Glass House Brands (GLAS) Restructuring Costs (2022 - 2024)

Glass House Brands' (GLAS) quarterly Restructuring Costs came in at $6.5 million in Q1 2024, down 67.13% year-on-year from $19.7 million in Q2 2023, and down 79.68% on a QoQ basis from $31.8 million in Q4 2023.

Glass House Brands (GLAS) Restructuring Costs (2022 - 2024) Analysis & Trends

Glass House Brands (GLAS) has 3 years of Restructuring Costs data on file, last reported at $6.5 million in Q1 2024.

  • On a quarterly basis, Restructuring Costs fell 67.13% year-over-year to $6.5 million in Q1 2024; TTM through Mar 2024 was $60.0 million, a 173.07% increase from a year earlier, with the FY2023 full-year figure at $31.8 million, up 1425.22% from the prior year.
  • Restructuring Costs for Q1 2024 stood at $6.5 million, down from $31.8 million in the prior quarter.
  • Over the last five years, Restructuring Costs for GLAS reached as high as $31.8 million in Q4 2023 and fell as low as $99000.0 in Q2 2022.
  • Historically, Restructuring Costs has averaged $8.7 million across 3 years, with a median of $2.1 million in 2022.
  • Across the five-year window, Restructuring Costs soared 3576.64% in 2023 and slumped 67.13% in 2024, its largest moves.
  • Year by year, Restructuring Costs stood at $2.1 million in 2022, then soared by 1425.22% to $31.8 million in 2023, then plunged by 79.68% to $6.5 million in 2024.
  • Per Business Quant data, the three most recent Restructuring Costs figures were $6.5 million in Q1 2024, $31.8 million in Q4 2023, and $19.7 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Haleon 89.28 Bn 87.42 Bn -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn
10 Glass House Brands 873.84 Mn 845.91 Mn 10.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 6.47 Mn
Dec 31, 2023 31.82 Mn
Mar 31, 2023 19.67 Mn
Dec 31, 2022 2.09 Mn
Sep 30, 2022 131,000.00
Jun 30, 2022 99,000.00
Mar 31, 2022 535,000.00