) +12.1%, Carrier Global (CARR) -1.6%, Smith A O (AOS) +0.4%.

Which company is more profitable?

Smith A O (AOS) has the highest net margin (EvoAir Holdings (EVOH) -1,283.3%, Carrier Global (CARR) 5.5%, Smith A O (AOS) 13.1%). On return on invested capital, Smith A O (AOS) leads (Carrier Global (CARR) 6.5%, Smith A O (AOS) 20.9%).

Which stock has performed better?

Over the past year EvoAir Holdings (EVOH) returned the most: EvoAir Holdings (EVOH) 0.0%, Carrier Global (CARR) -0.8%, Smith A O (AOS) -9.5%. Over five years, EvoAir Holdings (EVOH) compounded fastest (EvoAir Holdings (EVOH) +18.1%/yr, Carrier Global (CARR) +1.2%/yr, Smith A O (AOS) -2.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Smith A O (AOS) has the highest dividend yield: Carrier Global (CARR) 1.63%, Smith A O (AOS) 2.32%. EvoAir Holdings (EVOH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, EvoAir Holdings (EVOH) has been the steadiest (EvoAir Holdings (EVOH) 0.0%, Carrier Global (CARR) 35.5%, Smith A O (AOS) 27.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EVOH, CARR and AOS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Smith A O (AOS) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.