Carrier Global's Share Price Rises 56% Over Five Years Despite Decline in Earnings

Carrier Global Corporation (NYSE:CARR) has seen its share price rise 56% over five years, falling short of the market average. The company's earnings per share dropped 1.6% per year during this period, despite revenue growth of 3.7%. The decline in earnings is not representative of the business change, and the modest 1.6% dividend yield is unlikely to be propping up the share price. Insider buying has been significant, but the revenue and earnings trends are more meaningful measures of the business.