CARR (Carrier Global) ROCE % : 8.96% (As of Mar. 2025)

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What is Carrier Global ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Carrier Global's annualized ROCE % for the quarter that ended in Mar. 2025 was 8.96%.

Carrier Global ROCE % Historical Data

The historical data trend for Carrier Global's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Carrier Global ROCE % Chart

Carrier Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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16.63

11.93

9.62

10.04

10.31

Carrier Global Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															5.52	47.92	12.10	10.93	8.96

Carrier Global ROCE % Calculation

Carrier Global's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	2854	/	( ( (32822 - 6981)	+	(37403 - 7892) )	/ 2 )
	=	2854	/	( (25841	+	29511)	/ 2 )
	=	2854	/	27676
	=	10.31 %

Carrier Global's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	2640	/	( ( (37403 - 7892)	+	(36447 - 7011) )	/ 2 )
	=	2640	/	( ( 29511	+	29436 )	/ 2 )
	=	2640	/	29473.5
	=	8.96 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Carrier Global (NYSE:CARR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Carrier Global ROCE % Related Terms

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Carrier Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (NYSE:CARR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CARR:Mexico 4PN:Germany C1RR34:Brazil CARG:Austria

Address

13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418

Website

https://www.corporate.carrier.com

Carrier Global provides HVAC and refrigeration products and services that serve the global residential, commercial, and transportation markets. The company's HVAC businesses account for approximately 85% of consolidated revenue, with residential and light commercial HVAC and commercial HVAC representing about 60% and 25% of total revenue, respectively. Carrier's refrigeration segment, which accounts for approximately 15% of consolidated revenue, consists of its transportation refrigeration and Sensitech supply chain monitoring products and services.

Executives

Kyle Crockett	officer: Vice President, Controller	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Kevin J. O'connor	officer: VP, Chief Legal Officer	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Ajay Agrawal	officer: VP, Strategy & Services	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Nadia Villeneuve	officer: See Remarks	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Jurgen Timperman	officer: President, Fire & Security	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David L. Gitlin	officer: President and CEO	UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Susan N Story	director	ONE ENERGY PLACE, PENSCOLA FL 32520
Timothy N White	officer: President, Refrigeration	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
Christopher John Nelson	officer: President, HVAC	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL 33418
David Appel	officer: President, Refrigeration	13995 PASTEUR BOULEVARD, PALM BEACH GARDENS GA 33418
Beth Wozniak	director	555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Patrick P. Goris	officer: Senior Vice President & CFO	1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John J Greisch	director	C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Michael M Mcnamara	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
John V Faraci	director, officer: Executive Chairman	C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921