Discontinued — last reported Q3 '24
Restructuring Charges
APi Group Restructuring Charges decreased by 150.0% to -$5.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 138.5%, from $13.00M to -$5.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Frequent or large charges may indicate operational instability or a need for significant strategic pivots, while occasional charges are standard in large-scale transformations.
Detailed definition
Restructuring charges are one-time costs associated with reorganizing a company's operations, such as severance pay, fac...
Peer comparison
Used by analysts to identify non-recurring items that distort year-over-year operating comparisons.
restructuring_chargesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $4.00M | $10.00M | $0.00 | $4.00M | $13.00M | -$8.00M | -$2.00M | -$5.00M |
| QoQ Change | — | — | — | — | +150.0% | -100.0% | — | +225.0% | -161.5% | +75.0% | -150.0% |
| YoY Change | — | — | — | — | — | — | — | +225.0% | — | -150.0% | -138.5% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Safety Services | $16.00M | $1.00M | $4.00M | $0.00 | $7.00M | $0.00 | $0.00 | $0.00 |
| Total | — | -$8.00M | -$2.00M | -$5.00M | — | — | — | — |
Safety Services was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Restructuring Charges at Other Companies
Frequently Asked Questions
- What is APi Group's restructuring charges?
- APi Group (APG) reported restructuring charges of -$5.00M in Q3 2024.
- How has APi Group's restructuring charges changed year-over-year?
- APi Group's restructuring charges decreased by 138.5% year-over-year, from $13.00M to -$5.00M.
- What does restructuring charges mean?
- One-time costs related to reorganizing or downsizing business operations.