Business Segments · Severance charges
Mobility — Severance charges
S&P Global Mobility — Severance charges increased by 100.0% to $6.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $3.00M to $6.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
Rolls up toRestructuring Charges
How to read this metric
Higher charges indicate active restructuring or downsizing, which may lead to future cost savings but also signal potential operational disruption.
Detailed definition
Reflects the costs incurred by the Mobility segment related to employee termination benefits and workforce reductions. T...
Peer comparison
Commonly reported as part of 'restructuring costs' or 'special items' in peer financial statements.
Metric ID:
spgi_segment_mobility_severance_chargesHistorical Data
5 periods
| Q2 '22 | Q3 '22 | Q2 '23 | Q3 '23 | Q2 '24 | |
|---|---|---|---|---|---|
| Value | $2.00M | $1.00M | $3.00M | $3.00M | $6.00M |
| QoQ Change | — | -50.0% | +200.0% | +0.0% | +100.0% |
| YoY Change | — | — | +50.0% | +200.0% | +100.0% |
Range$1.00M – $6.00M
CAGR+200.0%
Avg YoY Growth+116.7%
Median YoY Growth+100.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is S&P Global's mobility — severance charges?
- S&P Global (SPGI) reported mobility — severance charges of $6.00M in Q2 2024.
- How has S&P Global's mobility — severance charges changed year-over-year?
- S&P Global's mobility — severance charges increased by 100.0% year-over-year, from $3.00M to $6.00M.
- What does mobility — severance charges mean?
- Expenses related to employee layoffs and restructuring programs.