Operating Income
Gross Profit
Barnes Group Gross Profit increased by 3.5% to $128.39M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $107.50M to $128.39M. Over 2 years (FY 2021 to FY 2023), Gross Profit shows relatively stable performance with a -1.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
is_gross_profitHistorical Data
14 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 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $117.99M | $119.98M | $110.09M | $105.19M | $108.51M | $106.10M | $102.07M | $109.12M | $114.36M | $107.50M | $111.11M | $130.54M | $124.04M | $128.39M |
| QoQ Change | — | +1.7% | -8.2% | -4.5% | +3.2% | -2.2% | -3.8% | +6.9% | +4.8% | -6.0% | +3.4% | +17.5% | -5.0% | +3.5% |
| YoY Change | — | — | — | — | -8.0% | -11.6% | -7.3% | +3.7% | +5.4% | +1.3% | +8.9% | +19.6% | +8.5% | +19.4% |
Range$102.07M – $130.54M
CAGR+2.6%
Avg YoY Growth+4.0%
Median YoY Growth+4.6%
Gross Profit at Other Companies
Frequently Asked Questions
- What is Barnes Group's gross profit?
- Barnes Group (B) reported gross profit of $128.39M in Q3 2024.
- How has Barnes Group's gross profit changed year-over-year?
- Barnes Group's gross profit increased by 19.4% year-over-year, from $107.50M to $128.39M.
- What is the long-term trend for Barnes Group's gross profit?
- Over 2 years (2021 to 2023), Barnes Group's gross profit has grown at a -1.4% compound annual growth rate (CAGR), from $455.00M to $442.09M.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.