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%-1.6pp | 49.5%+5.6pp | 51.3%+7.8pp | 49.5%+7.4pp | 46.3%-0.7pp | |
| Net margin | 48.7%-34.5pp | 68.5%+4.7pp | 86.6%+40.3pp | 84.6%+47.1pp | 83.2%+49.4pp | |
| EBITDA margin | 67.8%+1.7pp | 72.2%+10.7pp | 73.6%+15.4pp | 70.9%+16.2pp | 66.1%+7.9pp | |
| Returns | ||||||
| Return on equity | 73.9%-77.8pp | 108.6%-11.6pp | 146.1%+57.4pp | 148.9%+74.7pp | 151.7%+79.1pp | |
| Return on assets | 27.9%-23.5pp | 39.2%-1.1pp | 51.2%+22.1pp | 51.4%+28.0pp | 51.4%+29.5pp | |
| Return on invested capital | 29.4%-1.2pp | 28.2%-3.1pp | 26.7%-8.0pp | 29.5%-3.4pp | 30.6%-9.7pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×-0.2× | 2.3×-0.2× | 2.4×-0.2× | 2.4×-0.1× | 2.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 4.6×-0.1× | 4.7×-0.1× | 4.8×-1.6× | 4.7×-2.2× | 4.6×-2.8× | |
| Quick ratio | 3.2×-0.3× | 3.2×-0.3× | 3.3×-1.8× | 3.4×-2.2× | 3.4×-2.6× | |
| Cash ratio | 0.8×-0.4× | 0.9×-0.2× | 1.2×-0.9× | 1.2×-1.2× | 1.2×-1.4× | |
| Leverage | ||||||
| Debt-to-equity | 3.4×-0.5× | 3.3×-1.4× | 3.4×-1.9× | 3.6×-1.8× | 3.9×-1.5× | |
| Debt-to-assets | 1.3×-0.2× | 1.3×-0.3× | 1.3×-0.3× | 1.4×-0.3× | 1.5×-0.2× | |
| Net debt / EBITDA | 11.7×-1.4× | 10.4×-6.6× | 10×-6.3× | 11.1×-4.3× | 13.1×+0.2× | |
| Per Share | ||||||
| Book value per share | $67.37+5.6% | $67.16+10.7% | $66.57+20.1% | $65.73+34.3% | $63.78+47.3% | |
| Valuation | ||||||
| Market capitalization | $204.47B-16.7% | $212.21B-12.6% | $228.95B-0.4% | $250.78B+23.2% | $245.38B+30.2% | |
| Enterprise value | $247.27B-15.1% | $253.55B-14.4% | $269.84B-3.0% | $293.85B+20.1% | $291.38B+30.8% | |
| Price / earnings | 94.2×+36.0× | 67.8×-21.7× | 48.7×-64.3× | 56.9×-73.7× | 58.1×-74.8× | |
| Price / sales | 9.3×-2.0× | 9.6×-1.9× | 10.3×-1.0× | 11.3×+0.6× | 11.3×+0.9× | |
| Price / book | 14.1×-2.9× | 14.6×-2.9× | 15.7×-2.9× | 17.1×-2.1× | 17×-3.3× | |
| EV / EBITDA | 66.6×-15.7× | 63.4×-28.6× | 65.8×-27.8× | 75.6×-18.5× | 82.4×-3.8× | |
| EV / sales | 11.2×-2.2× | 11.4×-2.6× | 12.1×-1.6× | 13.2×+0.4× | 13.4×+1.2× | |
| Earnings yield | 20.4%-10.0pp | 28.1%+5.8pp | 33.9%+17.8pp | 30.9%+17.0pp | 30.4%+17.2pp | |
| Dividend yield | 6%+1.6pp | 5.7%+1.3pp | 5%+0.5pp | 4.5%-0.4pp | 4.4%-0.7pp |
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.
