CARR vs LII

Carrier Global (CARR) and Lennox International (LII) compared side by side. Carrier Global (CARR) is larger, with a market cap of $46.4B versus $13.0B for Lennox International, about 3.6 times the size. On trailing earnings, LII is cheaper at 16.6x versus 40.8x for CARR.

Head to head

MetricCARRLII
Market cap$46.4B$13.0B
P/E (TTM)40.8x16.6x
Forward P/E17.0x14.6x
Revenue (TTM)$22.1B$5.3B
Revenue growth3.9%3.0%
Gross margin24.7%33.3%
Operating margin13.1%22.9%
Free cash flow$1.9B$738.7M
Dividend yield1.71%1.45%
1-year return-0.0%-23.1%
5-year return (annual)+2.0%+5.1%
Max drawdown-41%-63%
FI Handbook gradeCB

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

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

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CARRLII

CARR vs LII FAQ

Which is bigger, CARR or LII?

Carrier Global (CARR) is larger, with a market cap of $46.4B versus $13.0B for Lennox International, about 3.6 times the size.

Is CARR or LII cheaper?

On trailing earnings, LII is cheaper at 16.6x 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, CARR or LII?

CARR returned -0.0% over the past year including dividends, versus -23.1% for LII, through October 23, 2026.

Which pays a higher dividend, CARR or LII?

CARR yields 1.71% versus 1.45% for LII.

Full pages: Carrier Global · Lennox International