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CARR vs. GNRC: Carrier Global vs. Generac Stock Comparison

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

Company profile comparison for Carrier Global (CARR) and Generac (GNRC)
Profile ItemCARRGNRC
NameCarrier Global Corp.Generac Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsElectrical Equipment
GICS Sub-IndustryBuilding ProductsElectrical Components & Equipment
Market Capitalization42.86 billion USD10.43 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 19, 2020February 11, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CARR
GNRC
GSPC
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Carrier Global (CARR) vs. Generac (GNRC), 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 Generac (GNRC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
Total Return (1Y)-4.90%23.38%
Total Return (3Y, Annualized)3.62%23.05%
Total Return (5Y, Annualized)1.11%-15.31%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
Volatility (1Y, Annualized)35.35%59.48%
Beta (5Y)1.321.84
Max Drawdown (5Y)-39.75%-81.73%
Avg. Volume (3M)6.08M1.22M

Risk-Adjusted Performance

Risk-Return Positioning

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CARR and GNRC 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 Generac (GNRC)
MetricCARRGNRC
Sharpe Ratio (1Y)-0.260.32
Sortino Ratio (1Y)-0.360.50

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 Generac (GNRC) reports 10.64%, 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%

GNRC

Capital Goods industry group

10.64%

Max
40.55%
Q3
19.29%
Median
12.12%
GNRC
10.64%
Q1
4.08%
Min
-17.12%
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Carrier Global (CARR) vs. Generac (GNRC): 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 Generac (GNRC) reports 6.52%, 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%

GNRC

Capital Goods industry group

6.52%

Max
27.47%
Q3
12.10%
GNRC
6.52%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Carrier Global (CARR) vs. Generac (GNRC): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Carrier Global (CARR) at 11.00% and Generac (GNRC) at 11.67% 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%

GNRC

Capital Goods industry group

11.67%

Max
36.60%
Q3
18.33%
GNRC
11.67%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Carrier Global (CARR) vs. Generac (GNRC): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
ROE (TTM)-13.44%10.64%
ROA (TTM)3.43%4.24%
Net Margin (TTM)-7.90%6.52%
Operating Margin (TTM)11.00%11.67%
Gross Margin (TTM)24.38%38.18%

Growth

Revenue Growth

Both Carrier Global (CARR) at -3.29% and Generac (GNRC) at -2.02% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

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

EPS Growth

Both Carrier Global (CARR) at -72.03% and Generac (GNRC) at -50.09% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

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

Growth Metrics

Growth metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
Revenue Growth (YoY)-3.29%-2.02%
Revenue Growth (3Y CAGR)7.95%-2.67%
EPS Growth (YoY)-72.03%-50.09%
EPS Growth (3Y CAGR)-25.14%-20.83%

Financial Strength

Current Ratio (MRQ)

Generac (GNRC) at 1.97 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

GNRC

Capital Goods industry group

1.97

Max
5.22
Q3
2.95
Median
2.08
GNRC
1.97
Q1
1.43
Min
0.36
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Carrier Global (CARR) vs. Generac (GNRC): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Generac (GNRC) at 0.47 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

GNRC

Capital Goods industry group

0.47

Max
2.33
Q3
1.12
Median
0.60
GNRC
0.47
Q1
0.29
Min
0.00
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Carrier Global (CARR) vs. Generac (GNRC): 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 Generac (GNRC)
MetricCARRGNRC
Current Ratio (MRQ)1.001.97
Debt / Equity (MRQ)1.140.47
Net Debt / EBITDA3.241.65

Dividends

Dividend Yield (TTM)

Generac (GNRC) 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%

GNRC

Capital Goods industry group

0.00%

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

Dividend Payout Ratio (TTM)

Generac (GNRC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carrier Global (CARR) reports a payout of 67.39%, ranking against industry peers normally.

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%

GNRC

Capital Goods industry group

0.00%

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

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
Dividend Yield (TTM)1.80%0.00%
Dividend Payout Ratio (TTM)67.39%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Generac (GNRC) trades at 34.87 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
--

GNRC

Capital Goods industry group

34.87

Max
59.38
Q3
35.92
GNRC
34.87
Median
25.41
Q1
19.47
Min
3.03
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Carrier Global (CARR) vs. Generac (GNRC): CARR does not report P/E ratio, so it has no value marker; GNRC is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and Generac (GNRC) at 2.26 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

GNRC

Capital Goods industry group

2.26

Max
7.54
Q3
3.76
GNRC
2.26
Median
2.15
Q1
1.03
Min
0.03
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Carrier Global (CARR) vs. Generac (GNRC): 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 Generac (GNRC) at 3.46 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

GNRC

Capital Goods industry group

3.46

Max
9.66
Q3
5.00
GNRC
3.46
Median
3.12
Q1
1.81
Min
-1.08
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Carrier Global (CARR) vs. Generac (GNRC): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and Generac (GNRC)
MetricCARRGNRC
P/E Ratio (TTM)--34.87
P/S Ratio (TTM)1.882.26
P/B Ratio (MRQ)4.273.46
Free Cash Flow Yield (TTM)4.54%3.21%