Discontinued — last reported Q4 '24
Refrigeration — Research and Development Expense
Carrier Global Refrigeration — Research and Development Expense remained flat by 0.0% to $22.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $21.25M to $22.00M. Over 2 years (FY 2022 to FY 2024), Refrigeration — Research and Development Expense shows relatively stable performance with a 3.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Consistent or increasing investment is generally positive for long-term innovation and market competitiveness.
Detailed definition
Expenditures dedicated to the innovation, design, and improvement of refrigeration technologies and products. This inves...
Peer comparison
Standard metric for assessing innovation intensity in industrial manufacturing.
carr_segment_refrigeration_research_and_development_expenseHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $82.00M | $85.00M | $88.00M |
| YoY Change | — | +3.7% | +3.5% |
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Frequently Asked Questions
- What is Carrier Global's refrigeration — research and development expense?
- Carrier Global (CARR) reported refrigeration — research and development expense of $22.00M in Q4 2024.
- How has Carrier Global's refrigeration — research and development expense changed year-over-year?
- Carrier Global's refrigeration — research and development expense increased by 3.5% year-over-year, from $21.25M to $22.00M.
- What is the long-term trend for Carrier Global's refrigeration — research and development expense?
- Over 2 years (2022 to 2024), Carrier Global's refrigeration — research and development expense has grown at a 3.6% compound annual growth rate (CAGR), from $82.00M to $88.00M.
- What does refrigeration — research and development expense mean?
- Money spent on developing new technologies and improving existing refrigeration products.