Carrier Global (CARR) vs Lennox International (LII)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Carrier Global (CARR) has outperformed Lennox International (LII) over the past year, losing 7.1% versus a loss of 33.9%. Over five years, LII leads with a +15.9% price change compared with +2.9% for CARR. Carrier Global is the larger company by market cap ($45.30 billion vs $12.25 billion), about 3.7 times the size, while Lennox International is growing revenue faster (-2.7% vs -3.3%).
On valuation, Lennox International trades at a lower forward P/E (13.6x vs 16.6x for Carrier Global). Carrier Global offers the higher dividend yield (1.72% vs 1.48%). Lennox International converts more of its revenue into profit, with a net margin of 15.5% 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 | LII |
|---|---|---|
| Share price | $54.96 | $354.35 |
| Market cap | $45.30B | $12.25B |
| 1-day change | -0.07% | -1.14% |
| YTD return | +4.09% | -26.19% |
| 1-year return | -7.06% | -33.87% |
| 5-year return | +2.94% | +15.93% |
| P/E ratio (TTM) | 39.83 | 15.62 |
| Forward P/E | 16.59 | 13.62 |
| EPS (TTM) | $1.38 | $22.68 |
| Dividend yield | 1.72% | 1.48% |
| Annual dividend | $0.945 | $5.26 |
| Revenue (latest FY) | $21.75B | $5.20B |
| Revenue growth (YoY) | -3.29% | -2.73% |
| Net income (latest FY) | $1.48B | $805.80M |
| Gross margin | — | 33.39% |
| Operating margin | 9.99% | 20.05% |
| Net margin | 6.82% | 15.51% |
| 52-week high | $76.76 | $587.27 |
| 52-week low | $50.24 | $350.22 |
| Distance from 52-week high | -28.40% | -39.66% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +36.97% | +33.38% |
| Average volume | 6.44M | 515.21K |
| Shares outstanding | 824.33M | 34.56M |
| Employees | 47,000 | 5,400 |
| 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 is about 3.7 times larger than Lennox International by market value ($45.30B vs $12.25B).
- CARR has outperformed LII by 26.8 percentage points over the past year.
- Carrier Global trades at a higher earnings multiple (39.8x vs 15.6x trailing P/E).
- Lennox International is more profitable, keeping 15.5 cents of every revenue dollar as net income versus 6.8 cents for Carrier Global.
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 Lennox International
LII stock →Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils, air handlers, and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Supco, Linebacker, Elite series, Merit Series, Comfort Sync, Healthy Climate, Healthy Climate Solutions, iComfort, ComfortSense, and Lennox Stores name.
Industrials · Industrial Machinery/Components · 5,400 employees
CARR vs LII FAQ
Which is bigger, Carrier Global or Lennox International?
Carrier Global (CARR) is larger, with a market capitalization of $45.30B compared with $12.25B for Lennox International (LII).
Which stock has performed better over the past year, CARR or LII?
CARR returned -7.06% over the past 12 months, compared with -33.87% for LII (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CARR or LII?
LII has the lower trailing P/E at 15.6, versus 39.8 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 Lennox International?
Carrier Global has the higher yield at 1.72%, compared with 1.48% for Lennox International.
Are Carrier Global and Lennox International in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.