Discontinued — last reported Q3 '24
Industrial — Restructuring Charges
Barnes Group Industrial — Restructuring Charges decreased by 53.0% to $447.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 92.3%, from $5.80M to $447.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates active operational transformation or cost-cutting measures, while a decrease suggests a more stable or completed restructuring phase.
Detailed definition
This metric represents the actual expenses recognized by the Industrial segment related to organizational realignment, f...
Peer comparison
Peers in the industrial manufacturing sector frequently report similar charges under 'restructuring' or 'special items' when undergoing footprint optimization or integration activities.
b_segment_industrial_restructuring_chargesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.98M | $3.98M | $3.98M | $3.98M | $3.98M | $3.98M | $3.98M | $13.09M | $5.80M | $5.06M | $232.00 | $952.00K | $447.00K |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +229.1% | -55.7% | -12.8% | -100.0% | >999% | -53.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +229.1% | +45.9% | +27.1% | — | -92.7% | -92.3% |
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Frequently Asked Questions
- What is Barnes Group's industrial — restructuring charges?
- Barnes Group (B) reported industrial — restructuring charges of $447.00K in Q3 2024.
- How has Barnes Group's industrial — restructuring charges changed year-over-year?
- Barnes Group's industrial — restructuring charges decreased by 92.3% year-over-year, from $5.80M to $447.00K.
- What does industrial — restructuring charges mean?
- The actual costs incurred by the Industrial segment to reorganize or downsize its operations.