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
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%