Carrier Global Corporation

CARR Industrials Building Products & Equipment

Carrier Global Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.7 billion, down 3.29% from fiscal 2024.

Revenue
+12.3%
EPS
−732.0%
Free cash flow
+200.9%
Total debt
−3.71%

Quarter to September 2026, against a year earlier

53.30 2.36 −4.24%
Market cap
$43.5B
P/E
0.0×
Fwd P/E
47.7×
Dividend yield
1.80%
F-score
5/9
Altman Z
2.45
Beneish M
−2.56
Dividend safety
67/100

Carrier Global Corporation (CARR) Return on equity

Alert me on Return on equity

Carrier Global Corporation's return on equity over the twelve months to 30 September 2026 was −14.3%, down 24.7 percentage points from fiscal 2025 (10.4%). Over the past ten years it has ranged from 0.00% (fiscal 2017) to 47.9% (fiscal 2024); the current reading is higher than 22% of that period. That is below the Building Products & Equipment industry median of 5.95% and below the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.4% (37.49)
FY2024 47.9% 32.10
FY2023 15.8% (30.79)
FY2022 46.6% 22.25
FY2021 24.3% 5.48
FY2020 18.9% 4.12
FY2019 14.7% (4.78)
FY2018 19.5% 19.52
FY2017 0.00% —

Against its own ten years

Low 0.00% High 47.9%
Ten-year median 18.9%
Current reading's percentile 22

Return on equity against peers

Company Return on equity
LII Lennox International, Inc. compare 62.8%
JCI Johnson Controls International plc compare 43.9%
CSL Carlisle Companies Incorporated compare 41.9%
TT Trane Technologies plc compare 36.0%
WMS Advanced Drainage Systems, Inc. compare 22.4%
MAIR Madison Air Solutions Corporation compare 0.00%
OC Owens Corning Inc compare −11.2%
CARR Carrier Global Corporation −14.3%
MAS Masco Corporation compare −8,034.8%
Building Products & Equipment industry median 5.95%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on CARR