Textron (TXT) Interest Expenses (2009 - 2022)

Textron (TXT) posted quarterly Interest Expenses of $31.0 million for Q4 2022, down 6.06% year-over-year from $33.0 million in Q4 2021, and down 3.12% on a QoQ basis from $32.0 million in Q3 2022.

Textron (TXT) Interest Expenses (2009 - 2022) Analysis & Trends

Textron (TXT) has reported Interest Expenses for 14 consecutive years, with $31.0 million the latest figure, recorded in Q4 2022.

  • In Q4 2022, Interest Expenses fell 6.06% year-over-year to $31.0 million; the TTM figure through Jul 2023 stood at $31.0 million (down 76.34% YoY), while the FY2022 annual figure was $142.0 million, down 14.46% from the prior year.
  • Interest Expenses came in at $31.0 million for Q4 2022 at Textron, down from $32.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $44.0 million in Q3 2019, with the low at $31.0 million in Q4 2022.
  • Average Interest Expenses over 5 years is $39.0 million, with a median of $41.0 million recorded in 2018.
  • Across the five-year window, Interest Expenses increased 7.32% in 2019 and dropped 23.26% in 2021, its largest moves.
  • Year by year, Interest Expenses stood at $42.0 million in 2018, then grew by 4.76% to $44.0 million in 2019, then fell by 2.27% to $43.0 million in 2020, then decreased by 23.26% to $33.0 million in 2021, then slipped by 6.06% to $31.0 million in 2022.
  • According to Business Quant data, Interest Expenses over the past three periods registered $31.0 million, $32.0 million, and $33.0 million for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 616.00 Mn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn -
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn -
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 269.00 Mn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn -
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 484.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 162.00 Mn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 1.27 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -
10 Textron 2.02 Bn 513.02 Mn 267.00 Mn -

Historic Data

Download Data
DateValue
Oct 1, 2022 31.00 Mn
Oct 1, 2022 31.00 Mn
Jul 2, 2022 32.00 Mn
Jul 2, 2022 32.00 Mn
Apr 2, 2022 33.00 Mn
Apr 2, 2022 33.00 Mn
Jan 1, 2022 33.00 Mn
Jan 1, 2022 33.00 Mn
Oct 2, 2021 33.00 Mn
Oct 2, 2021 33.00 Mn
Jul 3, 2021 36.00 Mn
Jul 3, 2021 36.00 Mn
Apr 3, 2021 40.00 Mn
Apr 3, 2021 40.00 Mn
Jan 2, 2021 41.00 Mn
Jan 2, 2021 41.00 Mn
Oct 3, 2020 43.00 Mn
Oct 3, 2020 43.00 Mn
Jul 4, 2020 42.00 Mn
Jul 4, 2020 42.00 Mn