CARR vs. GGG: Carrier Global vs. Graco Stock Comparison

November 11, 2026

How do Carrier Global (CARR) and Graco (GGG) 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 Graco (GGG) both fall under the Capital Goods industry group, but CARR is classified in Building Products while GGG is classified in Machinery.

Graco (GGG) has more than two decades of public-market history since March 17, 1980, 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 Graco (GGG)
Profile Item	CARR	GGG
Name	Carrier Global Corp.	Graco Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Machinery
GICS Sub-Industry	Building Products	Industrial Machinery & Supplies & Components
Market Capitalization	42.86 billion USD	10.88 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 19, 2020	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CARR

GGG

GSPC

Carrier Global (CARR) vs. Graco (GGG), 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 Graco (GGG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
Total Return (1Y)	-4.90%	-12.76%
Total Return (3Y, Annualized)	3.62%	-1.59%
Total Return (5Y, Annualized)	1.11%	-1.14%

Risk Profile

Drawdown History

CARR

GGG

GSPC

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

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
Volatility (1Y, Annualized)	35.35%	26.08%
Beta (5Y)	1.32	0.87
Max Drawdown (5Y)	-39.75%	-29.55%
Avg. Volume (3M)	6.08M	1.99M

Risk-Adjusted Performance

Risk-Return Positioning

CARR and GGG 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 Graco (GGG)
Metric	CARR	GGG
Sharpe Ratio (1Y)	-0.26	-0.65
Sortino Ratio (1Y)	-0.36	-0.80

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 Graco (GGG) reports 20.38%, 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%

GGG

Capital Goods industry group

20.38%

Max: 40.55%
GGG: 20.38%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Carrier Global (CARR) vs. Graco (GGG): 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 Graco (GGG) reports 22.40%, 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%

GGG

Capital Goods industry group

22.40%

Max: 27.47%
GGG: 22.40%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Graco (GGG) at 25.26% 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%

GGG

Capital Goods industry group

25.26%

Max: 36.60%
GGG: 25.26%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
ROE (TTM)	-13.44%	20.38%
ROA (TTM)	3.43%	12.02%
Net Margin (TTM)	-7.90%	22.40%
Operating Margin (TTM)	11.00%	25.26%
Gross Margin (TTM)	24.38%	51.96%

Growth

Revenue Growth

Graco (GGG) at 5.83% 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.

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

EPS Growth

Graco (GGG) at 9.22% 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. Graco (GGG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
Revenue Growth (YoY)	-3.29%	5.83%
Revenue Growth (3Y CAGR)	7.95%	1.43%
EPS Growth (YoY)	-72.03%	9.22%
EPS Growth (3Y CAGR)	-25.14%	5.01%

Financial Strength

Current Ratio (MRQ)

Graco (GGG) at 2.13 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.

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

GGG

Capital Goods industry group

2.13

Max: 5.22
Q3: 2.95
GGG: 2.13
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Graco (GGG) at 0.07 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

GGG

Capital Goods industry group

0.07

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
GGG: 0.07
Min: 0.00

Carrier Global (CARR) vs. Graco (GGG): 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 Graco (GGG)
Metric	CARR	GGG
Current Ratio (MRQ)	1.00	2.13
Debt / Equity (MRQ)	1.14	0.07
Net Debt / EBITDA	3.24	0.03

Dividends

Dividend Yield (TTM)

Both Carrier Global (CARR) at 1.80% and Graco (GGG) at 1.74% offer top-quartile dividend income relative to share price within their industries.

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%

GGG

Capital Goods industry group

1.74%

Max: 2.66%
GGG: 1.74%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Carrier Global (CARR) vs. Graco (GGG): 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 Graco (GGG) at 37.42% 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%

GGG

Capital Goods industry group

37.42%

Max: 67.39%
GGG: 37.42%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
Dividend Yield (TTM)	1.80%	1.74%
Dividend Payout Ratio (TTM)	67.39%	37.42%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Graco (GGG) trades at 21.89 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: --

GGG

Capital Goods industry group

21.89

Max: 59.38
Q3: 35.92
Median: 25.41
GGG: 21.89
Q1: 19.47
Min: 3.03

Carrier Global (CARR) vs. Graco (GGG): CARR does not report P/E ratio, so it has no value marker; GGG 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 Graco (GGG) at 4.71 sits in the pricier quartile — GGG 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

GGG

Capital Goods industry group

4.71

Max: 7.54
GGG: 4.71
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Carrier Global (CARR) vs. Graco (GGG): 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 Graco (GGG) at 4.41 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

GGG

Capital Goods industry group

4.41

Max: 9.66
Q3: 5.00
GGG: 4.41
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and Graco (GGG)
Metric	CARR	GGG
P/E Ratio (TTM)	--	21.89
P/S Ratio (TTM)	1.88	4.71
P/B Ratio (MRQ)	4.27	4.41
Free Cash Flow Yield (TTM)	4.54%	3.94%