Operating
Gain on sale of property, plant, and equipment
Barnes Group Gain on sale of property, plant, and equipment increased by 274.6% to $117.00K in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.4%, from $125.00K to $117.00K. Over 2 years (FY 2021 to FY 2023), Gain on sale of property, plant, and equipment shows an upward trend with a 8.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ2 2024Jul 31, 2024
How to read this metric
A large gain may indicate successful asset optimization or divestiture, but it is a non-recurring item.
Detailed definition
This reflects the accounting gain recognized from the disposal of property, plant, and equipment that exceeds the asset'...
Peer comparison
Common in industrial companies undergoing restructuring or asset portfolio optimization.
Metric ID:
adi_gain_on_sale_of_ppeHistorical Data
13 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.00K | $338.00K | $613.00K | $1.00K | -$48.00K | $33.00K | $835.00K | $55.00K | $125.00K | $22.00K | $995.00K | -$67.00K | $117.00K |
| QoQ Change | — | >999% | +81.4% | -99.8% | <-999% | +168.8% | >999% | -93.4% | +127.3% | -82.4% | >999% | -106.7% | +274.6% |
| YoY Change | — | — | — | — | -284.6% | -90.2% | +36.2% | >999% | +360.4% | -33.3% | +19.2% | -221.8% | -6.4% |
Range-$67.00K – $995.00K
CAGR+65.1%
Avg YoY Growth+575.5%
Median YoY Growth-6.4%
Gain on sale of property, plant, and equipment at Other Companies
Frequently Asked Questions
- What is Barnes Group's gain on sale of property, plant, and equipment?
- Barnes Group (B) reported gain on sale of property, plant, and equipment of $117.00K in Q2 2024.
- How has Barnes Group's gain on sale of property, plant, and equipment changed year-over-year?
- Barnes Group's gain on sale of property, plant, and equipment decreased by 6.4% year-over-year, from $125.00K to $117.00K.
- What is the long-term trend for Barnes Group's gain on sale of property, plant, and equipment?
- Over 2 years (2021 to 2023), Barnes Group's gain on sale of property, plant, and equipment has grown at a 8.0% compound annual growth rate (CAGR), from $1.03M to $1.20M.
- What does gain on sale of property, plant, and equipment mean?
- The accounting profit recorded when selling assets for more than their book value.