CARR vs. EMR: Carrier Global vs. Emerson Electric Stock Comparison

November 11, 2026

How do Carrier Global (CARR) and Emerson Electric (EMR) 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 Emerson Electric (EMR) both fall under the Capital Goods industry group, but CARR is classified in Building Products while EMR is classified in Electrical Equipment.

Emerson Electric (EMR) has more than two decades of public-market history since June 1, 1972, 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 Emerson Electric (EMR)
Profile Item	CARR	EMR
Name	Carrier Global Corp.	Emerson Electric Co.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Electrical Equipment
GICS Sub-Industry	Building Products	Electrical Components & Equipment
Market Capitalization	42.86 billion USD	90.56 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 19, 2020	June 1, 1972
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CARR

EMR

GSPC

Carrier Global (CARR) vs. Emerson Electric (EMR), 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 Emerson Electric (EMR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
Total Return (1Y)	-4.90%	34.39%
Total Return (3Y, Annualized)	3.62%	28.46%
Total Return (5Y, Annualized)	1.11%	14.17%

Risk Profile

Drawdown History

CARR

EMR

GSPC

Carrier Global (CARR) vs. Emerson Electric (EMR), 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 Emerson Electric (EMR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
Volatility (1Y, Annualized)	35.35%	32.47%
Beta (5Y)	1.32	1.20
Max Drawdown (5Y)	-39.75%	-29.61%
Avg. Volume (3M)	6.08M	2.61M

Risk-Adjusted Performance

Risk-Return Positioning

CARR and EMR 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 Emerson Electric (EMR)
Metric	CARR	EMR
Sharpe Ratio (1Y)	-0.26	0.93
Sortino Ratio (1Y)	-0.36	1.37

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 Emerson Electric (EMR) reports 13.12%, 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%

EMR

Capital Goods industry group

13.12%

Max: 40.55%
Q3: 19.29%
EMR: 13.12%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Carrier Global (CARR) vs. Emerson Electric (EMR): 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 Emerson Electric (EMR) reports 14.18%, 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%

EMR

Capital Goods industry group

14.18%

Max: 27.47%
EMR: 14.18%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Emerson Electric (EMR) at 25.90% operates in the top operating margin quartile, ahead of Carrier Global (CARR) at 11.00%, which runs around its industry’s norm.

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%

EMR

Capital Goods industry group

25.90%

Max: 36.60%
EMR: 25.90%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
ROE (TTM)	-13.44%	13.12%
ROA (TTM)	3.43%	5.98%
Net Margin (TTM)	-7.90%	14.18%
Operating Margin (TTM)	11.00%	25.90%
Gross Margin (TTM)	24.38%	53.36%

Growth

Revenue Growth

Only one side can be read here: Carrier Global (CARR) reports revenue growth of -3.29%, ranked against its industry; Emerson Electric (EMR) has no revenue growth figure this period.

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Emerson Electric (EMR) at 18.56% is around its peer norm for EPS growth, while Carrier Global (CARR) at -72.03% drops into the bottom quartile, signaling weaker earnings momentum.

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
Revenue Growth (YoY)	-3.29%	--
Revenue Growth (3Y CAGR)	7.95%	--
EPS Growth (YoY)	-72.03%	18.56%
EPS Growth (3Y CAGR)	-25.14%	-40.62%

Financial Strength

Current Ratio (MRQ)

Both Carrier Global (CARR) at 1.00 and Emerson Electric (EMR) at 0.94 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

EMR

Capital Goods industry group

0.94

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
EMR: 0.94
Min: 0.36

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Emerson Electric (EMR) at 0.59 carries an industry-typical debt-to-equity mix, while Carrier Global (CARR) at 1.14 uses more debt funding than most peers.

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

EMR

Capital Goods industry group

0.59

Max: 2.33
Q3: 1.12
Median: 0.60
EMR: 0.59
Q1: 0.29
Min: 0.00

Carrier Global (CARR) vs. Emerson Electric (EMR): 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 Emerson Electric (EMR)
Metric	CARR	EMR
Current Ratio (MRQ)	1.00	0.94
Debt / Equity (MRQ)	1.14	0.59
Net Debt / EBITDA	3.24	1.89

Dividends

Dividend Yield (TTM)

Emerson Electric (EMR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carrier Global (CARR) reports a yield of 1.80%, ranking against industry peers normally.

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%

EMR

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
EMR: 0.00%
Q1: 0.00%
Min: 0.00%

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Carrier Global (CARR) at 67.39% and Emerson Electric (EMR) at 48.51% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

EMR

Capital Goods industry group

48.51%

Max: 67.39%
EMR: 48.51%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
Dividend Yield (TTM)	1.80%	0.00%
Dividend Payout Ratio (TTM)	67.39%	48.51%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Emerson Electric (EMR) trades at 33.89 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: --

EMR

Capital Goods industry group

33.89

Max: 59.38
Q3: 35.92
EMR: 33.89
Median: 25.41
Q1: 19.47
Min: 3.03

Carrier Global (CARR) vs. Emerson Electric (EMR): CARR does not report P/E ratio, so it has no value marker; EMR is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

Carrier Global (CARR) at 1.88 is priced about in line with its industry on P/S ratio, while Emerson Electric (EMR) at 4.77 sits in the pricier quartile — EMR costs more per dollar of sales.

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

EMR

Capital Goods industry group

4.77

Max: 7.54
EMR: 4.77
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Carrier Global (CARR) at 4.27 and Emerson Electric (EMR) at 4.38 are valued close to their industries’ norm against book — neither stands out from peers.

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

EMR

Capital Goods industry group

4.38

Max: 9.66
Q3: 5.00
EMR: 4.38
Median: 3.12
Q1: 1.81
Min: -1.08

Carrier Global (CARR) vs. Emerson Electric (EMR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and Emerson Electric (EMR)
Metric	CARR	EMR
P/E Ratio (TTM)	--	33.89
P/S Ratio (TTM)	1.88	4.77
P/B Ratio (MRQ)	4.27	4.38
Free Cash Flow Yield (TTM)	4.54%	3.85%