Carrier Global CARR Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 49.5%+5.6pp | 43.9%-9.0pp | 52.9%-30.4pp | 83.3%+16.5pp | |
| Net margin | 68.5%+4.7pp | 63.8%+21.7pp | 42.1%-22.9pp | 65%+20.4pp | |
| EBITDA margin | 72.2%+10.7pp | 61.5%-1.5pp | 63%-27.1pp | 90.1%+16.3pp | |
| Returns | |||||
| Return on equity | 108.6%-11.6pp | 120.2%+28.3pp | 91.9%-81.6pp | 173.5%+21.3pp | |
| Return on assets | 39.2%-1.1pp | 40.3%+12.2pp | 28.1%-21.9pp | 50%+14.8pp | |
| Return on invested capital | 28.2%-3.1pp | 31.3%-19.3pp | 50.6%-40.9pp | 91.5%+26.0pp | |
| Efficiency | |||||
| Asset turnover | 2.3×-0.2× | 2.5×-0.1× | 2.6×-0.5× | 3.1×0.0× | |
| Liquidity | |||||
| Current ratio | 4.7×-0.1× | 4.8×-3.0× | 7.8×+1.1× | 6.7×-0.1× | |
| Quick ratio | 3.2×-0.3× | 3.6×-2.7× | 6.2×+1.3× | 4.9×-0.5× | |
| Cash ratio | 0.9×-0.2× | 1.1×-2.0× | 3.1×+0.8× | 2.2×+0.4× | |
| Leverage | |||||
| Debt-to-equity | 3.3×-1.4× | 4.7×-0.3× | 5×-0.1× | 5.1×-0.9× | |
| Debt-to-assets | 1.3×-0.3× | 1.6×+0.1× | 1.5×0.0× | 1.5×-0.1× | |
| Net debt / EBITDA | 10.4×-6.6× | 17.1×+8.5× | 8.6×+2.9× | 5.7×-3.0× | |
| Per Share | |||||
| Book value per share | $67.16+10.7% | $60.65+50.9% | $40.18+15.8% | $34.70+9.4% | |
| Valuation | |||||
| Market capitalization | $212.21B-12.6% | $242.87B+39.2% | $174.47B+31.3% | $132.91B-21.8% | |
| Enterprise value | $253.55B-14.4% | $296.31B+50.1% | $197.42B+25.0% | $157.87B-21.5% | |
| Price / earnings | 67.8×-21.7× | 89.5×-17.7× | 107.2×+64.1× | 43.1×-36.9× | |
| Price / sales | 9.6×-1.9× | 11.5×+1.5× | 10×+3.2× | 6.8×-1.8× | |
| Price / book | 14.6×-2.9× | 17.5×-2.8× | 20.3×+2.6× | 17.8×-6.3× | |
| EV / EBITDA | 63.4×-28.6× | 92×+17.3× | 74.7×+38.6× | 36.1×-20.4× | |
| EV / sales | 11.4×-2.6× | 14×+2.7× | 11.3×+3.2× | 8.1×-2.1× | |
| Earnings yield | 28.1%+5.8pp | 22.3%+5.0pp | 17.4%-21.4pp | 38.8%+17.9pp | |
| Dividend yield | 5.7%+1.3pp | 4.3%-1.0pp | 5.3%-0.5pp | 5.8%+2.6pp |
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.
