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CARR vs. EME: Carrier Global vs. EMCOR Stock Comparison

How do Carrier Global (CARR) and EMCOR (EME) 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

Carrier Global (CARR) and EMCOR (EME) both fall under the Capital Goods industry group, but CARR is classified in Building Products while EME is classified in Construction & Engineering.

EMCOR (EME) has more than two decades of public-market history since January 10, 1995, whereas Carrier Global (CARR) listed on March 19, 2020 and has a much shorter record to draw on.

Company profile comparison for Carrier Global (CARR) and EMCOR (EME)
Profile ItemCARREME
NameCarrier Global Corp.EMCOR Group, Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsConstruction & Engineering
GICS Sub-IndustryBuilding ProductsConstruction & Engineering
Market Capitalization42.86 billion USD26.64 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 19, 2020January 10, 1995
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CARR
EME
GSPC
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Carrier Global (CARR) vs. EMCOR (EME), 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 Carrier Global (CARR) and EMCOR (EME). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Total Return (1Y)-4.90%0.07%
Total Return (3Y, Annualized)3.62%46.16%
Total Return (5Y, Annualized)1.11%38.01%

Risk Profile

Drawdown History

CARR
EME
GSPC
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Carrier Global (CARR) vs. EMCOR (EME), 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 Carrier Global (CARR) and EMCOR (EME). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Volatility (1Y, Annualized)35.35%43.79%
Beta (5Y)1.321.17
Max Drawdown (5Y)-39.75%-36.85%
Avg. Volume (3M)6.08M402.73K

Risk-Adjusted Performance

Risk-Return Positioning

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CARR and EME 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 Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Sharpe Ratio (1Y)-0.26-0.10
Sortino Ratio (1Y)-0.36-0.14

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 EMCOR (EME) reports 40.55%, ranking against industry peers normally.

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%

EME

Capital Goods industry group

40.55%

EME
40.55%
Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Carrier Global (CARR) vs. EMCOR (EME): 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 EMCOR (EME) reports 7.78%, ranking against industry peers normally.

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%

EME

Capital Goods industry group

7.78%

Max
27.47%
Q3
12.10%
EME
7.78%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Carrier Global (CARR) at 11.00% and EMCOR (EME) at 10.46% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

EME

Capital Goods industry group

10.46%

Max
36.60%
Q3
18.33%
Median
11.12%
EME
10.46%
Q1
5.14%
Min
-12.63%
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
ROE (TTM)-13.44%40.55%
ROA (TTM)3.43%12.33%
Net Margin (TTM)-7.90%7.78%
Operating Margin (TTM)11.00%10.46%
Gross Margin (TTM)24.38%19.59%

Growth

Revenue Growth

EMCOR (EME) at 16.62% 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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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their Revenue Growth across different time periods.

EPS Growth

EMCOR (EME) at 30.99% sits in the top EPS growth quartile, while Carrier Global (CARR) at -72.03% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Revenue Growth (YoY)-3.29%16.62%
Revenue Growth (3Y CAGR)7.95%15.32%
EPS Growth (YoY)-72.03%30.99%
EPS Growth (3Y CAGR)-25.14%51.54%

Financial Strength

Current Ratio (MRQ)

Both Carrier Global (CARR) at 1.00 and EMCOR (EME) at 1.17 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

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

EME

Capital Goods industry group

1.17

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
EME
1.17
Min
0.36
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

EMCOR (EME) at 0.13 keeps leverage in the lower quartile, while Carrier Global (CARR) at 1.14 sits in the higher-leverage quartile.

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

EME

Capital Goods industry group

0.13

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
EME
0.13
Min
0.00
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Current Ratio (MRQ)1.001.17
Debt / Equity (MRQ)1.140.13
Net Debt / EBITDA3.24-0.10

Dividends

Dividend Yield (TTM)

Carrier Global (CARR) at 1.80% delivers top-quartile income for its industry, while EMCOR (EME) at 0.07% pays a more typical yield — both are credible income propositions, CARR the richer one.

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%

EME

Capital Goods industry group

0.07%

Max
2.66%
Q3
1.14%
Median
0.24%
EME
0.07%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

EMCOR (EME) at 4.19% 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.

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%

EME

Capital Goods industry group

4.19%

Max
67.39%
Q3
28.02%
Median
6.86%
EME
4.19%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
Dividend Yield (TTM)1.80%0.07%
Dividend Payout Ratio (TTM)67.39%4.19%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: EMCOR (EME) trades at 17.59 times trailing earnings, ranked against its peers, while Carrier Global (CARR) has no P/E ratio this period.

CARR

Capital Goods industry group

--

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
CARR
--

EME

Capital Goods industry group

17.59

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
EME
17.59
Min
3.03
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Carrier Global (CARR) vs. EMCOR (EME): CARR does not report P/E ratio, so it has no value marker; EME is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and EMCOR (EME) at 1.34 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

EME

Capital Goods industry group

1.34

Max
7.54
Q3
3.76
Median
2.15
EME
1.34
Q1
1.03
Min
0.03
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Carrier Global (CARR) vs. EMCOR (EME): 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 EMCOR (EME) at 6.26 carries an above-peer premium to book — EME is pricier on assets.

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

EME

Capital Goods industry group

6.26

Max
9.66
EME
6.26
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Carrier Global (CARR) vs. EMCOR (EME): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and EMCOR (EME)
MetricCARREME
P/E Ratio (TTM)--17.59
P/S Ratio (TTM)1.881.34
P/B Ratio (MRQ)4.276.26
Free Cash Flow Yield (TTM)4.54%4.82%