Revenue Showdown: Textron Inc. vs ITT Inc.

Revenue Showdown: Textron Inc. vs ITT Inc.

In the competitive landscape of American industry, Textron Inc. and ITT Inc. have been key players, each carving out a significant niche. Over the past decade, Textron Inc. has consistently outperformed ITT Inc. in terms of revenue, boasting figures that are nearly five times higher on average. From 2014 to 2023, Textron's revenue peaked in 2017, reaching approximately $14.2 billion, while ITT Inc. saw its highest revenue in 2023, with a 22% increase from its 2014 figures. The pandemic year of 2020 marked a downturn for both companies, with Textron's revenue dropping by 16% compared to 2019. However, both companies have shown resilience, with ITT Inc. achieving a remarkable 32% growth from 2020 to 2023. As we look to the future, Textron's 2024 data remains to be seen, leaving room for speculation on whether ITT Inc. can close the gap.