Growth Metrics

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 🔒
DateValue
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%