Barnes Group Other intangible assets—net decreased by 1.0% to $655.93M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $721.61M to $655.93M. Over 3 years (FY 2020 to FY 2023), Other intangible assets—net shows an upward trend with a 7.8% CAGR.
An increase typically follows acquisitions, while a steady decrease reflects ongoing amortization of existing intangible assets.
This represents the net book value of identifiable non-physical assets such as acquired technology, patents, customer li...
Standard for companies that grow through M&A, often labeled 'Intangible assets, net'.
non_current_assets_intangible_assets_net_excluding_goodwill| 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 | $534.84M | $517.32M | $500.25M | $486.84M | $461.16M | $436.68M | $442.49M | $435.49M | $422.92M | $721.61M | $706.47M | $684.39M | $662.67M | $655.93M |
| QoQ Change | — | -3.3% | -3.3% | -2.7% | -5.3% | -5.3% | +1.3% | -1.6% | -2.9% | +70.6% | -2.1% | -3.1% | -3.2% | -1.0% |
| YoY Change | — | — | — | — | -13.8% | -15.6% | -11.5% | -10.5% | -8.3% | +65.2% | +59.7% | +57.2% | +56.7% | -9.1% |