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Carrier GlobalXSWX:CARR 81 EV-to-OCF is 27.17 as of Aug. 14, 2026, which is 5% above its 10-year median of 26.00. GuruFocus rates XSWX:CARR with a GF Score™ of 81/100 and a GF Value™ of CHF56.63. The stock has 9 warning signs investors should review. Among 1,792 Construction companies, Carrier Global ranks worse than 84.54% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Carrier Global's Enterprise Value is CHF51,723 Mil.
Carrier Global's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was CHF1,903 Mil. Therefore, Carrier Global's EV-to-OCF for today is 27.17.
The historical rank and industry rank for Carrier Global's EV-to-OCF or its related term are showing as below:
XSWX:CARR'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.62 Med: 26 Max: 128.77
Current: 26.64
During the past 9 years, the highest EV-to-OCF of Carrier Global was 128.77. The lowest was 5.62. And the median was 26.00.
XSWX:CARR's EV-to-OCF is ranked worse than 84.54% of 1792
companies
in the Construction industry
Industry Median: 6.94
vs XSWX:CARR: 26.64
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Carrier Global's PE Ratio (TTM) for today is calculated as:
Carrier Global's share price for today is CHF51.39.
Carrier Global's Earnings per Share (Diluted) 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 CHF1.146.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Carrier Global EV-to-OCF Related Terms
Carrier Global EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Carrier Global's EV-to-OCF 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.
For the Building Products & Equipment subindustry, Carrier Global's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Construction Industry
For the Construction industry and Industrials sector, Carrier Global's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Carrier Global's EV-to-OCF falls into.
Carrier Global's current Enterprise Value is CHF51,723 Mil.
Carrier Global's Cash Flow from Operations 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 CHF1,903 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 (XSWX:CARR) has a EV-to-OCF of 27.17 as of Aug. 14, 2026. This is near median its historical median of 26.00. Over the past decade, Carrier Global's EV-to-OCF has ranged from 5.62 to 128.77. According to the industry distribution chart, Carrier Global ranks #1515 out of 1792 companies in the Construction industry, placing it in the top 84.5%.
Is Carrier Global's EV-to-OCF too high?
Carrier Global's current EV-to-OCF of 27.17 is near median its 10-year median of 26.00. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 128.77. The Construction industry median EV-to-OCF is 6.94. Carrier Global's value of 27.17 is 291.5% above this industry median. Based on the distribution chart, Carrier Global ranks #1515 out of 1792 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-OCF compare to JCI and LII?
According to the Construction industry distribution chart, Carrier Global ranks #1515 out of 1792 companies for EV-to-OCF. This places Carrier Global in the lower half of its industry. The industry median EV-to-OCF is 6.94. Carrier Global's value of 27.17 is 291.5% above this benchmark. Historically, Carrier Global's own EV-to-OCF has ranged from 5.62 to 128.77 over the past decade. While the company's 10-year median is 26.00 vs. the industry median of 6.94, 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-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 6.94, based on 1,792 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carrier Global's current EV-to-OCF of 27.17 is 291.5% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Global's current EV-to-OCF is 27.17, which is near median its own 10-year median of 26.00. 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-OCF of 27.17. The stock's GF Value™ is CHF56.63, compared to a current price of CHF51.39 — trading 9.3% below its estimated fair value. The current EV-to-OCF is 27.17, which is near median its 10-year median of 26.00 and 291.5% above the Construction industry median of 6.94. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Carrier Global (XSWX:CARR), the current EV-to-OCF is 27.17 as of Aug. 14, 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 CHF51.39 is trading 9.3% below its estimated GF Value™ of CHF56.63.
Key valuation signals for XSWX:CARR:
EV-to-OCF: 27.17 (near median its 10-year median of 26.00)
GF Value™: CHF56.63 vs. price of CHF51.39 (9.3% below fair value)
Industry Position: 291.5% above the Construction median (#1515 of 1792)
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, 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
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