Gross Margin: 23.29%
Is the gross margin high or low?
The gross margin of 23.29% is 14% below its 5-year average of 27.08%, around the middle of its 5-year range (19.87%–30.11%).
As of Thursday, June 25, 2026. 7.40% below its 12-month average of 25.15%.
CARR Gross Margin
Reported quarterly gross margin; no daily interpolation.
CARR Average Gross Margin Chart
CARR Current vs Average Gross Margin Chart
CARR Gross Margin Metrics
GROSS MARGIN
23.29%
GROSS MARGIN AVG TTM
25.15%
GROSS MARGIN AVG 3Y
27.15%
GROSS MARGIN AVG 5Y
27.44%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-7.40%
CURRENT VS 3Y AVG
-14.20%
CURRENT VS 5Y AVG
-15.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
CARR Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $61.51B | 23.29% | 25.15% | 27.15% | 27.44% |
| Delta Air Lines, Inc. (DAL)vs › | $60.52B | 26.19% | 24.85% | 24.62% | 13.34% |
| PACCAR Inc (PCAR)vs › | $64.04B | 15.11% | 18.08% | 19.00% | 18.78% |
| W.W. Grainger, Inc. (GWW)vs › | $64.91B | 39.15% | 39.01% | 38.96% | 38.00% |
| AMETEK, Inc. (AME)vs › | $55.23B | 36.56% | 36.03% | 35.77% | 35.26% |
| Norfolk Southern Corporation (NSC)vs › | $68.24B | 45.31% | 36.74% | 33.43% | 34.60% |
| Cintas Corporation (CTAS)vs › | $68.40B | 50.36% | 49.44% | 48.11% | 47.45% |
| Fastenal Company (FAST)vs › | $53.87B | 44.89% | 45.05% | 45.45% | 45.58% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.75B | 25.26% | 25.81% | 25.99% | 27.40% |
| Rockwell Automation, Inc. (ROK)vs › | $53.34B | 52.53% | 46.33% | 43.42% | 43.59% |
Gross Margin Analysis
Gross Margin
23.3%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Carrier Global Corporation (CARR)?
- The gross margin for CARR stock is 23.29%.
- Is Carrier Global Corporation's gross margin high or low?
- The gross margin of 23.29% is 14% below its 5-year average of 27.08%, around the middle of its 5-year range (19.87%–30.11%).
- What is the TTM average gross margin for Carrier Global Corporation (CARR)?
- The TTM average gross margin for CARR stock is 25.15%.
- What is the 3Y average gross margin for Carrier Global Corporation (CARR)?
- The 3Y average gross margin for CARR stock is 27.15%.
- What is the 5Y average gross margin for Carrier Global Corporation (CARR)?
- The 5Y average gross margin for CARR stock is 27.44%.
CARR Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 23.29% |
| 2025-12-31 | 19.87% |
| 2025-09-30 | 25.97% |
| 2025-06-30 | 28.94% |
| 2025-03-31 | 27.69% |
| 2024-12-31 | 26.11% |
| 2024-09-30 | 28.02% |
| 2024-06-30 | 26.54% |
| 2024-03-31 | 25.55% |
| 2023-12-31 | 28.11% |
| 2023-09-30 | 30.11% |
| 2023-06-30 | 29.29% |
| 2023-03-31 | 26.13% |
| 2022-12-31 | 24.43% |
| 2022-09-30 | 27.10% |
| 2022-06-30 | 27.77% |
| 2022-03-31 | 27.78% |
| 2021-12-31 | 26.61% |
| 2021-09-30 | 29.98% |
| 2021-06-30 | 29.76% |
| 2021-03-31 | 29.67% |
| 2020-12-31 | 27.97% |
| 2020-09-30 | 31.21% |
| 2020-06-30 | 28.73% |
| 2020-03-31 | 28.86% |
| 2019-12-31 | 28.28% |
| 2019-09-30 | 29.99% |
| 2019-06-30 | 29.71% |
| 2019-03-31 | 28.36% |
Related Metrics
About Carrier Global Corporation
Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment is dedicated to supplying products, controls, services, and complete solutions tailored to the heating, cooling, and ventilation requirements of both residential and commercial clients. Offerings in this area include air conditioning units, heating systems, various control mechanisms, aftermarket components, as well as post-installation repair, maintenance services, and building automation capabilities. The Refrigeration segment focuses on providing transport refrigeration and monitoring products and services. This includes digital solutions for diverse applications such as trucks, trailers, shipping containers, intermodal transport, food retail, and warehouse cooling. Additionally, it offers commercial refrigeration solutions like display cabinets, freezers, integrated systems, and their corresponding controls. The Fire & Security segment delivers a comprehensive suite of technologies for residential, commercial, and industrial environments. This encompasses detection systems for fire, flame, gas, smoke, and carbon monoxide; portable fire extinguishers; advanced fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its service portfolio further extends to auditing, design, installation, system integration, ongoing maintenance, repair, and monitoring services. The company markets its extensive product range under numerous brands, including Autronica, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, Supra, Carrier, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech. Established in 2019, Carrier Global Corporation maintains its corporate headquarters in Palm Beach Gardens, Florida.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- David L. Gitlin