Discontinued — last reported Q4 '24
Refrigeration — Operating profit
Carrier Global Refrigeration — Operating profit increased by 263.3% to $396.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 292.1%, from $101.00M to $396.00M. Over 3 years (FY 2021 to FY 2024), Refrigeration — Operating profit shows an upward trend with a 14.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher margins, while a decrease signals rising costs or declining sales performance.
Detailed definition
This metric measures the core profitability of the refrigeration segment by subtracting operating expenses, such as cost...
Peer comparison
Standard across industrial manufacturing peers as 'Segment Operating Income' or 'Segment EBIT'.
carr_segment_refrigeration_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 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $123.00M | $119.00M | $107.00M | $107.00M | $147.00M | $116.00M | $113.00M | $108.00M | $112.00M | $107.00M | $101.00M | $97.00M | $113.00M | $109.00M | $396.00M |
| QoQ Change | — | -3.3% | -10.1% | +0.0% | +37.4% | -21.1% | -2.6% | -4.4% | +3.7% | -4.5% | -5.6% | -4.0% | +16.5% | -3.5% | +263.3% |
| YoY Change | — | — | — | — | +19.5% | -2.5% | +5.6% | +0.9% | -23.8% | -7.8% | -10.6% | -10.2% | +0.9% | +1.9% | +292.1% |
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Frequently Asked Questions
- What is Carrier Global's refrigeration — operating profit?
- Carrier Global (CARR) reported refrigeration — operating profit of $396.00M in Q4 2024.
- How has Carrier Global's refrigeration — operating profit changed year-over-year?
- Carrier Global's refrigeration — operating profit increased by 292.1% year-over-year, from $101.00M to $396.00M.
- What is the long-term trend for Carrier Global's refrigeration — operating profit?
- Over 3 years (2021 to 2024), Carrier Global's refrigeration — operating profit has grown at a 14.5% compound annual growth rate (CAGR), from $476.00M to $715.00M.
- What does refrigeration — operating profit mean?
- The profit earned from the refrigeration segment's core business operations before accounting for interest and taxes.