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| 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 |