EVOH vs CARR vs TT Stock Comparison

EvoAir Holdings, Carrier Global and Trane Technologies 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
3 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
2 wins
TT Trane Technologies plc
$461.22 +1.4% 1M +7.7% 1Y
Market cap
$101.48B
P/E
34.6x
Revenue (TTM)
$22.21B
Div. yield
0.89%
HVAC Industrials
7 wins

Head to Head

12 decided of 12

Trane Technologies leads on 7 of the 12 questions below (Trane Technologies 7, EvoAir Holdings 3, Carrier Global 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEVOHCARRTTLeader
Larger companyMarket capitalisation $625.15M $47.67B $101.48B TT
Cheaper on earningsLower P/E, profitable companies only -152.7x 39.3x 34.6x TT
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 19.6x 29.5x CARR
Faster revenue growthRevenue growth, trailing twelve months +12.1% -1.6% +7.0% EVOH
More profitableNet margin, trailing twelve months -1,283.3% 5.5% 13.3% TT
Better return on capitalReturn on invested capital — 6.5% 24.4% TT
Less leveragedLower net debt / EBITDA -0.2x 3.5x 0.8x EVOH
Higher dividend yieldTrailing dividend yield — 1.63% 0.89% CARR
Better 1-year returnPrice return, last 12 months 0.0% -0.8% +7.7% TT
Better 5-year returnAnnualised price return, 5 years +18.1%/yr +1.2%/yr +20.5%/yr TT
Less volatileAnnualised volatility, 1 year 0.0% 35.5% 29.2% EVOH
Higher overall scoreMean of the five percentile scores vs peers 33/100 36/100 51/100 TT

Percentile Scorecard

EVOHCARRTT

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

AxisEVOHCARRTT
Valuation 2 #55 of 56 26 #42 of 56 9 #51 of 56
Growth 61 #21 of 52 31 #36 of 52 65 #19 of 52
Profitability 2 #48 of 49 46 #27 of 49 90 #6 of 49
Financial Health 69 #18 of 56 20 #45 of 56 56 #25 of 56
Shareholder Returns – 58 #18 of 41 38 #26 of 41
Overall 33 36 51
  • EVOH ranked among 60 companies in Construction Products
  • CARR ranked among 60 companies in Construction Products
  • TT ranked among 60 companies in Construction Products

Price Performance

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

Returns

PeriodEVOHCARRTTSPY
1 month 0.0%+2.6%+1.4% -0.2%
3 months 0.0%-8.4%-1.9% +3.9%
6 months 0.0%-6.7%-4.1% +8.2%
Year to date 0.0%+9.4%+18.5% +12.9%
1 year 0.0%-0.8%+7.7% +12.3%
3 years +4.4%+24.4%+149.7% +87.4%
3 years, per year +1.4%+7.5%+35.7% +23.3%
5 years +130.0%+6.3%+153.8% +67.9%
5 years, per year +18.1%+1.2%+20.5% +10.9%
10 years ——+786.8% +261.1%
10 years, per year ——+24.4% +13.7%

Risk

MeasureEVOHCARRTTSPY
Volatility, 1Y 0.0%35.5%29.2% 12.7%
Downside volatility, 1Y —36.6%30.2% 12.7%
Beta vs S&P 500, 1Y 0.001.261.15 1.00
Return / volatility, 1Y —-0.020.26 0.97
Max drawdown, 5Y -66.4%-40.4%-40.3% -25.4%
From 52-week high 0.0%-23.9%-8.4% -1.2%
52-week high $23.00$76.00$503.46 $779.14
52-week low $23.00$50.36$376.43 $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.

MultipleEVOHCARRTT
P/E now vs peer median -152.7xmedian 20.1x 39.3xmedian 20.1x 34.6xmedian 20.1x
P/S now vs peer median 1,959xmedian 1.5x 2.2xmedian 1.5x 4.6xmedian 1.5x
EV/EBITDA now vs peer median -393.6xmedian 11.8x 19.4xmedian 11.8x 23.9xmedian 11.8x
P/FCF now vs peer median -439.7xmedian 16.2x 24.7xmedian 16.2x 28.3xmedian 16.2x
P/B now vs peer median 15.9xmedian 2.9x 3.5xmedian 2.9x 11.7xmedian 2.9x
PEG now vs peer median 4.20median 0.99 -2.34median 0.99 1.97median 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 monthsEVOHCARRTT
Revenue $319.05K $22.11B $22.21B
Gross profit $21.53K $6.37B $7.86B
Operating income -$4.21M $1.72B $3.98B
Net income -$4.35M $1.32B $2.97B
Free cash flow -$1.42M $1.93B $3.58B
R&D – $602.00M –
EPS (diluted) $-0.15 $1.46 $13.25
Cash & equivalents $277.55K $1.34B $1.32B
Total debt – $11.95B $4.62B
Shares (diluted) 27.18M 836.50M 222.50M
Enterprise value $623.46M $42.30B $96.22B

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
MetricEVOHCARRTT
P/E -152.7x 39.3x 34.6x
P/FCF -439.7x 24.7x 28.3x
P/Operating cash flow -459.7x 20.0x 25.9x
P/S 1,959x 2.2x 4.6x
P/B 15.9x 3.5x 11.7x
P/Tangible book 3,093x 6.2x 19.8x
EV/EBITDA -393.6x 19.4x 23.9x
EV/EBIT -148.6x 33.8x 26.3x
EV/Revenue 1,960x 2.6x 4.7x
EV/FCF -439.9x 30.2x 29.3x
EV/Operating cash flow -459.9x 24.4x 26.8x
PEG (3Y EPS CAGR) 4.20 -2.34 1.97

Growth

14 metrics
MetricEVOHCARRTT
Revenue growth (1Y) 12.1% -1.6% 7.0%
Revenue CAGR (3Y) -6.3% 8.9% 9.7%
Gross profit growth (1Y) 208.9% 4.7% 4.5%
Gross profit CAGR (3Y) 37.4% 26.8% 0.7%
Operating income growth (1Y) 71.8% -43.8% 4.4%
Operating income CAGR (3Y) 11.8% -12.1% 14.4%
Net income growth (1Y) 70.9% -67.9% 3.3%
Net income CAGR (3Y) 11.7% -16.0% 16.1%
EPS growth (1Y) 72.4% -68.4% 4.5%
EPS CAGR (3Y) -36.4% -16.8% 17.5%
Operating cash flow growth (1Y) -22.6% 19.2% 19.9%
Operating cash flow CAGR (3Y) 6.7% -0.4% 28.8%
Free cash flow growth (1Y) -26.9% 24.4% 26.1%
Free cash flow CAGR (3Y) 5.6% -2.5% 32.3%

Profitability

14 metrics
MetricEVOHCARRTT
Gross margin 6.7% 28.8% 35.4%
EBITDA margin -498.1% 13.6% 19.7%
Operating margin -1,319% 7.8% 17.9%
Pretax margin -1,364% 6.0% 16.8%
Net margin -1,283% 5.5% 13.3%
FCF margin -445.6% 8.7% 16.1%
Operating cash flow margin -426.2% 10.8% 17.6%
Return on equity -11.1% 9.7% 34.4%
Return on assets -10.0% 3.5% 12.7%
Return on invested capital – 6.5% 24.4%
Return on capital employed -11.0% 6.1% 26.7%
Asset turnover 0.0x 0.6x 1.0x
Cash conversion (OCF / net income) 0.3x 1.8x 1.3x
Stock comp / revenue – – 0.4%

Financial Health

11 metrics
MetricEVOHCARRTT
Debt / assets 1.3% 32.0% 19.3%
Debt / equity 0.0x 0.9x 0.5x
Net debt / EBITDA -0.2x 3.5x 0.8x
Debt / FCF -0.4x 6.2x 1.3x
Liabilities / assets 9.3% 64.0% 63.9%
Equity / assets 90.7% 36.0% 36.1%
Interest coverage – – 18.1x
Current ratio 0.1x 1.0x 1.1x
Quick ratio 0.1x 0.5x 0.7x
Cash ratio 0.1x 0.1x 0.2x
Altman Z-score 90.81 2.42 6.11

Shareholder Returns

7 metrics
MetricEVOHCARRTT
Dividend yield – 1.6% 0.9%
Net buyback yield – 4.2% 1.3%
Shareholder yield – 5.8% 2.2%
Payout ratio (earnings) – 59.1% 29.6%
Payout ratio (FCF) – 40.6% 24.6%
Dividend growth (1Y) – 7.1% 10.3%
Dividend CAGR (3Y) – 11.7% 10.6%

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.

ConsensusEVOHCARRTT
Forward P/E – 19.6xFY2026 29.5xFY2026
EPS, next fiscal year – $2.95FY2026 $15.64FY2026
EPS growth, next FY – +13.9%FY2026 +19.8%FY2026
EPS growth, the year after – +9.2% +10.2%
Revenue, next fiscal year – $22.69BFY2026 $25.40BFY2026
Revenue growth, next FY – +4.3%FY2026 +19.1%FY2026
Revenue growth, the year after – +5.0% +7.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEVOHCARRTT
Held by institutions – 87.4% 87.0%
Institutions holding – 1,628 1,810
Change in shares held, QoQ – +1.0% +0.3%
Institutions buying – 805 894
Institutions selling – 544 579
Buyers to sellers – 1.48 1.54

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.

EVOHCARRTT
EVOH – – –
CARR – 1.00 0.63
TT – 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EVOH, CARR and TT?

Trane Technologies (TT) is the largest by market capitalisation: EvoAir Holdings (EVOH) $625.15M, Carrier Global (CARR) $47.67B, Trane Technologies (TT) $101.48B.

Which stock is cheaper, EVOH, CARR and TT?

Trane Technologies (TT) trades on the lowest price-to-earnings ratio (EvoAir Holdings (EVOH) -152.7x, Carrier Global (CARR) 39.3x, Trane Technologies (TT) 34.6x). On next year's consensus earnings, Carrier Global (CARR) is cheapest (Carrier Global (CARR) 19.6x, Trane Technologies (TT) 29.5x). 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%, Trane Technologies (TT) +7.0%.

Which company is more profitable?

Trane Technologies (TT) has the highest net margin (EvoAir Holdings (EVOH) -1,283.3%, Carrier Global (CARR) 5.5%, Trane Technologies (TT) 13.3%). On return on invested capital, Trane Technologies (TT) leads (Carrier Global (CARR) 6.5%, Trane Technologies (TT) 24.4%).

Which stock has performed better?

Over the past year Trane Technologies (TT) returned the most: EvoAir Holdings (EVOH) 0.0%, Carrier Global (CARR) -0.8%, Trane Technologies (TT) +7.7%. Over five years, Trane Technologies (TT) compounded fastest (EvoAir Holdings (EVOH) +18.1%/yr, Carrier Global (CARR) +1.2%/yr, Trane Technologies (TT) +20.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Carrier Global (CARR) has the highest dividend yield: Carrier Global (CARR) 1.63%, Trane Technologies (TT) 0.89%. 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%, Trane Technologies (TT) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Trane Technologies (TT) leads on 7. 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.