Barnes Historical Income Statement

B Stock  USD 37.15  0.33  0.88%   
Historical analysis of Barnes income statement accounts such as Interest Expense of 62.2 M can show how well Barnes Group performed in making a profits. Evaluating Barnes income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Barnes's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Barnes Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Barnes Group is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Barnes Income Statement Analysis

Barnes Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Barnes shareholders. The income statement also shows Barnes investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Barnes Income Statement Chart

Barnes Group Income Statement is one of the three primary financial statements used for reporting Barnes's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Barnes Group revenue and expense. Barnes Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Barnes' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.6 M, whereas Interest Expense is forecasted to decline to about 62.2 M.

Total Revenue

Total revenue comprises all receipts Barnes Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Barnes Group minus its cost of goods sold. It is profit before Barnes operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Barnes Group. It is also known as Barnes overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Barnes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Barnes' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.6 M, whereas Interest Expense is forecasted to decline to about 62.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit455.0M421.9M442.9M370.6M
Total Revenue1.3B1.3B1.5B1.0B

Barnes income statement Correlations

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0.640.260.890.970.990.770.770.90.990.880.56-0.170.270.380.560.36-0.240.180.130.23-0.48-0.20.260.340.06
0.590.160.830.970.920.870.870.950.930.830.68-0.090.30.430.590.49-0.320.17-0.010.29-0.58-0.130.220.380.11
0.690.350.940.990.920.670.660.830.990.920.43-0.270.190.310.550.23-0.250.260.250.17-0.41-0.290.320.39-0.02
0.29-0.180.450.770.870.671.00.950.710.450.930.290.520.580.450.76-0.13-0.2-0.340.44-0.640.2-0.020.050.34
0.26-0.210.450.770.870.661.00.950.70.440.930.310.510.590.450.76-0.11-0.2-0.360.44-0.620.23-0.050.030.37
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-0.03-0.430.190.560.680.430.930.930.810.490.180.620.620.590.290.870.03-0.46-0.540.48-0.510.45-0.29-0.230.53
-0.66-0.71-0.48-0.17-0.09-0.270.290.310.1-0.2-0.510.620.520.32-0.250.620.42-0.85-0.640.33-0.020.73-0.69-0.750.62
-0.14-0.35-0.030.270.30.190.520.510.420.25-0.050.620.520.110.290.66-0.06-0.41-0.420.0-0.040.4-0.25-0.240.42
0.12-0.180.130.380.430.310.580.590.530.350.120.590.320.110.210.120.24-0.28-0.260.97-0.730.19-0.2-0.250.22
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-0.18-0.440.040.360.490.230.760.760.610.280.030.870.620.660.120.15-0.1-0.44-0.510.03-0.210.43-0.22-0.170.5
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0.640.940.380.13-0.010.25-0.34-0.36-0.140.20.39-0.54-0.64-0.42-0.26-0.03-0.51-0.090.54-0.220.08-0.920.80.4-0.8
0.02-0.170.020.230.290.170.440.440.360.20.020.480.330.00.970.020.030.29-0.31-0.22-0.720.16-0.18-0.310.15
-0.37-0.06-0.3-0.48-0.58-0.41-0.64-0.62-0.6-0.42-0.34-0.51-0.02-0.04-0.73-0.3-0.210.140.040.08-0.720.1-0.15-0.230.01
-0.77-0.98-0.45-0.2-0.13-0.290.20.230.05-0.23-0.490.450.730.40.19-0.110.430.34-0.71-0.920.160.1-0.92-0.620.89
0.710.880.410.260.220.32-0.02-0.050.070.270.46-0.29-0.69-0.25-0.20.06-0.22-0.410.620.8-0.18-0.15-0.920.59-0.81
0.640.550.60.340.380.390.050.030.20.310.64-0.23-0.75-0.24-0.250.56-0.17-0.820.870.4-0.31-0.23-0.620.59-0.39
-0.66-0.9-0.150.060.11-0.020.340.370.280.04-0.220.530.620.420.220.080.50.1-0.54-0.80.150.010.89-0.81-0.39
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Barnes Account Relationship Matchups

Barnes income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization90.1M81.7M85.1M92.2M125.8M132.1M
Interest Expense20.6M15.9M16.2M14.6M65.5M62.2M
Selling General Administrative310.5M279.8M305.0M296.6M349.6M257.6M
Total Revenue1.5B1.1B1.3B1.3B1.5B1.0B
Gross Profit547.0M403.2M455.0M421.9M442.9M370.6M
Other Operating Expenses1.3B1.0B1.1B1.1B1.3B930.0M
Operating Income236.4M123.4M150.0M121.0M102.8M102.2M
Ebit236.4M123.4M150.0M121.0M102.8M92.2M
Ebitda326.5M205.1M235.1M213.2M228.6M145.2M
Cost Of Revenue944.2M721.2M803.9M840.0M1.0B654.1M
Total Operating Expenses310.5M279.8M305.0M296.6M340.1M275.9M
Income Before Tax206.8M101.5M127.8M38.2M33.3M31.6M
Total Other Income Expense Net(29.6M)(21.9M)(22.2M)(82.8M)(69.5M)(66.0M)
Net Income158.4M63.4M99.9M13.5M16.0M15.2M
Income Tax Expense48.5M38.1M27.9M24.7M17.3M25.6M
Net Income Applicable To Common Shares158.4M63.4M99.9M13.5M15.5M14.7M
Research Development15.7M16.9M22.9M15.8M13.9M12.2M
Net Income From Continuing Ops158.4M63.4M99.9M13.5M24.3M23.1M
Non Operating Income Net Other(9.0M)(5.9M)(6.0M)(4.3M)(3.9M)(4.1M)
Tax Provision48.5M38.1M27.9M24.7M21.9M37.5M
Interest Income12.4M15.9M16.2M15.1M17.4M13.4M
Net Interest Income(20.6M)(15.9M)(16.2M)(14.6M)(39.0M)(37.0M)
Reconciled Depreciation99.1M87.7M91.1M92.2M102.3M103.2M

Pair Trading with Barnes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes Stock

  0.83CR Crane Company Symbol ChangePairCorr
  0.9GE General Electric Fiscal Quarter End 31st of March 2024 PairCorr
  0.69HI Hillenbrand Financial Report 13th of May 2024 PairCorr

Moving against Barnes Stock

  0.84RR Richtech Robotics ClassPairCorr
The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Barnes Stock analysis

When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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Is Barnes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
0.64
Earnings Share
0.31
Revenue Per Share
28.419
Quarterly Revenue Growth
0.326
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.