AOS vs CARR

A. O. Smith (AOS) and Carrier Global (CARR) compared side by side. Carrier Global (CARR) is larger, with a market cap of $46.4B versus $8.4B for A. O. Smith, about 5.5 times the size. On trailing earnings, AOS is cheaper at 17.2x versus 40.8x for CARR.

Head to head

MetricAOSCARR
Market cap$8.4B$46.4B
P/E (TTM)17.2x40.8x
Forward P/E15.3x17.0x
Revenue (TTM)—$22.1B
Revenue growth—3.9%
Gross margin—24.7%
Operating margin—13.1%
Free cash flow$639.4M$1.9B
Dividend yield2.47%1.71%
1-year return-8.7%-0.0%
5-year return (annual)+0.3%+2.0%
Max drawdown-66%-41%
FI Handbook gradeB+C

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$10.0K
$15.0K
20222023202420252026
AOSCARR

AOS vs CARR FAQ

Which is bigger, AOS or CARR?

Carrier Global (CARR) is larger, with a market cap of $46.4B versus $8.4B for A. O. Smith, about 5.5 times the size.

Is AOS or CARR cheaper?

On trailing earnings, AOS is cheaper at 17.2x versus 40.8x for CARR. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, AOS or CARR?

CARR returned -0.0% over the past year including dividends, versus -8.7% for AOS, through October 23, 2026.

Which pays a higher dividend, AOS or CARR?

AOS yields 2.47% versus 1.71% for CARR.

Full pages: A. O. Smith · Carrier Global