Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Paying user area
Try for free
Carrier Global Corp. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Return on Equity (ROE) since 2020
- Current Ratio since 2020
- Total Asset Turnover since 2020
- Price to Book Value (P/BV) since 2020
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Carrier Global Corp. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Profitability Ratios (Summary)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Return on Sales | ||||
Gross profit margin | ||||
Operating profit margin | ||||
Net profit margin | ||||
Return on Investment | ||||
Return on equity (ROE) | ||||
Return on assets (ROA) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Carrier Global Corp. gross profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Carrier Global Corp. operating profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Carrier Global Corp. net profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Carrier Global Corp. ROE deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
ROA | A profitability ratio calculated as net income divided by total assets. | Carrier Global Corp. ROA deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Gross Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||
Gross margin | ||||
Net sales | ||||
Profitability Ratio | ||||
Gross profit margin1 | ||||
Benchmarks | ||||
Gross Profit Margin, Competitors2 | ||||
Boeing Co. | ||||
Caterpillar Inc. | ||||
Eaton Corp. plc | ||||
GE Aerospace | ||||
Honeywell International Inc. | ||||
Lockheed Martin Corp. | ||||
RTX Corp. |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2022 Calculation
Gross profit margin = 100 × Gross margin ÷ Net sales
= 100 × ÷ =
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Carrier Global Corp. gross profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Operating Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||
Operating profit | ||||
Net sales | ||||
Profitability Ratio | ||||
Operating profit margin1 | ||||
Benchmarks | ||||
Operating Profit Margin, Competitors2 | ||||
Boeing Co. | ||||
Caterpillar Inc. | ||||
Eaton Corp. plc | ||||
GE Aerospace | ||||
Honeywell International Inc. | ||||
Lockheed Martin Corp. | ||||
RTX Corp. | ||||
Operating Profit Margin, Sector | ||||
Capital Goods | ||||
Operating Profit Margin, Industry | ||||
Industrials |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2022 Calculation
Operating profit margin = 100 × Operating profit ÷ Net sales
= 100 × ÷ =
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Carrier Global Corp. operating profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Net Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||
Net income attributable to common shareowners | ||||
Net sales | ||||
Profitability Ratio | ||||
Net profit margin1 | ||||
Benchmarks | ||||
Net Profit Margin, Competitors2 | ||||
Boeing Co. | ||||
Caterpillar Inc. | ||||
Eaton Corp. plc | ||||
GE Aerospace | ||||
Honeywell International Inc. | ||||
Lockheed Martin Corp. | ||||
RTX Corp. | ||||
Net Profit Margin, Sector | ||||
Capital Goods | ||||
Net Profit Margin, Industry | ||||
Industrials |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2022 Calculation
Net profit margin = 100 × Net income attributable to common shareowners ÷ Net sales
= 100 × ÷ =
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Carrier Global Corp. net profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Return on Equity (ROE)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||
Net income attributable to common shareowners | ||||
Equity attributable to common shareowners | ||||
Profitability Ratio | ||||
ROE1 | ||||
Benchmarks | ||||
ROE, Competitors2 | ||||
Boeing Co. | ||||
Caterpillar Inc. | ||||
Eaton Corp. plc | ||||
GE Aerospace | ||||
Honeywell International Inc. | ||||
Lockheed Martin Corp. | ||||
RTX Corp. | ||||
ROE, Sector | ||||
Capital Goods | ||||
ROE, Industry | ||||
Industrials |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2022 Calculation
ROE = 100 × Net income attributable to common shareowners ÷ Equity attributable to common shareowners
= 100 × ÷ =
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Carrier Global Corp. ROE deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Return on Assets (ROA)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||
Net income attributable to common shareowners | ||||
Total assets | ||||
Profitability Ratio | ||||
ROA1 | ||||
Benchmarks | ||||
ROA, Competitors2 | ||||
Boeing Co. | ||||
Caterpillar Inc. | ||||
Eaton Corp. plc | ||||
GE Aerospace | ||||
Honeywell International Inc. | ||||
Lockheed Martin Corp. | ||||
RTX Corp. | ||||
ROA, Sector | ||||
Capital Goods | ||||
ROA, Industry | ||||
Industrials |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2022 Calculation
ROA = 100 × Net income attributable to common shareowners ÷ Total assets
= 100 × ÷ =
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | Carrier Global Corp. ROA deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |