Textron Inc (TXT)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 7,204,000 | 6,987,000 | 7,113,000 | 6,815,000 | 5,845,000 |
| ROE | 11.44% | 13.18% | 12.10% | 10.95% | 5.29% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $824,000K ÷ $7,204,000K
= 11.44%
Textron Inc's return on equity (ROE) has demonstrated an upward trend from 5.29% in December 2020 to 11.44% in December 2024. This indicates an improvement in the company's ability to generate profits from the shareholders' equity invested. The ROE of 10.95% in December 2021, 12.10% in December 2022, and 13.18% in December 2023 suggests a consistent growth trajectory in the company's profitability and efficiency in utilizing shareholders' funds. Overall, Textron Inc's ROE performance reflects positive trends and increasing returns to its shareholders over the years.