Net Income
Net Income
Barnes Group Net Income increased by 95.4% to -$2.14M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 90.1%, from -$21.73M to -$2.14M. Over 2 years (FY 2021 to FY 2023), Net Income shows a downward trend with a -60.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
Metric ID:
net_incomeHistorical 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 | $24.49M | $27.86M | $28.14M | $20.48M | -$39.55M | $16.98M | $15.57M | $13.16M | $17.35M | -$21.73M | $7.22M | $1.95M | -$46.82M | -$2.14M |
| QoQ Change | — | +13.8% | +1.0% | -27.2% | -293.1% | +142.9% | -8.3% | -15.5% | +31.9% | -225.2% | +133.2% | -73.0% | <-999% | +95.4% |
| YoY Change | — | — | — | — | -261.5% | -39.1% | -44.7% | -35.8% | +143.9% | -228.0% | -53.7% | -85.2% | -369.8% | +90.1% |
Range-$46.82M – $28.14M
CAGR-52.7%
Avg YoY Growth-88.4%
Median YoY Growth-49.2%
Net Income at Other Companies
Frequently Asked Questions
- What is Barnes Group's net income?
- Barnes Group (B) reported net income of -$2.14M in Q3 2024.
- How has Barnes Group's net income changed year-over-year?
- Barnes Group's net income increased by 90.1% year-over-year, from -$21.73M to -$2.14M.
- What is the long-term trend for Barnes Group's net income?
- Over 2 years (2021 to 2023), Barnes Group's net income has grown at a -60.0% compound annual growth rate (CAGR), from $99.87M to $16.00M.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.