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CARR vs. OTIS: Carrier Global vs. Otis Worldwide Stock Comparison

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

Company profile comparison for Carrier Global (CARR) and Otis Worldwide (OTIS)
Profile ItemCARROTIS
NameCarrier Global Corp.Otis Worldwide Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsMachinery
GICS Sub-IndustryBuilding ProductsIndustrial Machinery & Supplies & Components
Market Capitalization42.86 billion USD30.06 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 19, 2020March 19, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CARR
OTIS
GSPC
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Carrier Global (CARR) vs. Otis Worldwide (OTIS), 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 Otis Worldwide (OTIS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
Total Return (1Y)-4.90%-10.81%
Total Return (3Y, Annualized)3.62%1.33%
Total Return (5Y, Annualized)1.11%0.66%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
Volatility (1Y, Annualized)35.35%23.24%
Beta (5Y)1.320.85
Max Drawdown (5Y)-39.75%-37.22%
Avg. Volume (3M)6.08M4.42M

Risk-Adjusted Performance

Risk-Return Positioning

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CARR and OTIS 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 Otis Worldwide (OTIS)
MetricCARROTIS
Sharpe Ratio (1Y)-0.26-0.65
Sortino Ratio (1Y)-0.36-0.92

Profitability

ROE (TTM)

Otis Worldwide (OTIS) has no ROE value reported for this period; Carrier Global (CARR) reports a negative figure of -13.44%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.

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%

OTIS

Capital Goods industry group

--

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
OTIS
--
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): OTIS does not report ROE, so it has no value marker; CARR is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Carrier Global (CARR) reports a negative net margin of -7.90%, usually indicating a net loss over the period. Meanwhile Otis Worldwide (OTIS) reports 10.28%, 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%

OTIS

Capital Goods industry group

10.28%

Max
27.47%
Q3
12.10%
OTIS
10.28%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Carrier Global (CARR) at 11.00% and Otis Worldwide (OTIS) at 15.97% 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%

OTIS

Capital Goods industry group

15.97%

Max
36.60%
Q3
18.33%
OTIS
15.97%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
ROE (TTM)-13.44%--
ROA (TTM)3.43%13.26%
Net Margin (TTM)-7.90%10.28%
Operating Margin (TTM)11.00%15.97%
Gross Margin (TTM)24.38%29.95%

Growth

Revenue Growth

Both Carrier Global (CARR) at -3.29% and Otis Worldwide (OTIS) at 1.19% 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. Otis Worldwide (OTIS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Otis Worldwide (OTIS) at -14.00% is around its peer norm for EPS growth, while Carrier Global (CARR) at -72.03% drops into the bottom quartile, signaling weaker earnings momentum.

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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
Revenue Growth (YoY)-3.29%1.19%
Revenue Growth (3Y CAGR)7.95%1.79%
EPS Growth (YoY)-72.03%-14.00%
EPS Growth (3Y CAGR)-25.14%5.74%

Financial Strength

Current Ratio (MRQ)

Both Carrier Global (CARR) at 1.00 and Otis Worldwide (OTIS) at 0.86 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

OTIS

Capital Goods industry group

0.86

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
OTIS
0.86
Min
0.36
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Carrier Global (CARR) carries debt-to-equity ratio of 1.14 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.

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

OTIS

Capital Goods industry group

--

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00
OTIS
--
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): OTIS does not report debt-to-equity ratio, so it has no value marker; CARR is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
Current Ratio (MRQ)1.000.86
Debt / Equity (MRQ)1.14--
Net Debt / EBITDA3.243.12

Dividends

Dividend Yield (TTM)

Both Carrier Global (CARR) at 1.80% and Otis Worldwide (OTIS) at 2.16% 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%

OTIS

Capital Goods industry group

2.16%

Max
2.66%
OTIS
2.16%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): 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 Otis Worldwide (OTIS) at 42.79% 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%

OTIS

Capital Goods industry group

42.79%

Max
67.39%
OTIS
42.79%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
Dividend Yield (TTM)1.80%2.16%
Dividend Payout Ratio (TTM)67.39%42.79%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Otis Worldwide (OTIS) trades at 19.64 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
--

OTIS

Capital Goods industry group

19.64

Max
59.38
Q3
35.92
Median
25.41
OTIS
19.64
Q1
19.47
Min
3.03
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): CARR does not report P/E ratio, so it has no value marker; OTIS is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and Otis Worldwide (OTIS) at 1.99 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

OTIS

Capital Goods industry group

1.99

Max
7.54
Q3
3.76
Median
2.15
OTIS
1.99
Q1
1.03
Min
0.03
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Carrier Global (CARR) reports 4.27, ranking against industry peers normally.

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

OTIS

Capital Goods industry group

-5.54

Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
OTIS
-5.54
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Carrier Global (CARR) vs. Otis Worldwide (OTIS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and Otis Worldwide (OTIS)
MetricCARROTIS
P/E Ratio (TTM)--19.64
P/S Ratio (TTM)1.881.99
P/B Ratio (MRQ)4.27-5.54
Free Cash Flow Yield (TTM)4.54%4.61%