What is Barnes Group's interest expense?

Barnes Group (B) reported interest expense of $19.57M in Q3 2024.

How has Barnes Group's interest expense changed year-over-year?

Barnes Group's interest expense decreased by 14.1% year-over-year, from $22.79M to $19.57M.

What is the long-term trend for Barnes Group's interest expense?

Over 2 years (2021 to 2023), Barnes Group's interest expense has grown at a 89.4% compound annual growth rate (CAGR), from $16.21M to $58.17M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Barnes Group B Interest Expense

Interest Expense at other companies

Parker-HannifinPH

$99M+3.1%

RBC BearingsRBC

$11.2M-12.5%

FTAI Aviation Ltd.FTAI

$61.41M-1.0%

Honeywell InternationalHON

$356M+24.9%

Crane Co.CR

$16.8M+273%

AstronicsATRO

-$2.34M+25.8%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

Gross margin30.6%-1.5pp

Operating margin6.8%+0.6pp

Net margin-2.5%-4.3pp

FCF margin1.9%-2.0pp

Returns & leverage

See full

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:InterestExpense.

The official record: Barnes Group’s 10-Q, filed October 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Barnes Group's interest expense?: Barnes Group (B) reported interest expense of $19.57M in Q3 2024.
How has Barnes Group's interest expense changed year-over-year?: Barnes Group's interest expense decreased by 14.1% year-over-year, from $22.79M to $19.57M.
What is the long-term trend for Barnes Group's interest expense?: Over 2 years (2021 to 2023), Barnes Group's interest expense has grown at a 89.4% compound annual growth rate (CAGR), from $16.21M to $58.17M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.