Carrier Global (CARR) Return on Assets [ROA] (2020 - 2026)
Carrier Global's Return on Assets [ROA] came in at -4.71% for Q3 2026, down 15.41 percentage points from 10.69% a year earlier and down 8.26 percentage points from the prior quarter.
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Analysis
Carrier Global (CARR) Return on Assets [ROA] (2020 - 2026) Analysis & Trends
For FY2025, Carrier Global's Return on Assets [ROA] was 4.26%, down 12.00 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of -4.19 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 16.26% in FY2024 (+11.37 pp), 4.89% in FY2023 (-8.83 pp), 13.72% in FY2022 (+7.08 pp) and 6.64% in FY2021 (-1.81 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Assets [ROA] in data going back to Q1 2020.
- Year-over-year, Return on Assets [ROA] has declined for four consecutive quarters, with an average year-over-year change of -2.38 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q1 2025 (a gain of 12.21 percentage points), and the weakest in Q3 2026 (a drop of 15.41 percentage points).
- Business Quant data shows CARR's Return on Assets [ROA] at 3.55% (Q2 2026), 3.80% (Q1 2026) and 4.22% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 13.28% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 7.25% |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -4.71% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 17.84% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 14.35% |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 2.55% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 18.20% |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 12.77% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 11.72% |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 2.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.71% |
| Jun 30, 2026 | 3.55% |
| Mar 31, 2026 | 3.80% |
| Dec 31, 2025 | 4.22% |
| Sep 30, 2025 | 10.69% |
| Jun 30, 2025 | 11.00% |
| Mar 31, 2025 | 15.86% |
| Dec 31, 2024 | 14.71% |
| Sep 30, 2024 | 8.88% |
| Jun 30, 2024 | 8.56% |
| Mar 31, 2024 | 3.65% |
| Dec 31, 2023 | 4.85% |
| Sep 30, 2023 | 4.84% |
| Jun 30, 2023 | 8.46% |
| Mar 31, 2023 | 9.84% |
| Dec 31, 2022 | 13.94% |
| Sep 30, 2022 | 14.85% |
| Jun 30, 2022 | 11.64% |
| Mar 31, 2022 | 10.71% |
| Dec 31, 2021 | 6.55% |
API Access
Carrier Global Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();