Textron
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Textron's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $13,683,000,000. The net income raised on $921,000,000 and profit margin reached 7%. Total operating expenses were $1,795,000,000.
Profit Margin
| 2013 | 12.10B | 498M | 4.11% |
|---|---|---|---|
| 2015 | 13.87B | 600M | 4.32% |
| 2016 | 13.42B | 697M | 5.19% |
| 2016 | 13.78B | 962M | 6.98% |
| 2017 | 14.19B | 307M | 2.16% |
| 2018 | 13.97B | 1.22B | 8.75% |
| 2021 | 11.65B | 309M | 2.65% |
| 2022 | 12.38B | 746M | 6.02% |
| 2022 | 12.86B | 861M | 6.69% |
| 2023 | 13.68B | 921M | 6.73% |
TXT Income Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 13.68B | 12.86B | 12.38B | 11.65B | 13.97B | 14.19B | 13.78B | 13.42B | 13.87B | 12.10B |
Cost of revenue | 11.40B | 10.8B | 10.29B | 10.09B | 11.59B | 11.79B | 11.31B | 10.97B | 11.42B | 10.13B |
Gross profit | 2.27B | 2.06B | 2.08B | 1.55B | 2.37B | 2.40B | 2.47B | 2.44B | 2.45B | 1.97B |
Operating exp. | ||||||||||
Research and development | 570M | 601M | 619M | 549M | 643M | 634M | 677M | 778M | 694M | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 1.27B | 1.33B | 0 | 1.30B | 1.36B | 1.12B |
Total operating expenses | 1.79B | 1.18B | 1.22B | 1.04B | 1.27B | 1.33B | 1.30B | 1.30B | 1.36B | 1.12B |
Operating income | 1.05B | 1.12B | 1.02B | 595M | 1.10B | 1.06B | 1.17B | 1.14B | 1.09B | 847M |
Other income (expenses), net | 34M | -107M | -150M | -230M | 447M | -275M | -123M | -169M | -243M | -173M |
Income before tax | 1.08B | 1.01B | 873M | 282M | 1.38B | 762M | 876M | 971M | 853M | 674M |
Income tax expense | 165M | 154M | 126M | -27M | -162M | -456M | -33M | 273M | 248M | 176M |
Net income | 921M | 861M | 746M | 309M | 1.22B | 307M | 962M | 697M | 600M | 498M |
Earnings per share | ||||||||||
Basic EPS | 4.61 | 4.05 | 3.33 | 1.35 | 4.88 | 1.17 | 3.56 | 2.55 | 2.17 | 1.77 |
Diluted EPS | 4.56 | 4.01 | 3.29 | 1.35 | 4.83 | 1.14 | 3.53 | 2.5 | 2.13 | 1.75 |
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