Carrier Global (CARR) Revenue & Revenue Breakdown
Carrier Global Revenue Highlights
Latest Revenue (Y)
$22.10B
Latest Revenue (Q)
$6.69B
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
Carrier Global Revenue by Period
Carrier Global Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $22.10B | 8.21% |
| 2022-12-31 | $20.42B | -0.93% |
| 2021-12-31 | $20.61B | 18.09% |
| 2020-12-31 | $17.46B | -6.19% |
| 2019-12-31 | $18.61B | -1.62% |
| 2018-12-31 | $18.91B | 6.17% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $6.69B | 8.20% |
| 2024-03-31 | $6.18B | 21.17% |
| 2023-12-31 | $5.10B | -10.98% |
| 2023-09-30 | $5.73B | -4.36% |
| 2023-06-30 | $5.99B | 13.64% |
| 2023-03-31 | $5.27B | 3.29% |
| 2022-12-31 | $5.11B | -6.35% |
| 2022-09-30 | $5.45B | 4.61% |
| 2022-06-30 | $5.21B | 11.97% |
| 2022-03-31 | $4.65B | -9.33% |
| 2021-12-31 | $5.13B | -3.89% |
| 2021-09-30 | $5.34B | -1.82% |
| 2021-06-30 | $5.44B | 15.77% |
| 2021-03-31 | $4.70B | 2.29% |
| 2020-12-31 | $4.59B | -8.16% |
| 2020-09-30 | $5.00B | 25.93% |
| 2020-06-30 | $3.97B | 2.16% |
| 2020-03-31 | $3.89B | -13.62% |
| 2019-12-31 | $4.50B | -6.66% |
| 2019-09-30 | $4.82B | -2.82% |
| 2019-06-30 | $4.96B | 14.78% |
| 2019-03-31 | $4.32B | - |
Carrier Global generated $6.69B in revenue during Q2 2024, up 8.20% compared to the previous quarter, and up 126.85% compared to the same period a year ago.
Carrier Global Revenue Breakdown
Carrier Global Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 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/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $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 | $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 Jun 24: Product (89.76%), and Service (10.24%).
Carrier Global Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Asia Pacific | $4.35B | $3.49B | $3.46B | $2.65B |
| UNITED STATES | $12.21B | $11.80B | $10.49B | $9.11B |
| Other Geographical Region | $812.00M | $776.00M | $881.00M | $761.00M |
| Europe | $4.73B | $4.36B | $5.78B | $4.93B |
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
| Country | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $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 | $3.48B | $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 |
| Asia Pacific | $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 |
| Other Geographical Region | $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 |
Carrier Global's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (51.98%), Europe (28.24%), Asia Pacific (16.50%), and Other Geographical Region (3.27%).
Carrier Global Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JCI | Johnson Controls | $26.79B | $2.49B |
| CARR | Carrier Global | $22.10B | $6.69B |
| TT | Trane | $17.68B | $5.31B |
| OC | Owens Corning | $9.68B | $2.79B |
| LII | Lennox | $4.98B | $1.45B |
| FBIN | Fortune Brands Innovations | $4.63B | $1.24B |
| CSL | Carlisle Companies | $4.59B | $1.45B |
| JELD | JELD-WEN | $4.30B | $986.00M |
| LPX | Louisiana-Pacific | $2.58B | $724.00M |
| AZEK | AZEK Company | $1.37B | $418.41M |
| AAON | AAON | $1.17B | $313.57M |
| NX | Quanex Building Products | $1.13B | $280.35M |
| TREX | Trex Company | $1.09B | $376.47M |
| MAS | Masco | - | $2.09B |
CARR Revenue FAQ
What is Carrier Global’s yearly revenue?
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.
What is Carrier Global’s quarterly revenue?
Carrier Global'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). The company'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). CARR's quarterly revenue for Q4 2023 was $5.1B, a -10.98% decrease from the previous quarter (Q3 2023), and a -0.06% decrease year-over-year (Q4 2022).
What is Carrier Global’s revenue growth rate?
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%.
What are Carrier Global’s revenue streams?
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.
What is Carrier Global’s main source of revenue?
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.