Discontinued — last reported Q1 '24
Power — Restructuring and other charges
General Electric Power — Restructuring and other charges increased by 80.8% to $47.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 147.4%, from $19.00M to $47.00M. Over 2 years (FY 2021 to FY 2023), Power — Restructuring and other charges shows a downward trend with a -46.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High charges indicate significant operational transformation, which may lead to future margin expansion but signal current instability.
Detailed definition
Costs associated with organizational realignment, including severance, facility closures, and asset rationalization effo...
Peer comparison
Common across large industrial conglomerates undergoing strategic shifts or cost-cutting programs.
ge_segment_power_restructuring_and_other_chargesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $92.25M | $92.25M | $92.25M | $34.00M | $33.00M | $30.00M | $58.00M | $19.00M | $19.00M | $43.00M | $26.00M | $47.00M |
| QoQ Change | — | +0.0% | +0.0% | -63.1% | -2.9% | -9.1% | +93.3% | -67.2% | +0.0% | +126.3% | -39.5% | +80.8% |
| YoY Change | — | — | — | — | -64.2% | -67.5% | -37.1% | -44.1% | -42.4% | +43.3% | -55.2% | +147.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's power — restructuring and other charges?
- General Electric (GE) reported power — restructuring and other charges of $47.00M in Q1 2024.
- How has General Electric's power — restructuring and other charges changed year-over-year?
- General Electric's power — restructuring and other charges increased by 147.4% year-over-year, from $19.00M to $47.00M.
- What is the long-term trend for General Electric's power — restructuring and other charges?
- Over 2 years (2021 to 2023), General Electric's power — restructuring and other charges has grown at a -46.2% compound annual growth rate (CAGR), from $369.00M to $107.00M.
- What does power — restructuring and other charges mean?
- Expenses related to reorganizing business operations to reduce costs or improve efficiency.