Return on Assets (ROA)
since 2020
Calculation
Carrier Global Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income attributable to common shareowners1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 13.55% | = | 100 | × | 3,534) | ÷ | 26,086) |
| Dec 31, 2021 | 6.36% | = | 100 | × | 1,664) | ÷ | 26,172) |
| Dec 31, 2020 | 7.90% | = | 100 | × | 1,982) | ÷ | 25,093) |
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., ROA, long-term trends, comparison to competitors
| Carrier Global Corp. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 13.55% | -3.60% | 8.18% | 7.03% | 0.12% | 7.97% | 10.84% | 3.27% |
| Dec 31, 2021 | 6.36% | -3.03% | 7.84% | 6.30% | -3.28% | 8.60% | 12.41% | 2.39% |
| Dec 31, 2020 | 7.90% | -7.80% | 3.83% | 4.43% | 2.25% | 7.40% | 13.47% | -2.17% |
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., ROA, long-term trends, comparison to sector (capital goods)
| Carrier Global Corp. | Capital Goods | |
|---|---|---|
| Dec 31, 2022 | 13.55% | 2.84% |
| Dec 31, 2021 | 6.36% | 1.86% |
| Dec 31, 2020 | 7.90% | 0.80% |
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., ROA, long-term trends, comparison to industry (industrials)
| Carrier Global Corp. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 13.55% | 3.46% |
| Dec 31, 2021 | 6.36% | 3.83% |
| Dec 31, 2020 | 7.90% | 0.74% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).