Flotek Industries (FTK) Restructuring Costs (2022 - 2024)

Flotek Industries' (FTK) quarterly Restructuring Costs came in at -$23000.0 in Q4 2024, down 27.78% year-on-year from -$31846.2 in Q1 2024, and down 215.0% on a QoQ basis from $20000.0 in Q2 2024.

Flotek Industries (FTK) Restructuring Costs (2022 - 2024) Analysis & Trends

Flotek Industries (FTK) has 3 years of Restructuring Costs data on file, last reported at -$23000.0 in Q4 2024.

  • On a quarterly basis, Restructuring Costs fell 27.78% year-over-year to -$23000.0 in Q4 2024; TTM through Sep 2024 was $5000.0, a 101.13% increase from a year earlier, with the FY2025 full-year figure at $530000.0, changed N/A from the prior year.
  • Restructuring Costs for Q4 2024 stood at -$23000.0, down from $20000.0 in the prior quarter.
  • Over the last five years, Restructuring Costs for FTK reached as high as $2.2 million in Q1 2023 and fell as low as -$2.3 million in Q2 2023.
  • Historically, Restructuring Costs has averaged -$6818.2 across 3 years, with a median of -$7000.0 in 2022.
  • On a YoY basis, Restructuring Costs climbed as much as 31857.14% in 2023 and fell as far as 473.61% in 2023.
  • Year by year, Restructuring Costs stood at -$387000.0 in 2022, then surged by 95.35% to -$18000.0 in 2023, then dropped by 27.78% to -$23000.0 in 2024.
  • Per Business Quant data, the three most recent Restructuring Costs figures were -$23000.0 in Q4 2024, $20000.0 in Q2 2024, and $3000.0 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Flotek Industries 926.33 Mn 926.22 Mn 15.54 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -23,000.00
Jun 30, 2024 20,000.00
Mar 31, 2024 3,000.00
Dec 31, 2023 -18,000.00
Sep 30, 2023 2,000.00
Jun 30, 2023 -2.28 Mn
Mar 31, 2023 2.22 Mn
Dec 31, 2022 -387,000.00
Sep 30, 2022 -219,000.00
Jun 30, 2022 610,000.00
Mar 31, 2022 -7,000.00