Carrier Global (CARR) Return on Equity [ROE] (2019 - 2026)
Carrier Global (CARR) reported Return on Equity [ROE] of -14.00% for Q3 2026, down 41.42 percentage points from 27.43% a year earlier and down 23.70 percentage points from the prior quarter.
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Analysis
Carrier Global (CARR) Return on Equity [ROE] (2019 - 2026) Analysis & Trends
For FY2025, Carrier Global posted Return on Equity [ROE] of 11.13%, down 37.66 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of -7.97 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 48.79% in FY2024 (+31.93 pp), 16.86% in FY2023 (-30.39 pp), 47.25% in FY2022 (+22.37 pp) and 24.88% in FY2021 (+5.79 pp).
- The Q3 2026 figure ranks as the lowest quarterly Return on Equity [ROE] in data going back to Q4 2019.
- Year over year, Return on Equity [ROE] has now declined in each of the last four quarters, with an average year-over-year change of -7.98 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q1 2025 (a gain of 28.13 percentage points); the low point was Q3 2026 (a drop of 41.42 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 9.70% (Q2 2026), 10.13% (Q1 2026) and 10.96% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 35.73% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 21.08% |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -14.00% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 49.81% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | - |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 5.17% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | - |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 32.21% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 47.02% |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 4.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -14.00% |
| Jun 30, 2026 | 9.70% |
| Mar 31, 2026 | 10.13% |
| Dec 31, 2025 | 10.96% |
| Sep 30, 2025 | 27.43% |
| Jun 30, 2025 | 28.21% |
| Mar 31, 2025 | 40.96% |
| Dec 31, 2024 | 38.78% |
| Sep 30, 2024 | 24.57% |
| Jun 30, 2024 | 26.77% |
| Mar 31, 2024 | 12.84% |
| Dec 31, 2023 | 16.45% |
| Sep 30, 2023 | 15.24% |
| Jun 30, 2023 | 26.62% |
| Mar 31, 2023 | 31.24% |
| Dec 31, 2022 | 46.13% |
| Sep 30, 2022 | 50.34% |
| Jun 30, 2022 | 38.64% |
| Mar 31, 2022 | 37.12% |
| Dec 31, 2021 | 23.76% |
API Access
Carrier Global Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CARR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();