Carrier Global Corp (CARR)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 2,150,000 2,646,000 2,296,000 3,984,000 2,645,000
Total assets US$ in thousands 37,190,000 37,403,000 32,822,000 26,086,000 26,172,000
Operating ROA 5.78% 7.07% 7.00% 15.27% 10.11%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $2,150,000K ÷ $37,190,000K
= 5.78%