Carrier Global (CARR) EBT Margin (2019 - 2026)
Carrier Global's EBT Margin came in at 11.35% for Q2 2026, down 1.93 percentage points from 13.28% a year earlier but up 8.17 percentage points from the prior quarter.
Powered by 
Analysis
Carrier Global (CARR) EBT Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Carrier Global reported EBT Margin of 6.01%, down 6.56 percentage points year-over-year; for FY2025, it was 8.27%, down 1.85 percentage points from FY2024.
- EBT Margin has declined in each of the last three years, with a five-year change of -8.09 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 10.11% in FY2024 (-0.44 pp), 10.55% in FY2023 (-11.57 pp), 22.11% in FY2022 (+10.47 pp) and 11.64% in FY2021 (-4.71 pp).
- The five-year range for quarterly EBT Margin is -4.67% (Q4 2022) to 36.27% (Q1 2022).
- Year-over-year, EBT Margin has declined for four consecutive quarters, with an average year-over-year change of -1.61 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q1 2022 (a gain of 25.71 percentage points), and the weakest in Q1 2023 (a drop of 25.00 percentage points).
- Business Quant data shows CARR's EBT Margin at 3.18% (Q1 2026), 0.10% (Q4 2025) and 7.76% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 18.31% |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 13.86% |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 17.34% |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 11.35% |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 14.17% |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 10.67% |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 22.09% |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 19.79% |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 21.25% |
| 10 | Lennox International | 12.31 Bn | 12.11 Bn | 539.50 Mn | 21.98% |
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% |
API Access
Carrier Global EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();