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ALLE vs. CARR: Allegion vs. Carrier Global Stock Comparison

How do Allegion (ALLE) and Carrier Global (CARR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Allegion (ALLE) and Carrier Global (CARR) are both classified in the Building Products sub-industry within the broader Building Products industry, placing them in the closest GICS peer bucket.

Company profile comparison for Allegion (ALLE) and Carrier Global (CARR)
Profile ItemALLECARR
NameAllegion plcCarrier Global Corp.
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsBuilding Products
GICS Sub-IndustryBuilding ProductsBuilding Products
Market Capitalization15.76 billion USD42.86 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 18, 2013March 19, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALLE
CARR
GSPC
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Allegion (ALLE) vs. Carrier Global (CARR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Allegion (ALLE) and Carrier Global (CARR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Allegion (ALLE) and Carrier Global (CARR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Total Return (1Y)14.68%-4.90%
Total Return (3Y, Annualized)24.89%3.62%
Total Return (5Y, Annualized)8.85%1.11%

Risk Profile

Drawdown History

ALLE
CARR
GSPC
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Allegion (ALLE) vs. Carrier Global (CARR), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Allegion (ALLE) and Carrier Global (CARR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Volatility (1Y, Annualized)30.24%35.35%
Beta (5Y)0.811.32
Max Drawdown (5Y)-33.82%-39.75%
Avg. Volume (3M)1.21M6.08M

Risk-Adjusted Performance

Risk-Return Positioning

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ALLE and CARR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Sharpe Ratio (1Y)0.34-0.26
Sortino Ratio (1Y)0.53-0.36

Profitability

ROE (TTM)

Carrier Global (CARR) reports a negative ROE of -13.44%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Allegion (ALLE) reports 33.56%, ranking against industry peers normally.

ALLE

Capital Goods industry group

33.56%

Max
40.55%
ALLE
33.56%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

CARR

Capital Goods industry group

-13.44%

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
CARR
-13.44%
Min
-17.12%
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Carrier Global (CARR) reports a negative net margin of -7.90%, usually indicating a net loss over the period. Meanwhile Allegion (ALLE) reports 15.74%, ranking against industry peers normally.

ALLE

Capital Goods industry group

15.74%

Max
27.47%
ALLE
15.74%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

CARR

Capital Goods industry group

-7.90%

Max
27.47%
Q3
12.10%
Median
6.30%
Q1
1.40%
CARR
-7.90%
Min
-12.89%
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Allegion (ALLE) at 24.25% operates in the top operating margin quartile, ahead of Carrier Global (CARR) at 11.00%, which runs around its industry’s norm.

ALLE

Capital Goods industry group

24.25%

Max
36.60%
ALLE
24.25%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%

CARR

Capital Goods industry group

11.00%

Max
36.60%
Q3
18.33%
Median
11.12%
CARR
11.00%
Q1
5.14%
Min
-12.63%
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
ROE (TTM)33.56%-13.44%
ROA (TTM)11.19%3.43%
Net Margin (TTM)15.74%-7.90%
Operating Margin (TTM)24.25%11.00%
Gross Margin (TTM)45.09%24.38%

Growth

Revenue Growth

Allegion (ALLE) at 7.82% is around its peer norm for revenue growth, while Carrier Global (CARR) at -3.29% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Allegion (ALLE) at 9.09% is around its peer norm for EPS growth, while Carrier Global (CARR) at -72.03% drops into the bottom quartile, signaling weaker earnings momentum.

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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Revenue Growth (YoY)7.82%-3.29%
Revenue Growth (3Y CAGR)7.52%7.95%
EPS Growth (YoY)9.09%-72.03%
EPS Growth (3Y CAGR)12.75%-25.14%

Financial Strength

Current Ratio (MRQ)

Allegion (ALLE) at 1.90 keeps current ratio within its industry’s typical mid-range, while Carrier Global (CARR) at 1.00 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CARR.

ALLE

Capital Goods industry group

1.90

Max
5.22
Q3
2.95
Median
2.08
ALLE
1.90
Q1
1.43
Min
0.36

CARR

Capital Goods industry group

1.00

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
CARR
1.00
Min
0.36
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Allegion (ALLE) at 1.02 carries an industry-typical debt-to-equity mix, while Carrier Global (CARR) at 1.14 uses more debt funding than most peers.

ALLE

Capital Goods industry group

1.02

Max
2.33
Q3
1.12
ALLE
1.02
Median
0.60
Q1
0.29
Min
0.00

CARR

Capital Goods industry group

1.14

Max
2.33
CARR
1.14
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Current Ratio (MRQ)1.901.00
Debt / Equity (MRQ)1.021.14
Net Debt / EBITDA1.673.24

Dividends

Dividend Yield (TTM)

Both Allegion (ALLE) at 1.15% and Carrier Global (CARR) at 1.80% offer top-quartile dividend income relative to share price within their industries.

ALLE

Capital Goods industry group

1.15%

Max
2.66%
ALLE
1.15%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%

CARR

Capital Goods industry group

1.80%

Max
2.66%
CARR
1.80%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Allegion (ALLE) at 26.87% pays out a band-typical share of earnings, while Carrier Global (CARR) at 67.39% distributes more than its industry norm — less retained, thinner cover.

ALLE

Capital Goods industry group

26.87%

Max
67.39%
Q3
28.02%
ALLE
26.87%
Median
6.86%
Q1
0.00%
Min
0.00%

CARR

Capital Goods industry group

67.39%

CARR
67.39%
Max
67.39%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
Dividend Yield (TTM)1.15%1.80%
Dividend Payout Ratio (TTM)26.87%67.39%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Allegion (ALLE) trades at 23.06 times trailing earnings, ranked against its peers, while Carrier Global (CARR) has no P/E ratio this period.

ALLE

Capital Goods industry group

23.06

Max
59.38
Q3
35.92
Median
25.41
ALLE
23.06
Q1
19.47
Min
3.03

CARR

Capital Goods industry group

--

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
CARR
--
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Allegion (ALLE) vs. Carrier Global (CARR): CARR does not report P/E ratio, so it has no value marker; ALLE is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Allegion (ALLE) at 3.59 and Carrier Global (CARR) at 1.88 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

ALLE

Capital Goods industry group

3.59

Max
7.54
Q3
3.76
ALLE
3.59
Median
2.15
Q1
1.03
Min
0.03

CARR

Capital Goods industry group

1.88

Max
7.54
Q3
3.76
Median
2.15
CARR
1.88
Q1
1.03
Min
0.03
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Carrier Global (CARR) at 4.27 is valued about in line with its industry on P/B ratio, while Allegion (ALLE) at 7.20 carries an above-peer premium to book — ALLE is pricier on assets.

ALLE

Capital Goods industry group

7.20

Max
9.66
ALLE
7.20
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

CARR

Capital Goods industry group

4.27

Max
9.66
Q3
5.00
CARR
4.27
Median
3.12
Q1
1.81
Min
-1.08
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Allegion (ALLE) vs. Carrier Global (CARR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Allegion (ALLE) and Carrier Global (CARR)
MetricALLECARR
P/E Ratio (TTM)23.06--
P/S Ratio (TTM)3.591.88
P/B Ratio (MRQ)7.204.27
Free Cash Flow Yield (TTM)3.69%4.54%