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CARR vs. RTX: Carrier Global vs. RTX Stock Comparison

How do Carrier Global (CARR) and RTX (RTX) 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 RTX (RTX) both fall under the Capital Goods industry group, but CARR is classified in Building Products while RTX is classified in Aerospace & Defense.

RTX (RTX) has more than two decades of public-market history since April 2, 1962, 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 RTX (RTX)
Profile ItemCARRRTX
NameCarrier Global Corp.RTX Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsAerospace & Defense
GICS Sub-IndustryBuilding ProductsAerospace & Defense
Market Capitalization42.86 billion USD255.76 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 19, 2020April 2, 1962
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
Total Return (1Y)-4.90%12.51%
Total Return (3Y, Annualized)3.62%36.20%
Total Return (5Y, Annualized)1.11%19.14%

Risk Profile

Drawdown History

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

Risk Metrics

Carrier Global (CARR) has an aggressive beta of 1.32, indicating higher sensitivity to broad-market moves, while RTX (RTX) is defensive at 0.30 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
Volatility (1Y, Annualized)35.35%25.84%
Beta (5Y)1.320.30
Max Drawdown (5Y)-39.75%-32.84%
Avg. Volume (3M)6.08M4.59M

Risk-Adjusted Performance

Risk-Return Positioning

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CARR and RTX 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 RTX (RTX)
MetricCARRRTX
Sharpe Ratio (1Y)-0.260.32
Sortino Ratio (1Y)-0.360.48

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 RTX (RTX) reports 12.85%, 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%

RTX

Capital Goods industry group

12.85%

Max
40.55%
Q3
19.29%
RTX
12.85%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Carrier Global (CARR) vs. RTX (RTX): 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 RTX (RTX) reports 8.75%, 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%

RTX

Capital Goods industry group

8.75%

Max
27.47%
Q3
12.10%
RTX
8.75%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Carrier Global (CARR) vs. RTX (RTX): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Carrier Global (CARR) at 11.00% and RTX (RTX) at 15.54% 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%

RTX

Capital Goods industry group

15.54%

Max
36.60%
Q3
18.33%
RTX
15.54%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Carrier Global (CARR) vs. RTX (RTX): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
ROE (TTM)-13.44%12.85%
ROA (TTM)3.43%4.56%
Net Margin (TTM)-7.90%8.75%
Operating Margin (TTM)11.00%15.54%
Gross Margin (TTM)24.38%21.10%

Growth

Revenue Growth

RTX (RTX) at 9.74% 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.

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

EPS Growth

RTX (RTX) at 39.72% sits in the top EPS growth quartile, while Carrier Global (CARR) at -72.03% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
Revenue Growth (YoY)-3.29%9.74%
Revenue Growth (3Y CAGR)7.95%9.72%
EPS Growth (YoY)-72.03%39.72%
EPS Growth (3Y CAGR)-25.14%12.32%

Financial Strength

Current Ratio (MRQ)

Both Carrier Global (CARR) at 1.00 and RTX (RTX) at 1.05 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

RTX

Capital Goods industry group

1.05

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
RTX
1.05
Min
0.36
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Carrier Global (CARR) vs. RTX (RTX): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

RTX (RTX) at 0.55 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

RTX

Capital Goods industry group

0.55

Max
2.33
Q3
1.12
Median
0.60
RTX
0.55
Q1
0.29
Min
0.00
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Carrier Global (CARR) vs. RTX (RTX): 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 RTX (RTX)
MetricCARRRTX
Current Ratio (MRQ)1.001.05
Debt / Equity (MRQ)1.140.55
Net Debt / EBITDA3.241.75

Dividends

Dividend Yield (TTM)

Both Carrier Global (CARR) at 1.80% and RTX (RTX) at 1.47% 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%

RTX

Capital Goods industry group

1.47%

Max
2.66%
RTX
1.47%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. RTX (RTX): 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 RTX (RTX) at 45.85% 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%

RTX

Capital Goods industry group

45.85%

Max
67.39%
RTX
45.85%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Carrier Global (CARR) vs. RTX (RTX): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
Dividend Yield (TTM)1.80%1.47%
Dividend Payout Ratio (TTM)67.39%45.85%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: RTX (RTX) trades at 30.82 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
--

RTX

Capital Goods industry group

30.82

Max
59.38
Q3
35.92
RTX
30.82
Median
25.41
Q1
19.47
Min
3.03
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Carrier Global (CARR) vs. RTX (RTX): CARR does not report P/E ratio, so it has no value marker; RTX is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and RTX (RTX) at 2.66 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

RTX

Capital Goods industry group

2.66

Max
7.54
Q3
3.76
RTX
2.66
Median
2.15
Q1
1.03
Min
0.03
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Carrier Global (CARR) vs. RTX (RTX): 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 RTX (RTX) at 3.69 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

RTX

Capital Goods industry group

3.69

Max
9.66
Q3
5.00
RTX
3.69
Median
3.12
Q1
1.81
Min
-1.08
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Carrier Global (CARR) vs. RTX (RTX): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and RTX (RTX)
MetricCARRRTX
P/E Ratio (TTM)--30.82
P/S Ratio (TTM)1.882.66
P/B Ratio (MRQ)4.273.69
Free Cash Flow Yield (TTM)4.54%3.25%