CARR vs. SUNB: Carrier Global vs. Sunbelt Rentals Stock Comparison

November 11, 2026

How do Carrier Global (CARR) and Sunbelt Rentals (SUNB) 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 Sunbelt Rentals (SUNB) both fall under the Capital Goods industry group, but CARR is classified in Building Products while SUNB is classified in Trading Companies & Distributors.

Carrier Global (CARR) has traded publicly since March 19, 2020, giving it several years of listed trading history, while Sunbelt Rentals (SUNB) only listed on March 2, 2026 and has a limited public-market record.

Company profile comparison for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Profile Item	CARR	SUNB
Name	Carrier Global Corp.	Sunbelt Rentals Holdings, 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	31.57 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 19, 2020	March 2, 2026
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CARR

SUNB

GSPC

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB), 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 Sunbelt Rentals (SUNB). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Total Return (1Y)	-4.90%	--
Total Return (3Y, Annualized)	3.62%	--
Total Return (5Y, Annualized)	1.11%	--

Risk Profile

Drawdown History

CARR

SUNB

GSPC

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

Risk Metrics

Risk profile metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Volatility (1Y, Annualized)	35.35%	45.72%
Beta (5Y)	1.32	1.10
Max Drawdown (5Y)	-39.75%	-22.53%
Avg. Volume (3M)	6.08M	4.96M

Risk-Adjusted Performance

Risk-Return Positioning

Both CARR and SUNB need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Sharpe Ratio (1Y)	-0.26	--
Sortino Ratio (1Y)	-0.36	--

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 Sunbelt Rentals (SUNB) reports 18.37%, 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%

SUNB

Capital Goods industry group

18.37%

Max: 40.55%
Q3: 19.29%
SUNB: 18.37%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): 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 Sunbelt Rentals (SUNB) reports 12.12%, 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%

SUNB

Capital Goods industry group

12.12%

Max: 27.47%
SUNB: 12.12%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Sunbelt Rentals (SUNB) at 22.38% 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%

SUNB

Capital Goods industry group

22.38%

Max: 36.60%
SUNB: 22.38%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
ROE (TTM)	-13.44%	18.37%
ROA (TTM)	3.43%	6.71%
Net Margin (TTM)	-7.90%	12.12%
Operating Margin (TTM)	11.00%	22.38%
Gross Margin (TTM)	24.38%	38.78%

Growth

Revenue Growth

Sunbelt Rentals (SUNB) at 3.36% 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.

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

EPS Growth

Sunbelt Rentals (SUNB) at -8.91% is around its peer norm for EPS growth, while Carrier Global (CARR) at -72.03% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Revenue Growth (YoY)	-3.29%	3.36%
Revenue Growth (3Y CAGR)	7.95%	4.88%
EPS Growth (YoY)	-72.03%	-8.91%
EPS Growth (3Y CAGR)	-25.14%	-4.89%

Financial Strength

Current Ratio (MRQ)

Both Carrier Global (CARR) at 1.00 and Sunbelt Rentals (SUNB) at 0.95 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

SUNB

Capital Goods industry group

0.95

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
SUNB: 0.95
Min: 0.36

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Carrier Global (CARR) at 1.14 and Sunbelt Rentals (SUNB) at 1.53 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

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

SUNB

Capital Goods industry group

1.53

Max: 2.33
SUNB: 1.53
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): 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 Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Current Ratio (MRQ)	1.00	0.95
Debt / Equity (MRQ)	1.14	1.53
Net Debt / EBITDA	3.24	3.93

Dividends

Dividend Yield (TTM)

Both Carrier Global (CARR) at 1.80% and Sunbelt Rentals (SUNB) at 1.87% 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%

SUNB

Capital Goods industry group

1.87%

Max: 2.66%
SUNB: 1.87%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Sunbelt Rentals (SUNB) at 22.63% 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%

SUNB

Capital Goods industry group

22.63%

Max: 67.39%
Q3: 28.02%
SUNB: 22.63%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
Dividend Yield (TTM)	1.80%	1.87%
Dividend Payout Ratio (TTM)	67.39%	22.63%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Sunbelt Rentals (SUNB) trades at 23.28 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: --

SUNB

Capital Goods industry group

23.28

Max: 59.38
Q3: 35.92
Median: 25.41
SUNB: 23.28
Q1: 19.47
Min: 3.03

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): CARR does not report P/E ratio, so it has no value marker; SUNB is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Carrier Global (CARR) at 1.88 and Sunbelt Rentals (SUNB) at 2.75 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

SUNB

Capital Goods industry group

2.75

Max: 7.54
Q3: 3.76
SUNB: 2.75
Median: 2.15
Q1: 1.03
Min: 0.03

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): 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 Sunbelt Rentals (SUNB) at 4.24 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

SUNB

Capital Goods industry group

4.24

Max: 9.66
Q3: 5.00
SUNB: 4.24
Median: 3.12
Q1: 1.81
Min: -1.08

Carrier Global (CARR) vs. Sunbelt Rentals (SUNB): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Carrier Global (CARR) and Sunbelt Rentals (SUNB)
Metric	CARR	SUNB
P/E Ratio (TTM)	--	23.28
P/S Ratio (TTM)	1.88	2.75
P/B Ratio (MRQ)	4.27	4.24
Free Cash Flow Yield (TTM)	4.54%	5.47%