Discontinued — last reported Q3 '22
Business Segments · Restructuring and other charges
Surface Technologies — Restructuring and other charges
TechnipFMC Surface Technologies — Restructuring and other charges decreased by 56.8% to $1.90M in Q3 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2022
How to read this metric
An increase signals active cost-cutting or organizational change, while a decrease suggests a period of operational stability.
Detailed definition
This captures costs related to reorganizing the Surface Technologies segment, including severance, facility closures, an...
Peer comparison
Similar to 'Restructuring Charges' or 'Transformation Costs' in corporate financial reporting.
Metric ID:
fti_segment_surface_technologies_restructuring_and_other_chargesHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $800.00K | $0.00 | $2.20M | $4.40M | $1.90M |
| QoQ Change | — | -100.0% | — | +100.0% | -56.8% |
| YoY Change | — | — | — | +450.0% | — |
Range$0.00 – $4.40M
CAGR+137.5%
Avg YoY Growth+450.0%
Median YoY Growth+450.0%
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Frequently Asked Questions
- What is TechnipFMC's surface technologies — restructuring and other charges?
- TechnipFMC (FTI) reported surface technologies — restructuring and other charges of $1.90M in Q3 2022.
- What does surface technologies — restructuring and other charges mean?
- Costs incurred to reorganize the business, such as layoffs or closing facilities, to improve future profitability.