How did Textron's revenue and expenses trend in Q4 2024?
4/14/2025 05:35pm
Textron's revenue and expenses in Q4 2024 are not currently available. However, based on the available data, the following trends can be inferred:
1. **Revenue Trend**: Textron's revenue in Q4 2024 was $3.43 billion, which represents a 2.5% year-over-year increase. This growth was primarily driven by the Bell segment, which reported revenues of $929 million, an increase of $175 million from the previous year's third quarter. In contrast, the Textron Aviation segment experienced a decline in revenue due to the impact of a labor strike, which resulted in a $50 million reduction in revenue.
2. **Expense Trend**: Textron's net income in Q4 2024 was $223.0 million, which represents a 17% decrease from the same period in the previous year. This decline was primarily due to higher expenses, which impacted the profit margin. The profit margin for the quarter was 6.5%, down from 8.0% in the same quarter of the previous year. The increase in expenses was also evident in the decrease in EBITDA margin, which was 9.5% compared to 13.2% in the same quarter of the previous year. Additionally, the free cash flow margin decreased to 4% from 5.5% in the same quarter of the previous year.
3. **Segment Performance**: Textron's Bell segment performed well, with an increase in revenues and segment profit. However, the Textron Aviation segment faced significant challenges due to the labor strike, which impacted both revenue and segment profit. The Industrial segment also experienced a decline in revenue and segment profit compared to the previous year's third quarter.
In conclusion, Textron's revenue in Q4 2024 showed growth in certain segments, but the impact of higher expenses, particularly in the Aviation segment due to the labor strike, resulted in a decrease in net income and profit margin.