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
DateValue
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%