Carrier Global (CARR) Other Working Capital Changes (2019 - 2024)
Carrier Global (CARR) posted quarterly Other Working Capital Changes of -$1.0 million for Q2 2024, up 96.3% year-over-year from -$509434.0 in Q3 2023, and up 94.44% quarter-over-quarter from -$18.0 million in Q1 2024.
Carrier Global (CARR) Other Working Capital Changes (2019 - 2024) Analysis & Trends
Carrier Global (CARR) has reported Other Working Capital Changes for 6 consecutive years, with -$1.0 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Other Working Capital Changes rose 96.3% year-over-year to -$1.0 million; the TTM figure through Jun 2024 stood at $18.0 million (down 25.0% YoY), while the FY2023 annual figure was $74.0 million, up 155.17% from the prior year.
- Other Working Capital Changes grew to -$1.0 million in Q2 2024 per CARR's latest filing, from -$18.0 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $60.0 million in Q1 2023 and bottomed at -$107.0 million in Q4 2022.
- Historically, Other Working Capital Changes has averaged $4.3 million across 5 years, with a median of $10.0 million in 2020.
- On a YoY basis, Other Working Capital Changes climbed as much as 866.67% in 2022 and fell as far as 900.0% in 2022.
- Carrier Global's Other Working Capital Changes stood at $2.0 million in 2020, then jumped by 300.0% to $8.0 million in 2021, then slumped by 162.5% to -$5.0 million in 2022, then jumped by 480.0% to $19.0 million in 2023, then plunged by 105.26% to -$1.0 million in 2024.
- Business Quant data shows CARR's Other Working Capital Changes at -$1.0 million in Q2 2024, -$18.0 million in Q1 2024, and $19.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 52.00 Mn |
| Mar 31, 2024 | 52.00 Mn |
| Mar 31, 2024 | 52.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Sep 30, 2023 | -30.00 Mn |
| Sep 30, 2023 | -30.00 Mn |
| Sep 30, 2023 | -30.00 Mn |
| Jun 30, 2023 | 45.00 Mn |
| Jun 30, 2023 | 45.00 Mn |
| Jun 30, 2023 | 45.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | -107.00 Mn |
| Dec 31, 2022 | -107.00 Mn |
| Dec 31, 2022 | -107.00 Mn |
| Sep 30, 2022 | -34.00 Mn |
| Sep 30, 2022 | -34.00 Mn |