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Carrier Global CARR Return on equity

Return on equity at other companies

EMCOR Group logo
EMCOR GroupEME
39.2%+1.5pp
Johnson Controls International logo
Johnson Controls InternationalJCI
24.1%+8.2pp
Comfort Systems USA logo
Comfort Systems USAFIX
53.3%+15.5pp
Lennox International logo
Lennox InternationalLII
75.8%-43.9pp
Trane Technologies logo
Trane TechnologiesTT
36%-2.0pp
APi Group logo
APi GroupAPG
10%+0.9pp

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$57.72B-14.1%
Enterprise value$69.19B-9.7%
P/E44.1×+32.4×
P/S2.6×-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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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 equity?
Carrier Global (CARR) reported return on equity of 9.4% in Q1 2026.
How has Carrier Global's return on equity changed year-over-year?
Carrier Global's return on equity decreased by 78.7% year-over-year, from 44% to 9.4%.
What is the long-term trend for Carrier Global's return on equity?
Over 4 years (2021 to 2025), Carrier Global's return on equity has grown at a -8.1% compound annual growth rate (CAGR), from 152.1% to 108.6%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.