CARR (Carrier Global) ROCE %: 3.83% (As of Mar. 2026)


CARR Carrier Global Corp CARR
79 GF Score
Price $74.06
GF Value $67.65
Valuation Fairly Valued
! 10 Warning Signs
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What is Carrier Global ROCE %?

Carrier Global CARR +4.68% 79 ROCE % is 3.83% as of Mar. 2026. GuruFocus rates CARR with a GF Score™ of 79/100 and a GF Value™ of $67.65 (Fairly Valued). The stock has 10 warning signs investors should review.

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. 2026 was 3.83%.

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

Carrier Global ROCE % Historical Data

* Premium members only.

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.

Carrier Global ROCE % Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 11.93 9.62 10.04 10.31 7.57

Carrier Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 8.96 12.34 7.20 1.59 3.83
CARR
79GF Score
Carrier Global Corp CARR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carrier Global ROCE % Calculation

Carrier Global's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2256/( ( (37403 - 7892) + (37190 - 7114) )/ 2 )
=2256/( (29511+30076)/ 2 )
=2256/29793.5
=7.57 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1124/( ( (37190 - 7114) + (37186 - 8585) )/ 2 )
=1124/( ( 30076 + 28601 )/ 2 )
=1124/29338.5
=3.83 %

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

* 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 ROCE % →
What does a ROCE % of 3.83% mean?
Carrier Global (CARR) has a ROCE % of 3.83% as of Mar. 2026.
Is Carrier Global's ROCE % too high?
Carrier Global's current ROCE % is 3.83%. The Construction industry median ROCE % is 8.25. Carrier Global's value of 3.83% is 53.6% below this industry median. 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 ROCE % compare to JCI and MAIR?
Carrier Global's ROCE % of 3.83% can be compared against companies in the Construction industry. The industry median ROCE % is 8.25. Carrier Global's value of 3.83% is 53.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Construction company?
The median ROCE % among Construction companies is 8.25, based on 1,754 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carrier Global's current ROCE % of 3.83% is 53.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Global's current ROCE % is 3.83%. 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 $67.65, compared to a current price of $74.06 — trading 9.5% above its estimated fair value. The current ROCE % is 3.83% and 53.6% below the Construction industry median of 8.25. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Carrier Global (CARR), the current ROCE % is 3.83% 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 $67.65. GuruFocus considers Carrier Global to be Fairly Valued.

Key valuation signals for CARR:

  • ROCE %: 3.83%
  • GF Value™: $67.65 vs. price of $74.06 (9.5% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 53.6% below the Construction median

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

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

$74.06
Price
$67.65
GF Value