Non-Current Assets

Property, plant and equipment at cost

Barnes Group Property, plant and equipment at cost increased by 3.8% to $858.05M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.0%, from $1.01B to $858.05M. Over 3 years (FY 2020 to FY 2023), Property, plant and equipment at cost shows an upward trend with a 4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2024Oct 29, 2024

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$912.21M$905.30M$904.90M$909.28M$890.97M$878.99M$906.98M$922.86M$930.17M$1.01B$1.03B$817.38M$826.96M$858.05M
QoQ Change-0.8%-0.0%+0.5%-2.0%-1.3%+3.2%+1.8%+0.8%+8.5%+2.2%-20.8%+1.2%+3.8%
YoY Change-2.3%-2.9%+0.2%+1.5%+4.4%+14.8%+13.7%-11.4%-11.1%-15.0%
Range$817.38M$1.03B
CAGR-1.9%
Avg YoY Growth-0.8%
Median YoY Growth-1.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Barnes Group's property, plant and equipment at cost?
Barnes Group (B) reported property, plant and equipment at cost of $858.05M in Q3 2024.
How has Barnes Group's property, plant and equipment at cost changed year-over-year?
Barnes Group's property, plant and equipment at cost decreased by 15.0% year-over-year, from $1.01B to $858.05M.
What is the long-term trend for Barnes Group's property, plant and equipment at cost?
Over 3 years (2020 to 2023), Barnes Group's property, plant and equipment at cost has grown at a 4.3% compound annual growth rate (CAGR), from $910.38M to $1.03B.
What does property, plant and equipment at cost mean?
The total original cost of all physical assets owned by the company before subtracting depreciation.