Textron Inc (TXT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 824,000 | 921,000 | 861,000 | 746,000 | 309,000 |
| Revenue | US$ in thousands | 13,702,000 | 13,683,000 | 12,869,000 | 12,382,000 | 11,651,000 |
| Net profit margin | 6.01% | 6.73% | 6.69% | 6.02% | 2.65% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $824,000K ÷ $13,702,000K
= 6.01%
Textron Inc's net profit margin has shown a strong upward trend over the last five years, increasing from 2.65% in December 2020 to 6.01% in December 2024. This improvement indicates that the company has been able to effectively control its expenses and generate higher profits relative to its revenue. The consistent growth in net profit margin reflects a positive financial performance and operational efficiency. However, it is important for the company to sustain this momentum and continue enhancing its profitability in the future to ensure long-term sustainability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024