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Barnes Group B Industrial — CapEx

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Other financials

Income statement

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Revenue$387.8M+7.4%
Gross profit$128.4M+19.4%
Operating income$41.8M+319%
Net income-$2.1M+90.1%
EPS (diluted)-$0.04+90.7%

Balance sheet

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Cash & equivalents$80.7M-10.4%
Total debt$1.1B-13.1%
Total equity$1.3B-2.4%
Total assets$3.1B-6.2%

Cash flow

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Operating cash flow$46.7M+63.8%
CapEx$12.0M-24.2%
Free cash flow$34.7M+173%

Valuation

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Market cap$61.57B+71.0%
Enterprise value$62.64B+69.0%
P/S38.1×+15.8×

Profitability

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Gross margin30.6%-1.5pp
Operating margin6.8%+0.6pp
Net margin-2.5%-4.3pp
FCF margin1.9%-2.0pp

Returns & leverage

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Return on equity-3%-4.9pp
Debt / equity0.9×-0.1×
Current ratio2.3×-0.1×

Where this comes from

Reported directly by Barnes Group in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Barnes Group’s 10-K, filed February 26, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Barnes Group's industrial — capex?
Barnes Group (B) reported industrial — capex of $5.6M in Q4 2023.
How has Barnes Group's industrial — capex changed year-over-year?
Barnes Group's industrial — capex increased by 16.7% year-over-year, from $4.8M to $5.6M.
What is the long-term trend for Barnes Group's industrial — capex?
Over 2 years (2021 to 2023), Barnes Group's industrial — capex has grown at a 2.5% compound annual growth rate (CAGR), from $21.3M to $22.4M.
What does industrial — capex mean?
This metric measures the cash outflows used by the Industrial segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. It serves as a primary indicator of the company's commitment to expanding its industrial production capacity or improving operational efficiency through technological upgrades. High levels of expenditure often signal growth initiatives, while lower levels may indicate a focus on cash preservation or a mature asset base.