Textron Inc (TXT)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 942,000 | 1,086,000 | 1,015,000 | 872,000 | 282,000 |
Revenue | US$ in thousands | 13,702,000 | 13,683,000 | 12,869,000 | 12,382,000 | 11,651,000 |
Pretax margin | 6.87% | 7.94% | 7.89% | 7.04% | 2.42% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $942,000K ÷ $13,702,000K
= 6.87%
The pretax margin of Textron Inc has shown a positive trend over the years, increasing from 2.42% in December 2020 to 7.94% in December 2023. This indicates an improvement in the company's ability to generate profits before taxes relative to its total revenue. However, there was a slight decrease to 6.87% in December 2024. Overall, the company has demonstrated an overall steady and healthy performance in terms of pretax profitability during the period under review.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Textron Inc
TXT
6.87%
AAR Corp
AIR
2.57%
Triumph Group Inc
TGI
43.58%