Carrier Global (CARR) vs Teledyne Technologies (TDY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Teledyne Technologies (TDY) has outperformed Carrier Global (CARR) over the past year, gaining 2.9% versus a loss of 7.1%. Over five years, TDY leads with a +40.9% price change compared with +2.9% for CARR. Carrier Global is the larger company by market cap ($46.02 billion vs $28.04 billion), about 1.6 times the size, while Teledyne Technologies is growing revenue faster (+7.9% vs -3.3%).
On valuation, Carrier Global trades at a lower forward P/E (16.9x vs 22.6x for Teledyne Technologies). Carrier Global pays a dividend yielding 1.69%, while Teledyne Technologies does not currently pay one. Teledyne Technologies converts more of its revenue into profit, with a net margin of 14.6% 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 | TDY |
|---|---|---|
| Share price | $55.83 | $604.82 |
| Market cap | $46.02B | $28.04B |
| 1-day change | +1.51% | +0.11% |
| YTD return | +4.09% | +18.42% |
| 1-year return | -7.06% | +2.86% |
| 5-year return | +2.94% | +40.86% |
| P/E ratio (TTM) | 39.88 | 29.26 |
| Forward P/E | 16.85 | 22.58 |
| EPS (TTM) | $1.40 | $20.67 |
| Dividend yield | 1.69% | 0.00% |
| Annual dividend | $0.945 | $0.00 |
| Revenue (latest FY) | $21.75B | $6.12B |
| Revenue growth (YoY) | -3.29% | +7.86% |
| Net income (latest FY) | $1.48B | $894.80M |
| Gross margin | — | 42.76% |
| Operating margin | 9.99% | 18.80% |
| Net margin | 6.82% | 14.63% |
| 52-week high | $76.76 | $697.67 |
| 52-week low | $50.24 | $483.02 |
| Distance from 52-week high | -27.27% | -13.31% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +34.84% | +25.34% |
| Average volume | 6.44M | 322.16K |
| Shares outstanding | 824.33M | 46.36M |
| Employees | 47,000 | 15,800 |
| 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 (39.9x vs 29.3x trailing P/E).
- Carrier Global offers a meaningfully higher dividend yield (1.69% vs 0.00%).
- Teledyne Technologies is more profitable, keeping 14.6 cents of every revenue dollar as net income versus 6.8 cents for Carrier Global.
- Teledyne Technologies grew revenue faster in its latest fiscal year (+7.86% 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 Teledyne Technologies
TDY stock →Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectrum products, as well as micro-electromechanical systems and semiconductors, such as analog-to-digital and digital-to-analog converters.
Industrials · Industrial Machinery/Components · 15,800 employees
CARR vs TDY FAQ
Which is bigger, Carrier Global or Teledyne Technologies?
Carrier Global (CARR) is larger, with a market capitalization of $46.02B compared with $28.04B for Teledyne Technologies (TDY).
Which stock has performed better over the past year, CARR or TDY?
TDY returned +2.86% over the past 12 months, compared with -7.06% for CARR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CARR or TDY?
TDY has the lower trailing P/E at 29.3, versus 39.9 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 Teledyne Technologies?
Carrier Global pays a dividend yielding 1.69%, while Teledyne Technologies does not currently pay a regular dividend.
Are Carrier Global and Teledyne Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.