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.
Peer comparison
Dec 31, 2024