Discontinued — last reported Q3 '24

Consolidation · Restructuring Charges

Material Reconciling Items — Restructuring Charges

Year-over-year, this metric grew by 633.3%, from $3.00M to $22.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2018
Last reportedQ3 2024

How to read this metric

An increase indicates active efforts to streamline operations or exit underperforming areas, while a decrease suggests a period of operational stability or the completion of restructuring phases.

Detailed definition

This metric represents the non-recurring costs associated with organizational realignments, facility closures, or workfo...

Peer comparison

Peers in the aerospace and industrial manufacturing sectors frequently report similar charges as 'special items' or 'restructuring and other costs' to reconcile GAAP results with adjusted operating performance.

Metric ID: hwm_segment_material_reconciling_items_restructuring_charges

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24
Value$5.00M$8.00M$68.00M$2.00M$6.00M$4.00M$44.00M$1.00M$3.00M$4.00M$0.00$22.00M
QoQ Change+60.0%+750.0%-97.1%+200.0%-33.3%>999%-97.7%+200.0%+33.3%-100.0%
YoY Change+20.0%-50.0%-35.3%-50.0%-50.0%+0.0%-100.0%+633.3%
Range$0.00$68.00M
CAGR+71.4%
Avg YoY Growth+46.0%
Median YoY Growth-42.6%

Frequently Asked Questions

What is Howmet Aerospace's material reconciling items — restructuring charges?
Howmet Aerospace (HWM) reported material reconciling items — restructuring charges of $22.00M in Q2 2024.
How has Howmet Aerospace's material reconciling items — restructuring charges changed year-over-year?
Howmet Aerospace's material reconciling items — restructuring charges increased by 633.3% year-over-year, from $3.00M to $22.00M.
What does material reconciling items — restructuring charges mean?
These are one-time costs incurred to reorganize or downsize business operations to improve future profitability.