Carrier
CARR
#388
Rank
$48.83 B
Marketcap
$54.25
Share price
-0.93%
Change (1 day)
21.17%
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 April 2024 (TTM): 15.14%

According to Carrier's latest financial reports and stock price the company's current Operating Margin is 15.14%. At the end of 2022 the company had an Operating Margin of 21.02%.

Operating Margin history for Carrier from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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
1.85%-87.78%๐Ÿ‡บ๐Ÿ‡ธ USA
13.58%-10.30%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.