Textron Inc (TXT)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 849,000 | 1,019,000 | 1,096,000 | 1,086,000 | 1,114,000 | 1,077,000 | 1,010,000 | 1,015,000 | 1,005,000 | 959,000 | 914,000 | 872,000 | 840,000 | 738,000 | 403,000 | 282,000 | 277,000 | 402,000 | 799,000 | 942,000 |
| Revenue (ttm) | US$ in thousands | 14,067,000 | 13,797,000 | 13,794,000 | 13,683,000 | 13,427,000 | 13,162,000 | 12,892,000 | 12,869,000 | 12,555,000 | 12,467,000 | 12,504,000 | 12,382,000 | 12,727,000 | 12,472,000 | 11,753,000 | 11,651,000 | 12,019,000 | 12,543,000 | 13,298,000 | 13,630,000 |
| Pretax margin | 6.04% | 7.39% | 7.95% | 7.94% | 8.30% | 8.18% | 7.83% | 7.89% | 8.00% | 7.69% | 7.31% | 7.04% | 6.60% | 5.92% | 3.43% | 2.42% | 2.30% | 3.20% | 6.01% | 6.91% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $849,000K ÷ $14,067,000K
= 6.04%
Textron Inc's pretax margin has exhibited varying trends over the period from December 31, 2019, to December 31, 2024. The pretax margin started at 6.91% in December 2019, declined slightly to 6.01% by March 2020, and further decreased to 3.20% by June 2020. This downward trend continued, reaching a low of 2.30% by September 2020.
However, there was a gradual improvement in the pretax margin performance of Textron Inc from September 2020 onwards. The margin increased to 2.42% by December 2020 and continued to rise steadily, reaching 8.00% by September 2022. The pretax margin peaked at 8.30% by September 2023 before declining slightly to 7.94% by December 2023.
Over the most recent quarters up to December 2024, Textron Inc's pretax margin experienced fluctuations, with a slight increase from 7.39% in September 2024 to 6.04% by December 2024. Overall, the pretax margin performance of Textron Inc demonstrates both periods of improvement and fluctuations over the observed timeframe.
Peer comparison
Dec 31, 2024