Carrier Global (CARR) EV to EBITDA (2020 - 2026)
Carrier Global's EV to EBITDA was 19.77 in Q2 2026, up 40.4% from 14.08 a year earlier and up 33.4% from the prior quarter.
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Analysis
Carrier Global (CARR) EV to EBITDA (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carrier Global's EV to EBITDA was 18.32 through Jun 30, 2026, up 49.6% year-over-year; 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 Q2 2026 figure marks the highest quarterly EV to EBITDA since Q3 2024.
- Compared with a year earlier, EV to EBITDA was higher in two of the last eight quarters, with an average decline of 7.7%.
- 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 Q2 2026 was 14.81 (Q1 2026), 12.46 (Q4 2025) and 11.97 (Q3 2025).
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 | 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 |
| Sep 30, 2021 | 11.27 |
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();