Carrier Global (CARR) EV to CFO (2020 - 2026)
Carrier Global's EV to CFO came in at 24.90 for Q2 2026, down 18.0% from 30.35 a year earlier but up 14.5% from the prior quarter.
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Analysis
Carrier Global (CARR) EV to CFO (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Carrier Global reported EV to CFO of 23.08, down 12.6% year-over-year; for FY2025, it was 17.09, down 52.3% from FY2024.
- Going back by year, EV to CFO was 35.84 in FY2024 (+141.2%), 14.86 in FY2023 (-17.7%), 18.04 in FY2022 (-8.6%) and 19.74 in FY2021 (+11.5%).
- The five-year range for quarterly EV to CFO is 14.86 (Q4 2023) to 35.84 (Q4 2024).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with growth averaging 27.2% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2021 (growth of 212.0%), and the weakest in Q4 2025 (a decline of 52.3%).
- Business Quant data shows CARR's EV to CFO at 21.74 (Q1 2026), 17.09 (Q4 2025) and 26.79 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn |
| 10 | Lennox International | 12.73 Bn | 12.54 Bn | 539.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.90 |
| Mar 31, 2026 | 21.74 |
| Dec 31, 2025 | 17.09 |
| Sep 30, 2025 | 26.79 |
| Jun 30, 2025 | 30.35 |
| Mar 31, 2025 | 26.31 |
| Dec 31, 2024 | 35.84 |
| Sep 30, 2024 | 30.99 |
| Jun 30, 2024 | 19.44 |
| Mar 31, 2024 | 20.36 |
| Dec 31, 2023 | 14.86 |
| Sep 30, 2023 | 16.10 |
| Jun 30, 2023 | 16.03 |
| Mar 31, 2023 | 17.04 |
| Dec 31, 2022 | 18.04 |
| Sep 30, 2022 | 17.65 |
| Jun 30, 2022 | 20.64 |
| Mar 31, 2022 | 19.25 |
| Dec 31, 2021 | 19.74 |
| Sep 30, 2021 | 27.91 |
API Access
Carrier Global EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();