Textron (TXT) Times Interest Earned (2009 - 2022)

Textron (TXT) posted quarterly Times Interest Earned of -$0.06 for Q4 2022, up 96.72% year-over-year from -$0.03 in Q4 2021, and up 87.1% on a QoQ basis from -$0.5 in Q3 2022.

Textron (TXT) Times Interest Earned (2009 - 2022) Analysis & Trends

Textron (TXT) has reported Times Interest Earned for 14 consecutive years, with -$0.06 the latest figure, recorded in Q4 2022.

  • In Q4 2022, Times Interest Earned rose 96.72% year-over-year to -$0.06; the TTM figure through Jul 2023 stood at -$3.84 (down 173.41% YoY), while the FY2022 annual figure was -$2.45, up 46.68% from the prior year.
  • Times Interest Earned came in at -$0.06 for Q4 2022 at Textron, up from -$0.5 in the prior quarter.
  • The five-year high for Times Interest Earned was $25.42 in Q1 2022, with the low at -$107.45 in Q1 2020.
  • Average Times Interest Earned over 5 years is -$36.76, with a median of -$52.57 recorded in 2018.
  • Across the five-year window, Times Interest Earned plunged 30.71% in 2018 and surged 96.72% in 2022, its largest moves.
  • Year by year, Times Interest Earned stood at -$90.98 in 2018, then soared by 30.63% to -$63.11 in 2019, then surged by 94.77% to -$3.3 in 2020, then jumped by 40.35% to -$1.97 in 2021, then soared by 96.72% to -$0.06 in 2022.
  • According to Business Quant data, Times Interest Earned over the past three periods registered -$0.06, -$0.5, and -$2.21 for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.73
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 7.67
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn -
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.43
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.10
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -43.93
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 -0.06
Jul 2, 2022 -0.50
Apr 2, 2022 -2.21
Jan 1, 2022 25.42
Oct 2, 2021 -1.97
Jul 3, 2021 -2.67
Apr 3, 2021 -2.70
Oct 3, 2020 -3.30
Jul 4, 2020 -64.48
Apr 4, 2020 -57.95
Jan 4, 2020 -107.45
Sep 28, 2019 -63.11
Jun 29, 2019 -54.93
Mar 30, 2019 -56.31
Dec 29, 2018 -90.98
Sep 29, 2018 -50.22
Jun 30, 2018 -66.98
Mar 31, 2018 -61.24
Dec 30, 2017 -69.60
Sep 30, 2017 -60.93