Operating Income
Barnes Group Operating Income increased by 2079.2% to $41.82M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 318.6%, from $9.99M to $41.82M. Over 2 years (FY 2021 to FY 2023), Operating Income shows a downward trend with a -23.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| 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 | $38.54M | $43.71M | $35.39M | $31.11M | -$28.19M | $30.04M | $24.16M | $23.28M | $26.01M | $9.99M | $29.71M | $39.68M | -$2.11M | $41.82M |
| QoQ Change | — | +13.4% | -19.0% | -12.1% | -190.6% | +206.6% | -19.6% | -3.6% | +11.7% | -61.6% | +197.4% | +33.6% | -105.3% | >999% |
| YoY Change | — | — | — | — | -173.1% | -31.3% | -31.7% | -25.2% | +192.3% | -66.7% | +23.0% | +70.4% | -108.1% | +318.6% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | $18.04M | $18.75M | $16.58M | $3.62M | $14.05M | $31.09M | $29.34M | $35.32M |
| Industrial | — | $4.53M | $9.43M | $6.37M | $15.67M | $8.60M | -$31.46M | $6.50M |
| Total | $24.16M | $23.28M | $26.01M | $9.99M | $29.71M | $39.68M | -$2.11M | $41.82M |
Aerospace, Industrial were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Barnes Group's operating income?
- Barnes Group (B) reported operating income of $41.82M in Q3 2024.
- How has Barnes Group's operating income changed year-over-year?
- Barnes Group's operating income increased by 318.6% year-over-year, from $9.99M to $41.82M.
- What is the long-term trend for Barnes Group's operating income?
- Over 2 years (2021 to 2023), Barnes Group's operating income has grown at a -23.0% compound annual growth rate (CAGR), from $150.02M to $88.99M.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.