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% quarter-over-quarter from 7.12% in Q4 2025.
Carrier Global (CARR) Return on Capital Employed (2020 - 2026) Analysis & Trends
Carrier Global (CARR) has 7 years of Return on Capital Employed data on file, last reported at 6.3% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 6.3%, down 336.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.3% (down 336.0% YoY), and the FY2025 annual result was 7.2%, down 252.0% from the prior year.
- Return on Capital Employed declined to 6.3% in Q1 2026 per CARR's latest filing, from 7.12% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 24.58% in Q3 2022 and troughed at 6.3% in Q1 2026.
- A 5-year average of 11.89% and a median of 9.51% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 718 bps in 2022, then tumbled 1699 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 20.24% in 2022, then tumbled by 53 bps to 9.51% in 2023, then decreased by 10 bps to 8.56% in 2024, then fell by 17 bps to 7.12% in 2025, then fell by 11 bps to 6.3% in 2026.
- Business Quant data shows CARR's Return on Capital Employed at 6.3% in Q1 2026, 7.12% in Q4 2025, and 9.32% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 26.55% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 11.49% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 6.30% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 35.83% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.86% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 18.08% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 11.39% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 16.23% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 11.43% |
| 10 | Owens Corning | 10.30 Bn | 10.07 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% |