CARR (Carrier Global) FCF Margin %: -0.28% (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 FCF Margin %?

Carrier Global CARR +4.68% 79 FCF Margin % is -0.28% 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. Among 1,770 Construction companies, Carrier Global ranks better than 69.66% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Carrier Global's Free Cash Flow for the three months ended in Mar. 2026 was $-15 Mil. Carrier Global's Revenue for the three months ended in Mar. 2026 was $5,341 Mil. Therefore, Carrier Global's FCF Margin % for the quarter that ended in Mar. 2026 was -0.28%.

As of today, Carrier Global's current FCF Yield % is 2.74%.

The historical rank and industry rank for Carrier Global's FCF Margin % or its related term are showing as below:

CARR' s FCF Margin % Range Over the Past 10 Years
Min: 0.2   Med: 9.47   Max: 11.44
Current: 7.71


During the past 9 years, the highest FCF Margin % of Carrier Global was 11.44%. The lowest was 0.20%. And the median was 9.47%.

CARR's FCF Margin % is ranked better than
69.66% of 1770 companies
in the Construction industry
Industry Median: 2.61 vs CARR: 7.71


Carrier Global FCF Margin % Related Terms


Carrier Global FCF Margin % Historical Data

* Premium members only.

The historical data trend for Carrier Global's FCF Margin % 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 FCF Margin % Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only 9.18 8.25 11.44 0.20 9.75

Carrier Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 8.05 9.29 4.02 18.79 -0.28

CARR vs JCI, MAIR, LII: FCF Margin % Comparison

For the Building Products & Equipment subindustry, Carrier Global's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Construction Industry

For the Construction industry and Industrials sector, Carrier Global's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Carrier Global's FCF Margin % falls into.


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Carrier Global's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2121/21747
=9.75 %

Carrier Global's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-15/5341
=-0.28 %

* 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 FCF Margin % →
What does a FCF Margin % of -0.28% mean?
Carrier Global (CARR) has a FCF Margin % of -0.28% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Carrier Global and its competitors. Over the past decade, Carrier Global's FCF Margin % has ranged from 0.20 to 11.44. According to the industry distribution chart, Carrier Global ranks #537 out of 1770 companies in the Construction industry, placing it in the top 30.3%.
Is Carrier Global's FCF Margin % too high?
Carrier Global's current FCF Margin % is -0.28%. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 11.44. Based on the distribution chart, Carrier Global ranks #537 out of 1770 companies in the Construction industry, which is above the industry midpoint. 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 FCF Margin % compare to JCI and MAIR?
According to the Construction industry distribution chart, Carrier Global ranks #537 out of 1770 companies for FCF Margin %. This puts Carrier Global in the upper half of its industry. The industry median FCF Margin % is 2.61. Historically, Carrier Global's own FCF Margin % has ranged from 0.20 to 11.44 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Construction company?
The median FCF Margin % among Construction companies is 2.61, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Carrier Global and its competitors. For the Construction industry, the median FCF Margin % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Global's current FCF Margin % is -0.28%. 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 FCF Margin % is -0.28%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Carrier Global (CARR), the current FCF Margin % is -0.28% 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:

  • FCF Margin %: -0.28%
  • 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

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

$74.06
Price
$67.63
GF Value