Discontinued — last reported Q3 '24

Business Segments · Restructuring Charges

Aerospace — Restructuring Charges

Barnes Group Aerospace — Restructuring Charges decreased by 2.5% to $459.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 83.7%, from $2.82M to $459.00K. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ2 2020
Last reportedQ3 2024

How to read this metric

High charges indicate significant organizational change; while costly in the short term, they are often intended to improve future margins.

Detailed definition

Costs incurred to reorganize the aerospace segment's operations, such as severance, facility closures, or process consol...

Peer comparison

Common in industrial companies undergoing cost-reduction or efficiency initiatives.

Metric ID: b_segment_aerospace_a_restructuring_charges

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$562.75K$562.75K$562.75K$562.75K$562.75K$562.75K$562.75K$695.00K$2.82M$2.82M$363.00K$471.00K$459.00K
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+23.5%+305.9%+0.0%-87.1%+29.8%-2.5%
YoY Change+0.0%+0.0%+0.0%+23.5%+401.3%+401.3%-32.2%-83.7%
Range$363.00K$2.82M
CAGR-6.6%
Avg YoY Growth+88.8%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Barnes Group's aerospace — restructuring charges?
Barnes Group (B) reported aerospace — restructuring charges of $459.00K in Q3 2024.
How has Barnes Group's aerospace — restructuring charges changed year-over-year?
Barnes Group's aerospace — restructuring charges decreased by 83.7% year-over-year, from $2.82M to $459.00K.
What does aerospace — restructuring charges mean?
Expenses related to reorganizing or downsizing parts of the aerospace business.