Stock Analysis on Net
Stock Analysis on Net

Carrier Global Corp. (NYSE:CARR)

This company has been moved to the archive! The financial data has not been updated since April 26, 2023.

Net Profit Margin
since 2020

Microsoft Excel

Calculation

Carrier Global Corp., net profit margin, long-term trends, calculation

Microsoft Excel
Net profit margin = 100 × Net income attributable to common shareowners1 ÷ Net sales1
Dec 31, 2022 17.31% = 100 × 3,534 ÷ 20,421
Dec 31, 2021 8.07% = 100 × 1,664 ÷ 20,613
Dec 31, 2020 11.35% = 100 × 1,982 ÷ 17,456

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 US$ in millions

Comparison to Competitors

Carrier Global Corp., net profit margin, long-term trends, comparison to competitors

Microsoft Excel
Carrier Global Corp. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2022 17.31% -7.41% 11.85% 11.86% 0.31% 14.00% 8.69% 7.75%
Dec 31, 2021 8.07% -6.75% 13.47% 10.92% -9.17% 16.11% 9.42% 6.00%
Dec 31, 2020 11.35% -20.42% 7.68% 7.90% 7.81% 14.64% 10.45% -6.22%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Comparison to Sector (Capital Goods)

Carrier Global Corp., net profit margin, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Carrier Global Corp. Capital Goods
Dec 31, 2022 17.31% 5.27%
Dec 31, 2021 8.07% 3.71%
Dec 31, 2020 11.35% 1.85%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Comparison to Industry (Industrials)

Carrier Global Corp., net profit margin, long-term trends, comparison to industry (industrials)

Microsoft Excel
Carrier Global Corp. Industrials
Dec 31, 2022 17.31% 5.16%
Dec 31, 2021 8.07% 5.96%
Dec 31, 2020 11.35% 0.25%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).