Textron (TXT) Asset Writedowns and Impairment (2009 - 2023)

Textron has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $75.0 million in 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 was $75.0 million for Q4 2023 at Textron, up from -$9.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $75.0 million in Q4 2023, with the low at -$98.0 million in Q1 2022.
• Average Asset Writedowns and Impairment over 4 years is $10.5 million, with a median of $4.0 million recorded in 2021.
• The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment plunged 95.77% in 2021, then surged 933.33% in 2023.
• Over 4 years, Asset Writedowns and Impairment stood at $1.0 million in 2020, then surged by 400.0% to $5.0 million in 2021, then tumbled by 280.0% to -$9.0 million in 2022, then soared by 933.33% to $75.0 million in 2023.
• The last three Asset Writedowns and Impairment figures came in at $75.0 million (Q4 2023), -$9.0 million (Q4 2022), and -$98.0 million (Q1 2022), per Business Quant data.