Carrier Global (CARR) Revenue & Revenue Breakdown


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Carrier Global Revenue Highlights


Latest Revenue (Y)

$22.10B

Latest Revenue (Q)

$4.47B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Carrier Global Revenue by Period


Carrier Global Revenue by Year

DateRevenueChange
2023-12-31$22.10B8.21%
2022-12-31$20.42B-0.93%
2021-12-31$20.61B18.09%
2020-12-31$17.46B-6.19%
2019-12-31$18.61B-1.62%
2018-12-31$18.91B6.17%
2017-12-31$17.81B-

Carrier Global generated $22.10B in revenue during NA 2023, up 8.21% compared to the previous quarter, and up 116.83% compared to the same period a year ago.

Carrier Global Revenue by Quarter

DateRevenueChange
2024-09-30$4.47B-33.22%
2024-06-30$6.69B8.20%
2024-03-31$6.18B21.17%
2023-12-31$5.10B-10.98%
2023-09-30$5.73B-4.36%
2023-06-30$5.99B13.64%
2023-03-31$5.27B3.29%
2022-12-31$5.11B-6.35%
2022-09-30$5.45B4.61%
2022-06-30$5.21B11.97%
2022-03-31$4.65B-9.33%
2021-12-31$5.13B-3.89%
2021-09-30$5.34B-1.82%
2021-06-30$5.44B15.77%
2021-03-31$4.70B2.29%
2020-12-31$4.59B-8.16%
2020-09-30$5.00B25.93%
2020-06-30$3.97B2.16%
2020-03-31$3.89B-13.62%
2019-12-31$4.50B-6.66%
2019-09-30$4.82B-2.82%
2019-06-30$4.96B14.78%
2019-03-31$4.32B-

Carrier Global generated $4.47B in revenue during Q3 2024, up -33.22% compared to the previous quarter, and up 74.55% compared to the same period a year ago.

Carrier Global Revenue Breakdown


Carrier Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Service$2.54B$2.17B$3.40B$3.11B
Product$19.56B$18.25B$17.21B$14.35B

Carrier Global's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (88.53%), and Service (11.47%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Product$5.31B$6.00B$9.80B$5.08B$4.69B$4.53B$4.89B$4.66B$4.17B$4.26B$4.51B$4.58B$3.86B$3.73B$4.19B$3.27B$3.15B-
Service$677.00M$685.00M$661.00M$650.00M$637.00M$587.00M$578.00M$560.00M$549.00M$484.00M$877.00M$831.00M$856.00M$835.00M$862.00M$809.00M$697.00M$741.00M

Carrier Global's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (88.69%), and Service (11.31%).

Carrier Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Other Geographical Region$812.00M$776.00M$881.00M$761.00M
Asia Pacific$4.35B$3.49B$3.46B$2.65B
Europe$4.73B$4.36B$5.78B$4.93B
UNITED STATES$12.21B$11.80B$10.49B$9.11B

Carrier Global's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (55.23%), Europe (21.40%), Asia Pacific (19.69%), and Other Geographical Region (3.67%).

Quarterly Revenue by Country

CountrySep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Europe$1.72B$1.89B$1.20B$1.12B$1.21B$1.20B$1.17B$1.02B$1.12B$1.04B$1.50B$1.42B$1.46B$1.40B$1.48B$1.31B$969.00M$1.18B
UNITED STATES$3.15B$3.48B$2.62B$3.33B$3.39B$2.86B$2.69B$3.15B$3.17B$2.78B$2.46B$2.83B$2.85B$2.35B$2.12B$2.78B$2.19B$2.01B
Other Geographical Region$184.00M$219.00M$213.00M$211.00M$204.00M$184.00M$193.00M$202.00M$208.00M$173.00M$225.00M$224.00M$226.00M$206.00M$216.00M$200.00M$166.00M$179.00M
Asia Pacific$923.00M$1.10B$1.06B$1.06B$1.19B$1.03B$1.05B$1.07B$713.00M$652.00M$946.00M$869.00M$907.00M$742.00M$776.00M$715.00M$645.00M$519.00M

Carrier Global's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (52.71%), Europe (28.79%), Asia Pacific (15.42%), and Other Geographical Region (3.07%).

Carrier Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JCIJohnson Controls$26.79B$2.49B
CARRCarrier Global$22.10B$4.47B
TTTrane$17.68B$5.44B
OCOwens Corning$9.68B$2.79B
LIILennox$4.98B$1.50B
FBINFortune Brands Innovations$4.63B$1.24B
CSLCarlisle Companies$4.59B$1.33B
JELDJELD-WEN$4.30B$986.00M
LPXLouisiana-Pacific$2.58B$724.00M
AZEKAZEK Company$1.37B$418.41M
AAONAAON$1.17B$313.57M
NXQuanex Building Products$1.13B$280.35M
TREXTrex Company$1.09B$233.72M
MASMasco-$1.98B

CARR Revenue FAQ


Carrier Global's yearly revenue for 2023 was $22.1B, representing an increase of 8.21% compared to 2022. The company's yearly revenue for 2022 was $20.42B, representing a decrease of -0.93% compared to 2021. CARR's yearly revenue for 2021 was $20.61B, representing an increase of 18.09% compared to 2020.

Carrier Global's quarterly revenue for Q3 2024 was $4.47B, a -33.22% decrease from the previous quarter (Q2 2024), and a -22.06% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.69B, a 8.20% increase from the previous quarter (Q1 2024), and a 11.63% increase year-over-year (Q2 2023). CARR's quarterly revenue for Q1 2024 was $6.18B, a 21.17% increase from the previous quarter (Q4 2023), and a 17.24% increase year-over-year (Q1 2023).

Carrier Global's revenue growth rate for the last 3 years (2021-2023) was 7.20%, and for the last 5 years (2019-2023) was 18.76%.

Carrier Global's revenue streams in c 23 are Service, and Product. Service generated $2.54B in revenue, accounting 11.47% of the company's total revenue, up 16.77% year-over-year. Product generated $19.56B in revenue, accounting 88.53% of the company's total revenue, up 7.19% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Carrier Global was Product. This segment made a revenue of $19.56B, representing 88.53% of the company's total revenue.