Income Before Tax
Pre-Tax Income
Barnes Group Pre-Tax Income increased by 198.4% to $21.73M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 282.2%, from -$11.93M to $21.73M. Over 2 years (FY 2021 to FY 2023), Pre-Tax Income shows a downward trend with a -49.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
Metric ID:
is_income_before_taxHistorical 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 | $32.80M | $38.47M | $29.58M | $25.92M | -$31.11M | $24.26M | $19.12M | $16.64M | $22.39M | -$11.93M | $6.17M | $13.16M | -$22.08M | $21.73M |
| QoQ Change | — | +17.3% | -23.1% | -12.4% | -220.0% | +178.0% | -21.2% | -13.0% | +34.6% | -153.3% | +151.7% | +113.4% | -267.8% | +198.4% |
| YoY Change | — | — | — | — | -194.9% | -36.9% | -35.4% | -35.8% | +172.0% | -149.2% | -67.8% | -20.9% | -198.6% | +282.2% |
Range-$31.11M – $38.47M
CAGR-11.9%
Avg YoY Growth-28.5%
Median YoY Growth-36.4%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Barnes Group's pre-tax income?
- Barnes Group (B) reported pre-tax income of $21.73M in Q3 2024.
- How has Barnes Group's pre-tax income changed year-over-year?
- Barnes Group's pre-tax income increased by 282.2% year-over-year, from -$11.93M to $21.73M.
- What is the long-term trend for Barnes Group's pre-tax income?
- Over 2 years (2021 to 2023), Barnes Group's pre-tax income has grown at a -49.0% compound annual growth rate (CAGR), from $127.82M to $33.26M.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.