Operating Profit Margin
since 2020
Calculation
Carrier Global Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating profit1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 22.11% | = | 100 | × | 4,515) | ÷ | 20,421) |
| Dec 31, 2021 | 12.83% | = | 100 | × | 2,645) | ÷ | 20,613) |
| Dec 31, 2020 | 17.66% | = | 100 | × | 3,083) | ÷ | 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., operating profit margin, long-term trends, comparison to competitors
| Carrier Global Corp. | Boeing Co. | Caterpillar Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 22.11% | -5.33% | 13.97% | 12.65% | 8.07% |
| Dec 31, 2021 | 12.83% | -4.66% | 14.27% | 13.61% | 7.70% |
| Dec 31, 2020 | 17.66% | -21.95% | 11.67% | 13.22% | -3.34% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).