Severance accrual, current
ITT Severance accrual, current increased by 227.0% to $12.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 75.4%, from $6.90M to $12.10M. Over 5 years (FY 2020 to FY 2025), Severance accrual, current shows a downward trend with a -28.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase signals active cost-cutting or organizational restructuring, while a decrease indicates the completion of such programs.
Detailed definition
This represents the current portion of estimated costs associated with restructuring activities, such as severance payme...
Peer comparison
Common in industrial conglomerates undergoing periodic operational optimization; varies significantly based on restructuring cycles.
other_restructuring_reserve_currentHistorical 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 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.50M | $14.70M | $11.00M | $6.50M | $5.40M | $4.80M | $3.90M | $3.20M | $2.70M | $2.70M | $4.80M | $3.50M | $3.40M | $2.90M | $2.90M | $6.90M | $4.30M | $3.70M | $3.70M | $12.10M |
| QoQ Change | — | +1.4% | -25.2% | -40.9% | -16.9% | -11.1% | -18.8% | -17.9% | -15.6% | +0.0% | +77.8% | -27.1% | -2.9% | -14.7% | +0.0% | +137.9% | -37.7% | -14.0% | +0.0% | +227.0% |
| YoY Change | — | — | — | — | -62.8% | -67.3% | -64.5% | -50.8% | -50.0% | -43.8% | +23.1% | +9.4% | +25.9% | +7.4% | -39.6% | +97.1% | +26.5% | +27.6% | +27.6% | +75.4% |
Severance accrual, current at Other Companies
Frequently Asked Questions
- What is ITT's severance accrual, current?
- ITT (ITT) reported severance accrual, current of $12.10M in Q1 2026.
- How has ITT's severance accrual, current changed year-over-year?
- ITT's severance accrual, current increased by 75.4% year-over-year, from $6.90M to $12.10M.
- What is the long-term trend for ITT's severance accrual, current?
- Over 5 years (2020 to 2025), ITT's severance accrual, current has grown at a -28.0% compound annual growth rate (CAGR), from $19.10M to $3.70M.
- What does severance accrual, current mean?
- The amount of money set aside for severance and restructuring costs expected to be paid within the next year.