Textron Inc (TXT)
95.28
+1.51
(+1.61%)
USD |
NYSE |
Apr 23, 16:00
95.29
+0.01
(+0.01%)
After-Hours: 20:00
Textron Gross Profit Margin (Quarterly): 16.52% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 16.52% |
| September 30, 2023 | 16.87% |
| June 30, 2023 | 16.88% |
| March 31, 2023 | 16.30% |
| December 31, 2022 | 15.21% |
| September 30, 2022 | 16.05% |
| June 30, 2022 | 16.27% |
| March 31, 2022 | 16.96% |
| December 31, 2021 | 17.19% |
| September 30, 2021 | 16.86% |
| June 30, 2021 | 16.64% |
| March 31, 2021 | 16.64% |
| December 31, 2020 | 14.81% |
| September 30, 2020 | 14.73% |
| June 30, 2020 | 8.94% |
| March 31, 2020 | 14.04% |
| December 31, 2019 | 14.72% |
| September 30, 2019 | 15.71% |
| June 30, 2019 | 18.16% |
| March 31, 2019 | 17.11% |
| December 31, 2018 | 17.20% |
| September 30, 2018 | 16.03% |
| June 30, 2018 | 17.53% |
| March 31, 2018 | 17.20% |
| December 31, 2017 | 16.48% |
| Date | Value |
|---|---|
| September 30, 2017 | 17.22% |
| June 30, 2017 | 16.87% |
| March 31, 2017 | 16.20% |
| December 31, 2016 | 17.59% |
| September 30, 2016 | 18.15% |
| June 30, 2016 | 17.72% |
| March 31, 2016 | 17.68% |
| December 31, 2015 | 17.13% |
| September 30, 2015 | 18.74% |
| June 30, 2015 | 18.85% |
| March 31, 2015 | 18.35% |
| December 31, 2014 | 18.36% |
| September 30, 2014 | 17.06% |
| June 30, 2014 | 17.97% |
| March 31, 2014 | 17.21% |
| December 31, 2013 | 16.20% |
| September 30, 2013 | 14.84% |
| June 30, 2013 | 17.65% |
| March 31, 2013 | 16.57% |
| December 31, 2012 | 16.81% |
| September 30, 2012 | 17.50% |
| June 30, 2012 | 19.34% |
| March 31, 2012 | 19.05% |
| December 31, 2011 | 16.56% |
| September 30, 2011 | 17.80% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
8.94%
Minimum
Jun 2020
18.16%
Maximum
Jun 2019
15.76%
Average
16.30%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Boeing Co | 12.25% |
| Lockheed Martin Corp | 12.16% |
| General Dynamics Corp | 16.48% |
| AeroVironment Inc | 36.06% |
| Moog Inc | 27.22% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.08% |
| Return on Assets | 5.58% |
| Return on Invested Capital | 8.65% |
| Profit Margin (Quarterly) | 5.09% |
| Operating Margin (Quarterly) | 8.09% |
| Return on Net Operating Assets | 9.04% |