SuperworthCarrier Global profit margin CARR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- 5.5%
- Operating margin, 12 months
- 7.8%
- Net margin on a year earlier
- −12.3 pts
- Peer median
- 11.6%
Over the twelve months to Jun 30, 2026, Carrier Global kept 5.5% of its revenue as net profit, with an operating margin of 7.8% and a gross margin of 24.3%.
Five years earlier its net margin was 12.6%.
The median for 10 industrial machinery stocks of a similar size is 11.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 6.8% | 10.0% | 25.9% |
| FY2024 | 24.9% | 11.8% | 26.6% |
| FY2023 | 7.1% | 11.4% | 31.9% |
| FY2022 | 17.3% | 22.1% | 26.8% |
| FY2021 | 8.1% | 12.8% | 29.0% |
| FY2020 | 11.4% | 17.7% | 29.3% |
| FY2019 | 11.4% | 13.4% | 29.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 5.5% | −12.3 pts | 7.8% | |
| Q1 FY26 | 6.0% | −19.8 pts | 8.2% | |
| Q4 FY25 | 6.8% | −18.1 pts | 10.0% | |
| Q3 FY25 | 18.1% | +2.0 pts | 12.9% | |
| Q2 FY25 | 17.8% | +1.4 pts | 13.7% | |
| Q1 FY25 | 25.8% | +19.5 pts | 13.0% | |
| Q4 FY24 | 24.9% | +17.8 pts | 11.8% | |
| Q3 FY24 | 16.0% | +10.0 pts | 11.1% | |
| Q2 FY24 | 16.4% | +5.8 pts | 10.5% | |
| Q1 FY24 | 6.3% | −6.2 pts | 10.5% | |
| Q4 FY23 | 7.1% | −10.2 pts | 11.4% | |
| Q3 FY23 | 6.1% | −11.5 pts | 10.4% |
Against its peers
Companies in Industrial - Machinery nearest Carrier Global's size, closest first, today.
| Company | Profit margin |
|---|---|
| CARRCarrier Global | 5.5% |
| ROKRockwell Automation | 13.4% |
| PCARPACCAR | 9.0% |
| CMICummins | 7.8% |
| OTISOtis Worldwide | 10.2% |
| IRIngersoll Rand | 12.1% |
| ITWIllinois Tool Works | 19.4% |
| DOVDover | 13.5% |
| XYLXylem | 11.2% |
| EMREmerson Electric | 13.8% |
| SYMSymbotic | 0.5% |
| Peer median | 11.6% |
Where Carrier Global ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Carrier Global
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.