Discontinued — last reported Q2 '23
Health Care — Restructuring Charges
Procter & Gamble Health Care — Restructuring Charges remained flat by 0.0% to $7.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 12.5%, from $8.00M to $7.00M. Over 2 years (FY 2021 to FY 2023), Health Care — Restructuring Charges shows a downward trend with a -25.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High charges indicate significant organizational change, which may temporarily depress earnings but often aims to improve future profitability.
Detailed definition
These are costs incurred to reorganize the Health Care segment's operations, which may include severance, facility closu...
Peer comparison
Comparable to restructuring or impairment charges reported by peers undergoing operational transformation or cost-saving initiatives.
pg_segment_health_care_restructuring_chargesHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $51.00M | $32.00M | $28.00M |
| YoY Change | — | -37.3% | -12.5% |
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Frequently Asked Questions
- What is Procter & Gamble's health care — restructuring charges?
- Procter & Gamble (PG) reported health care — restructuring charges of $7.00M in Q2 2023.
- How has Procter & Gamble's health care — restructuring charges changed year-over-year?
- Procter & Gamble's health care — restructuring charges decreased by 12.5% year-over-year, from $8.00M to $7.00M.
- What is the long-term trend for Procter & Gamble's health care — restructuring charges?
- Over 2 years (2021 to 2023), Procter & Gamble's health care — restructuring charges has grown at a -25.9% compound annual growth rate (CAGR), from $51.00M to $28.00M.
- What does health care — restructuring charges mean?
- One-time costs associated with reorganizing or streamlining the Health Care business operations.