TTM
14.5%
YoY change
−1.94pp
Trough year (2022)
12.9%
Peak year (2018)
22.6%
Latest annual
16.2%
EBITDA Margin history chart for Carrier Global (CARR) from 2017 to 2025
Latest: 16.2%
EBITDA Margin change chart for Carrier Global (CARR) from 2017 to 2025
Latest: −1.94pp
EBITDA Margin history table for Carrier Global (CARR) from 2017 to 2025
| 2025 | 16.2% | -1.94pp | ||
| 2024 | 18.2% | +3.42pp | ||
| 2023 | 14.8% | +1.84pp | ||
| 2022 | 12.9% | -0.16pp | ||
| 2021 | 13.1% | -6.91pp | ||
| 2020 | 20.0% | +6.06pp | ||
| 2019 | 13.9% | -8.72pp | ||
| 2018 | 22.6% | +2.18pp | ||
| 2017 | 20.5% | — |
- 202516.2%-1.94pp
- 202418.2%+3.42pp
- 202314.8%+1.84pp
- 202212.9%-0.16pp
- 202113.1%-6.91pp
- 202020.0%+6.06pp
- 201913.9%-8.72pp
- 201822.6%+2.18pp
- 201720.5%—
EBITDA Margin values are taken from Carrier Global's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at Carrier Global (CARR)
According to Carrier Global's latest reported financial statements, the company's latest reported EBITDA margin is 14.5%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Carrier Global (CARR) EBITDA margin is 16.23% – contracted 1.9 percentage points year-over-year.
2018 marks the peak EBITDA margin at 22.64%, with the historical low of 12.91% recorded in 2022.
Carrier Global EBITDA Margin by Year
Carrier Global EBITDA Margin 2025: 16.2%
Carrier Global EBITDA margin in 2025 was 16.23%, contracted 1.9 percentage points from 2024.
Carrier Global EBITDA Margin 2024: 18.2%
2024's EBITDA margin for Carrier Global came in at 18.17%, expanded 3.4 percentage points from 2023.
Carrier Global EBITDA Margin 2023: 14.8%
Carrier Global posted EBITDA margin of 14.75% in 2023, expanded 1.8 percentage points from 2022.
Carrier Global EBITDA Margin 2022: 12.9%
In 2022, Carrier Global reported EBITDA margin of 12.91%, contracted 0.2 percentage points from 2021. This figure represents the lowest annual value in the available history.
Carrier Global EBITDA Margin 2021: 13.1%
Carrier Global EBITDA margin in 2021 was 13.07%.
See more financial history for Carrier Global (CARR).
Sector peers by EBITDA Margin
Industrials peers of Carrier Global (CARR), ranked by their latest EBITDA margin
| 52.5% | |
| 22.8% | |
| 22.5% | |
| 21.6% | |
| 20.7% | |
| 17.8% | |
| 17.1% | |
| 7.9% |
- 52.5%
- 22.8%
- 22.5%
- 21.6%
- 17.1%
- 7.9%
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