Carrier Global (CARR) Return on Capital Employed (2020 - 2026)
Carrier Global (CARR) reported Return on Capital Employed of 6.3% for Q1 2026, down 336.0% year-over-year from 2.67% in Q1 2025, and down 11.48% on a QoQ basis from 7.12% in Q4 2025.
Carrier Global (CARR) has 7 years of Return on Capital Employed data on file, last reported at 6.3% in Q1 2026.
- Quarterly Return on Capital Employed fell 336.0% year-over-year to 6.3% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.3% (down 336.0% YoY) and the FY2025 annual result came in at 7.2%, down 252.0% from the prior year.
- Return on Capital Employed fell to 6.3% in Q1 2026 per CARR's latest filing, from 7.12% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 24.58% in Q3 2022 and bottomed at 6.3% in Q1 2026.
- The 5-year median for Return on Capital Employed is 9.51% (2023), against an average of 11.89%.
- The widest annual swing landed in 2022, when Return on Capital Employed jumped 718 bps; it then sank 1699 bps in 2023.
- Tracing CARR's Return on Capital Employed over 5 years: stood at 20.24% in 2022, then sank by 53 bps to 9.51% in 2023, then fell by 10 bps to 8.56% in 2024, then dropped by 17 bps to 7.12% in 2025, then dropped by 11 bps to 6.3% in 2026.
- Per Business Quant, the three latest CARR Return on Capital Employed figures stand at 6.3% (Q1 2026), 7.12% (Q4 2025), and 9.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 26.55% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 11.49% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 6.30% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 35.83% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.86% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 18.08% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 11.43% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 11.39% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 16.23% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.30% |
| Dec 31, 2025 | 7.12% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 10.35% |
| Mar 31, 2025 | 9.66% |
| Dec 31, 2024 | 8.56% |
| Sep 30, 2024 | 8.05% |
| Jun 30, 2024 | 7.21% |
| Mar 31, 2024 | 7.40% |
| Dec 31, 2023 | 9.51% |
| Sep 30, 2023 | 7.59% |
| Jun 30, 2023 | 12.62% |
| Mar 31, 2023 | 13.34% |
| Dec 31, 2022 | 20.24% |
| Sep 30, 2022 | 24.58% |
| Jun 30, 2022 | 20.93% |
| Mar 31, 2022 | 19.39% |
| Dec 31, 2021 | 13.67% |
| Sep 30, 2021 | 17.40% |
| Jun 30, 2021 | 18.68% |
| Mar 31, 2021 | 16.83% |
| Dec 31, 2020 | 15.19% |
| Sep 30, 2020 | 12.11% |
| Jun 30, 2020 | 10.62% |
| Mar 31, 2020 | 12.99% |