Carrier Global EBITDA Margin Growth & History (CARR)
Carrier Global's ebitda margin was 15.85% for fiscal 2025.
View full Carrier Global company overviewCarrier Global annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.85% | −1.40 pp |
| 2024 | 2024-12-31 | 17.25% | +3.26 pp |
| 2023 | 2023-12-31 | 13.99% | −10.95 pp |
| 2022 | 2022-12-31 | 24.94% | +10.47 pp |
| 2021 | 2021-12-31 | 14.47% | −5.11 pp |
| 2020 | 2020-12-31 | 19.59% | +4.40 pp |
| 2019 | 2019-12-31 | 15.19% | −5.93 pp |
| 2018 | 2018-12-31 | 21.12% | — |
Carrier Global quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.28% | −1.68 pp |
| Q1 2026 | 2026-03-31 | 10.75% | −7.11 pp |
| Q4 2025 | 2025-12-31 | 8.89% | −12.32 pp |
| Q3 2025 | 2025-09-30 | 15.49% | −2.48 pp |
| Q2 2025 | 2025-06-30 | 19.96% | +2.80 pp |
| Q1 2025 | 2025-03-31 | 17.86% | +5.08 pp |
| Q4 2024 | 2024-12-31 | 21.21% | — |
| Q3 2024 | 2024-09-30 | 17.96% | +5.71 pp |
| Q2 2024 | 2024-06-30 | 17.16% | +6.71 pp |
| Q1 2024 | 2024-03-31 | 12.79% | −0.32 pp |
| Q3 2023 | 2023-09-30 | 12.26% | −17.61 pp |
| Q2 2023 | 2023-06-30 | 10.45% | −6.73 pp |
| Q1 2023 | 2023-03-31 | 13.10% | −25.92 pp |
| Q3 2022 | 2022-09-30 | 29.87% | +12.81 pp |
| Q2 2022 | 2022-06-30 | 17.18% | +1.22 pp |
| Q1 2022 | 2022-03-31 | 39.02% | +25.10 pp |
| Q4 2021 | 2021-12-31 | 10.71% | −18.45 pp |
| Q3 2021 | 2021-09-30 | 17.06% | −6.19 pp |
| Q2 2021 | 2021-06-30 | 15.96% | +2.86 pp |
| Q1 2021 | 2021-03-31 | 13.92% | +3.73 pp |
| Q4 2020 | 2020-12-31 | 29.17% | +14.93 pp |
| Q3 2020 | 2020-09-30 | 23.25% | +8.46 pp |
| Q2 2020 | 2020-06-30 | 13.09% | −4.78 pp |
| Q1 2020 | 2020-03-31 | 10.19% | −3.35 pp |
| Q4 2019 | 2019-12-31 | 14.24% | — |
| Q3 2019 | 2019-09-30 | 14.79% | — |
| Q2 2019 | 2019-06-30 | 17.88% | — |
| Q1 2019 | 2019-03-31 | 13.53% | — |
Carrier Global ebitda margin trends
Over the last five fiscal years, Carrier Global's ebitda margin decreased from 19.59% to 15.85%, a change of −3.74 percentage points. The latest reported quarter, Q2 2026, shows 18.28%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Carrier plans more than $600 million for Texas cooling capacity
Carrier ($CARR) plans to invest more than $600 million over three years to expand manufacturing and engineering capacity in Fort Worth, Texas. The project includes a facility exceeding one million square feet for commercial chillers and the ...