Carrier Global CARR
NYSE CARR
$56.52 -1.43 (-2.47%)
As of: Sep 10, 2026 · 1:20 PM EDT

Carrier Global (CARR) Net Margin (2019 - 2026)

Carrier Global's (CARR) quarterly Net Margin came in at 7.89% in Q2 2026, down 206.0% year-over-year from 7.44% in Q2 2025, and up 76.29% quarter-over-quarter from 4.47% in Q1 2026.

Analysis

Carrier Global (CARR) Net Margin (2019 - 2026) Analysis & Trends

Carrier Global (CARR) has reported Net Margin for 8 consecutive years, with 7.89% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 206.0% year-over-year to 7.89% in Q2 2026; TTM through Jun 2026 was 5.31%, a 152.0% decrease from a year earlier, with the FY2025 full-year figure at 6.69%, up 176.0% from the prior year.
  • Net Margin was 7.89% for Q2 2026 at Carrier Global, up from 4.47% in the prior quarter.
  • Over five years, Net Margin peaked at 29.63% in Q1 2022 and troughed at 5.43% in Q4 2022.
  • A 5-year average of 7.96% and a median of 7.59% in 2025 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin jumped 2146 bps in 2022 and sank 2137 bps in 2023, its largest moves.
  • Over 5 years, Net Margin stood at 5.43% in 2022, then soared by 278 bps to 9.66% in 2023, then tumbled by 110 bps to 0.93% in 2024, then soared by 162 bps to 0.58% in 2025, then surged by 1263 bps to 7.89% in 2026.
  • The last three Net Margin figures came in at 7.89% (Q2 2026), 4.47% (Q1 2026), and 0.58% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Trane Technologies 97.10 Bn 95.78 Bn 2.26 Bn 14.72%
2 Johnson Controls International 87.04 Bn 86.40 Bn 2.47 Bn 11.37%
3 Comfort Systems Usa 55.91 Bn 54.06 Bn 844.23 Mn 13.52%
4 Carrier Global 46.82 Bn 45.48 Bn 1.94 Bn 7.89%
5 Lennox International 12.95 Bn 12.90 Bn 539.50 Mn 17.41%
6 Modine Manufacturing 9.57 Bn 9.49 Bn - -
7 SPX Technologies 9.39 Bn 9.22 Bn 272.80 Mn 11.55%
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 12.44%
9 Aaon 6.31 Bn 6.31 Bn 152.49 Mn 9.04%
10 Csw Industrials 4.82 Bn 4.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.89%
Mar 31, 2026 4.47%
Dec 31, 2025 0.58%
Sep 30, 2025 7.30%
Jun 30, 2025 9.95%
Mar 31, 2025 7.90%
Dec 31, 2024 -0.93%
Sep 30, 2024 9.43%
Jun 30, 2024 6.99%
Mar 31, 2024 3.27%
Dec 31, 2023 9.66%
Sep 30, 2023 5.47%
Jun 30, 2023 3.84%
Mar 31, 2023 8.26%
Dec 31, 2022 -5.43%
Sep 30, 2022 24.07%
Jun 30, 2022 11.00%
Mar 31, 2022 29.63%
Dec 31, 2021 6.31%
Sep 30, 2021 8.78%