Interface (TILE) Restructuring Costs (2011 - 2023)
Interface's (TILE) quarterly Restructuring Costs came in at -$2.6 million in Q3 2023, down 426.42% on a YoY basis from $810000.0 in Q3 2022, and down 1961.97% quarter-over-quarter from $142000.0 in Q2 2023.
Analysis
Interface (TILE) Restructuring Costs (2011 - 2023) Analysis & Trends
Interface (TILE) has reported Restructuring Costs for 10 consecutive years, with -$2.6 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Restructuring Costs fell 426.42% year-over-year to -$2.6 million; the trailing twelve-month figure through Mar 2024 stood at -$2.6 million (down 226.82% YoY), and the FY2023 full-year result was -$2.5 million, down 227.33% from the prior year.
- Restructuring Costs declined to -$2.6 million in Q3 2023 per TILE's latest filing, from $142000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $9.0 million in Q4 2019 and bottomed at -$2.6 million in Q3 2023.
- Historically, Restructuring Costs has averaged $406733.3 across 5 years, with a median of -$105000.0 in 2022.
- The sharpest annual moves came in 2022 and 2023: Restructuring Costs soared 1406.45% in 2022, then plunged 426.42% in 2023.
- Over 5 years, Restructuring Costs stood at $9.0 million in 2019, then plunged by 120.9% to -$1.9 million in 2020, then jumped by 302.71% to $3.8 million in 2021, then plunged by 102.75% to -$105000.0 in 2022, then sank by 2418.1% to -$2.6 million in 2023.
- According to Business Quant data, Restructuring Costs over the past three periods registered -$2.6 million, $142000.0, and -$1.7 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Otis Worldwide | 26.10 Bn | 25.29 Bn | 1.14 Bn |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn |
| 3 | Masco | 13.47 Bn | 12.92 Bn | 868.00 Mn |
| 4 | Carlisle Companies | 13.33 Bn | 12.66 Bn | 568.40 Mn |
| 5 | Allegion | 12.94 Bn | 12.62 Bn | 517.50 Mn |
| 6 | Owens Corning | 10.20 Bn | 9.93 Bn | 793.00 Mn |
| 7 | Advanced Drainage Systems | 9.84 Bn | 9.67 Bn | 408.05 Mn |
| 8 | Acuity Inc. (De) | 9.58 Bn | 9.17 Bn | 606.40 Mn |
| 9 | Zurn Elkay Water Solutions | 7.65 Bn | 7.29 Bn | 288.30 Mn |
| 10 | Interface | 1.98 Bn | 1.90 Bn | 178.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 2, 2023 | -2.64 Mn |
| Apr 2, 2023 | 142,000.00 |
| Jan 1, 2023 | -1.66 Mn |
| Oct 2, 2022 | -105,000.00 |
| Jul 3, 2022 | 810,000.00 |
| Apr 3, 2022 | 887,000.00 |
| Oct 3, 2021 | 3.81 Mn |
| Jul 4, 2021 | -62,000.00 |
| Apr 4, 2021 | -130,000.00 |
| Jan 3, 2021 | -1.47 Mn |
| Oct 4, 2020 | -1.88 Mn |
| Jul 5, 2020 | -157,000.00 |
| Apr 5, 2020 | -1.12 Mn |
| Dec 29, 2019 | 9.00 Mn |
| Sep 29, 2019 | 672,000.00 |
| Dec 30, 2018 | 20.53 Mn |
| Dec 31, 2017 | 1,000.00 |
| Apr 2, 2017 | 7.30 Mn |
| Jan 1, 2017 | 19.79 Mn |
| Sep 28, 2014 | 12.39 Mn |