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
DateValue
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