CARR vs. SKX

Last updated Jun 13, 2026

CARR (Carrier Global Corporation) and SKX (Skechers U.S.A., Inc.) are both stocks. CARR operates in Building Products & Equipment (Industrials), while SKX operates in Footwear & Accessories (Consumer Cyclical). At a 0.40 correlation, their price movements are largely independent.

Performance

CARR vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carrier Global Corporation (CARR) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CARR

• 1D: 0.24%
• 1M: 8.10%
• YTD: 33.35%
• 6M: 33.09%
• 1Y: -0.12%
• 3Y*: 16.03%
• 5Y*: 10.28%
• 10Y*: —

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CARR vs. SKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CARR Carrier Global Corporation	33.35%	-21.57%	20.26%	41.47%	-22.68%	45.31%	176.86%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	60.23%

Correlation

The correlation between CARR and SKX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Apr 3, 2020	0.40

Over the past year, the correlation between CARR and SKX has dropped to 0.01 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.

Fundamentals

Market Cap CARR : $58.92B SKX : $9.55B
EPS CARR : $1.55 SKX : $4.40
PE Ratio CARR : 45.24 SKX : 14.35
PEG Ratio CARR : 0.67 SKX : 0.09
PS Ratio CARR : 2.73 SKX : 1.01
PB Ratio CARR : 4.27 SKX : 2.00
Total Revenue (TTM) CARR : $21.87B SKX : $9.41B
Gross Profit (TTM) CARR : $5.43B SKX : $4.96B
EBITDA (TTM) CARR : $3.15B SKX : $1.07B

Return for Risk

CARR vs. SKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CARR

CARR Risk / Return Rank: 39
CARR Sharpe Ratio Rank: 40
CARR Sortino Ratio Rank: 36
CARR Omega Ratio Rank: 36
CARR Calmar Ratio Rank: 41
CARR Martin Ratio Rank: 41

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CARR vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carrier Global Corporation (CARR) and Skechers U.S.A., Inc. (SKX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CARR	SKX	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	—	—
Sortino ratio: Return per unit of downside risk	0.17	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	-0.05	—	—
Martin ratio: Return relative to average drawdown	-0.08	—	—

Drawdowns

Drawdown Indicators

	CARR	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-40.82%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-37.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.82%	—	—
Current Drawdown Current decline from peak	-13.13%	—	—
Average Drawdown Average peak-to-trough decline	-14.21%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	24.10%	—	—

Volatility

Volatility by Period

	CARR	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.83%	—	—

Dividends

CARR vs. SKX - Dividend Comparison

CARR's dividend yield for the trailing twelve months is around 1.65%, while SKX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
CARR Carrier Global Corporation	1.65%	1.70%	1.16%	1.30%	1.54%	0.94%	0.74%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CARR vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between Carrier Global Corporation and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CARR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a gross profit of 1.24B and revenue of 5.34B. Therefore, the gross margin over that period was 23.3%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

CARR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported an operating income of 259.00M and revenue of 5.34B, resulting in an operating margin of 4.9%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

CARR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a net income of 238.00M and revenue of 5.34B, resulting in a net margin of 4.5%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both CARR and SKX in my portfolio?

CARR and SKX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.