Carrier Global CARR Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 44.8%-4.7pp | 49.5%-1.8pp | 51.3%+1.8pp | 49.5%+3.2pp | 46.3%+2.5pp | |
| Net margin | 48.7%-19.8pp | 68.5%-18.1pp | 86.6%+2.0pp | 84.6%+1.4pp | 83.2%+19.3pp | |
| EBITDA margin | 67.8%-4.4pp | 72.2%-1.4pp | 73.6%+2.7pp | 70.9%+4.8pp | 66.1%+4.6pp | |
| Returns | ||||||
| Return on equity | 73.9%-34.7pp | 108.6%-37.5pp | 146.1%-2.8pp | 148.9%-2.7pp | 151.7%+31.5pp | |
| Return on assets | 27.9%-11.3pp | 39.2%-12.0pp | 51.2%-0.2pp | 51.4%0.0pp | 51.4%+11.1pp | |
| Return on invested capital | 29.4%+1.2pp | 28.2%+1.5pp | 26.7%-2.8pp | 29.5%-1.1pp | 30.6%-0.6pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×0.0× | 2.3×-0.1× | 2.4×-0.1× | 2.4×0.0× | 2.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.6×-0.2× | 4.7×-0.1× | 4.8×+0.1× | 4.7×+0.1× | 4.6×-0.2× | |
| Quick ratio | 3.2×-0.1× | 3.2×-0.1× | 3.3×-0.1× | 3.4×0.0× | 3.4×-0.2× | |
| Cash ratio | 0.8×-0.1× | 0.9×-0.3× | 1.2×0.0× | 1.2×0.0× | 1.2×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 3.4×+0.1× | 3.3×-0.1× | 3.4×-0.2× | 3.6×-0.3× | 3.9×-0.7× | |
| Debt-to-assets | 1.3×0.0× | 1.3×-0.1× | 1.3×-0.1× | 1.4×-0.1× | 1.5×-0.1× | |
| Net debt / EBITDA | 11.7×+1.3× | 10.4×+0.5× | 10×-1.1× | 11.1×-2.0× | 13.1×-3.9× | |
| Per Share | ||||||
| Book value per share | $67.37+0.3% | $67.16+0.9% | $66.57+1.3% | $65.73+3.1% | $63.78+5.2% | |
| Valuation | ||||||
| Market capitalization | $204.47B-3.6% | $212.21B-7.3% | $228.95B-8.7% | $250.78B+2.2% | $245.38B+1.0% | |
| Enterprise value | $247.27B-2.5% | $253.55B-6.0% | $269.84B-8.2% | $293.85B+0.8% | $291.38B-1.7% | |
| Price / earnings | 94.2×+26.4× | 67.8×+19.1× | 48.7×-8.2× | 56.9×-1.2× | 58.1×-31.3× | |
| Price / sales | 9.3×-0.3× | 9.6×-0.7× | 10.3×-1.1× | 11.3×0.0× | 11.3×-0.2× | |
| Price / book | 14.1×-0.4× | 14.6×-1.1× | 15.7×-1.4× | 17.1×+0.1× | 17×-0.5× | |
| EV / EBITDA | 66.6×+3.2× | 63.4×-2.4× | 65.8×-9.8× | 75.6×-6.7× | 82.4×-9.6× | |
| EV / sales | 11.2×-0.2× | 11.4×-0.6× | 12.1×-1.2× | 13.2×-0.2× | 13.4×-0.6× | |
| Earnings yield | 20.4%-7.7pp | 28.1%-5.8pp | 33.9%+3.1pp | 30.9%+0.5pp | 30.4%+8.0pp | |
| Dividend yield | 6%+0.4pp | 5.7%+0.6pp | 5%+0.5pp | 4.5%0.0pp | 4.4%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Carrier Global's profit margins?
- Carrier Global (CARR) runs a 26.6% gross margin and a 8.2% operating margin, with a 6.0% net margin.
- Where do Carrier Global's ratios come from?
- Every ratio is computed from Carrier Global's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
