Carrier
CARR
#316
Rank
$60.27 B
Marketcap
$66.77
Share price
2.99%
Change (1 day)
22.67%
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 July 2024 (TTM): 10.34%

According to Carrier's latest financial reports and stock price the company's current Operating Margin is 10.34%. At the end of 2023 the company had an Operating Margin of 9.43%.

Operating Margin history for Carrier from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.43%-55.13%
202221.02%80.51%
202111.64%-28.81%
202016.36%13.9%
201914.36%-29.31%
201820.31%18.49%
201717.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.69% 3.38%๐Ÿ‡บ๐Ÿ‡ธ USA
14.52% 40.43%๐Ÿ‡ฎ๐Ÿ‡ช 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.