Income Before Tax
Pre-Tax Income
Barnes Group Pre-Tax Income increased by 198.4% to $21.73M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 282.2%, from -$11.93M to $21.73M. Over 2 years (FY 2021 to FY 2023), Pre-Tax Income shows a downward trend with a -49.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2024Oct 29, 2024
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical 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 | $32.80M | $38.47M | $29.58M | $25.92M | -$31.11M | $24.26M | $19.12M | $16.64M | $22.39M | -$11.93M | $6.17M | $13.16M | -$22.08M | $21.73M |
| QoQ Change | — | +17.3% | -23.1% | -12.4% | -220.0% | +178.0% | -21.2% | -13.0% | +34.6% | -153.3% | +151.7% | +113.3% | -267.8% | +198.4% |
| YoY Change | — | — | — | — | -194.9% | -36.9% | -35.4% | -35.8% | +172.0% | -149.2% | -67.8% | -20.9% | -198.6% | +282.2% |
Range-$31.11M – $38.47M
CAGR-11.9%
Avg YoY Growth-28.5%
Median YoY Growth-36.4%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Barnes Group's pre-tax income?
- Barnes Group (B) reported pre-tax income of $21.73M in Q3 2024.
- How has Barnes Group's pre-tax income changed year-over-year?
- Barnes Group's pre-tax income increased by 282.2% year-over-year, from -$11.93M to $21.73M.
- What is the long-term trend for Barnes Group's pre-tax income?
- Over 2 years (2021 to 2023), Barnes Group's pre-tax income has grown at a -49.0% compound annual growth rate (CAGR), from $127.82M to $33.27M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.