Carrier Global Corp (CARR)
54.59
-0.55
(-1.00%)
USD |
NYSE |
Apr 24, 15:24
Carrier Global Gross Profit Margin (Quarterly): 28.11% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 28.11% |
| September 30, 2023 | 31.69% |
| June 30, 2023 | 29.29% |
| March 31, 2023 | 26.13% |
| December 31, 2022 | 24.43% |
| September 30, 2022 | 27.10% |
| June 30, 2022 | 27.77% |
| March 31, 2022 | 27.78% |
| December 31, 2021 | 26.61% |
| September 30, 2021 | 29.98% |
| Date | Value |
|---|---|
| June 30, 2021 | 29.76% |
| March 31, 2021 | 29.67% |
| December 31, 2020 | 27.97% |
| September 30, 2020 | 31.21% |
| June 30, 2020 | 28.73% |
| March 31, 2020 | 28.86% |
| December 31, 2019 | 28.28% |
| September 30, 2019 | 29.99% |
| June 30, 2019 | 29.71% |
| March 31, 2019 | 28.36% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
24.43%
Minimum
Dec 2022
31.69%
Maximum
Sep 2023
28.58%
Average
28.73%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
| Watsco Inc | 25.85% |
| Beacon Roofing Supply Inc | 25.74% |
| EVI Industries Inc | 28.90% |
| DXP Enterprises Inc | 30.18% |
| L.B. Foster Co | 21.53% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 15.93% |
| Return on Assets | 4.88% |
| Return on Invested Capital | 7.34% |
| Profit Margin (Quarterly) | 8.23% |
| Operating Margin (Quarterly) | 5.92% |
| Return on Net Operating Assets | 6.89% |