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| Date | Value |
|---|---|
| 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 |