Textron Return On Assets from 2010 to 2024

TXT Stock  USD 83.96  2.10  2.57%   
Textron Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.03 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Textron earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0476
Current Value
0.0257
Quarterly Volatility
0.01240376
 
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.
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Latest Textron's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Textron over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Textron's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Textron Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation28.62
Mean Deviation0.01
Median0.05
Standard Deviation0.01
Sample Variance0.0002
Range0.0449
R-Value0.31
Mean Square Error0.0002
R-Squared0.09
Significance0.27
Slope0.0008
Total Sum of Squares0

Textron Return On Assets History

2024 0.0257
2023 0.0476
2022 0.0528
2016 0.0626
2012 0.0471
2011 0.0178
2010 0.0193

About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets 0.05  0.03 

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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.