What is Carrier Global's total cost of revenue?

Carrier Global (CARR) reported total cost of revenue of $4.13B in Q4 2024.

How has Carrier Global's total cost of revenue changed year-over-year?

Carrier Global's total cost of revenue increased by 19.7% year-over-year, from $3.45B to $4.13B.

What is the long-term trend for Carrier Global's total cost of revenue?

Over 2 years (2022 to 2024), Carrier Global's total cost of revenue has grown at a 12.7% compound annual growth rate (CAGR), from $12.99B to $16.51B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Carrier Global CARR Total Cost of Revenue

Total Cost of Revenue at other companies

SPX TechnologiesSPXC

$336.2M+17.3%

EMCOR GroupEME

$3.76B+19.7%

AaonAAON

$371.97M+57.8%

Johnson Controls InternationalJCI

$3.88B+7.6%

Comfort Systems USAFIX

$2.11B+47.8%

Lennox InternationalLII

$783.8M+7.1%

Segments

By segment

See full

CSA$7.07B—

CSE$3.49B—

CSAME$2.5B—

Climate Solutions Americas$1.77B+4.1%

Climate Solutions Europe$904M+14.7%

Climate Solutions Asia Pacific, Middle East & Africa$640M+5.1%

By product

See full

Service$506M+21.9%

Other financials

Income statement

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Revenue$5.3B+2.4%

Gross profit$1.5B+15.9%

Operating income$259.0M-58.8%

Net income$238.0M-42.2%

EPS (diluted)$0.28-40.4%

Balance sheet

See full

Cash & equivalents$1.4B-19.3%

Total debt$12.8B+9.6%

Total equity$13.8B-2.8%

Total assets$37.2B+2.0%

Cash flow

See full

Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

See full

Market cap$63.12B+4.5%

Enterprise value$74.6B+5.9%

P/E48.2×+37.7×

P/S2.9×+0.2×

Profitability

See full

Gross margin26.6%-0.6pp

Operating margin8.2%-4.7pp

Net margin6%-19.8pp

FCF margin7.7%—

Returns & leverage

See full

Return on equity9.4%-34.7pp

Debt / equity0.9×+0.1×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Carrier Global’s 10-K, filed February 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's total cost of revenue?: Carrier Global (CARR) reported total cost of revenue of $4.13B in Q4 2024.
How has Carrier Global's total cost of revenue changed year-over-year?: Carrier Global's total cost of revenue increased by 19.7% year-over-year, from $3.45B to $4.13B.
What is the long-term trend for Carrier Global's total cost of revenue?: Over 2 years (2022 to 2024), Carrier Global's total cost of revenue has grown at a 12.7% compound annual growth rate (CAGR), from $12.99B to $16.51B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.