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% quarter-over-quarter from 27.0% in Q4 2025.
Carrier Global (CARR) FCF Margin (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has 8 years of FCF Margin data on file, last reported at 0.52% in Q1 2026.
- FCF Margin for Q1 2026 came in at 0.52%, down 867.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.63% (up 74.0% YoY), and the FY2025 annual result was 9.75%, up 507.0% from the prior year.
- FCF Margin declined to 0.52% in Q1 2026 per CARR's latest filing, from 27.0% in the prior quarter.
- Over five years, FCF Margin peaked at 51.67% in Q4 2022 and troughed at 5.54% in Q1 2022.
- A 5-year average of 9.15% and a median of 5.98% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 3658 bps in 2022, then sank 4044 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 51.67% in 2022, then slumped by 78 bps to 11.24% in 2023, then sank by 75 bps to 2.84% in 2024, then jumped by 852 bps to 27.0% in 2025, then sank by 102 bps to 0.52% in 2026.
- Business Quant data shows CARR's FCF Margin at 0.52% in Q1 2026, 27.0% in Q4 2025, and 3.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 11.00% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 9.16% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | -0.52% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | -3.47% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | -5.89% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | -6.94% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 1.99% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | -1.94% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | -10.18% |
| 10 | Owens Corning | 10.30 Bn | 10.07 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% |