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Net Profit Margin for Carrier Global (CARR)

As of · Reported

Metric

TTM

6.0%

YoY change

−18.10pp

Trough year (2025)

6.8%

Peak year (2024)

24.9%

Net Profit Margin history chart for Carrier Global (CARR) from 2017 to 2025

Latest: 6.8%

Net Profit Margin change chart for Carrier Global (CARR) from 2017 to 2025

Latest: −18.10pp

Net Profit Margin history table for Carrier Global (CARR) from 2017 to 2025

  • 20256.8%-18.10pp
  • 202424.9%+17.80pp
  • 20237.1%-13.32pp
  • 202220.4%+12.37pp
  • 20218.1%-3.28pp
  • 202011.4%-0.02pp
  • 201911.4%-3.08pp
  • 201814.5%+7.57pp
  • 20176.9%—

Net Profit 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 Net Profit Margin at Carrier Global (CARR)

According to Carrier Global's latest reported financial statements, the company's latest reported net margin is 6.0%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Carrier Global (CARR) most recent annual net margin stands at 6.82% (2025) – contracted 18.1 percentage points year-over-year.

The record annual net margin stands at 24.92%, reached in 2024; the historical low of 6.82% was recorded in 2025.

Carrier Global Net Profit Margin by Year

Carrier Global Net Profit Margin 2025: 6.8%

Carrier Global posted net margin of 6.82% in 2025, contracted 18.1 percentage points from 2024. This figure represents the lowest annual value in the available history.

Carrier Global Net Profit Margin 2024: 24.9%

In 2024, Carrier Global reported net margin of 24.92%, expanded 17.8 percentage points from 2023. This figure represents the highest annual value in the available history.

Carrier Global Net Profit Margin 2023: 7.1%

Carrier Global net margin in 2023 was 7.12%, contracted 13.3 percentage points from 2022.

Carrier Global Net Profit Margin 2022: 20.4%

2022's net margin for Carrier Global came in at 20.44%, expanded 12.4 percentage points from 2021.

Carrier Global Net Profit Margin 2021: 8.1%

Carrier Global net margin in 2021 was 8.07%.

See more financial history for Carrier Global (CARR).

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