Discontinued — last reported Q4 '24

Business Segments · Operating profit

HVAC — Operating profit

Carrier Global HVAC — Operating profit decreased by 39.1% to $451.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 34.6%, from $335.00M to $451.00M. Over 3 years (FY 2021 to FY 2024), HVAC — Operating profit shows an upward trend with a 9.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or higher sales margins, while a decrease suggests rising costs or pricing pressure.

Detailed definition

This metric measures the profitability of the HVAC segment after deducting operating expenses from segment net sales. It...

Peer comparison

Standard segment-level profitability metric used across all manufacturing and industrial companies to assess business unit performance.

Metric ID: carr_segment_hvac_operating_profit

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$573.00M$573.00M$227.00M$470.00M$585.00M$1.31B$241.00M$435.00M$742.00M$763.00M$335.00M$429.00M$687.00M$741.00M$451.00M
QoQ Change+0.0%-60.4%+107.0%+24.5%+124.6%-81.7%+80.5%+70.6%+2.8%-56.1%+28.1%+60.1%+7.9%-39.1%
YoY Change+2.1%+129.3%+6.2%-7.4%+26.8%-41.9%+39.0%-1.4%-7.4%-2.9%+34.6%
Range$227.00M$1.31B
CAGR-6.6%
Avg YoY Growth+16.1%
Median YoY Growth+2.1%

Frequently Asked Questions

What is Carrier Global's hvac — operating profit?
Carrier Global (CARR) reported hvac — operating profit of $451.00M in Q4 2024.
How has Carrier Global's hvac — operating profit changed year-over-year?
Carrier Global's hvac — operating profit increased by 34.6% year-over-year, from $335.00M to $451.00M.
What is the long-term trend for Carrier Global's hvac — operating profit?
Over 3 years (2021 to 2024), Carrier Global's hvac — operating profit has grown at a 9.9% compound annual growth rate (CAGR), from $1.74B to $2.31B.
What does hvac — operating profit mean?
The profit generated by the HVAC segment from its core business operations.