Growth Metrics

Carrier Global (CARR) FCF Margin (2019 - 2025)

Carrier Global (CARR) has disclosed FCF Margin for 6 consecutive years, with 18.79% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin changed N/A to 18.79% in Q4 2025 year-over-year; TTM through Dec 2025 was 9.75%, a 950.0% increase, with the full-year FY2025 number at 9.75%, changed N/A from a year prior.
  • FCF Margin was 18.79% for Q4 2025 at Carrier Global, up from 4.02% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 24.1% in Q4 2023 to a low of 5.54% in Q1 2022.
  • A 5-year average of 7.99% and a median of 8.14% in 2025 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: soared 1427bps in 2021, then crashed -2007bps in 2024.
  • Carrier Global's FCF Margin stood at 15.1% in 2021, then soared by 32bps to 19.96% in 2022, then rose by 21bps to 24.1% in 2023, then tumbled by -119bps to 4.51% in 2024, then surged by 517bps to 18.79% in 2025.
  • Per Business Quant, the three most recent readings for CARR's FCF Margin are 18.79% (Q4 2025), 4.02% (Q3 2025), and 9.21% (Q2 2025).