Textron Inc (TXT)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -2,866,000 | -2,115,000 | -2,059,000 | -2,028,000 | -1,820,000 | -1,782,000 | -1,827,000 | -1,821,000 | -1,830,000 | -1,930,000 | -2,066,000 | -2,114,000 | 4,934,000 | 7,977,000 | 10,765,000 | 13,908,000 | 11,964,000 | 9,259,000 | 6,872,000 | 4,042,000 |
| Total assets | US$ in thousands | 16,838,000 | 16,452,000 | 16,414,000 | 16,856,000 | 16,492,000 | 16,485,000 | 16,393,000 | 16,293,000 | 15,956,000 | 15,879,000 | 15,911,000 | 15,827,000 | 15,269,000 | 15,379,000 | 15,414,000 | 15,443,000 | 15,861,000 | 15,471,000 | 15,946,000 | 15,018,000 |
| Operating ROA | -17.02% | -12.86% | -12.54% | -12.03% | -11.04% | -10.81% | -11.15% | -11.18% | -11.47% | -12.15% | -12.98% | -13.36% | 32.31% | 51.87% | 69.84% | 90.06% | 75.43% | 59.85% | 43.10% | 26.91% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-2,866,000K ÷ $16,838,000K
= -17.02%
Operating ROA for Textron Inc shows a declining trend over the years, starting at a high of 26.91% on December 31, 2019, and experiencing fluctuations before steadily decreasing to -17.02% on December 31, 2024. The company's ability to generate profits from its operating activities in relation to its total assets has diminished over this period. As of the most recent data available, Textron Inc's operating ROA indicates that for every dollar of assets, the company is generating a negative return. This trend raises concerns about the company's operational efficiency and profitability, signaling a need for strategic improvements to enhance performance and potentially reverse the negative trajectory of its operating ROA.
Peer comparison
Dec 31, 2024