CARRIER GLOBAL Corp (CARR) stock
CARRNYSEAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 5/3045% above fair value
$54.37−0.21 (-0.38%)
Close on Nov 12, 2026Market cap $44.48BP/E –Yield 1.24%
Carrier Global operating margin
Operating margin is operating income as a percentage of revenue.
Carrier Global's operating margin for the twelve months ending Sep 30, 2026 was -4.8%. For fiscal 2025 it was 10.0%, against 11.8% the year before. The highest annual figure on record is 23.0% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.0% | −1.8 |
| FY2024 | Dec 31, 2024 | 11.8% | +0.4 |
| FY2023 | Dec 31, 2023 | 11.4% | −11.6 |
| FY2022 | Dec 31, 2022 | 23.0% | +10.2 |
| FY2021 | Dec 31, 2021 | 12.8% | −4.8 |
| FY2020 | Dec 31, 2020 | 17.7% | +4.3 |
| FY2019 | Dec 31, 2019 | 13.4% | −5.8 |
| FY2018 | Dec 31, 2018 | 19.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -36.3% | −46.0 |
| Q2 FY2026 | Jun 30, 2026 | 13.0% | −1.8 |
| Q1 FY2026 | Mar 31, 2026 | 4.8% | −7.2 |
| Q4 FY2025 | Dec 31, 2025 | 2.1% | −12.9 |
| Q3 FY2025 | Sep 30, 2025 | 9.7% | −3.1 |
| Q2 FY2025 | Jun 30, 2025 | 14.8% | +2.6 |
| Q1 FY2025 | Mar 31, 2025 | 12.1% | +5.0 |
| Q4 FY2024 | Dec 31, 2024 | 15.0% | +2.5 |
| Q3 FY2024 | Sep 30, 2024 | 12.8% | +2.4 |
| Q2 FY2024 | Jun 30, 2024 | 12.2% | −0.4 |
| Q1 FY2024 | Mar 31, 2024 | 7.1% | −3.1 |
| Q4 FY2023 | Dec 31, 2023 | 12.5% | +17.5 |
| Q3 FY2023 | Sep 30, 2023 | 10.3% | −17.7 |
| Q2 FY2023 | Jun 30, 2023 | 12.6% | −3.2 |
| Q1 FY2023 | Mar 31, 2023 | 10.2% | −27.1 |
| Q4 FY2022 | Dec 31, 2022 | -5.0% | −14.0 |
| Q3 FY2022 | Sep 30, 2022 | 28.0% | +12.5 |
| Q2 FY2022 | Jun 30, 2022 | 15.7% | +1.3 |
| Q1 FY2022 | Mar 31, 2022 | 37.3% | +25.2 |
| Q4 FY2021 | Dec 31, 2021 | 9.0% | −18.1 |
| Q3 FY2021 | Sep 30, 2021 | 15.5% | −6.1 |
| Q2 FY2021 | Jun 30, 2021 | 14.4% | +3.3 |
| Q1 FY2021 | Mar 31, 2021 | 12.2% | +4.0 |
| Q4 FY2020 | Dec 31, 2020 | 27.1% | +14.7 |
| Q3 FY2020 | Sep 30, 2020 | 21.6% | +8.6 |
| Q2 FY2020 | Jun 30, 2020 | 11.1% | −5.1 |
| Q1 FY2020 | Mar 31, 2020 | 8.1% | −3.5 |
| Q4 FY2019 | Dec 31, 2019 | 12.4% | – |
| Q3 FY2019 | Sep 30, 2019 | 13.0% | – |
| Q2 FY2019 | Jun 30, 2019 | 16.2% | – |
| Q1 FY2019 | Mar 31, 2019 | 11.6% | – |
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