Discontinued — last reported Q4 '23

Non-Current Assets

PP&E (Net)

Textron PP&E (Net) decreased by 1.8% to $2.48B in Q4 2023 compared to the prior quarter. Over 3 years (FY 2020 to FY 2023), PP&E (Net) shows relatively stable performance with a -0.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2023Feb 12, 2024

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$2.54B$2.52B$2.48B
QoQ Change-0.6%-1.8%
YoY Change-0.6%-1.8%
Range$2.48B$2.54B
Avg YoY Growth-1.2%
Median YoY Growth-1.2%
Current Streak2+ quarters decline

Geographic Breakdown — United States

View all
SegmentQ4 '22
United States$2.14B
Total$2.52B

United States was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Other international

View all
SegmentQ4 '22
Other international$198.00M
Europe$188.00M
Total$2.52B

Europe, Other international were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Textron's pp&e (net)?
Textron (TXT) reported pp&e (net) of $2.48B in Q4 2023.
What is the long-term trend for Textron's pp&e (net)?
Over 3 years (2020 to 2023), Textron's pp&e (net) has grown at a -0.5% compound annual growth rate (CAGR), from $2.52B to $2.48B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.