Barnes Group SG&A increased by 2.7% to $84.92M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 12.9%, from $97.51M to $84.92M. Over 2 years (FY 2021 to FY 2023), SG&A shows an upward trend with a 7.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.
The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...
Used to assess the 'leaness' of a company's corporate structure relative to its peers.
is_selling_general_and_administrative| 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 | $79.45M | $76.27M | $74.71M | $74.08M | $68.51M | $76.06M | $77.91M | $85.83M | $88.35M | $97.51M | $81.40M | $90.86M | $82.67M | $84.92M |
| QoQ Change | — | -4.0% | -2.1% | -0.8% | -7.5% | +11.0% | +2.4% | +10.2% | +2.9% | +10.4% | -16.5% | +11.6% | -9.0% | +2.7% |
| YoY Change | — | — | — | — | -13.8% | -0.3% | +4.3% | +15.9% | +29.0% | +28.2% | +4.5% | +5.9% | -6.4% | -12.9% |