Carrier Global (BSP:C1RR34) Gross-Profit-to-Asset % : 18.66% (As of Mar. 2024)

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What is Carrier Global Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Carrier Global's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$33,962 Mil. Carrier Global's average Total Assets over the quarter that ended in Mar. 2024 was R$182,023 Mil. Therefore, Carrier Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 18.66%.

Carrier Global Gross-Profit-to-Asset % Historical Data

The historical data trend for Carrier Global's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Carrier Global Gross-Profit-to-Asset % Chart

Carrier Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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25.22

23.78

24.41

20.12

21.01

Carrier Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															20.93	25.70	27.74	19.26	18.66

Competitive Comparison of Carrier Global's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Carrier Global's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carrier Global's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carrier Global's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Carrier Global's Gross-Profit-to-Asset % falls into.

Carrier Global Gross-Profit-to-Asset % Calculation

Carrier Global's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	31275.423	/	( (136831.504	+	160821.236)	/ 2 )
	=	31275.423	/	148826.37
	=	21.01 %

Carrier Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	33962.236	/	( (160821.236	+	203225.638)	/ 2 )
	=	33962.236	/	182023.437
	=	18.66 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Carrier Global Gross-Profit-to-Asset % Related Terms

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Carrier Global (BSP:C1RR34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (BSP:C1RR34) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CARR:USA CARR:Mexico 4PN:Germany CARG:Austria

Address

13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418

Website

https://www.corporate.carrier.com

Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.

Carrier Global (BSP:C1RR34) Headlines

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