Carrier Global (CARR) vs Ingersoll Rand (IR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Ingersoll Rand (IR) has outperformed Carrier Global (CARR) over the past year, losing 3.7% versus a loss of 6.6%. Over five years, IR leads with a +47.1% price change compared with +4.5% for CARR. Carrier Global is the larger company by market cap ($46.02 billion vs $30.26 billion), about 1.5 times the size, while Ingersoll Rand is growing revenue faster (+5.7% vs -3.3%).
On valuation, Carrier Global trades at a lower forward P/E (16.9x vs 19.9x for Ingersoll Rand). Carrier Global offers the higher dividend yield (1.69% vs 0.15%). Ingersoll Rand converts more of its revenue into profit, with a net margin of 7.6% versus 6.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CARR | IR |
|---|---|---|
| Share price | $55.83 | $78.00 |
| Market cap | $46.02B | $30.26B |
| 1-day change | +1.51% | +0.98% |
| YTD return | +5.66% | -1.54% |
| 1-year return | -6.64% | -3.69% |
| 5-year return | +4.49% | +47.10% |
| P/E ratio (TTM) | 40.46 | 32.10 |
| Forward P/E | 16.85 | 19.94 |
| EPS (TTM) | $1.38 | $2.43 |
| Dividend yield | 1.69% | 0.15% |
| Annual dividend | $0.945 | $0.12 |
| Revenue (latest FY) | $21.75B | $7.65B |
| Revenue growth (YoY) | -3.29% | +5.75% |
| Net income (latest FY) | $1.48B | $581.40M |
| Gross margin | — | 43.61% |
| Operating margin | 9.99% | 14.96% |
| Net margin | 6.82% | 7.60% |
| 52-week high | $76.76 | $100.96 |
| 52-week low | $50.24 | $68.07 |
| Distance from 52-week high | -27.27% | -22.74% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +34.84% | +21.42% |
| Average volume | 6.44M | 4.32M |
| Shares outstanding | 824.33M | 388.00M |
| Employees | 47,000 | 21,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Carrier Global trades at a higher earnings multiple (40.5x vs 32.1x trailing P/E).
- Carrier Global offers a meaningfully higher dividend yield (1.69% vs 0.15%).
- Ingersoll Rand grew revenue faster in its latest fiscal year (+5.75% vs -3.29%).
About Carrier Global
CARR stock →Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation.
Industrials · Industrial Machinery/Components · 47,000 employees
About Ingersoll Rand
IR stock →Ingersoll Rand Inc. provides mission-critical air, fluid, clean energy, and medical technologies services and solutions worldwide.
Industrials · Industrial Machinery/Components · 21,000 employees
CARR vs IR FAQ
Which is bigger, Carrier Global or Ingersoll Rand?
Carrier Global (CARR) is larger, with a market capitalization of $46.02B compared with $30.26B for Ingersoll Rand (IR).
Which stock has performed better over the past year, CARR or IR?
IR returned -3.69% over the past 12 months, compared with -6.64% for CARR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CARR or IR?
IR has the lower trailing P/E at 32.1, versus 40.5 for CARR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carrier Global or Ingersoll Rand?
Carrier Global has the higher yield at 1.69%, compared with 0.15% for Ingersoll Rand.
Are Carrier Global and Ingersoll Rand in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.