Barnes Group

Barnes Group Inc. is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. The highly engineered products, differentiated industrial technologies, and innovative solutions delivered by Barnes Group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world. With approximately 4,700 dedicated employees, at more than 60 locations worldwide, on four continents across the globe, Barnes Group continues to build on our long-standing tradition of excellence in precision manufacturing and logistics solutions, while at the same time, investing in leading-edge technologies and applying our expertise in newer break-through markets. Barnes Group operates under two global business segments - Industrial and Aerospace. At Barnes Group, there are no limits to your career path - only opportunities for success! Explore your future and career potential at Barnes Group today! We are looking for dynamic professionals to join us in the following areas: - Sales and Marketing - Engineering - Manufacturing - Accounting and Finance - BES/Operation and Business Excellence - Quality - General Management - Purchasing and Global Sourcing - Business Development - Internal Audit - Customer Service - Health, Safety, and Environmental Affairs - Legal Services - Information Technology - Human Resources - Communications - Office Administration - Facilities
Company Growth (employees)
Type
Public
HQ
Bristol, US
Founded
1857
Size (employees)
5,036 (est)
Barnes Group was founded in 1857 and is headquartered in Bristol, US

Barnes Group Office Locations

Barnes Group has an office in Bristol
Bristol, US (HQ)
123 Main St

Barnes Group Data and Metrics

Barnes Group Financial Metrics

Barnes Group's revenue was reported to be $341.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

341.8 m

Gross profit (Q1, 2017)

122 m

Gross profit margin (Q1, 2017), %

36%

Net income (Q1, 2017)

38.3 m

EBIT (Q1, 2017)

55.7 m

Market capitalization (17-Aug-2017)

3.3 b

Cash (31-Mar-2017)

88.3 m
Barnes Group's current market capitalization is $3.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.1 b1.3 b1.2 b1.2 b

Revenue growth, %

16%(5%)3%

Cost of goods sold

782.8 m790.3 m

Gross profit

353.4 m432.4 m411.2 m440.5 m

Gross profit Margin, %

32%34%34%36%

General and administrative expense

248.3 m

Operating expense total

230.2 m252.4 m242.8 m1 b

EBIT

123.2 m180 m168.4 m192.2 m

EBIT margin, %

11%14%14%16%

Interest expense

10.7 m11.9 m

Pre tax profit

157.9 m182.6 m

Income tax expense

36.6 m47 m

Net Income

270.5 m118.4 m121.4 m135.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

314.9 m291.4 m288.3 m306.7 m311.6 m341.8 m

Cost of goods sold

204.1 m191.1 m186.3 m197.2 m198.6 m219.8 m

Gross profit

110.8 m100.3 m102.1 m109.5 m113 m122 m

Gross profit Margin, %

35%34%35%36%36%36%

General and administrative expense

60.2 m56.6 m60.6 m62.1 m61.1 m66.2 m

Operating expense total

60.2 m56.6 m60.6 m62.1 m61.1 m66.2 m

EBIT

50.6 m43.7 m41.5 m47.5 m51.8 m55.7 m

EBIT margin, %

16%15%14%15%17%16%

Interest expense

2.6 m2.6 m3 m2.8 m3 m3.3 m

Pre tax profit

47.8 m41.7 m38.3 m45.5 m48.2 m52.4 m

Income tax expense

13.6 m8 m9.5 m12.3 m11.3 m14.1 m

Net Income

53 m86.9 m29.1 m63.3 m97 m28.8 m62.1 m98.9 m38.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

70.9 m46 m83.9 m66.4 m

Inventories

211.2 m212 m208.6 m227.8 m

Current Assets

577.2 m588.4 m611.6 m608.5 m

PP&E

302.6 m299.4 m308.9 m334.5 m

Goodwill

649.7 m594.9 m588 m633.4 m

Total Assets

2.1 b2.1 b2.1 b2.1 b

Accounts Payable

88.7 m94.8 m97 m112 m

Total Debt

468.1 m

Current Liabilities

300.3 m265.1 m252.6 m301.9 m

Additional Paid-in Capital

390.3 m405.5 m427.6 m443.2 m

Retained Earnings

881.2 m974.5 m1.1 b1.2 b

Total Equity

1.1 b1.2 b

Debt to Equity Ratio

0.4 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.8 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

62.2 m63 m45.6 m82 m65.8 m76.9 m101.3 m71.9 m88.3 m

Inventories

217.2 m214.3 m211.6 m210.3 m213.3 m211.1 m204.9 m233.4 m237.6 m

Current Assets

613.4 m611 m597.7 m635.8 m610.9 m589 m612.4 m624.9 m656.1 m

PP&E

306.6 m302.9 m292.1 m298.1 m310.2 m315.3 m312.9 m342.5 m338.1 m

Goodwill

640.6 m613.3 m568.8 m583.4 m595.1 m600.3 m589.2 m666 m645 m

Total Assets

2.2 b2.2 b2 b2.1 b2.1 b2.1 b2.1 b2.2 b2.2 b

Accounts Payable

101.4 m95.1 m103 m107 m105.4 m95.3 m104.9 m109.1 m122.9 m

Current Liabilities

344.6 m297.2 m259.5 m252.6 m248.8 m236.3 m262.9 m305.9 m288.9 m

Additional Paid-in Capital

406.4 m402.2 m413.8 m421.5 m425 m430.7 m433.8 m438.4 m446 m

Retained Earnings

922 m949.6 m996.9 m1 b1.1 b1.1 b1.1 b1.1 b1.2 b

Total Equity

1.2 b1.2 b1.1 b1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b

Financial Leverage

1.9 x1.9 x1.8 x1.8 x1.8 x1.8 x1.8 x1.8 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

270.5 m118.4 m121.4 m135.6 m

Depreciation and Amortization

65.1 m81.4 m78.2 m80.2 m

Accounts Receivable

(24 m)(21 m)14 m(23.1 m)

Inventories

2.1 m(10 m)(1.2 m)2 m

Accounts Payable

2.4 m8.1 m(2.9 m)11.8 m

Cash From Operating Activities

10.1 m186.9 m209.9 m217.6 m

Capital Expenditures

(57.3 m)(57.4 m)(46 m)(47.6 m)

Cash From Investing Activities

(124.2 m)(115.5 m)(179.5 m)

Long-term Borrowings

(555.2 m)(332.3 m)(171.2 m)(321.5 m)

Dividends Paid

(22.4 m)(24.5 m)(26.2 m)(27.4 m)

Cash From Financing Activities

(182.8 m)(83.5 m)(51.6 m)(53.3 m)

Free Cash Flow

67.4 m244.3 m255.9 m170.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

53 m86.9 m29.1 m63.3 m97 m28.8 m62.1 m98.9 m38.3 m

Depreciation and Amortization

42.5 m62.6 m19.1 m39.6 m59.2 m18.8 m38.6 m58.9 m21.4 m

Accounts Receivable

(39.4 m)(26.6 m)(3.8 m)(8.9 m)2.2 m(4.2 m)(11 m)(18.5 m)(15.3 m)

Inventories

(6.4 m)(8.5 m)(6.2 m)(2.8 m)(3.6 m)(153 k)4.8 m4.6 m(7.3 m)

Accounts Payable

12.8 m8.2 m9.9 m14.7 m8.7 m(285 k)8 m9.8 m8.1 m

Cash From Operating Activities

64.9 m121.8 m32.8 m85.9 m153.1 m30.1 m96.5 m160.1 m51.8 m

Capital Expenditures

(25.8 m)(43.6 m)(11 m)(22.4 m)(31.4 m)(13.3 m)(23 m)(32.9 m)(11.7 m)

Cash From Investing Activities

(68.4 m)(81.3 m)(9.3 m)(40 m)(90.6 m)(15.4 m)(25 m)(153.8 m)(11.6 m)

Long-term Borrowings

(78.5 m)(183.7 m)(55.8 m)(85.8 m)(137.7 m)(69 m)(127.5 m)(263.6 m)(24.8 m)

Dividends Paid

(11.9 m)(17.9 m)(6.6 m)(13.1 m)(19.7 m)(6.5 m)(13.5 m)(20.4 m)(7 m)

Cash From Financing Activities

(5.1 m)(46.3 m)(21.5 m)(8.2 m)(39.1 m)(23.8 m)(54.8 m)(19 m)(20.1 m)

Free Cash Flow

39.1 m78.2 m21.9 m63.5 m121.7 m16.8 m73.5 m127.2 m40.1 m
USDY, 2017

Revenue/Employee

67.9 k

Financial Leverage

1.8 x

Barnes Group Market Value History

Traffic Overview of Barnes Group

Barnes Group Online and Social Media Presence

Barnes Group News and Updates

BRIEF-Barnes Group sets quarterly cash dividend of $0.13 per share

* Sets quarterly cash dividend of $0.13 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)

Barnes Group Company Life and Culture

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