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Carrier Global (CARR) Competitors

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$66.76 -0.16 (-0.24%)
As of 12:12 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CARR vs. ALLE, DOV, ETN, IR, ITT, JCI, LII, PH, PNR, and TT

Should you be buying Carrier Global stock or one of its competitors? The main competitors of Carrier Global include Allegion (ALLE), Dover (DOV), Eaton (ETN), Ingersoll Rand (IR), ITT (ITT), Johnson Controls International (JCI), Lennox International (LII), Parker-Hannifin (PH), Pentair (PNR), and Trane Technologies (TT).

Carrier Global vs. Its Competitors

Carrier Global (NYSE:CARR) and Allegion (NYSE:ALLE) are related large-cap companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, earnings, risk, valuation, profitability, media sentiment and analyst recommendations.

Carrier Global has higher revenue and earnings than Allegion. Carrier Global is trading at a lower price-to-earnings ratio than Allegion, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Carrier Global$22.46B2.53$5.60B$4.5914.52
Allegion$3.88B3.68$597.50M$7.2023.09

Carrier Global presently has a consensus price target of $84.47, indicating a potential upside of 26.72%. Allegion has a consensus price target of $165.88, indicating a potential downside of 0.21%. Given Carrier Global's stronger consensus rating and higher possible upside, research analysts plainly believe Carrier Global is more favorable than Allegion.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Carrier Global
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.59
Allegion
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.13

In the previous week, Carrier Global had 29 more articles in the media than Allegion. MarketBeat recorded 49 mentions for Carrier Global and 20 mentions for Allegion. Allegion's average media sentiment score of 0.84 beat Carrier Global's score of 0.78 indicating that Allegion is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Carrier Global
25 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
7 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegion
9 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Carrier Global pays an annual dividend of $0.90 per share and has a dividend yield of 1.4%. Allegion pays an annual dividend of $2.04 per share and has a dividend yield of 1.2%. Carrier Global pays out 19.6% of its earnings in the form of a dividend. Allegion pays out 28.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Carrier Global has increased its dividend for 4 consecutive years and Allegion has increased its dividend for 11 consecutive years. Carrier Global is clearly the better dividend stock, given its higher yield and lower payout ratio.

Carrier Global has a beta of 1.26, indicating that its share price is 26% more volatile than the S&P 500. Comparatively, Allegion has a beta of 1.05, indicating that its share price is 5% more volatile than the S&P 500.

91.0% of Carrier Global shares are held by institutional investors. Comparatively, 92.2% of Allegion shares are held by institutional investors. 7.2% of Carrier Global shares are held by insiders. Comparatively, 0.2% of Allegion shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Carrier Global has a net margin of 18.33% compared to Allegion's net margin of 16.15%. Allegion's return on equity of 42.62% beat Carrier Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Carrier Global18.33% 17.83% 6.85%
Allegion 16.15%42.62%14.55%

Summary

Carrier Global beats Allegion on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CARR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CARR vs. The Competition

MetricCarrier GlobalBLDG PRD IndustryConstruction SectorNYSE Exchange
Market Cap$56.72B$27.81B$9.15B$20.52B
Dividend Yield1.31%1.33%2.03%3.70%
P/E Ratio14.5227.8315.3529.27
Price / Sales2.533.43109.8664.04
Price / Cash16.5428.2715.0017.53
Price / Book4.1610.324.604.60
Net Income$5.60B$1.22B$620.50M$994.29M
7 Day Performance-17.16%-5.25%-1.33%-2.66%
1 Month Performance-11.46%2.05%-0.45%-1.68%
1 Year Performance4.17%24.36%103.79%11.50%

Carrier Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CARR
Carrier Global
4.9764 of 5 stars
$66.76
-0.2%
$84.47
+26.5%
+4.5%$56.78B$22.46B14.5448,000Earnings Report
ALLE
Allegion
4.7827 of 5 stars
$163.64
-1.1%
$164.57
+0.6%
+27.4%$14.08B$3.88B22.7314,400
DOV
Dover
4.782 of 5 stars
$184.91
-0.9%
$213.92
+15.7%
-0.3%$25.35B$7.75B11.1524,000
ETN
Eaton
4.4671 of 5 stars
$392.98
+0.2%
$377.89
-3.8%
+36.1%$153.77B$24.88B39.6594,000Positive News
Upcoming Earnings
Analyst Downgrade
IR
Ingersoll Rand
4.513 of 5 stars
$87.96
-0.4%
$100.92
+14.7%
-14.1%$35.49B$7.24B43.5421,000News Coverage
Earnings Report
Analyst Forecast
Analyst Revision
ITT
ITT
4.2056 of 5 stars
$162.38
+0.5%
$173.25
+6.7%
+26.4%$12.78B$3.63B25.8211,700Positive News
Earnings Report
Dividend Announcement
Analyst Forecast
JCI
Johnson Controls International
4.5995 of 5 stars
$111.55
-0.2%
$104.11
-6.7%
+57.9%$73.40B$22.95B29.7594,000Positive News
Earnings Report
LII
Lennox International
4.0971 of 5 stars
$654.71
-0.9%
$626.50
-4.3%
+12.5%$23.00B$5.42B27.9914,200Positive News
PH
Parker-Hannifin
4.6482 of 5 stars
$739.31
+0.1%
$739.59
+0.0%
+37.2%$94.47B$19.79B28.4761,120Positive News
Upcoming Earnings
PNR
Pentair
4.8085 of 5 stars
$103.39
+0.3%
$115.46
+11.7%
+20.4%$16.95B$4.08B28.259,750
TT
Trane Technologies
3.8982 of 5 stars
$472.45
+0.1%
$441.40
-6.6%
+37.9%$105.37B$19.84B39.3145,000Earnings Report
Analyst Downgrade
Short Interest ↑

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This page (NYSE:CARR) was last updated on 8/4/2025 by MarketBeat.com Staff
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