Barnes Group Inc (B)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 15,997 | 24,349 | 63,058 | 6,154 | 13,479 | 26,048 | 36,932 | 100,975 | 99,873 | 89,453 | 76,948 | 53,024 | 63,375 | 86,631 | 117,042 | 154,091 | 158,350 | 156,206 | 149,546 | 161,359 |
| Revenue (ttm) | US$ in thousands | 1,388,400 | 1,310,221 | 1,283,412 | 1,268,883 | 1,247,596 | 1,245,431 | 1,255,076 | 1,253,816 | 1,242,736 | 1,218,830 | 1,163,156 | 1,078,112 | 1,106,845 | 1,182,161 | 1,284,046 | 1,418,677 | 1,840,387 | 1,865,810 | 2,234,107 | 2,614,334 |
| Net profit margin | 1.15% | 1.86% | 4.91% | 0.48% | 1.08% | 2.09% | 2.94% | 8.05% | 8.04% | 7.34% | 6.62% | 4.92% | 5.73% | 7.33% | 9.12% | 10.86% | 8.60% | 8.37% | 6.69% | 6.17% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $15,997K ÷ $1,388,400K
= 1.15%
The net profit margin of Barnes Group Inc. has fluctuated over the past eight quarters. In Q1 2022, the company reported a high net profit margin of 7.95%, which decreased to 2.91% in Q2 2022. Subsequently, there was a further decrease to 2.07% in Q3 2022 before dropping to 1.07% in Q4 2022. In the first quarter of 2023, the net profit margin was 0.48%, the lowest among the displayed periods. However, there was an improvement in the following quarters, with the net profit margin increasing to 4.84% in Q2 2023, 1.81% in Q3 2023, and finally reaching 1.10% in Q4 2023.
Overall, the trend in the net profit margin of Barnes Group Inc. indicates fluctuations in profitability over the analyzed period. An ongoing analysis of the company's operations and financial management may provide insights into the factors influencing these variations in net profit margin.
Peer comparison
Dec 31, 2023