Discontinued — last reported Q1 '24
Renewable Energy — Restructuring and other charges
General Electric Renewable Energy — Restructuring and other charges decreased by 2.0% to $96.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 47.7%, from $65.00M to $96.00M. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Restructuring and other charges shows an upward trend with a 20.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High or increasing charges signal significant operational shifts or cost-cutting efforts, which may temporarily depress margins.
Detailed definition
Costs incurred to reorganize business operations, including severance, facility closures, and asset impairments intended...
Peer comparison
Common across industrial conglomerates undergoing portfolio optimization or margin improvement programs.
ge_segment_renewable_energy_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 | $51.00M | $51.00M | $51.00M | $6.00M | $6.00M | $66.00M | $99.00M | $65.00M | $76.00M | $57.00M | $98.00M | $96.00M |
| QoQ Change | — | +0.0% | +0.0% | -88.2% | +0.0% | >999% | +50.0% | -34.3% | +16.9% | -25.0% | +71.9% | -2.0% |
| YoY Change | — | — | — | — | -88.2% | +29.4% | +94.1% | +983.3% | >999% | -13.6% | -1.0% | +47.7% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's renewable energy — restructuring and other charges?
- General Electric (GE) reported renewable energy — restructuring and other charges of $96.00M in Q1 2024.
- How has General Electric's renewable energy — restructuring and other charges changed year-over-year?
- General Electric's renewable energy — restructuring and other charges increased by 47.7% year-over-year, from $65.00M to $96.00M.
- What is the long-term trend for General Electric's renewable energy — restructuring and other charges?
- Over 2 years (2021 to 2023), General Electric's renewable energy — restructuring and other charges has grown at a 20.5% compound annual growth rate (CAGR), from $204.00M to $296.00M.
- What does renewable energy — restructuring and other charges mean?
- One-time costs associated with reorganizing or downsizing business operations.