Textron Income Tax Expense from 2010 to 2024

TXT Stock  USD 85.63  0.55  0.65%   
Textron Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 134.8 M in 2024. From the period from 2010 to 2024, Textron Income Tax Expense quarterly data regression had r-value of (0.12) and coefficient of variation of  235.72. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-12-31
Previous Quarter
63 M
Current Value
29 M
Quarterly Volatility
68.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 392.4 M, Interest Expense of 73.2 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0012 or PTB Ratio of 1.74. Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Latest Textron's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Textron over the last few years. It is Textron's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Textron's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Textron Income Tax Expense Regression Statistics

Arithmetic Mean80,096,855
Geometric Mean138,199,680
Coefficient Of Variation235.72
Mean Deviation133,118,323
Median127,000,000
Standard Deviation188,806,821
Sample Variance35648T
Range729M
R-Value(0.12)
Mean Square Error37806.5T
R-Squared0.02
Significance0.66
Slope(5,205,822)
Total Sum of Squares499072.2T

Textron Income Tax Expense History

2024134.8 M
2023165 M
2022154 M
2021126 M
2020-27 M
2019127 M
2018-162 M

About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Textron investors may analyze each financial statement separately, they are all interrelated. The changes in Textron's assets and liabilities, for example, are also reflected in the revenues and expenses on on Textron's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense165 M134.8 M

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Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.