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

Carrier Global (CARR) has 8 years of Operating Margin data on file, last reported at 4.85% in Q1 2026.

• Operating Margin for Q1 2026 came in at 4.85%, down 721.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.24% (down 473.0% YoY), and the FY2025 annual result was 9.99%, down 178.0% from the prior year.
• Operating Margin improved to 4.85% in Q1 2026 per CARR's latest filing, from 2.09% in the prior quarter.
• Over five years, Operating Margin peaked at 37.32% in Q1 2022 and troughed at 4.97% in Q4 2022.
• A 5-year average of 12.48% and a median of 12.2% in 2024 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2023: Operating Margin soared 2517 bps in 2022, then slumped 2714 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 4.97% in 2022, then jumped by 351 bps to 12.49% in 2023, then climbed by 20 bps to 15.03% in 2024, then sank by 86 bps to 2.09% in 2025, then jumped by 132 bps to 4.85% in 2026.
• Business Quant data shows CARR's Operating Margin at 4.85% in Q1 2026, 2.09% in Q4 2025, and 9.66% in Q3 2025.