Earnings Summary

Textron Inc.’s revenue jumped 8.56% since last year same period to $3424Mn in the Q2 2023. On a quarterly growth basis, Textron Inc. has generated 13.23% jump in its revenue since last 3-months.

Textron Inc.’s net profit jumped 21.2% since last year same period to $263Mn in the Q2 2023. On a quarterly growth basis, Textron Inc. has generated 37.7% jump in its net profits since last 3-months.

Textron Inc.’s net profit margin jumped 11.64% since last year same period to 7.68% in the Q2 2023. On a quarterly growth basis, Textron Inc. has generated 21.61% jump in its net profit margins since last 3-months.

Textron Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.08 - a 16.13% jump from last quarter’s estimates.

Textron Inc.’s earning per share (EPS) estimates for the current year stand at 1.08.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Textron Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Textron Inc.’s return on equity (ROE) stands at 0.13.

Textron Inc. declared 0.02 dividend per share during the earnings announcement for Q1 2023.