Growth Metrics

Textron (TXT) Interest Coverage Ratio (2016 - 2022)

Textron has reported Interest Coverage Ratio over the past 14 years, most recently at 0.06 for Q4 2022.

  • Quarterly results put Interest Coverage Ratio at 0.06 for Q4 2022, up 96.72% from a year ago — trailing twelve months through Jul 2023 was 3.84 (down 173.41% YoY), and the annual figure for FY2022 was 2.45, up 46.68%.
  • Interest Coverage Ratio for Q4 2022 was 0.06 at Textron, up from 0.5 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for TXT hit a ceiling of 25.42 in Q1 2022 and a floor of 86.07 in Q1 2020.
  • Median Interest Coverage Ratio over the past 5 years was 52.57 (2018), compared with a mean of 33.46.
  • Biggest five-year swings in Interest Coverage Ratio: dropped 27.87% in 2020 and later skyrocketed 96.72% in 2022.
  • Textron's Interest Coverage Ratio stood at 67.31 in 2018, then increased by 15.38% to 56.95 in 2019, then soared by 94.2% to 3.3 in 2020, then surged by 40.35% to 1.97 in 2021, then skyrocketed by 96.72% to 0.06 in 2022.
  • The last three reported values for Interest Coverage Ratio were 0.06 (Q4 2022), 0.5 (Q3 2022), and 2.21 (Q2 2022) per Business Quant data.