Discontinued — last reported Q2 '24
Fire & Security — Operating Profit
Carrier Global Fire & Security — Operating Profit increased by 1861.4% to $3.00B in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 2011.5%, from -$157.00M to $3.00B. Over 2 years (FY 2021 to FY 2023), Fire & Security — Operating Profit shows a downward trend with a -43.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher profit indicates strong operational efficiency and pricing power; lower profit suggests rising costs or margin compression.
Detailed definition
The profit earned by the Fire and Security segment from its core operations, calculated as net sales minus operating exp...
Peer comparison
The standard measure of segment-level performance; directly comparable to segment EBIT or operating income at peer industrial companies.
carr_segment_fire_security_operating_profitHistorical Data
| 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 | $148.00M | $182.00M | $182.00M | $1.22B | $134.00M | $142.00M | $136.00M | $93.00M | -$157.00M | $164.00M | $109.00M | $153.00M | $3.00B |
| QoQ Change | — | +23.0% | +0.0% | +569.2% | -89.0% | +6.0% | -4.2% | -31.6% | -268.8% | +204.5% | -33.5% | +40.4% | >999% |
| YoY Change | — | — | — | — | -9.5% | -22.0% | -25.3% | -92.4% | -217.2% | +15.5% | -19.9% | +64.5% | >999% |
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Frequently Asked Questions
- What is Carrier Global's fire & security — operating profit?
- Carrier Global (CARR) reported fire & security — operating profit of $3.00B in Q2 2024.
- How has Carrier Global's fire & security — operating profit changed year-over-year?
- Carrier Global's fire & security — operating profit increased by 2011.5% year-over-year, from -$157.00M to $3.00B.
- What is the long-term trend for Carrier Global's fire & security — operating profit?
- Over 2 years (2021 to 2023), Carrier Global's fire & security — operating profit has grown at a -43.8% compound annual growth rate (CAGR), from $662.00M to $209.00M.
- What does fire & security — operating profit mean?
- The profit made by the Fire and Security segment from its day-to-day business activities.