Carrier Global (CARR) FCF Margin (2019 - 2026)
Carrier Global (CARR) reported FCF Margin of 0.52% for Q1 2026, down 867.0% year-over-year from 0.07% in Q1 2025, and down 101.94% on a QoQ basis from 27.0% in Q4 2025.
Carrier Global (CARR) has 8 years of FCF Margin data on file, last reported at 0.52% in Q1 2026.
- Quarterly FCF Margin fell 867.0% year-over-year to 0.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.63% (up 74.0% YoY) and the FY2025 annual result came in at 9.75%, up 507.0% from the prior year.
- FCF Margin fell to 0.52% in Q1 2026 per CARR's latest filing, from 27.0% in the prior quarter.
- Across five years, FCF Margin topped out at 51.67% in Q4 2022 and bottomed at 5.54% in Q1 2022.
- The 5-year median for FCF Margin is 5.98% (2023), against an average of 9.15%.
- The widest annual swing landed in 2022, when FCF Margin surged 3658 bps; it then tumbled 4044 bps in 2023.
- Tracing CARR's FCF Margin over 5 years: stood at 51.67% in 2022, then plunged by 78 bps to 11.24% in 2023, then tumbled by 75 bps to 2.84% in 2024, then surged by 852 bps to 27.0% in 2025, then tumbled by 102 bps to 0.52% in 2026.
- Per Business Quant, the three latest CARR FCF Margin figures stand at 0.52% (Q1 2026), 27.0% (Q4 2025), and 3.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 11.00% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 9.16% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -0.52% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | -3.47% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -5.89% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | -6.94% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | -10.18% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 1.99% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | -1.94% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | -17.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.52% |
| Dec 31, 2025 | 27.00% |
| Sep 30, 2025 | 3.71% |
| Jun 30, 2025 | 2.99% |
| Mar 31, 2025 | 8.14% |
| Dec 31, 2024 | 2.84% |
| Sep 30, 2024 | 8.47% |
| Jun 30, 2024 | 7.68% |
| Mar 31, 2024 | -1.05% |
| Dec 31, 2023 | 11.24% |
| Sep 30, 2023 | 19.61% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 1.11% |
| Dec 31, 2022 | 51.67% |
| Sep 30, 2022 | 12.82% |
| Jun 30, 2022 | -0.65% |
| Mar 31, 2022 | -5.54% |
| Dec 31, 2021 | 15.10% |
| Sep 30, 2021 | 9.46% |
| Jun 30, 2021 | 8.86% |
| Mar 31, 2021 | 2.79% |
| Dec 31, 2020 | 0.83% |
| Sep 30, 2020 | 17.59% |
| Jun 30, 2020 | 11.66% |
| Mar 31, 2020 | -0.03% |
| Dec 31, 2019 | 21.55% |
| Sep 30, 2019 | 11.78% |
| Jun 30, 2019 | 10.20% |
| Mar 31, 2019 | -5.18% |