Textron (TXT) Asset Writedowns and Impairment (2009 - 2023)
Textron's (TXT) quarterly Asset Writedowns and Impairment came in at $75.0 million in Q4 2023, up 933.33% year-on-year from $7.3 million in Q4 2022, and up 933.33% quarter-over-quarter from -$9.0 million in Q4 2022.
Textron (TXT) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Textron's Asset Writedowns and Impairment history runs 8 years deep, the most recent figure standing at $75.0 million for Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment rose 933.33% year-over-year to $75.0 million in Q4 2023; TTM through Dec 2023 was -$27.0 million, a 72.73% increase from a year earlier, with the FY2026 full-year figure at $1.0 million, down 97.56% from the prior year.
- Asset Writedowns and Impairment grew to $75.0 million in Q4 2023 per TXT's latest filing, from -$9.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $75.0 million in Q4 2023 and bottomed at -$98.0 million in Q1 2022.
- The 4-year median for Asset Writedowns and Impairment is $4.0 million (2021), against an average of $10.5 million.
- Across the five-year window, Asset Writedowns and Impairment sank 95.77% in 2021 and soared 933.33% in 2023, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $1.0 million in 2020, then jumped by 400.0% to $5.0 million in 2021, then slumped by 280.0% to -$9.0 million in 2022, then surged by 933.33% to $75.0 million in 2023.
- Per Business Quant, the three latest TXT Asset Writedowns and Impairment figures stand at $75.0 million (Q4 2023), -$9.0 million (Q4 2022), and -$98.0 million (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 375.25 Bn | 365.91 Bn | -3.10 Bn |
| 2 | Rtx | 290.60 Bn | 282.30 Bn | 9.91 Bn |
| 3 | Boeing | 170.04 Bn | 150.02 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 133.67 Bn | 129.88 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 113.65 Bn | 111.21 Bn | 854.00 Mn |
| 6 | General Dynamics | 103.59 Bn | 99.26 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 76.94 Bn | 74.64 Bn | 3.72 Bn |
| 8 | TransDigm | 73.45 Bn | 69.56 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 51.96 Bn | 51.37 Bn | 1.40 Bn |
| 10 | Textron | 14.93 Bn | 13.49 Bn | 304.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 30, 2023 | 75.00 Mn |
| Dec 30, 2023 | 75.00 Mn |
| Dec 31, 2022 | -9.00 Mn |
| Dec 31, 2022 | -9.00 Mn |
| Jan 1, 2022 | -98.00 Mn |
| Jan 1, 2022 | -98.00 Mn |
| Oct 2, 2021 | 5.00 Mn |
| Oct 2, 2021 | 5.00 Mn |
| Jul 3, 2021 | 3.00 Mn |
| Jul 3, 2021 | 3.00 Mn |
| Apr 3, 2021 | 3.00 Mn |
| Apr 3, 2021 | 3.00 Mn |
| Oct 3, 2020 | 1.00 Mn |
| Oct 3, 2020 | 1.00 Mn |
| Jul 4, 2020 | 71.00 Mn |
| Jul 4, 2020 | 71.00 Mn |
| Apr 4, 2020 | 39.00 Mn |
| Apr 4, 2020 | 39.00 Mn |
| Jan 4, 2020 | 15.00 Mn |
| Jan 4, 2020 | 15.00 Mn |