Discontinued — last reported Q2 '24
Fire & Security — Restructuring Charges
Carrier Global Fire & Security — Restructuring Charges decreased by 57.1% to $3.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 400.0%, from -$1.00M to $3.00M. Over 2 years (FY 2021 to FY 2023), Fire & Security — Restructuring Charges shows a downward trend with a -8.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High charges indicate significant operational transformation; low charges suggest a stable, mature operating structure.
Detailed definition
Costs incurred to reorganize the Fire and Security segment, including severance, facility closures, and asset write-down...
Peer comparison
Common in industrial firms; peers report this as a non-recurring expense item within segment operating results.
carr_segment_fire_security_restructuring_chargesHistorical 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 | $9.00M | $3.00M | $3.00M | $6.00M | $3.00M | $1.00M | $1.00M | $13.00M | -$1.00M | -$1.00M | $11.00M | $7.00M | $3.00M |
| QoQ Change | — | -66.7% | +0.0% | +100.0% | -50.0% | -66.7% | +0.0% | >999% | -107.7% | +0.0% | >999% | -36.4% | -57.1% |
| YoY Change | — | — | — | — | -66.7% | -66.7% | -66.7% | +116.7% | -133.3% | -200.0% | >999% | -46.2% | +400.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Carrier Global's fire & security — restructuring charges?
- Carrier Global (CARR) reported fire & security — restructuring charges of $3.00M in Q2 2024.
- How has Carrier Global's fire & security — restructuring charges changed year-over-year?
- Carrier Global's fire & security — restructuring charges increased by 400.0% year-over-year, from -$1.00M to $3.00M.
- What is the long-term trend for Carrier Global's fire & security — restructuring charges?
- Over 2 years (2021 to 2023), Carrier Global's fire & security — restructuring charges has grown at a -8.0% compound annual growth rate (CAGR), from $26.00M to $22.00M.
- What does fire & security — restructuring charges mean?
- Expenses related to reorganizing or downsizing the Fire and Security business to improve efficiency.