STRL vs. CARR

Last updated Apr 1, 2026

Compare and contrast key facts about Sterling Construction Company, Inc. (STRL) and Carrier Global Corporation (CARR).

Performance

STRL vs. CARR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Construction Company, Inc. (STRL) and Carrier Global Corporation (CARR). The values are adjusted to include any dividend payments, if applicable.

STRL vs. CARR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
STRL Sterling Construction Company, Inc.	32.99%	81.79%	91.57%	168.08%	24.71%	41.32%	136.47%
CARR Carrier Global Corporation	7.02%	-21.57%	20.26%	41.47%	-22.68%	45.31%	124.99%

Fundamentals

Market Cap STRL : $12.69B CARR : $47.68B
EPS STRL : $9.37 CARR : $1.74
PE Ratio STRL : 43.46 CARR : 32.33
PEG Ratio STRL : 0.93 CARR : 0.48
PS Ratio STRL : 5.06 CARR : 2.22
PB Ratio STRL : 11.45 CARR : 3.45
Total Revenue (TTM) STRL : $2.49B CARR : $21.75B
Gross Profit (TTM) STRL : $572.31M CARR : $5.63B
EBITDA (TTM) STRL : $479.85M CARR : $2.79B

Returns By Period

In the year-to-date period, STRL achieves a 32.99% return, which is significantly higher than CARR's 7.02% return.

STRL

• 1D: 6.46%
• 1M: -4.87%
• YTD: 32.99%
• 6M: 19.90%
• 1Y: 259.75%
• 3Y*: 120.71%
• 5Y*: 77.46%
• 10Y*: 54.90%

CARR

• 1D: 3.59%
• 1M: -12.56%
• YTD: 7.02%
• 6M: -4.91%
• 1Y: -9.63%
• 3Y*: 8.79%
• 5Y*: 7.57%
• 10Y*: —

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

Return for Risk

STRL vs. CARR — Risk / Return Rank

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

STRL

STRL Risk / Return Rank: 97
STRL Sharpe Ratio Rank: 99
STRL Sortino Ratio Rank: 96
STRL Omega Ratio Rank: 96
STRL Calmar Ratio Rank: 98
STRL Martin Ratio Rank: 98

CARR

CARR Risk / Return Rank: 31
CARR Sharpe Ratio Rank: 30
CARR Sortino Ratio Rank: 27
CARR Omega Ratio Rank: 27
CARR Calmar Ratio Rank: 34
CARR Martin Ratio Rank: 36

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.

STRL vs. CARR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Construction Company, Inc. (STRL) and Carrier Global Corporation (CARR). 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.

	STRL	CARR	Difference
Sharpe ratio Return per unit of total volatility	4.39	-0.28	+4.66
Sortino ratio Return per unit of downside risk	3.82	-0.16	+3.98
Omega ratio Gain probability vs. loss probability	1.52	0.98	+0.54
Calmar ratio Return relative to maximum drawdown	8.08	-0.25	+8.34
Martin ratio Return relative to average drawdown	23.59	-0.42	+24.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STRL vs. CARR - Sharpe Ratio Comparison

The current STRL Sharpe Ratio is 4.39, which is higher than the CARR Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of STRL and CARR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	STRL	CARR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.39	-0.28	+4.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.54	0.25	+1.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.73	-0.49

Correlation

The correlation between STRL and CARR is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

STRL vs. CARR - Dividend Comparison

STRL has not paid dividends to shareholders, while CARR's dividend yield for the trailing twelve months is around 2.02%.

	TTM	2025	2024	2023	2022	2021	2020
STRL Sterling Construction Company, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CARR Carrier Global Corporation	2.02%	1.70%	1.16%	1.30%	1.54%	0.94%	0.74%

Drawdowns

STRL vs. CARR - Drawdown Comparison

The maximum STRL drawdown since its inception was -92.51%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for STRL and CARR.

Drawdown Indicators

	STRL	CARR	Difference
Max Drawdown Largest peak-to-trough decline	-92.51%	-40.82%	-51.69%
Max Drawdown (1Y) Largest decline over 1 year	-31.02%	-37.38%	+6.36%
Max Drawdown (5Y) Largest decline over 5 years	-47.67%	-40.82%	-6.85%
Max Drawdown (10Y) Largest decline over 10 years	-59.60%	—	—
Current Drawdown Current decline from peak	-11.41%	-30.28%	+18.87%
Average Drawdown Average peak-to-trough decline	-46.56%	-13.99%	-32.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.62%	22.44%	-11.82%

Volatility

STRL vs. CARR - Volatility Comparison

Sterling Construction Company, Inc. (STRL) has a higher volatility of 21.20% compared to Carrier Global Corporation (CARR) at 11.87%. This indicates that STRL's price experiences larger fluctuations and is considered to be riskier than CARR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STRL	CARR	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.20%	11.87%	+9.33%
Volatility (6M) Calculated over the trailing 6-month period	46.74%	22.42%	+24.32%
Volatility (1Y) Calculated over the trailing 1-year period	59.69%	34.94%	+24.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.46%	30.77%	+19.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.44%	33.04%	+17.40%

Financials

STRL vs. CARR - Profitability Comparison

The chart below illustrates the profitability comparison between Sterling Construction Company, Inc. and Carrier Global Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

STRL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sterling Construction Company, Inc. reported a gross profit of 164.12M and revenue of 755.61M. Therefore, the gross margin over that period was 21.7%.

CARR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Carrier Global Corporation reported a gross profit of 961.00M and revenue of 4.84B. Therefore, the gross margin over that period was 19.9%.

STRL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sterling Construction Company, Inc. reported an operating income of 119.97M and revenue of 755.61M, resulting in an operating margin of 15.9%.

CARR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Carrier Global Corporation reported an operating income of 101.00M and revenue of 4.84B, resulting in an operating margin of 2.1%.

STRL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sterling Construction Company, Inc. reported a net income of 87.60M and revenue of 755.61M, resulting in a net margin of 11.6%.

CARR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Carrier Global Corporation reported a net income of 62.00M and revenue of 4.84B, resulting in a net margin of 1.3%.