Flotek Industries (FTK) Restructuring Costs (2022 - 2024)
Flotek Industries (FTK) posted quarterly Restructuring Costs of -$23000.0 for Q4 2024, down 27.78% year-over-year from -$31846.2 in Q1 2024, and down 215.0% quarter-over-quarter from $20000.0 in Q2 2024.
Flotek Industries (FTK) Restructuring Costs (2022 - 2024) Analysis & Trends
Flotek Industries (FTK) has reported Restructuring Costs for 3 consecutive years, with -$23000.0 the latest figure, recorded in Q4 2024.
- In Q4 2024, Restructuring Costs fell 27.78% year-over-year to -$23000.0; the TTM figure through Sep 2024 stood at $5000.0 (up 101.13% YoY), while the FY2025 annual figure was $530000.0, changed N/A from the prior year.
- Restructuring Costs slipped to -$23000.0 in Q4 2024 per FTK's latest filing, from $20000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $2.2 million in Q1 2023 and bottomed at -$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.
- Flotek Industries' Restructuring Costs stood at -$387000.0 in 2022, then soared by 95.35% to -$18000.0 in 2023, then decreased by 27.78% to -$23000.0 in 2024.
- Business Quant data shows FTK's Restructuring Costs at -$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 | 79.95 Bn | 75.87 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn |
| 10 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |