Textron Inc (TXT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 763,000 | 891,000 | 931,000 | 921,000 | 949,000 | 905,000 | 859,000 | 861,000 | 842,000 | 802,000 | 768,000 | 746,000 | 775,000 | 705,000 | 430,000 | 309,000 | 272,000 | 377,000 | 686,000 | 815,000 |
| Total stockholders’ equity | US$ in thousands | 7,204,000 | 6,951,000 | 6,931,000 | 6,987,000 | 7,067,000 | 7,034,000 | 7,008,000 | 7,113,000 | 6,762,000 | 6,801,000 | 6,917,000 | 6,815,000 | 6,037,000 | 6,101,000 | 5,996,000 | 5,845,000 | 5,741,000 | 5,527,000 | 5,534,000 | 5,518,000 |
| ROE | 10.59% | 12.82% | 13.43% | 13.18% | 13.43% | 12.87% | 12.26% | 12.10% | 12.45% | 11.79% | 11.10% | 10.95% | 12.84% | 11.56% | 7.17% | 5.29% | 4.74% | 6.82% | 12.40% | 14.77% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $763,000K ÷ $7,204,000K
= 10.59%
The return on equity (ROE) of Textron Inc has shown fluctuations over the period from December 31, 2019, to December 31, 2024. The ROE was 14.77% at the end of 2019, indicating strong profitability in relation to shareholders' equity. However, the ROE declined to 10.59% by the end of 2024.
Throughout this period, the ROE experienced both upward and downward trends, with some quarters showing improvements while others reflecting decreases. It is essential to note that a higher ROE signifies better utilization of equity to generate profits for shareholders.
Overall, Textron Inc's ROE trend suggests variability in its profitability performance over the analyzed period, necessitating further investigation into the factors driving these fluctuations and their potential impact on the company's financial health and future prospects.
Peer comparison
Dec 31, 2024