Discontinued — last reported Q3 '21
Finance revenues — Revenue
Textron Finance revenues — Revenue decreased by 8.3% to $11M in Q3 2021 compared to the prior quarter.
Analysis
How to read this metric
An increase suggests higher customer demand for financing solutions or a larger portfolio of active leases and loans, while a decrease may indicate lower financing activity or a shift toward third-party financing. It provides insight into the company's ability to facilitate sales through internal credit support.
Detailed definition
This metric represents the total revenue generated specifically from the captive finance operations supporting the sale...
Peer comparison
Comparable to captive finance revenue segments in other capital-intensive manufacturing firms, such as those found in aerospace or heavy equipment industries that maintain internal lending arms.
txt_segment_finance_revenues_revenuesHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | |
|---|---|---|---|
| Value | $15M | $12M | $11M |
| QoQ Change | — | -20.0% | -8.3% |
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Frequently Asked Questions
- What is Textron's finance revenues — revenue?
- Textron (TXT) reported finance revenues — revenue of $11M in Q3 2021.
- What does finance revenues — revenue mean?
- Revenue earned from providing financing, leasing, and credit services to customers purchasing the company's products.