Operating Income
Barnes Group Operating Income increased by 2079.2% to $41.82M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 318.6%, from $9.99M to $41.82M. Over 2 years (FY 2021 to FY 2023), Operating Income shows a downward trend with a -23.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
is_operating_incomeHistorical Data
| 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 | $38.54M | $43.71M | $35.39M | $31.11M | -$28.19M | $30.04M | $24.16M | $23.28M | $26.01M | $9.99M | $29.71M | $39.68M | -$2.11M | $41.82M |
| QoQ Change | — | +13.4% | -19.0% | -12.1% | -190.6% | +206.6% | -19.6% | -3.6% | +11.7% | -61.6% | +197.4% | +33.6% | -105.3% | >999% |
| YoY Change | — | — | — | — | -173.1% | -31.3% | -31.7% | -25.2% | +192.3% | -66.7% | +23.0% | +70.4% | -108.1% | +318.6% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | $18.04M | $18.75M | $16.58M | $3.62M | $14.05M | $31.09M | $29.34M | $35.32M |
| Industrial | — | $4.53M | $9.43M | $6.37M | $15.67M | $8.60M | -$31.46M | $6.50M |
| Total | $24.16M | $23.28M | $26.01M | $9.99M | $29.71M | $39.68M | -$2.11M | $41.82M |
Aerospace, Industrial were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Barnes Group's operating income?
- Barnes Group (B) reported operating income of $41.82M in Q3 2024.
- How has Barnes Group's operating income changed year-over-year?
- Barnes Group's operating income increased by 318.6% year-over-year, from $9.99M to $41.82M.
- What is the long-term trend for Barnes Group's operating income?
- Over 2 years (2021 to 2023), Barnes Group's operating income has grown at a -23.0% compound annual growth rate (CAGR), from $150.02M to $88.99M.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.