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Carrier Global CARR Return on assets

Return on assets at other companies

EMCOR Group logo
EMCOR GroupEME
15.2%+1.0pp
Johnson Controls International logo
Johnson Controls InternationalJCI
8.7%+2.9pp
Comfort Systems USA logo
Comfort Systems USAFIX
21.3%+7.2pp
Lennox International logo
Lennox InternationalLII
20.5%-4.9pp
Trane Technologies logo
Trane TechnologiesTT
13.5%-0.4pp
APi Group logo
APi GroupAPG
3.8%+0.7pp

Other financials

Income statement

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Revenue$5.3B+2.4%
Operating income$259.0M-58.8%
Net income$238.0M-42.2%
EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%
Total debt$12.8B+9.6%
Total equity$13.8B-2.8%
Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%
CapEx$94.0M+49.2%
Free cash flow-$15.0M-104%

Valuation

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Market cap$59.64B-14.1%
Enterprise value$71.12B-9.7%
P/E45.5×+33.4×
P/S2.7×-0.4×

Profitability

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Gross margin26.6%-0.6pp
Operating margin8.2%-4.7pp
Net margin6%-19.8pp

Returns & leverage

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Return on equity9.4%-34.7pp
Debt / equity0.9×+0.1×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Carrier Global’s reported figures.

Based on trailing twelve months.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's return on assets?
Carrier Global (CARR) reported return on assets of 3.6% in Q1 2026.
How has Carrier Global's return on assets changed year-over-year?
Carrier Global's return on assets decreased by 76.1% year-over-year, from 14.9% to 3.6%.
What is the long-term trend for Carrier Global's return on assets?
Over 4 years (2021 to 2025), Carrier Global's return on assets has grown at a 2.7% compound annual growth rate (CAGR), from 35.2% to 39.2%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.