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.

Carrier Global CARR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	8.2%-4.7pp	10%-1.8pp	12.9%+1.8pp	13.7%+3.2pp	13%+2.5pp
Net margin	6%-19.8pp	6.8%-18.1pp	18.1%+2.0pp	17.8%+1.4pp	25.8%+19.3pp
EBITDA margin	14.1%-4.4pp	15.8%-1.4pp	18.6%+2.7pp	19.2%+4.8pp	18.5%+4.6pp
Free cash flow margin	7.7%—	9.8%—	——	——	——
Returns
Return on equity	9.4%-34.7pp	10.4%-37.5pp	26.7%-2.8pp	27.5%-2.7pp	44%+31.5pp
Return on assets	3.6%-11.3pp	4%-12.0pp	10.2%-0.2pp	10.1%0.0pp	14.9%+11.1pp
Return on invested capital	7.3%+1.2pp	8.8%+1.5pp	6.4%-2.8pp	6.9%-1.1pp	6.1%-0.6pp
Efficiency
Asset turnover	0.6×0.0×	0.6×-0.1×	0.6×-0.1×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1.1×-0.2×	1.2×-0.1×	1.1×+0.1×	1.2×+0.1×	1.2×-0.2×
Quick ratio	0.7×-0.1×	0.9×-0.1×	0.8×-0.1×	0.8×0.0×	0.8×-0.2×
Cash ratio	0.2×-0.1×	0.2×-0.3×	0.2×0.0×	0.2×0.0×	0.2×+0.1×
Leverage
Debt-to-equity	0.9×+0.1×	0.9×-0.1×	0.8×-0.2×	0.8×-0.3×	0.8×-0.7×
Debt-to-assets	0.3×0.0×	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×
Net debt / EBITDA	3.7×+1.3×	3.1×+0.5×	2.6×-1.1×	2.4×-2.0×	2.4×-3.9×
Per Share
Book value per share	$16.38+1.3%	$16.38+3.8%	$17.28+5.1%	$17.33+12.7%	$16.17+24.0%
Valuation
Market capitalization	$47.04B-14.1%	$44.5B-27.3%	$50.81B-30.1%	$62.12B+9.5%	$54.78B+4.8%
Enterprise value	$58.52B-9.7%	$55.09B-22.8%	$61.35B-28.1%	$72.31B+3.5%	$64.8B-7.1%
Price / earnings	35.9×+26.4×	30×+19.1×	12.8×-8.2×	15.5×-1.2×	9.5×-31.3×
Price / sales	2.2×-0.3×	2×-0.7×	2.3×-1.1×	2.8×0.0×	2.5×-0.2×
Price / book	3.4×-0.4×	3.1×-1.1×	3.4×-1.4×	4.1×+0.1×	3.9×-0.5×
EV / EBITDA	18.9×+3.2×	16×-2.4×	14.9×-9.8×	16.7×-6.7×	15.7×-9.6×
EV / sales	2.7×-0.2×	2.5×-0.6×	2.8×-1.2×	3.2×-0.2×	2.9×-0.6×
Free cash flow yield	3.6%—	4.8%—	——	——	——
Earnings yield	2.8%-7.7pp	3.3%-5.8pp	7.8%+3.1pp	6.4%+0.5pp	10.5%+8.0pp
Dividend yield	1.6%+0.4pp	1.7%+0.6pp	1.5%+0.5pp	1.2%0.0pp	1.3%+0.1pp

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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.