What is Carrier Global's fire & security — goodwill?

Carrier Global (CARR) reported fire & security — goodwill of $529.00M in Q2 2024.

How has Carrier Global's fire & security — goodwill changed year-over-year?

Carrier Global's fire & security — goodwill decreased by 77.8% year-over-year, from $2.38B to $529.00M.

What is the long-term trend for Carrier Global's fire & security — goodwill?

Over 2 years (2021 to 2023), Carrier Global's fire & security — goodwill has grown at a -19.3% compound annual growth rate (CAGR), from $11.64B to $7.58B.

What does fire & security — goodwill mean?

The value of intangible assets like brand and customer loyalty attributed to the Fire and Security segment from past acquisitions.

Discontinued — last reported Q2 '24

Business Segments · Goodwill

Fire & Security — Goodwill

Carrier Global Fire & Security — Goodwill decreased by 0.9% to $529.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 77.8%, from $2.38B to $529.00M. Over 2 years (FY 2021 to FY 2023), Fire & Security — Goodwill shows a downward trend with a -19.3% CAGR.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2018

Last reportedQ2 2024

Rolls up toGoodwill

How to read this metric

An increase indicates recent M&A activity; a decrease suggests impairment charges due to declining segment performance.

Detailed definition

Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Fire and...

Peer comparison

Common in industrial conglomerates with active M&A strategies; peers typically report this as a component of segment-level intangible assets.

Metric ID: carr_segment_fire_security_goodwill

Historical Data

13 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24
Value	$3.39B	$2.42B	$2.46B	$2.44B	$2.37B	$2.31B	$2.39B	$2.40B	$2.38B	$2.35B	$458.00M	$534.00M	$529.00M
QoQ Change	—	-28.7%	+2.0%	-0.8%	-3.1%	-2.6%	+3.6%	+0.3%	-0.7%	-1.3%	-80.5%	+16.6%	-0.9%
YoY Change	—	—	—	—	-30.1%	-4.5%	-3.0%	-1.9%	+0.5%	+1.8%	-80.8%	-77.7%	-77.8%

Range$458.00M – $3.39B

CAGR-46.1%

Avg YoY Growth-30.4%

Median YoY Growth-4.5%

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Frequently Asked Questions

What is Carrier Global's fire & security — goodwill?: Carrier Global (CARR) reported fire & security — goodwill of $529.00M in Q2 2024.
How has Carrier Global's fire & security — goodwill changed year-over-year?: Carrier Global's fire & security — goodwill decreased by 77.8% year-over-year, from $2.38B to $529.00M.
What is the long-term trend for Carrier Global's fire & security — goodwill?: Over 2 years (2021 to 2023), Carrier Global's fire & security — goodwill has grown at a -19.3% compound annual growth rate (CAGR), from $11.64B to $7.58B.
What does fire & security — goodwill mean?: The value of intangible assets like brand and customer loyalty attributed to the Fire and Security segment from past acquisitions.