Textron Tangible Book Value Per Share from 2010 to 2024

TXT Stock  USD 85.63  0.55  0.65%   
Textron Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. From the period from 2010 to 2024, Textron Tangible Book Value Per Share quarterly data regression had r-value of  0.62 and coefficient of variation of  34.90. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
20.43
Current Value
21.45
Quarterly Volatility
6.32344847
 
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 Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Textron over the last few years. It is Textron's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Textron Tangible Book Value Per Share Regression Statistics

Arithmetic Mean18.12
Geometric Mean15.97
Coefficient Of Variation34.90
Mean Deviation4.61
Median20.82
Standard Deviation6.32
Sample Variance39.99
Range19.6962
R-Value0.62
Mean Square Error26.54
R-Squared0.38
Significance0.01
Slope0.88
Total Sum of Squares559.80

Textron Tangible Book Value Per Share History

2024 21.45
2023 20.43
2022 22.7
2016 12.8
2012 20.82
2011 3.98
2010 3.0

About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, 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
Tangible Book Value Per Share 20.43  21.45 

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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.