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EV / sales at other companies

SPX Technologies logo
SPX TechnologiesSPXC
4.5×+1.1×
EMCOR Group logo
EMCOR GroupEME
1.8×+0.7×
Aaon logo
AaonAAON
4.2×-0.9×
Johnson Controls International logo
Johnson Controls InternationalJCI
3.3×+0.6×
Comfort Systems USA logo
Comfort Systems USAFIX
3.4×+1.3×
Lennox International logo
Lennox InternationalLII
3.4×-0.6×

Other financials

Income statement

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Revenue$5.3B+2.4%
Gross profit$1.5B+15.9%
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$59.64B-14.1%
Enterprise value$71.12B-9.7%
P/E45.5×+33.4×
P/S2.7×-0.4×

Profitability

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Gross margin26.6%-0.6pp
Operating margin8.2%-4.7pp
Net margin6%-19.8pp
FCF margin7.7%

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 / sales?
Carrier Global (CARR) reported EV / sales of 2.7× in Q1 2026.
How has Carrier Global's EV / sales changed year-over-year?
Carrier Global's EV / sales decreased by 8.0% year-over-year, from 2.9× to 2.7×.
What is the long-term trend for Carrier Global's EV / sales?
Over 5 years (2020 to 2025), Carrier Global's EV / sales has grown at a 1.6% compound annual growth rate (CAGR), from 2.3× to 2.5×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.