Barnes Group CapEx decreased by 29.7% to $11.97M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 24.2%, from $15.79M to $11.97M. Over 2 years (FY 2021 to FY 2023), CapEx shows an upward trend with a 27.8% CAGR.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expenditures| 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 | $9.71M | $9.17M | $7.38M | $7.41M | $6.12M | $8.13M | $13.43M | $10.95M | $10.67M | $15.79M | $18.33M | $12.84M | $17.02M | $11.97M |
| QoQ Change | — | -5.6% | -19.5% | +0.3% | -17.4% | +32.9% | +65.1% | -18.5% | -2.5% | +48.0% | +16.1% | -30.0% | +32.5% | -29.7% |
| YoY Change | — | — | — | — | -37.0% | -11.3% | +81.9% | +47.8% | +74.4% | +94.1% | +36.5% | +17.3% | +59.5% | -24.2% |