Total Assets
Barnes Group Total Assets increased by 1.2% to $3.08B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $3.28B to $3.08B. Over 3 years (FY 2020 to FY 2023), Total Assets shows an upward trend with a 7.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth generally indicates business expansion, while a decline may suggest asset liquidation or a contraction in business scale.
Detailed definition
This is the sum of all current and non-current assets owned by the company, representing the total resource base availab...
Peer comparison
Universal financial metric used by all public companies to define the size of the balance sheet.
total_assetsHistorical 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 | $2.63B | $2.59B | $2.58B | $2.56B | $2.40B | $2.31B | $2.41B | $2.44B | $2.44B | $3.28B | $3.31B | $3.27B | $3.04B | $3.08B |
| QoQ Change | — | -1.5% | -0.4% | -0.8% | -6.0% | -3.8% | +4.4% | +1.3% | -0.2% | +34.3% | +0.9% | -1.0% | -7.2% | +1.2% |
| YoY Change | — | — | — | — | -8.6% | -10.7% | -6.3% | -4.3% | +1.6% | +41.8% | +37.0% | +33.9% | +24.4% | -6.2% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | $590.60M | $595.66M | $606.26M | $1.48B | $1.47B | $1.50B | $1.49B | $1.52B |
| Industrial | $1.68B | $1.71B | $1.70B | $1.64B | $1.69B | $1.61B | $1.39B | $1.42B |
| Total | $2.41B | $2.44B | $2.44B | $3.28B | $3.31B | $3.27B | $3.04B | $3.08B |
Aerospace, Industrial were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Assets at Other Companies
Frequently Asked Questions
- What is Barnes Group's total assets?
- Barnes Group (B) reported total assets of $3.08B in Q3 2024.
- How has Barnes Group's total assets changed year-over-year?
- Barnes Group's total assets decreased by 6.2% year-over-year, from $3.28B to $3.08B.
- What is the long-term trend for Barnes Group's total assets?
- Over 3 years (2020 to 2023), Barnes Group's total assets has grown at a 7.3% compound annual growth rate (CAGR), from $2.68B to $3.31B.
- What does total assets mean?
- The total value of everything the company owns.