Carrier Global (CARR) EBT Margin (2019 - 2026)
Carrier Global's (CARR) quarterly EBT Margin came in at 11.35% in Q2 2026, down 193.0% year-over-year from 12.21% in Q2 2025, and up 256.67% quarter-over-quarter from 3.18% in Q1 2026.
Analysis
Carrier Global (CARR) EBT Margin (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported EBT Margin for 8 consecutive years, with 11.35% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 193.0% year-over-year to 11.35% in Q2 2026; TTM through Jun 2026 was 6.01%, a 656.0% decrease from a year earlier, with the FY2025 full-year figure at 8.27%, down 185.0% from the prior year.
- EBT Margin was 11.35% for Q2 2026 at Carrier Global, up from 3.18% in the prior quarter.
- Over five years, EBT Margin peaked at 36.27% in Q1 2022 and troughed at 4.67% in Q4 2022.
- A 5-year average of 11.13% and a median of 10.88% in 2023 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin jumped 2571 bps in 2022 and plunged 2500 bps in 2023, its largest moves.
- Over 5 years, EBT Margin stood at 4.67% in 2022, then soared by 350 bps to 11.68% in 2023, then gained by 15 bps to 13.46% in 2024, then slumped by 99 bps to 0.1% in 2025, then soared by 10882 bps to 11.35% in 2026.
- The last three EBT Margin figures came in at 11.35% (Q2 2026), 3.18% (Q1 2026), and 0.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 18.31% |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 13.86% |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 17.34% |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 11.35% |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 21.98% |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 15.05% |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 15.73% |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 10.02% |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | -1.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.35% |
| Mar 31, 2026 | 3.18% |
| Dec 31, 2025 | 0.10% |
| Sep 30, 2025 | 7.76% |
| Jun 30, 2025 | 13.28% |
| Mar 31, 2025 | 10.50% |
| Dec 31, 2024 | 13.46% |
| Sep 30, 2024 | 12.87% |
| Jun 30, 2024 | 9.56% |
| Mar 31, 2024 | 4.50% |
| Dec 31, 2023 | 11.68% |
| Sep 30, 2023 | 9.54% |
| Jun 30, 2023 | 8.14% |
| Mar 31, 2023 | 11.27% |
| Dec 31, 2022 | -4.67% |
| Sep 30, 2022 | 26.97% |
| Jun 30, 2022 | 14.53% |
| Mar 31, 2022 | 36.27% |
| Dec 31, 2021 | 7.89% |
| Sep 30, 2021 | 14.38% |