Carrier Global reported a gross margin of 30.59% and a net margin of 7.89% for the quarter ended Jun 2026. These financial ratios cover 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||
| Gross Margin | 40.61% | 38.26% | 35.58% | 35.46% | 34.53% | -55.22% | 23.46% | 27.27% | 39.49% | -4.73% | 30.94% | 31.48% | 31.78% | 10.37% | 31.62% | 32.67% | 30.17% | 25.64% | 28.12% | 30.59% | ||||||||||
| EBT Margin | 14.38% | 7.89% | 36.27% | 14.53% | 26.97% | -4.67% | 11.27% | 8.14% | 9.54% | 11.68% | 4.50% | 9.56% | 12.87% | 13.46% | 10.50% | 13.28% | 7.76% | 0.10% | 3.18% | 11.35% | ||||||||||
| EBIT Margin | 15.50% | 9.02% | 37.32% | 15.72% | 27.99% | -4.97% | 10.18% | 12.56% | 10.33% | 12.49% | 7.10% | 12.20% | 12.75% | 15.03% | 12.05% | 14.77% | 9.66% | 2.09% | 4.85% | 12.99% | ||||||||||
| EBITDA Margin | 15.50% | 9.02% | 37.32% | 15.72% | 27.99% | -4.97% | 10.18% | 12.56% | 10.33% | 12.49% | 7.10% | 12.20% | 12.75% | 15.03% | 12.05% | 14.77% | 9.66% | 2.09% | 4.85% | 12.99% | ||||||||||
| Operating Margin | 15.50% | 9.02% | 37.32% | 15.72% | 27.99% | -4.97% | 10.18% | 12.56% | 10.33% | 12.49% | 7.10% | 12.20% | 12.75% | 15.03% | 12.05% | 14.77% | 9.66% | 2.09% | 4.85% | 12.99% | ||||||||||
| Net Margin | 8.78% | 6.31% | 29.63% | 11.00% | 24.07% | -5.43% | 8.26% | 3.84% | 5.47% | 9.66% | 3.27% | 6.99% | 9.43% | -0.93% | 7.90% | 9.95% | 7.30% | 0.58% | 4.47% | 7.89% | ||||||||||
| FCF Margin | 9.46% | 15.10% | -5.54% | -0.65% | 12.82% | 51.67% | 1.11% | 5.98% | 19.61% | 19.46% | -1.05% | 9.22% | 6.95% | 2.84% | 8.14% | 9.21% | 4.02% | 18.79% | -0.28% | 12.75% | ||||||||||
| Efficiency | ||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 1.91B | 1.95B | 2.16B | 2.35B | 2.51B | 2.65B | 2.72B | 2.75B | 2.63B | 2.19B | 2.51B | 3.12B | 2.85B | 2.47B | 2.47B | 2.77B | 2.95B | 2.74B | 2.53B | 2.67B | ||||||||||
| Assets AverageAssets Avg. | 25.76B | 25.98B | 25.18B | 23.93B | 24.51B | 25.72B | 26.25B | 26.35B | 26.41B | 29.68B | 36.82B | 40.62B | 40.31B | 38.80B | 36.92B | 37.47B | 38.28B | 37.63B | 37.19B | 37.28B | ||||||||||
| Invested CapitalInvested Cap. | 16.91B | 16.79B | 15.99B | 15.56B | 16.35B | 16.92B | 17.32B | 17.08B | 17.29B | 23.30B | 28.80B | 27.40B | 27.47B | 26.76B | 25.38B | 26.46B | 26.75B | 25.96B | 25.96B | 25.42B | ||||||||||
| Asset Utilization RatioAsset Util. | 0.78 | 0.79 | 0.82 | 0.85 | 0.83 | 0.67 | 0.65 | 0.65 | 0.63 | 0.64 | 0.54 | 0.51 | 0.54 | 0.58 | 0.60 | 0.60 | 0.58 | 0.58 | 0.59 | 0.59 | ||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||
| Debt Ratio | 0.38 | 0.37 | 0.35 | 0.36 | 0.35 | 0.34 | 0.34 | 0.33 | 0.33 | 0.44 | 0.41 | 0.33 | 0.31 | 0.33 | 0.31 | 0.30 | 0.31 | 0.32 | 0.33 | 0.32 | ||||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 4.51 | 3.12 | 10.69 | 4.48 | 10.33 | -0.86 | 2.42 | 1.28 | 1.73 | 2.69 | 1.11 | 2.43 | 3.07 | -0.31 | 2.08 | 3.17 | 2.11 | 0.15 | 1.19 | 2.52 | ||||||||||
| FCF Payout RatioFCF Cover | 0.21 | 0.13 | -0.50 | -3.76 | 0.18 | 0.12 | 3.08 | 0.50 | 0.16 | 0.18 | -2.79 | 0.31 | 0.44 | 1.07 | 0.47 | 0.34 | 0.86 | 0.21 | -13.40 | 0.25 | ||||||||||
| Dividend YieldDiv. Yield | 0.23% | 0.22% | 0.33% | 0.43% | 0.43% | 0.36% | 0.40% | 0.37% | 0.34% | 0.32% | 0.30% | 0.30% | 0.25% | 0.26% | 0.36% | 0.31% | 0.38% | 0.43% | 0.43% | 0.33% | ||||||||||
| Payout Ratio | 0.22 | 0.32 | 0.09 | 0.22 | 0.10 | -1.17 | 0.41 | 0.78 | 0.58 | 0.37 | 0.90 | 0.41 | 0.33 | -3.25 | 0.48 | 0.32 | 0.47 | 6.75 | 0.84 | 0.40 | ||||||||||
| Valuation | ||||||||||||||||||||||||||||||
| Price to EarningsP/E | 95.64 | 144.48 | 28.22 | 52.37 | 22.67 | -321.78 | 102.40 | 209.24 | 171.54 | 115.71 | 295.91 | 137.22 | 128.05 | -0.00B | 131.93 | 102.44 | 123.54 | 0.00B | 195.69 | 120.69 | ||||||||||
| Price to SalesP/S | 8.40 | 9.12 | 8.36 | 5.76 | 5.46 | 17.46 | 8.45 | 8.04 | 9.39 | 11.18 | 9.66 | 9.60 | 12.07 | 11.65 | 10.42 | 10.19 | 9.01 | 9.13 | 8.76 | 9.52 | ||||||||||
| Price to BookP/B | 6.21 | 6.60 | 5.24 | 4.29 | 3.98 | 4.26 | 4.51 | 5.02 | 5.45 | 5.36 | 4.40 | 4.04 | 4.80 | 4.17 | 3.83 | 4.15 | 3.39 | 3.13 | 3.39 | 4.49 | ||||||||||
| Enterprise Value | 42.51B | 44.15B | 35.63B | 27.29B | 27.06B | 31.45B | 35.18B | 38.75B | 42.95B | 38.73B | 51.54B | 54.50B | 70.34B | 56.30B | 52.99B | 60.80B | 49.19B | 42.95B | 45.75B | 59.45B | ||||||||||
| EV to EBIT | 51.34 | 95.36 | 20.51 | 33.32 | 17.73 | -320.92 | 76.48 | 59.52 | 84.21 | 71.85 | 133.87 | 75.28 | 92.19 | 72.74 | 84.25 | 67.33 | 91.26 | 425.25 | 176.63 | 72.05 | ||||||||||
| EV to EBITDA | 51.34 | 95.36 | 20.51 | 33.32 | 17.73 | -320.92 | 76.48 | 59.52 | 84.21 | 71.85 | 133.87 | 75.28 | 92.19 | 72.74 | 84.25 | 67.33 | 91.26 | 425.25 | 176.63 | 72.05 | ||||||||||
| Market Capitalization | 44.85B | 46.81B | 38.91B | 30.01B | 29.74B | 34.43B | 38.19B | 41.64B | 46.32B | 48.25B | 52.38B | 56.95B | 72.22B | 59.96B | 54.35B | 62.29B | 50.28B | 44.18B | 46.77B | 60.46B | ||||||||||
| Price to FCFP/FCF | 88.82 | 60.40 | -150.81 | -882.67 | 42.54 | 33.79 | 763.88 | 134.32 | 47.85 | 57.44 | -918.87 | 104.11 | 173.60 | 410.65 | 127.89 | 110.63 | 224.46 | 48.60 | -0.00B | 74.65 | ||||||||||
| EV to FCF | 84.17 | 56.97 | -138.12 | -802.64 | 38.72 | 30.86 | 703.62 | 125.00 | 44.37 | 46.11 | -904.23 | 99.64 | 169.09 | 385.62 | 124.69 | 107.99 | 219.58 | 47.25 | -0.00B | 73.39 | ||||||||||
| EV to CFO | 73.41 | 48.36 | -176.41 | 852.81 | 34.26 | 28.01 | 293.17 | 100.91 | 41.26 | 36.47 | 0.00B | 83.21 | 138.47 | 155.10 | 108.60 | 94.41 | 144.24 | 41.30 | 579.09 | 64.13 | ||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 15.50% | 9.02% | 37.32% | 15.72% | 27.99% | -4.97% | 10.18% | 12.56% | 10.33% | 12.49% | 7.10% | 12.20% | 12.75% | 15.03% | 12.05% | 14.77% | 9.66% | 2.09% | 4.85% | 12.99% | ||||||||||
| Return on Capital Employed [ROCE]ROCE | 17.40% | 13.67% | 19.39% | 20.93% | 24.58% | 20.24% | 13.34% | 12.62% | 7.59% | 9.51% | 7.40% | 7.21% | 8.05% | 8.56% | 9.66% | 10.35% | 9.32% | 7.12% | 6.30% | 6.15% | ||||||||||
| Return on Invested Capital [ROIC]ROIC | 14.45% | 11.13% | 17.45% | 18.78% | 23.99% | 20.09% | 13.20% | 11.85% | 5.51% | 7.54% | 5.66% | 5.91% | 7.07% | 5.20% | 6.24% | 6.94% | 6.41% | 7.14% | 6.78% | 6.45% | ||||||||||
| Return on Assets [ROA]ROA | 8.76% | 6.55% | 10.71% | 11.64% | 14.85% | 12.47% | 8.41% | 7.03% | 3.41% | 4.85% | 3.65% | 8.56% | 8.88% | 14.71% | 15.86% | 11.00% | 10.69% | 4.22% | 3.80% | 3.55% |