Other Income & Expense
Gain on Sale of Business
Barnes Group Gain on Sale of Business decreased by 116.2% to -$1.65M in Q3 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
First reportedQ2 2023
Last reportedQ3 2024Oct 29, 2024
How to read this metric
A gain indicates successful divestiture of non-core assets, while a loss may suggest impairment or forced liquidation.
Detailed definition
This represents the net profit or loss realized from the divestiture of a business unit, subsidiary, or significant asse...
Peer comparison
Commonly reported by large conglomerates and financial services firms undergoing strategic portfolio shifts.
Metric ID:
etn_gain_on_sale_of_businessHistorical Data
4 periods
| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $10.20M | -$1.65M |
| QoQ Change | — | — | — | -116.2% |
Range-$1.65M – $10.20M
Business Segments
| Segment | Q2 '24 |
|---|---|
| Industrial | -$10.20M |
| Total | $10.20M |
Industrial was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Gain on Sale of Business at Other Companies
Frequently Asked Questions
- What is Barnes Group's gain on sale of business?
- Barnes Group (B) reported gain on sale of business of -$1.65M in Q3 2024.
- What does gain on sale of business mean?
- The profit or loss recognized from selling a business unit or subsidiary.