Carrier Global (CARR) EV to EBITDA (2020 - 2026)
Carrier Global's EV to EBITDA was 226.27 in Q3 2026, compared with 11.97 a year earlier.
Powered by 
Analysis
Carrier Global (CARR) EV to EBITDA (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carrier Global's EV to EBITDA was 204.26 through Sep 30, 2026; for FY2025, it came in at 12.46, down 14.1% from FY2024.
- In earlier years, EV to EBITDA was 14.52 in FY2024 (-0.6%), 14.61 in FY2023 (+100.3%), 7.29 in FY2022 (-50.7%) and 14.80 in FY2021 (+69.0%).
- The Q3 2026 figure marks the highest quarterly EV to EBITDA in data going back to Q1 2020.
- Compared with a year earlier, EV to EBITDA was higher in two of the last seven quarters, with an average decline of 7.9%.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2023 (growth of 295.4%); the worst was Q3 2022 (a decline of 50.9%).
- Per Business Quant data, CARR's EV to EBITDA in the three quarters before Q3 2026 was 19.77 (Q2 2026), 14.81 (Q1 2026) and 12.46 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 226.27 |
| Jun 30, 2026 | 19.77 |
| Mar 31, 2026 | 14.81 |
| Dec 31, 2025 | 12.46 |
| Sep 30, 2025 | 11.97 |
| Jun 30, 2025 | 14.08 |
| Mar 31, 2025 | 12.87 |
| Dec 31, 2024 | 14.52 |
| Sep 30, 2024 | 20.40 |
| Jun 30, 2024 | 18.30 |
| Mar 31, 2024 | 18.76 |
| Dec 31, 2023 | 14.61 |
| Sep 30, 2023 | 21.89 |
| Jun 30, 2023 | 12.98 |
| Mar 31, 2023 | 11.38 |
| Dec 31, 2022 | 7.29 |
| Sep 30, 2022 | 5.54 |
| Jun 30, 2022 | 6.54 |
| Mar 31, 2022 | 8.60 |
| Dec 31, 2021 | 14.80 |
API Access
Carrier Global EV to EBITDA 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-ebitda&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();