Carrier Global (XSWX:CARR) EV-to-EBIT: 35.12 (As of Aug. 01, 2026) — 66% Above Median

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XSWX:CARR Carrier Global Corp XSWX:CARR
81 GF Score
Price CHF50.12
GF Value CHF54.36
! 9 Warning Signs
View Full Analysis

What is Carrier Global EV-to-EBIT?

Carrier Global XSWX:CARR +4.39% 81 EV-to-EBIT is 35.12 as of Aug. 01, 2026, which is 66% above its 10-year median of 21.15. GuruFocus rates XSWX:CARR with a GF Score™ of 81/100 and a GF Value™ of CHF54.36. The stock has 9 warning signs investors should review. Among 1,425 Construction companies, Carrier Global ranks worse than 86.39% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Carrier Global's Enterprise Value is CHF50,248 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was CHF1,431 Mil. Therefore, Carrier Global's EV-to-EBIT for today is 35.12.

The historical rank and industry rank for Carrier Global's EV-to-EBIT or its related term are showing as below:

XSWX:CARR' s EV-to-EBIT Range Over the Past 10 Years
Min: -91.74   Med: 21.15   Max: 141.45
Current: 34.37

During the past 9 years, the highest EV-to-EBIT of Carrier Global was 141.45. The lowest was -91.74. And the median was 21.15.

XSWX:CARR's EV-to-EBIT is ranked worse than
86.39% of 1425 companies
in the Construction industry
Industry Median: 11.02 vs XSWX:CARR: 34.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Carrier Global's Enterprise Value for the quarter that ended in Jun. 2026 was CHF58,206 Mil. Carrier Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was CHF1,431 Mil. Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.46%.


Carrier Global  (XSWX:CARR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1430.925/58205.83578
=2.46 %

Carrier Global's Enterprise Value for the quarter that ended in Jun. 2026 was CHF58,206 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,431 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Carrier Global EV-to-EBIT Related Terms


Carrier Global EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Carrier Global's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carrier Global EV-to-EBIT Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 23.07 21.32 23.15 24.21 24.47

Carrier Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.03 20.91 24.47 31.10 40.01

XSWX:CARR vs JCI, LII, MAIR: EV-to-EBIT Comparison

For the Building Products & Equipment subindustry, Carrier Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carrier Global EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Carrier Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Carrier Global's EV-to-EBIT falls into.


XSWX:CARR
81GF Score
Carrier Global Corp XSWX:CARR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carrier Global EV-to-EBIT Calculation

Carrier Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=50247.627/1430.925
=35.12

Carrier Global's current Enterprise Value is CHF50,248 Mil.
Carrier Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,431 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 35.12 mean?
Carrier Global (XSWX:CARR) has a EV-to-EBIT of 35.12 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Carrier Global and its competitors. This is 66% above median its historical median of 21.15. According to the industry distribution chart, Carrier Global ranks #1231 out of 1425 companies in the Construction industry, placing it in the top 86.4%.
Is Carrier Global's EV-to-EBIT too high?
Carrier Global's current EV-to-EBIT of 35.12 is 66% above median its 10-year median of 21.15. The Construction industry median EV-to-EBIT is 11.02. Carrier Global's value of 35.12 is 218.7% above this industry median. Based on the distribution chart, Carrier Global ranks #1231 out of 1425 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Carrier Global has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Global's EV-to-EBIT compare to JCI and LII?
According to the Construction industry distribution chart, Carrier Global ranks #1231 out of 1425 companies for EV-to-EBIT. This places Carrier Global in the lower half of its industry. The industry median EV-to-EBIT is 11.02. Carrier Global's value of 35.12 is 218.7% above this benchmark. While the company's 10-year median is 21.15 vs. the industry median of 11.02, Carrier Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Construction company?
The median EV-to-EBIT among Construction companies is 11.02, based on 1,425 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carrier Global's current EV-to-EBIT of 35.12 is 218.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Carrier Global and its competitors. For the Construction industry, the median EV-to-EBIT is 11.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Global's current EV-to-EBIT is 35.12, which is 66% above median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Global stock overvalued right now?
Carrier Global (XSWX:CARR) has a current EV-to-EBIT of 35.12. The stock's GF Value™ is CHF54.36, compared to a current price of CHF50.12 — trading 7.8% below its estimated fair value. The current EV-to-EBIT is 35.12, which is 66% above median its 10-year median of 21.15 and 218.7% above the Construction industry median of 11.02. Carrier Global's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Carrier Global (XSWX:CARR), the current EV-to-EBIT is 35.12 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carrier Global (XSWX:CARR) Overvalued in 2026?

Based on GuruFocus' analysis, Carrier Global stock appears to be undervalued. The current stock price of CHF50.12 is trading 7.8% below its estimated GF Value™ of CHF54.36.

Key valuation signals for XSWX:CARR:

  • EV-to-EBIT: 35.12 (66% above median its 10-year median of 21.15)
  • GF Value™: CHF54.36 vs. price of CHF50.12 (7.8% below fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 218.7% above the Construction median (#1231 of 1425)

No single metric tells the full story. See the XSWX:CARR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carrier Global Business Description

Address 13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global, spun out of United Technologies in 2020, manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its flagship Carrier brand, as well as Bryant, Payne, Heil, and others across various price points. In 2024, Carrier acquired Viessmann Climate Solutions to expand its footprint in Europe with heat pumps, boilers, and solar PV equipment. Proceeds from the sale of Carrier's fire and security (Honeywell) and commercial refrigeration (Haier) businesses reduced debt and focused the company on global HVAC and refrigeration solutions. Carrier generates 75% of sales from equipment and 25% from parts and services. The company derives 50% of revenue from the US, 30% from Europe, and 20% from the Asia-Pacific region.
81GF Score

Get the complete analysis for XSWX:CARR

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF50.12
Price
CHF54.36
GF Value