Investing
CapEx
Barnes Group CapEx decreased by 29.7% to $11.97M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 24.2%, from $15.79M to $11.97M. Over 2 years (FY 2021 to FY 2023), CapEx shows an upward trend with a 27.8% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2024Oct 29, 2024
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
Metric ID:
capital_expendituresHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.71M | $9.17M | $7.38M | $7.41M | $6.12M | $8.13M | $13.43M | $10.95M | $10.67M | $15.79M | $18.33M | $12.84M | $17.02M | $11.97M |
| QoQ Change | — | -5.6% | -19.5% | +0.3% | -17.4% | +32.9% | +65.1% | -18.5% | -2.5% | +48.0% | +16.1% | -30.0% | +32.5% | -29.7% |
| YoY Change | — | — | — | — | -37.0% | -11.3% | +81.9% | +47.8% | +74.4% | +94.1% | +36.5% | +17.3% | +59.5% | -24.2% |
Range$6.12M – $18.33M
CAGR+6.6%
Avg YoY Growth+33.9%
Median YoY Growth+42.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Barnes Group's capex?
- Barnes Group (B) reported capex of $11.97M in Q3 2024.
- How has Barnes Group's capex changed year-over-year?
- Barnes Group's capex decreased by 24.2% year-over-year, from $15.79M to $11.97M.
- What is the long-term trend for Barnes Group's capex?
- Over 2 years (2021 to 2023), Barnes Group's capex has grown at a 27.8% compound annual growth rate (CAGR), from $34.12M to $55.74M.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.