Textron Inc (TXT)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,204,000 | 6,987,000 | 7,113,000 | 6,815,000 | 5,845,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,204,000K
= 0.00
The debt-to-equity ratio of Textron Inc has consistently remained at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This suggests that the company has not utilized debt as a source of financing relative to its equity. A debt-to-equity ratio of 0.00 indicates that the company's financial structure is predominantly equity-funded, which can signify lower financial risk but may also limit potential returns on investment. It's important to consider the context and industry norms when evaluating the implications of such a low debt-to-equity ratio.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Textron Inc
TXT
0.00
AAR Corp
AIR
0.83
Triumph Group Inc
TGI
—