Textron Inc.

Textron Inc.verified

TXT

Price:

$88.33

Market Cap:

$16.55B

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related compone...[Read more]

Industry

Aerospace & Defense

IPO Date

1947-12-22

Stock Exchange

NYSE

Ticker

TXT

The Current Ratio as of September 2024 (TTM) for Textron Inc. (TXT) is 1.66

According to Textron Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of -4.83% compared to the average of 1.74 of the last 4 quarters.

Textron Inc. (TXT) Historical Current Ratio (quarterly & annually)

How has TXT Current Ratio performed in the past?

The mean historical Current Ratio of Textron Inc. over the last ten years is 1.94. The current 1.66 Current Ratio has changed 8.45% with respect to the historical average. Over the past ten years (40 quarters), TXT's Current Ratio was at its highest in in the July 2021 quarter at 2.73. The Current Ratio was at its lowest in in the September 2014 quarter at 1.59.

Quarterly (TTM)
Annual

Average

1.94

Median

1.90

Minimum

1.71

Maximum

2.31

Textron Inc. (TXT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Textron Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.13%

Maximum Annual Current Ratio = 2.31

Minimum Annual Increase = -12.72%

Minimum Annual Current Ratio = 1.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.92-4.80%
20222.02-12.72%
20222.312.16%
20212.2623.13%
20201.84-2.62%
20181.89-1.74%
20171.925.97%
20161.816.05%
20161.71-0.93%
20151.72-7.07%

Textron Inc. (TXT) Average Current Ratio

How has TXT Current Ratio performed in the past?

The current Current Ratio of Textron Inc. (TXT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.08

5-year avg

2.07

10-year avg

1.94

Textron Inc. (TXT) Current Ratio vs. Peers

How is TXT’s Current Ratio compared to its peers?

Textron Inc.’s Current Ratio is less than Hexcel Corporation (2.75), greater than Huntington Ingalls Industries, Inc. (0.82), less than Curtiss-Wright Corporation (2.05), less than Mercury Systems, Inc. (4.07), greater than Northrop Grumman Corporation (1.09), greater than L3Harris Technologies, Inc. (0.90), greater than General Dynamics Corporation (1.33), greater than RTX Corporation (0.99), greater than Lockheed Martin Corporation (1.24), less than Eve Holding, Inc. (3.87), less than AAR Corp. (2.98), less than Leonardo DRS, Inc. (2.01), less than Triumph Group, Inc. (2.47), greater than Embraer S.A. (1.50), greater than The Boeing Company (1.18), greater than Howmet Aerospace Inc. (1.53),

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