Business Segments · CapEx

Aerospace — CapEx

Barnes Group Aerospace — CapEx remained flat by 0.0% to $8.20M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 120.1%, from $3.73M to $8.20M. Over 2 years (FY 2021 to FY 2023), Aerospace — CapEx shows an upward trend with a 60.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2023

How to read this metric

Higher spending generally signals growth investment or modernization, whereas lower spending may indicate a focus on cash preservation or a mature asset cycle.

Detailed definition

This metric measures the cash outflows used by the Aerospace segment to acquire, upgrade, or maintain physical assets su...

Peer comparison

Aerospace manufacturers typically benchmark this against net sales to determine the capital intensity ratio relative to industry peers.

Metric ID: b_segment_aerospace_capital_expenditures

Historical Data

3 years
 FY'21FY'22FY'23
Value$12.70M$14.90M$32.80M
YoY Change+17.3%+120.1%
Range$12.70M$32.80M
CAGR+60.7%
Avg YoY Growth+68.7%
Median YoY Growth+68.7%
Current Streak2+ years growth

Frequently Asked Questions

What is Barnes Group's aerospace — capex?
Barnes Group (B) reported aerospace — capex of $8.20M in Q4 2023.
How has Barnes Group's aerospace — capex changed year-over-year?
Barnes Group's aerospace — capex increased by 120.1% year-over-year, from $3.73M to $8.20M.
What is the long-term trend for Barnes Group's aerospace — capex?
Over 2 years (2021 to 2023), Barnes Group's aerospace — capex has grown at a 60.7% compound annual growth rate (CAGR), from $12.70M to $32.80M.
What does aerospace — capex mean?
The amount of cash the aerospace segment spends on physical assets like machinery and facilities to support its operations.