Textron TXT
NYSE TXT
$82.95 -1.42 (-1.68%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Textron (TXT) posted quarterly Asset Writedowns and Impairment of $75.0 million for Q4 2023, up 933.33% year-over-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.

  • In Q4 2023, Asset Writedowns and Impairment rose 933.33% year-over-year to $75.0 million; the TTM figure through Dec 2023 stood at -$27.0 million (up 72.73% YoY), while the FY2026 annual figure was $1.0 million, down 97.56% from the prior year.
  • Asset Writedowns and Impairment for Q4 2023 stood at $75.0 million, 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.
  • The 4-year median for Asset Writedowns and Impairment is $4.0 million (2021), against an average of $10.5 million.
  • The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment plunged 95.77% in 2021, then soared 933.33% in 2023.
  • Textron's Asset Writedowns and Impairment stood at $1.0 million in 2020, then soared by 400.0% to $5.0 million in 2021, then tumbled by 280.0% to -$9.0 million in 2022, then jumped by 933.33% to $75.0 million in 2023.
  • Business Quant data shows TXT's Asset Writedowns and Impairment at $75.0 million in Q4 2023, -$9.0 million in Q4 2022, and -$98.0 million in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 General Electric 362.92 Bn 353.58 Bn 6.95 Bn
2 Rtx 284.24 Bn 275.94 Bn 9.91 Bn
3 Boeing 169.32 Bn 149.30 Bn 2.41 Bn
4 Lockheed Martin 129.93 Bn 126.14 Bn 2.45 Bn
5 Howmet Aerospace 108.64 Bn 108.07 Bn 951.00 Mn
6 General Dynamics 103.62 Bn 99.29 Bn 6.76 Bn
7 Northrop Grumman 78.44 Bn 76.14 Bn 3.72 Bn
8 TransDigm 69.14 Bn 66.37 Bn 1.63 Bn
9 Axon Enterprise 50.64 Bn 49.97 Bn 546.45 Mn
10 Textron 14.38 Bn 12.94 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