Carrier
CARR
#515
Rank
$34.13 B
Marketcap
$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
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
5.73%-63.55%๐Ÿ‡บ๐Ÿ‡ธ USA
12.66%-19.47%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.