Barnes Group Total Operating Expenses decreased by 10.0% to $345.97M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $351.00M to $345.97M. Over 2 years (FY 2021 to FY 2023), Total Operating Expenses shows an upward trend with a 10.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| 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 | $282.62M | $281.35M | $275.61M | $281.27M | $349.46M | $284.71M | $289.32M | $312.07M | $312.98M | $351.00M | $385.83M | $390.96M | $384.35M | $345.97M |
| QoQ Change | — | -0.4% | -2.0% | +2.1% | +24.2% | -18.5% | +1.6% | +7.9% | +0.3% | +12.1% | +9.9% | +1.3% | -1.7% | -10.0% |
| YoY Change | — | — | — | — | +23.7% | +1.2% | +5.0% | +11.0% | -10.4% | +23.3% | +33.4% | +25.3% | +22.8% | -1.4% |