Operating Income
Gross Profit
Carrier Global Gross Profit remained flat by 0.0% to $1.50B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $2.08B to $1.50B. Over 2 years (FY 2022 to FY 2024), Gross Profit shows a downward trend with a -10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
is_gross_profitHistorical Data
3 years
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $7.43B | $8.31B | $5.98B |
| YoY Change | — | +11.8% | -28.0% |
Range$5.98B – $8.31B
CAGR-10.3%
Avg YoY Growth-8.1%
Median YoY Growth-8.1%
Gross Profit at Other Companies
Frequently Asked Questions
- What is Carrier Global's gross profit?
- Carrier Global (CARR) reported gross profit of $1.50B in Q4 2024.
- How has Carrier Global's gross profit changed year-over-year?
- Carrier Global's gross profit decreased by 28.0% year-over-year, from $2.08B to $1.50B.
- What is the long-term trend for Carrier Global's gross profit?
- Over 2 years (2022 to 2024), Carrier Global's gross profit has grown at a -10.3% compound annual growth rate (CAGR), from $7.43B to $5.98B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.