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