The historical rank and industry rank for Carrier Global's Pretax Margin % or its related term are showing as below:
XTER:4PN'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.3 Med: 16.36 Max: 21.02
Current: 8.3
XTER:4PN's Pretax Margin % is ranked better than 70.21% of 1655
companies
in the Construction industry
Industry Median: 4.51
vs XTER:4PN: 8.30
Carrier Global Pretax Margin % Historical Data
The historical data trend for Carrier Global's Pretax 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.
Competitive Comparison of Carrier Global's Pretax Margin %
For the Building Products & Equipment subindustry, Carrier Global's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Carrier Global's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Carrier Global's Pretax Margin % falls into.
Carrier Global Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Carrier Global's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (XTER:4PN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Carrier Global Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Carrier Global's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.
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