Discontinued — last reported Q4 '24

Business Segments · Selling, General and Administrative Expense

Refrigeration — Selling, General and Administrative Expense

Carrier Global Refrigeration — Selling, General and Administrative Expense remained flat by 0.0% to $102.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $112.50M to $102.25M. Over 2 years (FY 2022 to FY 2024), Refrigeration — Selling, General and Administrative Expense shows relatively stable performance with a -1.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2024
Rolls up toSG&A

How to read this metric

Lower ratios relative to sales indicate better operational efficiency and administrative control.

Detailed definition

Operating expenses for the refrigeration segment that are not directly tied to production, including sales commissions,...

Peer comparison

Standard operating expense metric across all corporate segments.

Metric ID: carr_segment_refrigeration_selling_general_and_administrative_expense

Historical Data

3 years
 FY'22FY'23FY'24
Value$421.00M$450.00M$409.00M
YoY Change+6.9%-9.1%
Range$409.00M$450.00M
CAGR-1.4%
Avg YoY Growth-1.1%
Median YoY Growth-1.1%

Frequently Asked Questions

What is Carrier Global's refrigeration — selling, general and administrative expense?
Carrier Global (CARR) reported refrigeration — selling, general and administrative expense of $102.25M in Q4 2024.
How has Carrier Global's refrigeration — selling, general and administrative expense changed year-over-year?
Carrier Global's refrigeration — selling, general and administrative expense decreased by 9.1% year-over-year, from $112.50M to $102.25M.
What is the long-term trend for Carrier Global's refrigeration — selling, general and administrative expense?
Over 2 years (2022 to 2024), Carrier Global's refrigeration — selling, general and administrative expense has grown at a -1.4% compound annual growth rate (CAGR), from $421.00M to $409.00M.
What does refrigeration — selling, general and administrative expense mean?
The overhead costs of running the refrigeration business, such as sales, marketing, and office administration.