Carrier Global (CARR) EBT Margin (2019 - 2026)
Carrier Global (CARR) posted quarterly EBT Margin of 11.35% for 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.
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.
- In Q2 2026, EBT Margin fell 193.0% year-over-year to 11.35%; the TTM figure through Jun 2026 stood at 6.01% (down 656.0% YoY), while the FY2025 annual figure was 8.27%, down 185.0% from the prior year.
- EBT Margin rose to 11.35% in Q2 2026 per CARR's latest filing, from 3.18% in the prior quarter.
- Across five years, EBT Margin topped out at 36.27% in Q1 2022 and bottomed at 4.67% in Q4 2022.
- Historically, EBT Margin has averaged 11.13% across 5 years, with a median of 10.88% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin surged 2571 bps — and 2023, when it tumbled 2500 bps.
- Carrier Global's EBT Margin stood at 4.67% in 2022, then surged by 350 bps to 11.68% in 2023, then climbed by 15 bps to 13.46% in 2024, then slumped by 99 bps to 0.1% in 2025, then surged by 10882 bps to 11.35% in 2026.
- Business Quant data shows CARR's EBT Margin at 11.35% in Q2 2026, 3.18% in Q1 2026, and 0.1% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 18.31% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 13.86% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 11.35% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 22.09% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 21.25% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 21.98% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 14.99% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 22.87% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 15.05% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 26.89% |
Historic Data
Download 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% |