Carrier
CARR
$40.89
Share price
-0.75%
Change (1 day)
1.64%
Change (1 year)
Carrier is an American company that provides air-conditioning, heating and refrigeration solutions that help in the preservation and protection of food during transportation.
Operating Margin for Carrier (CARR)
Operating Margin as of May 2023 (TTM): 15.72%
According to Carrier's latest financial reports and stock price the company's current Operating Margin is 15.72%. At the end of 2021 the company had an Operating Margin of 11.64%.
Operating Margin history for Carrier from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 11.64% | -28.81% |
| 2020 | 16.36% | 13.9% |
| 2019 | 14.36% | -29.31% |
| 2018 | 20.31% | 18.49% |
| 2017 | 17.14% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 SPX Corporation SPXC | 5.73% | -63.55% | 🇺🇸 USA |
 Trane Technologies
TT | 12.66% | -19.47% | 🇮🇪 Ireland |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.