• Carrier Global average pre-tax profit margin for 2023 was 11.33%, a 41.45% increase from 2022.
• Carrier Global average pre-tax profit margin for 2022 was 19.35%, a 25.89% decline from 2021.
• Carrier Global average pre-tax profit margin for 2021 was 15.37%, a 13.68% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.