Carrier Global (CARR) Other Working Capital Changes (2019 - 2024)
Carrier Global (CARR) recorded Other Working Capital Changes of $52 million in Q1 2024, down 18.8% from $64 million a year earlier but up 23.8% from the prior quarter.
Carrier Global (CARR) Other Working Capital Changes (2019 - 2024) Analysis & Trends
For FY2023, Carrier Global reported Other Working Capital Changes of $117 million.
- Annual Other Working Capital Changes has a five-year compound annual growth rate of 37.3% (FY2018 to FY2023).
- Across earlier years, Other Working Capital Changes came in at -$104 million in FY2022, $51 million in FY2021 (+10.9%), $46 million in FY2020 and -$62 million in FY2019.
- Quarterly Other Working Capital Changes has ranged from -$138 million in Q4 2022 to $98 million in Q4 2020 over the past five years.
- On a year-over-year basis, Other Working Capital Changes rose in three of the last four quarters, with growth averaging 289.9%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 800.0% in Q2 2022, against a decline of 91.8% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $42 million (Q4 2023), -$30 million (Q3 2023) and $41 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn |
| 10 | Lennox International | 12.73 Bn | 12.54 Bn | 539.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 52.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Sep 30, 2023 | -30.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | -138.00 Mn |
| Sep 30, 2022 | -8.00 Mn |
| Jun 30, 2022 | 27.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 8.00 Mn |
| Sep 30, 2021 | 1.00 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 39.00 Mn |
| Dec 31, 2020 | 98.00 Mn |
| Sep 30, 2020 | -89.00 Mn |
| Jun 30, 2020 | -14.00 Mn |
| Mar 31, 2020 | 51.00 Mn |
| Dec 31, 2019 | -12.00 Mn |
| Sep 30, 2019 | -34.00 Mn |
| Jun 30, 2019 | -43.00 Mn |
Carrier Global Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=CARR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "CARR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=CARR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();