Carrier Global Corp
NYSE:CARR
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Carrier Global Corp
NYSE:CARR
|
46.7B USD |
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|
|
| IE |
|
Trane Technologies PLC
NYSE:TT
|
93.4B USD |
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|
|
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
80.6B USD |
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|
|
| UK |
|
Compass Group PLC
LSE:CPG
|
38.8B GBP |
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|
|
| US |
|
Dover Corp
NYSE:DOV
|
28B USD |
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|
|
| US |
|
Lennox International Inc
NYSE:LII
|
16.7B USD |
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|
|
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
608.5B USD |
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|
|
| SE |
|
Assa Abloy AB
STO:ASSA B
|
383.6B SEK |
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|
|
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
35.5B EUR |
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|
|
| JP |
|
Daikin Industries Ltd
TSE:6367
|
5.6T JPY |
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|
|
| CH |
|
Geberit AG
SIX:GEBN
|
18.4B CHF |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Carrier Global Corp
Glance View
Carrier Global Corporation, with its origins dating back to 1915, has established itself as a cornerstone in the HVAC, refrigeration, and building automation industries. Founded by the inventor of modern air conditioning, Willis Haviland Carrier, the company transformed the way people experience indoor environments. Carrier's operations span across producing heating, ventilation, and air conditioning systems that ensure comfortable climates in both residential and commercial spaces. Their reach extends to refrigeration systems, which play a crucial role in preserving perishable goods during transportation and storage, thereby underpinning various sectors like food and pharmaceuticals. Through these robust, energy-efficient solutions, Carrier not only enhances daily living and business operations but also contributes to significant savings on energy bills and reduced carbon footprints for their customers. The heartbeat of Carrier's business model resonates with a focus on innovation and a commitment to sustainability. The company continually invests in research and development to devise cutting-edge systems that promise reliability and efficiency. Beyond hardware, Carrier offers a suite of digital and software solutions that facilitate building automation, connecting disparate systems and enabling smarter, data-driven management of building environments. This integration enhances the operational efficiency of buildings by optimizing energy usage, which not only appeals to eco-conscious clients but also captures opportunities within the growing trend towards smart infrastructure. Ultimately, Carrier's profitability thrives on selling and servicing these advanced systems, with a strategic emphasis on sustainable practices that align with global environmental goals.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Carrier Global Corp is 26.1%, which is below its 3-year median of 27.4%.
Over the last 3 years, Carrier Global Corp’s Gross Margin has decreased from 26.8% to 26.1%. During this period, it reached a low of 26.1% on Jan 1, 2026 and a high of 29.3% on Mar 31, 2024.