Textron Gross Profit from 2010 to 2024

TXT Stock  USD 85.38  1.42  1.69%   
Textron Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 2.1 B in 2024. Gross Profit is the profit Textron makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
588 M
Current Value
492 M
Quarterly Volatility
345.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 393.6 M, Interest Expense of 151.6 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0012 or PTB Ratio of 1.74. Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Latest Textron's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Textron over the last few years. Gross profit is a required income statement account that reflects total revenue of Textron minus its cost of goods sold. It is profit before Textron operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Textron's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Textron's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.06 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Textron Gross Profit Regression Statistics

Arithmetic Mean2,015,517,333
Geometric Mean1,900,440,366
Coefficient Of Variation27.80
Mean Deviation397,182,578
Median2,218,000,000
Standard Deviation560,295,793
Sample Variance313931.4T
Range1.9B
R-Value0.42
Mean Square Error278984.7T
R-Squared0.17
Significance0.12
Slope52,380,429
Total Sum of Squares4395039.3T

Textron Gross Profit History

20242.1 B
20232.3 B
20222.1 B
20212.1 B
20201.6 B
20192.2 B
20182.4 B

Other Fundumenentals of Textron

Textron Gross Profit component correlations

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0.750.130.930.370.430.87-0.01-0.420.410.370.870.65-0.260.580.570.670.260.89-0.780.6-0.38-0.18-0.36
0.170.130.250.380.160.230.090.390.260.040.50.070.330.030.520.1-0.220.19-0.29-0.210.3-0.040.05
0.860.930.250.40.640.940.19-0.350.560.590.860.8-0.450.730.440.580.050.77-0.730.46-0.25-0.1-0.25
0.60.370.380.40.430.610.26-0.050.490.380.580.53-0.160.460.450.660.450.49-0.40.110.16-0.43-0.53
0.850.430.160.640.430.730.250.150.580.940.360.91-0.530.92-0.210.29-0.010.15-0.20.10.02-0.02-0.1
0.960.870.230.940.610.730.33-0.250.540.640.830.87-0.450.810.390.620.210.77-0.730.54-0.23-0.27-0.5
0.32-0.010.090.190.260.250.33-0.140.210.160.120.26-0.520.23-0.01-0.13-0.240.15-0.260.220.22-0.19-0.44
-0.11-0.420.39-0.35-0.050.15-0.25-0.14-0.170.05-0.28-0.20.54-0.03-0.36-0.26-0.1-0.490.27-0.330.170.070.19
0.560.410.260.560.490.580.540.21-0.170.640.450.65-0.580.660.120.4-0.30.2-0.31-0.320.16-0.190.05
0.780.370.040.590.380.940.640.160.050.640.270.92-0.640.91-0.310.29-0.10.05-0.1-0.070.010.020.05
0.710.870.50.860.580.360.830.12-0.280.450.270.56-0.090.470.740.650.210.86-0.870.43-0.27-0.31-0.42
0.940.650.070.80.530.910.870.26-0.20.650.920.56-0.660.94-0.010.470.050.42-0.390.23-0.16-0.2-0.26
-0.48-0.260.33-0.45-0.16-0.53-0.45-0.520.54-0.58-0.64-0.09-0.66-0.60.22-0.110.29-0.120.05-0.04-0.17-0.070.04
0.90.580.030.730.460.920.810.23-0.030.660.910.470.94-0.6-0.140.35-0.010.31-0.410.18-0.13-0.16-0.19
0.160.570.520.440.45-0.210.39-0.01-0.360.12-0.310.74-0.010.22-0.140.560.310.77-0.620.340.01-0.16-0.32
0.550.670.10.580.660.290.62-0.13-0.260.40.290.650.47-0.110.350.560.620.64-0.450.32-0.16-0.15-0.33
0.180.26-0.220.050.45-0.010.21-0.24-0.1-0.3-0.10.210.050.29-0.010.310.620.38-0.170.52-0.27-0.2-0.5
0.60.890.190.770.490.150.770.15-0.490.20.050.860.42-0.120.310.770.640.38-0.790.72-0.32-0.33-0.62
-0.6-0.78-0.29-0.73-0.4-0.2-0.73-0.260.27-0.31-0.1-0.87-0.390.05-0.41-0.62-0.45-0.17-0.79-0.520.40.380.49
0.430.6-0.210.460.110.10.540.22-0.33-0.32-0.070.430.23-0.040.180.340.320.520.72-0.52-0.4-0.12-0.67
-0.27-0.380.3-0.250.160.02-0.230.220.170.160.01-0.27-0.16-0.17-0.130.01-0.16-0.27-0.320.4-0.40.570.4
-0.31-0.18-0.04-0.1-0.43-0.02-0.27-0.190.07-0.190.02-0.31-0.2-0.07-0.16-0.16-0.15-0.2-0.330.38-0.120.570.74
-0.46-0.360.05-0.25-0.53-0.1-0.5-0.440.190.050.05-0.42-0.260.04-0.19-0.32-0.33-0.5-0.620.49-0.670.40.74
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About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Textron investors may analyze each financial statement separately, they are all interrelated. The changes in Textron's assets and liabilities, for example, are also reflected in the revenues and expenses on on Textron's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit2.3 B2.1 B
Gross Profit Margin 0.18  0.29 

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Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.