Barnes Group Inc (B)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,362,260 | 1,337,050 | 1,376,990 | 1,380,550 | 1,346,330 | 1,267,060 | 1,320,090 | 1,441,030 | 1,428,770 | 1,393,230 | 1,390,390 | 1,351,370 | 1,382,680 | 1,307,660 | 1,257,710 | 1,244,960 | 1,270,530 | 1,210,700 | 1,211,380 | 1,224,500 |
| ROE | 1.17% | 1.82% | 4.58% | 0.45% | 1.00% | 2.06% | 2.80% | 7.01% | 6.99% | 6.42% | 5.53% | 3.92% | 4.58% | 6.62% | 9.31% | 12.38% | 12.46% | 12.90% | 12.35% | 13.18% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $15,997K ÷ $1,362,260K
= 1.17%
To analyze Barnes Group Inc.'s return on equity (ROE) based on the provided data, we observe fluctuations in ROE over the recent quarters. The ROE ranged from 0.45% to 7.01% during the referenced periods.
The downward trend in ROE from Q2 2022 (7.01%) to Q1 2023 (0.45%) indicates a decreasing profitability relative to shareholders' equity during this phase. However, there was a slight improvement in Q3 2023 (1.82%) compared to the previous quarter.
The ROE values signify the company's ability to generate profits from the equity invested by shareholders. It is essential to delve deeper into the company's financial performance, operations, and capital structure to understand the factors driving these fluctuations in ROE.
Further analysis and comparison with industry averages or competitors' ROEs would provide a more comprehensive understanding of Barnes Group Inc.'s performance. Additionally, examining the company's strategies, market conditions, and future outlook would offer valuable insights for investors and stakeholders.
Peer comparison
Dec 31, 2023