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EV / EBITDA at other companies

EMCOR Group logo
EMCOR GroupEME
16.3×+5.5×
Johnson Controls International logo
Johnson Controls InternationalJCI
24.3×+5.9×
Comfort Systems USA logo
Comfort Systems USAFIX
22.9×+5.1×
Lennox International logo
Lennox InternationalLII
15.4×-3.3×
Trane Technologies logo
Trane TechnologiesTT
22.3×+2.6×
APi Group logo
APi GroupAPG
29.7×+7.5×

Other financials

Income statement

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Revenue$5.3B+2.4%
Operating income$259.0M-58.8%
Net income$238.0M-42.2%
EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%
Total debt$12.8B+9.6%
Total equity$13.8B-2.8%
Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%
CapEx$94.0M+49.2%
Free cash flow-$15.0M-104%

Valuation

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Market cap$57.72B-14.1%
Enterprise value$69.19B-9.7%
P/E44.1×+32.4×
P/S2.6×-0.4×

Profitability

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Gross margin26.6%-0.6pp
Operating margin8.2%-4.7pp
Net margin6%-19.8pp

Returns & leverage

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Return on equity9.4%-34.7pp
Debt / equity0.9×+0.1×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Carrier Global’s reported figures.

Based on the most recent quarter.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's EV / EBITDA?
Carrier Global (CARR) reported EV / EBITDA of 18.9× in Q1 2026.
How has Carrier Global's EV / EBITDA changed year-over-year?
Carrier Global's EV / EBITDA increased by 20.4% year-over-year, from 15.7× to 18.9×.
What is the long-term trend for Carrier Global's EV / EBITDA?
Over 4 years (2021 to 2025), Carrier Global's EV / EBITDA has grown at a 2.9% compound annual growth rate (CAGR), from 56.6× to 63.4×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.