Textron (TXT) Interest Coverage Ratio (2009 - 2026)
Textron's (TXT) quarterly Interest Coverage Ratio came in at 1.36 in Q2 2026, up 97.84% year-on-year from 0.69 in Q2 2025, and down 36.74% quarter-over-quarter from 0.99 in Q1 2026.
Textron (TXT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Textron's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 1.36 for Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 97.84% year-over-year to 1.36 in Q2 2026; TTM through Apr 2026 was 4.23, a 89.26% increase from a year earlier, with the FY2026 full-year figure at 3.13, up 21.33% from the prior year.
- Interest Coverage Ratio fell to 1.36 in Q2 2026 per TXT's latest filing, from 0.99 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 20.0 in Q3 2023 and bottomed at 78.0 in Q3 2024.
- The 5-year median for Interest Coverage Ratio is 2.21 (2022), against an average of 15.82.
- Across the five-year window, Interest Coverage Ratio surged 4100.0% in 2023 and sank 7700.0% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.89 in 2022, then plunged by 2660.13% to 24.5 in 2023, then retreated by 2.04% to 25.0 in 2024, then surged by 95.93% to 1.02 in 2025, then plunged by 33.63% to 1.36 in 2026.
- Per Business Quant, the three latest TXT Interest Coverage Ratio figures stand at 1.36 (Q2 2026), 0.99 (Q1 2026), and 1.02 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.67 Bn | 365.33 Bn | -3.10 Bn | -5.05 |
| 2 | Rtx | 290.29 Bn | 281.98 Bn | 9.91 Bn | 1.76 |
| 3 | Boeing | 169.63 Bn | 149.60 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 133.28 Bn | 129.49 Bn | 2.45 Bn | 2.07 |
| 5 | Howmet Aerospace | 113.32 Bn | 110.88 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 103.57 Bn | 99.24 Bn | 6.76 Bn | 26.07 |
| 7 | Northrop Grumman | 76.64 Bn | 74.33 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 73.43 Bn | 69.55 Bn | 1.51 Bn | 2.43 |
| 9 | L3Harris Technologies | 51.77 Bn | 51.18 Bn | 1.40 Bn | 1.69 |
| 10 | Textron | 14.94 Bn | 13.50 Bn | 304.00 Mn | -2.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | -1.36 |
| Jan 3, 2026 | -0.99 |
| Sep 27, 2025 | -1.02 |
| Jun 28, 2025 | -3.02 |
| Mar 29, 2025 | -63.00 |
| Dec 28, 2024 | -25.00 |
| Sep 28, 2024 | -78.00 |
| Jun 29, 2024 | -37.50 |
| Mar 30, 2024 | -55.75 |
| Dec 30, 2023 | -24.50 |
| Sep 30, 2023 | -1.00 |
| Jul 1, 2023 | 20.00 |
| Apr 1, 2023 | -4.59 |
| Dec 31, 2022 | -0.89 |
| Jul 2, 2022 | -0.50 |
| Apr 2, 2022 | -2.21 |
| Jan 1, 2022 | 10.37 |
| Oct 2, 2021 | -1.97 |
| Jul 3, 2021 | -2.67 |
| Apr 3, 2021 | -2.70 |