CARR vs. QXO: Carrier Global vs. QXO Stock Comparison
How do Carrier Global (CARR) and QXO (QXO) 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 QXO (QXO) both fall under the Capital Goods industry group, but CARR is classified in Building Products while QXO is classified in Trading Companies & Distributors.
| Profile Item | CARR | QXO |
|---|---|---|
| Name | Carrier Global Corp. | QXO Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Building Products | Trading Companies & Distributors |
| GICS Sub-Industry | Building Products | Trading Companies & Distributors |
| Market Capitalization | 42.86 billion USD | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 19, 2020 | April 17, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CARR | QXO |
|---|---|---|
| Total Return (1Y) | -4.90% | -19.11% |
| Total Return (3Y, Annualized) | 3.62% | -16.39% |
| Total Return (5Y, Annualized) | 1.11% | -17.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CARR | QXO |
|---|---|---|
| Volatility (1Y, Annualized) | 35.35% | 68.10% |
| Beta (5Y) | 1.32 | 2.28 |
| Max Drawdown (5Y) | -39.75% | -95.70% |
| Avg. Volume (3M) | 6.08M | 19.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CARR | QXO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | -0.34 |
| Sortino Ratio (1Y) | -0.36 | -0.55 |
Profitability
ROE (TTM)
Both Carrier Global (CARR) at -13.44% and QXO (QXO) at -4.60% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.
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%
QXO
Capital Goods industry group
-4.60%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- QXO
- -4.60%
- Min
- -17.12%
Net Margin (TTM)
Both Carrier Global (CARR) at -7.90% and QXO (QXO) at -5.17% report negative net margin values, usually indicating net losses over the period.
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%
QXO
Capital Goods industry group
-5.17%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- QXO
- -5.17%
- Min
- -12.89%
Operating Margin (TTM)
Carrier Global (CARR) at 11.00% runs core operations around its industry’s norm, while QXO (QXO) at 1.29% operates in the bottom quartile.
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%
QXO
Capital Goods industry group
1.29%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- QXO
- 1.29%
- Min
- -12.63%
Profitability Metrics
| Metric | CARR | QXO |
|---|---|---|
| ROE (TTM) | -13.44% | -4.60% |
| ROA (TTM) | 3.43% | -0.27% |
| Net Margin (TTM) | -7.90% | -5.17% |
| Operating Margin (TTM) | 11.00% | 1.29% |
| Gross Margin (TTM) | 24.38% | 24.54% |
Growth
Revenue Growth
QXO (QXO) at 11,924.96% delivers above-range revenue growth, while Carrier Global (CARR) at -3.29% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Neither side shows strong earnings momentum: Carrier Global (CARR) at -72.03% sits in the bottom EPS growth quartile, and QXO (QXO) at -672.73% is weaker still, below its industry range.
Growth Metrics
| Metric | CARR | QXO |
|---|---|---|
| Revenue Growth (YoY) | -3.29% | 11,924.96% |
| Revenue Growth (3Y CAGR) | 7.95% | 433.80% |
| EPS Growth (YoY) | -72.03% | -672.73% |
| EPS Growth (3Y CAGR) | -25.14% | -- |
Financial Strength
Current Ratio (MRQ)
QXO (QXO) at 4.12 carries current ratio above its industry’s typical mid-range, while Carrier Global (CARR) at 1.00 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
QXO
Capital Goods industry group
4.12
- Max
- 5.22
- QXO
- 4.12
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
QXO (QXO) 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
QXO
Capital Goods industry group
0.57
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- QXO
- 0.57
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | CARR | QXO |
|---|---|---|
| Current Ratio (MRQ) | 1.00 | 4.12 |
| Debt / Equity (MRQ) | 1.14 | 0.57 |
| Net Debt / EBITDA | 3.24 | 7.20 |
Dividends
Dividend Yield (TTM)
QXO (QXO) 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%
QXO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
QXO (QXO) 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%
QXO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CARR | QXO |
|---|---|---|
| Dividend Yield (TTM) | 1.80% | 0.00% |
| Dividend Payout Ratio (TTM) | 67.39% | 0.00% |
Valuation
P/E Ratio (TTM)
Neither Carrier Global (CARR) nor QXO (QXO) reports a P/E ratio value for this period, so a direct comparison isn’t possible.
CARR
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- CARR
- --
QXO
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- QXO
- --
P/S Ratio (TTM)
On P/S ratio, both Carrier Global (CARR) at 1.88 and QXO (QXO) at 1.21 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
QXO
Capital Goods industry group
1.21
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- QXO
- 1.21
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
QXO (QXO) at 0.90 sits in the lower P/B ratio quartile against book while Carrier Global (CARR) at 4.27 is valued near its industry’s middle — QXO is cheaper on assets, though weigh it against ROE and asset quality.
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
QXO
Capital Goods industry group
0.90
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- QXO
- 0.90
- Min
- -1.08
Valuation Metrics
| Metric | CARR | QXO |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 1.88 | 1.21 |
| P/B Ratio (MRQ) | 4.27 | 0.90 |
| Free Cash Flow Yield (TTM) | 4.54% | -21.23% |