Company / Operating Margin
Carrier Global Operating Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
10.0%
FY2025
5-year range
10.0% / 23.0%
FY2021-FY2025
Trend
-15.1%
vs FY2024
Sector context
#135 of 304
Industrials
What the data says
At 10.0%, Carrier Global's operating margin ranks #135 of 304 in the Industrials sector. Operating Margin has fluctuated over the past 8 years, ranging from 10.0% in FY2025 to 23.0% in FY2022.
Based on SEC 10-K filings.
10.0% in FY2025 with a 5-year CAGR of -7.7%.
Declined from 11.4% to 10.0% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -13.1pp
- 5-Year Change
- -7.7pp
- 10-Year Change
- -
Sector benchmark
#135 of 304 in IndustrialsTop 44% of 304This company 10.0% Sector average -842.8%
▼
+101.2% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 15.1% year-over-year.
- Currently 852.8pp above the Industrials sector average.
- Peak operating margin was recorded in FY2022.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 10.0% | -15.1% |
| FY2024 | 11.8% | +3.2% |
| FY2023 | 11.4% | -50.5% |
| FY2022 | 23.0% | +79.6% |
| FY2021 | 12.8% | -27.3% |
| FY2020 | 17.7% | +31.9% |
| FY2019 | 13.4% | -30.4% |
| FY2018 | 19.2% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026