Textron ROE - Return on Equity 2010-2024 | TXT
- Textron average return on equity for 2023 was 12.99, a 6.56% decline from 2022.
- Textron average return on equity for 2022 was 12.19, a 10.22% increase from 2021.
- Textron average return on equity for 2021 was 11.06, a 48.86% increase from 2020.
Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.