Textron Inc (TXT) — Tangible Net Worth Ratio

Latest as of December 2025: 95.7%

Textron Inc (TXT) has a Tangible Net Worth Ratio of 95.7% as of December 2025. This metric is calculated by deducting intangible assets ($338.00 Million) from net assets ($7.88 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Textron Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.7%
Tangible equity / total equity

Net Assets (Equity)

$7.88 Billion
USD

Intangible Assets

$338.00 Million
Goodwill, patents, brand value

Total Assets

$18.13 Billion
USD

Textron Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Textron Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 95.7%, reflecting net assets of $7.88 Billion with intangible assets of $338.00 Million USD. See defensive interval ratio of Textron Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Textron Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Textron Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Textron Inc (TXT) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 95.7% $7.88 Billion $338.00 Million $18.13 Billion ▲ +0.7 pp
2024 95.0% $7.20 Billion $362.00 Million $16.84 Billion ▲ +0.7 pp
2023 94.3% $6.99 Billion $399.00 Million $16.86 Billion ▲ +0.8 pp
2022 93.5% $7.11 Billion $461.00 Million $16.29 Billion ▼ -0.1 pp
2021 93.6% $6.82 Billion $438.00 Million $15.83 Billion ▲ +1.9 pp
2020 91.6% $5.84 Billion $489.00 Million $15.40 Billion ▲ +2.3 pp
2019 89.3% $5.52 Billion $589.00 Million $15.02 Billion ▲ +2.0 pp
2018 87.3% $5.19 Billion $658.00 Million $14.26 Billion ▲ +0.9 pp
2017 86.5% $5.65 Billion $765.00 Million $15.34 Billion ▲ +0.2 pp
2016 86.2% $5.57 Billion $767.00 Million $15.36 Billion ▲ +2.0 pp
2015 84.2% $4.96 Billion $783.00 Million $14.71 Billion ▲ +3.7 pp
2014 80.5% $4.27 Billion $833.00 Million $14.61 Billion ▼ -13.2 pp
2013 93.7% $4.38 Billion $276.00 Million $12.94 Billion ▲ +1.7 pp
2012 92.0% $2.99 Billion $238.00 Million $13.03 Billion ▲ +2.1 pp
2011 89.9% $2.75 Billion $277.00 Million $13.62 Billion ▲ +2.4 pp
2010 87.5% $2.97 Billion $371.00 Million $15.28 Billion ▲ +2.1 pp
2009 85.4% $2.83 Billion $412.00 Million $18.94 Billion ▲ +5.3 pp
2008 80.1% $2.37 Billion $471.00 Million $20.02 Billion ▼ -5.3 pp
2007 85.4% $3.51 Billion $512.00 Million $19.96 Billion ▼ -9.4 pp
2006 94.8% $2.65 Billion $137.00 Million $17.55 Billion ▼ -4.2 pp
2005 99.0% $3.28 Billion $32.00 Million $16.50 Billion ▲ +0.2 pp
2004 98.8% $3.65 Billion $44.00 Million $15.88 Billion ▼ -0.1 pp
2003 98.9% $3.69 Billion $40.00 Million $15.09 Billion ▲ +1.4 pp
2002 97.6% $3.41 Billion $83.00 Million $15.51 Billion ▲ +1.2 pp
2001 96.3% $3.93 Billion $144.00 Million $16.05 Billion ▲ +53.1 pp
2000 43.3% $4.51 Billion $2.56 Billion $16.37 Billion ▲ +5.0 pp
1999 38.3% $4.89 Billion $3.02 Billion $16.39 Billion ▼ -0.8 pp
1998 39.1% $3.48 Billion $2.12 Billion $13.72 Billion ▼ -6.6 pp
1997 45.7% $3.23 Billion $1.75 Billion $18.61 Billion ▼ -3.8 pp
1996 49.5% $3.18 Billion $1.61 Billion $18.23 Billion ▼ -3.5 pp
1995 52.9% $3.41 Billion $1.61 Billion $23.17 Billion ▲ +5.4 pp
1994 47.5% $2.88 Billion $1.51 Billion $20.93 Billion ▼ -0.8 pp
1993 48.3% $2.78 Billion $1.44 Billion $19.66 Billion ▲ +3.2 pp
1992 45.1% $2.49 Billion $1.37 Billion $18.37 Billion ▼ -20.5 pp
1991 65.6% $2.93 Billion $1.01 Billion $15.74 Billion ▲ +4.9 pp
1990 60.7% $2.66 Billion $1.05 Billion $14.89 Billion ▲ +3.3 pp
1989 57.5% $2.55 Billion $1.08 Billion $13.79 Billion ▲ +4.8 pp
1988 52.7% $2.36 Billion $1.12 Billion $12.55 Billion ▼ -15.2 pp
1987 68.0% $2.31 Billion $739.30 Million $5.34 Billion ▲ +10.0 pp
1986 57.9% $1.81 Billion $761.90 Million $5.56 Billion ▼ -42.1 pp
1985 100.0% $1.59 Billion $0.00 $4.34 Billion
pp = percentage points