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CARR vs. NVT: Carrier Global vs. nVent Electric Stock Comparison

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

Company profile comparison for Carrier Global (CARR) and nVent Electric (NVT)
Profile ItemCARRNVT
NameCarrier Global Corp.nVent Electric plc
Country/RegionUnited StatesUnited Kingdom
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsElectrical Equipment
GICS Sub-IndustryBuilding ProductsElectrical Components & Equipment
Market Capitalization42.86 billion USD17.16 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 19, 2020April 24, 2018
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CARR
NVT
GSPC
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Carrier Global (CARR) vs. nVent Electric (NVT), 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 nVent Electric (NVT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
Total Return (1Y)-4.90%2.86%
Total Return (3Y, Annualized)3.62%32.72%
Total Return (5Y, Annualized)1.11%26.96%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
Volatility (1Y, Annualized)35.35%53.94%
Beta (5Y)1.321.41
Max Drawdown (5Y)-39.75%-46.67%
Avg. Volume (3M)6.08M2.54M

Risk-Adjusted Performance

Risk-Return Positioning

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CARR and NVT 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 nVent Electric (NVT)
MetricCARRNVT
Sharpe Ratio (1Y)-0.26-0.03
Sortino Ratio (1Y)-0.36-0.03

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 nVent Electric (NVT) reports 17.42%, 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%

NVT

Capital Goods industry group

17.42%

Max
40.55%
Q3
19.29%
NVT
17.42%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Carrier Global (CARR) vs. nVent Electric (NVT): 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 nVent Electric (NVT) reports 12.83%, 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%

NVT

Capital Goods industry group

12.83%

Max
27.47%
NVT
12.83%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

nVent Electric (NVT) at 18.75% 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%

NVT

Capital Goods industry group

18.75%

Max
36.60%
NVT
18.75%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
ROE (TTM)-13.44%17.42%
ROA (TTM)3.43%7.88%
Net Margin (TTM)-7.90%12.83%
Operating Margin (TTM)11.00%18.75%
Gross Margin (TTM)24.38%36.17%

Growth

Revenue Growth

nVent Electric (NVT) at 29.51% sits in the top revenue growth quartile, while Carrier Global (CARR) at -3.29% is in the bottom quartile, showing a clear gap in revenue momentum.

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

EPS Growth

nVent Electric (NVT) at 118.78% delivers above-range EPS growth, while Carrier Global (CARR) at -72.03% falls into the bottom quartile — a wide split in earnings momentum.

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

Growth Metrics

Growth metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
Revenue Growth (YoY)-3.29%29.51%
Revenue Growth (3Y CAGR)7.95%19.26%
EPS Growth (YoY)-72.03%118.78%
EPS Growth (3Y CAGR)-25.14%21.89%

Financial Strength

Current Ratio (MRQ)

nVent Electric (NVT) at 2.40 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

NVT

Capital Goods industry group

2.40

Max
5.22
Q3
2.95
NVT
2.40
Median
2.08
Q1
1.43
Min
0.36
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

nVent Electric (NVT) at 0.57 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

NVT

Capital Goods industry group

0.57

Max
2.33
Q3
1.12
Median
0.60
NVT
0.57
Q1
0.29
Min
0.00
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Carrier Global (CARR) vs. nVent Electric (NVT): 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 nVent Electric (NVT)
MetricCARRNVT
Current Ratio (MRQ)1.002.40
Debt / Equity (MRQ)1.140.57
Net Debt / EBITDA3.241.05

Dividends

Dividend Yield (TTM)

Carrier Global (CARR) at 1.80% delivers top-quartile income for its industry, while nVent Electric (NVT) at 0.84% 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%

NVT

Capital Goods industry group

0.84%

Max
2.66%
Q3
1.14%
NVT
0.84%
Median
0.24%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

nVent Electric (NVT) at 20.15% 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%

NVT

Capital Goods industry group

20.15%

Max
67.39%
Q3
28.02%
NVT
20.15%
Median
6.86%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
Dividend Yield (TTM)1.80%0.84%
Dividend Payout Ratio (TTM)67.39%20.15%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: nVent Electric (NVT) trades at 25.78 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
--

NVT

Capital Goods industry group

25.78

Max
59.38
Q3
35.92
NVT
25.78
Median
25.41
Q1
19.47
Min
3.03
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Carrier Global (CARR) vs. nVent Electric (NVT): CARR does not report P/E ratio, so it has no value marker; NVT is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and nVent Electric (NVT) at 3.24 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

NVT

Capital Goods industry group

3.24

Max
7.54
Q3
3.76
NVT
3.24
Median
2.15
Q1
1.03
Min
0.03
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Carrier Global (CARR) vs. nVent Electric (NVT): 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 nVent Electric (NVT) at 4.17 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

NVT

Capital Goods industry group

4.17

Max
9.66
Q3
5.00
NVT
4.17
Median
3.12
Q1
1.81
Min
-1.08
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Carrier Global (CARR) vs. nVent Electric (NVT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and nVent Electric (NVT)
MetricCARRNVT
P/E Ratio (TTM)--25.78
P/S Ratio (TTM)1.883.24
P/B Ratio (MRQ)4.274.17
Free Cash Flow Yield (TTM)4.54%2.93%