Company profile

Patrick J. Dempsey
Incorporated in
Fiscal year end
IRS number

B stock data



25 Oct 19
9 Dec 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 372.59M 371.67M 376.69M 384.13M
Net income 45.77M 37.62M 33.99M 38.83M
Diluted EPS 0.89 0.73 0.65 0.75
Net profit margin 12.28% 10.12% 9.02% 10.11%
Operating income 67.59M 56.96M 50.65M 52.19M
Net change in cash -14.4M -8.64M 2.79M 21.33M
Cash on hand 80.47M 94.87M 103.51M 100.72M
Cost of revenue 234.42M 238.31M 244.64M 251.9M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.5B 1.44B 1.23B 1.19B
Net income 166.19M 59.42M 135.6M 121.38M
Diluted EPS 3.15 1.09 2.48 2.19
Net profit margin 11.11% 4.14% 11.02% 10.17%
Operating income 231.76M 206.45M 194.3M 168.4M
Net change in cash -44.57M 78.84M -17.48M 37.89M
Cash on hand 100.72M 145.29M 66.45M 83.93M
Cost of revenue 963.52M 943.78M 788.73M 782.82M

Financial data from Barnes earnings reports

Financial report summary

Management Discussion
  • The Company reported net sales of $372.6 million in the third quarter of 2019, an increase of $2.8 million or 0.8%, from the third quarter of 2018. Organic sales decreased by $3.8 million, or 1.0%, including a decrease of $19.0 at Industrial, partially offset by an increase of $15.2 at Aerospace. The decrease at Industrial was driven by organic sales declines within the each of the Industrial business units, largely due to lower global auto production rates and delays in automotive model change releases, reflecting uncertainty related to current and proposed tariffs announced by the United States and China governments and potential changes in regulatory requirements. Acquired businesses contributed incremental sales of $13.6 million in the Industrial segment during the third quarter of 2019. The strengthening of the U.S. dollar against foreign currencies decreased net sales within the Industrial segment by approximately $7.0 million. The increase at Aerospace was driven primarily by sales growth within the aftermarket businesses, whereas continued growth on newer, more technologically advanced engine platforms contributed to increase sales within the original equipment manufacturing business.
Content analysis ?
H.S. sophomore Bad
New words: composition, disposability, driver, fluctuated, outflow, soft
Removed: legacy, weaken, workforce