CARR (Carrier Global) EBIT: $1,877 Mil (TTM As of Mar. 2026)


CARR Carrier Global Corp CARR
79 GF Score
Price $74.06
GF Value $67.63
Valuation Fairly Valued
! 10 Warning Signs
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What is Carrier Global EBIT?

Carrier Global CARR +4.68% 79 EBIT is $1,877 Mil as of Mar. 2026. GuruFocus rates CARR with a GF Score™ of 79/100 and a GF Value™ of $67.63 (Fairly Valued). The stock has 10 warning signs investors should review.

Carrier Global's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $281 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,877 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Carrier Global's annualized ROC % for the quarter that ended in Mar. 2026 was 3.23%. Carrier Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Carrier Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.57%.


Carrier Global  (NYSE:CARR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Carrier Global's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=960 * ( 1 - 0% )/( (29295 + 30074)/ 2 )
=960/29684.5
=3.23 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Carrier Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1124/( ( (3711 + max(332, 0)) + (3673 + max(798, 0)) )/ 2 )
=1124/( ( 4043 + 4471 )/ 2 )
=1124/4257
=26.40 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2639 + 2483 + 1856) - (6476 + 0 + 170)
=332

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3130 + 2581 + 1936) - (6679 + 0 + 170)
=798

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Carrier Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1877/73063.794
=2.57 %

* 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.


Carrier Global EBIT Related Terms


Carrier Global EBIT Historical Data

* Premium members only.

The historical data trend for Carrier Global's EBIT 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.

Carrier Global EBIT Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 2,357.00 1,904.00 2,305.00 2,854.00 2,256.00

Carrier Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 660.00 927.00 549.00 120.00 281.00

CARR vs JCI, MAIR, LII: EBIT Comparison

For the Building Products & Equipment subindustry, Carrier Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carrier Global EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Carrier Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Carrier Global's EV-to-EBIT falls into.


CARR
79GF Score
Carrier Global Corp CARR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Carrier Global EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,877 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1,877 Mil mean?
Carrier Global (CARR) has a EBIT of $1,877 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Carrier Global.
Is Carrier Global's EBIT too high?
Carrier Global's current EBIT is $1,877 Mil. Overall, Carrier Global has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carrier Global's EBIT compare to JCI and MAIR?
Carrier Global's EBIT of $1,877 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Carrier Global. Carrier Global's current EBIT is $1,877 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Global stock overvalued right now?
Based on GuruFocus' analysis, Carrier Global (CARR) is currently considered Fairly Valued. The stock's GF Value™ is $67.63, compared to a current price of $74.06 — trading 9.5% above its estimated fair value. The current EBIT is $1,877 Mil. Carrier Global's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Carrier Global (CARR), the current EBIT is $1,877 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carrier Global (CARR) Overvalued in 2026?

Based on GuruFocus' analysis, Carrier Global stock appears to be overvalued. The current stock price of $74.06 is trading 9.5% above its estimated GF Value™ of $67.63. GuruFocus considers Carrier Global to be Fairly Valued.

Key valuation signals for CARR:

  • EBIT: $1,877 Mil
  • GF Value™: $67.63 vs. price of $74.06 (9.5% above fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the CARR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carrier Global Business Description

Address 13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global, spun out of United Technologies in 2020, manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its flagship Carrier brand, as well as Bryant, Payne, Heil, and others across various price points. In 2024, Carrier acquired Viessmann Climate Solutions to expand its footprint in Europe with heat pumps, boilers, and solar PV equipment. Proceeds from the sale of Carrier's fire and security (Honeywell) and commercial refrigeration (Haier) businesses reduced debt and focused the company on global HVAC and refrigeration solutions. Carrier generates 75% of sales from equipment and 25% from parts and services. The company derives 50% of revenue from the US, 30% from Europe, and 20% from the Asia-Pacific region.
79GF Score

Get the complete analysis for CARR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$74.06
Price
$67.63
GF Value