Textron Historical Income Statement
| TXT Stock | USD 85.59 0.22 0.26% |
Historical analysis of Textron income statement accounts such as Other Operating Expenses of 10.4 B, Operating Income of 1 B, EBIT of 1.2 B or Ebitda of 1.6 B can show how well Textron performed in making a profits. Evaluating Textron income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Textron's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Textron 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 Textron is a good buy for the upcoming year.
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About Textron Income Statement Analysis
Textron 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 Textron shareholders. The income statement also shows Textron 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).
Textron Income Statement Chart
Textron Income Statement is one of the three primary financial statements used for reporting Textron's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Textron revenue and expense. Textron Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Textron's Interest Expense is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 116.5 M in 2024, whereas Gross Profit is likely to drop slightly above 2.1 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Textron 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 Textron minus its cost of goods sold. It is profit before Textron 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 Textron. It is also known as Textron 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.Operating Income
Operating Income is the amount of profit realized from Textron operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Textron is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Textron's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Textron 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Textron Stock please use our How to Invest in Textron guide.At this time, Textron's Interest Expense is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 116.5 M in 2024, whereas Gross Profit is likely to drop slightly above 2.1 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.1B | 2.3B | 2.1B | Total Revenue | 12.4B | 12.9B | 13.7B | 11.8B |
Textron income statement Correlations
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Textron Account Relationship Matchups
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Textron income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 416M | 391M | 390M | 397M | 395M | 394.5M | |
| Total Revenue | 13.6B | 11.7B | 12.4B | 12.9B | 13.7B | 11.8B | |
| Gross Profit | 2.2B | 1.6B | 2.1B | 2.1B | 2.3B | 2.1B | |
| Other Operating Expenses | 12.6B | 11.1B | 11.5B | 12.0B | 12.6B | 10.4B | |
| Operating Income | 1.2B | 595M | 1.0B | 1.1B | 1.3B | 1.0B | |
| Ebit | 1.2B | 595M | 1.0B | 1.1B | 1.3B | 1.2B | |
| Ebitda | 1.6B | 986M | 1.4B | 1.5B | 1.7B | 1.6B | |
| Cost Of Revenue | 11.4B | 10.1B | 10.3B | 10.8B | 11.4B | 8.9B | |
| Total Operating Expenses | 1.2B | 1.0B | 1.2B | 1.2B | 1.2B | 1.1B | |
| Income Before Tax | 942M | 282M | 873M | 1.0B | 1.1B | 735.4M | |
| Total Other Income Expense Net | (243M) | (313M) | (150M) | (107M) | 111M | 116.6M | |
| Net Income | 815M | 309M | 746M | 861M | 921M | 517.6M | |
| Income Tax Expense | 127M | (27M) | 126M | 154M | 165M | 134.8M | |
| Selling General Administrative | 1.2B | 11.4B | 129M | 113M | 1.2B | 1.4B | |
| Research Development | 647M | 549M | 619M | 601M | 570M | 547.1M | |
| Net Income Applicable To Common Shares | 815M | 309M | 746M | 861M | 990.2M | 566.5M | |
| Net Income From Continuing Ops | 815M | 309M | 747M | 862M | 922M | 621.5M | |
| Tax Provision | 127M | (27M) | 126M | 154M | 165M | 130.6M | |
| Interest Income | 171M | 145M | 124M | 94M | 84.6M | 121.7M | |
| Reconciled Depreciation | 416M | 391M | 390M | 397M | 395M | 328.3M |
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When determining whether Textron is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Textron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Textron Stock please use our How to Invest in Textron guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Textron Stock analysis
When running Textron's price analysis, check to measure Textron's 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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.
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Is Textron's 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 Textron. If investors know Textron 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 Textron 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 0.12 | Dividend Share 0.08 | Earnings Share 4.68 | Revenue Per Share 70.123 | Quarterly Revenue Growth 0.037 |
The market value of Textron is measured differently than its book value, which is the value of Textron that is recorded on the company's balance sheet. Investors also form their own opinion of Textron's value that differs from its market value or its book value, called intrinsic value, which is Textron's 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 Textron's market value can be influenced by many factors that don't directly affect Textron's 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 Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Textron's 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.