TXT - Textron Inc Stock Price, Fair Value and News

86.73USD-0.76 (-0.87%)Market Closed

Market Summary

USD86.73-0.76

Market Closed

-0.87%

TXT Stock Price

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TXT RSI Chart

TXT Valuation

Market Cap

16.6B

Price/Earnings (Trailing)

17.8

Price/Sales (Trailing)

1.2

EV/EBITDA

10.95

Price/Free Cashflow

15.12

TXT Price/Sales (Trailing)

TXT Profitability

EBT Margin

7.95%

Return on Equity

13.43%

Return on Assets

5.67%

Free Cashflow Yield

6.61%

TXT Fundamentals

TXT Revenue

Revenue (TTM)

13.8B

Rev. Growth (Yr)

3.67%

Rev. Growth (Qtr)

-19.45%

TXT Earnings

Earnings (TTM)

931.0M

Earnings Growth (Yr)

5.24%

Earnings Growth (Qtr)

1.52%

Breaking Down TXT Revenue

Last 7 days

2.3%

Last 30 days

-10.6%

Last 90 days

-1.0%

Trailing 12 Months

32.7%

How does TXT drawdown profile look like?

TXT Financial Health

Current Ratio

1.77

Debt/Equity

0.05

Debt/Cashflow

3.15

TXT Investor Care

Dividend Yield

0.09%

Dividend/Share (TTM)

0.08

Buy Backs (1Y)

5.39%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	13.8B	0	0	0
2023	12.9B	13.2B	13.4B	13.7B
2022	12.5B	12.5B	12.6B	12.9B
2021	11.8B	12.5B	12.7B	12.4B
2020	13.3B	12.5B	12.0B	11.7B
2019	13.8B	13.3B	13.3B	13.6B
2018	14.4B	14.5B	14.2B	14.0B
2017	13.7B	13.8B	14.0B	14.2B
2016	13.6B	13.8B	13.9B	13.8B
2015	14.1B	13.8B	13.6B	13.4B
2014	12.1B	12.8B	13.3B	13.9B
2013	12.2B	12.1B	12.0B	12.1B
2012	11.7B	11.9B	12.1B	12.2B
2011	10.8B	10.8B	11.1B	11.3B
2010	10.5B	10.5B	10.5B	10.5B
2009	12.3B	0	0	10.5B
2008	0	0	0	14.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Textron Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 24, 2024	clark r kerry	acquired	-	-	1,756	-
Apr 24, 2024	ambrose richard f	acquired	-	-	1,756	-
Apr 24, 2024	bader kathleen m	acquired	-	-	1,756	-
Apr 24, 2024	nowell lionel l iii	acquired	-	-	1,756	-
Apr 24, 2024	ziemer james l	acquired	-	-	1,756	-
Apr 24, 2024	garrett michael x	acquired	-	-	1,756	-
Apr 24, 2024	zuber maria t	acquired	-	-	1,756	-
Apr 24, 2024	kennedy thomas a	acquired	-	-	1,756	-
Apr 24, 2024	james deborah l	acquired	-	-	1,756	-
Mar 01, 2024	donnelly scott c	sold (taxes)	-4,372,190	88.68	-49,303	chairman, president & ceo

Which funds bought or sold TXT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	reduced	-98.82	-72,551,200	1,039,400	-%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-3.67	1,824,000	14,062,000	0.22%
May 07, 2024	Empowered Funds, LLC	new	-	1,831,110	1,831,110	0.02%
May 07, 2024	SEI INVESTMENTS CO	reduced	-7.83	948,906	10,491,500	0.01%
May 07, 2024	Swiss National Bank	reduced	-5.23	6,498,590	56,309,900	0.04%
May 07, 2024	Keeler Thomas Management LLC	added	7.52	1,192,480	5,412,430	1.86%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	new	-	337,578	337,578	-%
May 07, 2024	Sustainable Insight Capital Management, LLC	new	-	1,726,740	1,726,740	1.25%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	added	7.03	2,140,050	9,873,980	0.12%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	3,933	3,933	-%

Are Funds Buying or Selling TXT?

Are funds buying TXT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TXT

No. of Funds

Unveiling Textron Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	6.9%	13,548,397	SC 13G/A
Feb 13, 2024	vanguard group inc	11.49%	22,512,608	SC 13G/A
Jan 25, 2024	blackrock inc.	8.5%	16,727,725	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	8.9%	18,672,635	SC 13G/A
Feb 09, 2023	vanguard group inc	11.45%	23,907,485	SC 13G/A
Feb 03, 2023	blackrock inc.	8.5%	17,711,558	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	15.5%	34,357,036	SC 13G/A
Feb 10, 2022	vanguard group inc	10.58%	23,325,594	SC 13G/A
Feb 01, 2022	blackrock inc.	7.1%	15,719,446	SC 13G/A
Jan 31, 2022	invesco ltd.	4.7%	10,424,522	SC 13G/A

Recent SEC filings of Textron Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading

Peers (Alternatives to Textron Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	110.7B	76.4B	-0.67%	-10.66%	-51.47	1.45	8.37%	47.92%
GD	80.3B	43.1B	-0.10%	38.65%	23.74	1.86	8.09%	-0.18%
LHX	40.9B	20.2B	3.50%	14.26%	34.9	2.03	15.66%	26.95%
HWM	33.2B	6.9B	22.01%	81.90%	38.64	4.84	15.47%	76.95%
HEI	29.0B	3.2B	11.34%	22.12%	68.12	8.93	38.68%	18.86%
AXON	23.5B	1.7B	0.21%	37.46%	89.72	14	31.69%	90.90%
HII	9.7B	11.6B	-13.60%	26.91%	13.81	0.84	7.53%	24.12%
MID-CAP
CW	10.5B	2.9B	5.92%	67.48%	28.07	3.59	11.39%	20.50%
BWXT	8.0B	2.5B	-11.69%	32.09%	31.78	3.18	11.52%	5.39%
AVAV	5.1B	705.8M	19.08%	73.53%	-47.76	7.23	44.89%	-1159.76%
SMALL-CAP
DCO	832.1M	766.6M	1.22%	14.29%	47.42	1.09	4.98%	-32.31%
SPCE	411.4M	8.4M	-15.25%	-75.55%	-0.92	49.01	194.12%	21.45%
ISSC	112.6M	37.6M	-8.64%	-4.44%	17.63	3	36.42%	25.49%
CODA	79.1M	642.5K	11.50%	-20.89%	33.57	106.77	-97.11%	-47.43%
ASTC	16.5M	2.0M	-5.09%	-11.66%	-1.61	8.3	371.33%	-13.01%

Textron Inc News

Latest updates

Textron Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-19.5%	3,135	3,892	3,343	3,424	3,024	3,636	3,078	3,154	3,001	3,322	2,990	3,191	2,879	3,667	2,735	2,472	2,777	4,035	3,259	3,227	3,109
S&GA Expenses	-3.7%	316	328	303	289	305	336	266	279	305	326	283	314	298	285	258	239	263	298	255	292	307
EBITDA Margin	-0.4%	0.10*	0.10*	0.11*	0.11*	0.10*	0.10*	0.08*	0.09*	0.09*	0.09*	0.08*	0.08*	0.05*	0.04*	0.13*	0.12*	-	-	-	-	-
Interest Expenses	-5.3%	-20.00	-19.00	-19.00	-19.00	-20.00	-20.00	-24.00	-31.00	-32.00	-251	33.00	36.00	40.00	-291	43.00	42.00	40.00	42.00	44.00	43.00	42.00
Income Taxes	16.1%	36.00	31.00	32.00	66.00	36.00	31.00	39.00	45.00	39.00	40.00	33.00	34.00	19.00	-21.00	1.00	-26.00	19.00	11.00	21.00	62.00	33.00
Earnings Before Taxes	3.0%	237	230	301	329	227	257	264	263	232	247	218	218	190	215	116	-118	-	-	-	-	-
EBT Margin	0.1%	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.07*	0.07*	0.07*	0.06*	0.03*	0.02*	0.08*	0.08*	-	-	-	-	-
Net Income	1.5%	201	198	269	263	191	226	225	217	193	207	185	183	171	236	115	-92.00	50.00	199	220	217	179
Net Income Margin	0.3%	0.07*	0.07*	0.07*	0.07*	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.06*	0.06*	0.04*	0.03*	0.02*	0.03*	-	-	-	-	-
Free Cashflow	-101.3%	-7.00	549	258	296	163	527	348	372	241	425	401	591	181	569	351	243	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.6%	16,414	16,856	16,492	16,485	16,393	16,293	15,956	15,879	15,911	15,827	15,269	15,379	15,414	15,443	15,861	15,471	15,946	15,018	15,062	14,796	14,480
Current Assets	-5.9%	7,304	7,760	7,585	7,585	7,530	7,401	7,413	7,351	7,496	7,246	7,302	7,355	7,384	7,396	8,467	8,065	8,502	7,065	7,241	6,914	6,587
Cash Equivalents	-32.8%	1,466	2,181	1,716	1,750	1,799	2,035	1,884	1,841	2,126	2,117	2,182	2,188	2,078	2,254	2,670	2,346	2,446	1,357	1,053	857	742
Inventory	9.0%	4,267	3,914	4,207	4,108	3,934	3,550	3,817	3,739	3,663	3,468	3,670	3,664	3,705	3,513	4,252	4,262	4,385	4,069	4,436	4,311	4,047
Net PPE	-1.0%	2,451	2,477	2,451	2,487	2,505	2,523	2,443	2,469	2,488	2,538	2,469	2,488	2,478	2,516	2,438	2,446	2,483	2,527	2,497	2,517	2,523
Goodwill	-0.3%	2,288	2,295	2,281	2,291	2,289	2,283	2,262	2,278	141	2,149	2,152	2,155	2,152	2,157	2,159	2,153	2,150	2,150	2,142	2,147	2,141
Liabilities	-3.9%	9,483	9,869	9,425	9,451	9,385	9,180	9,194	9,078	8,994	9,012	9,232	9,278	9,418	9,598	10,120	9,944	10,412	9,500	9,610	9,460	9,247
Current Liabilities	0.4%	4,395	4,378	4,387	4,404	4,289	3,670	3,627	3,474	3,337	3,136	3,052	3,007	3,123	3,270	3,991	4,072	4,515	3,846	3,766	3,579	3,432
Long Term Debt	-1.7%	342	348	350	354	367	375	380	382	470	3,185	585	644	653	3,707	3,199	2,955	2,956	686	2,909	2,910	2,812
LT Debt, Current	0%	357	357	357	357	357	7.00	7.00	7.00	7.00	6.00	7.00	7.00	257	509	-	-	-	561	-	-	-
LT Debt, Non Current	-11.1%	2,818	3,169	2,824	2,825	2,826	3,175	3,176	3,177	3,178	3,179	3,180	3,182	3,183	3,198	-	-	-	2,563	-	-	-
Shareholder's Equity	-0.8%	6,931	6,987	7,067	7,034	7,008	7,113	6,762	6,801	6,917	6,815	6,037	6,101	5,996	5,845	5,741	5,527	5,534	5,518	5,452	5,336	5,233
Retained Earnings	3.4%	6,059	5,862	6,614	6,349	6,090	5,903	6,492	6,271	6,058	5,870	6,498	6,318	6,139	5,973	5,741	5,631	5,727	5,682	6,009	5,794	5,581
Additional Paid-In Capital	5.3%	2,012	1,910	2,031	1,973	1,942	1,880	1,980	1,953	1,924	1,863	1,969	1,920	1,845	1,785	1,762	1,732	1,711	1,674	1,741	1,717	1,689
Accumulated Depreciation	0.7%	5,286	5,247	5,261	5,212	5,168	5,084	4,972	4,945	4,914	4,888	4,855	4,813	4,737	4,696	4,613	4,538	4,453	4,405	4,371	4,317	4,256
Shares Outstanding	-0.9%	191	193	196	198	202	206	209	212	216	217	221	224	226	226	229	228	-	-	-	-	-
Float	-	-	-	-	13,300	-	-	-	12,900	-	-	-	15,400	-	-	-	7,400	-	-	-	12,200	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-101.3%	-7,000	549,000	258,000	296,000	163,000	527,000	348,000	372,000	241,000	425,000	401,000	591,000	181,000	569,000	351,000	243,000	-395,000	791,000	284,000	155,000	-216,000
Cashflow From Investing	61.3%	-63,000	-163,000	-68,000	-57,000	-29,000	-163,000	-80,000	-232,000	28,000	-154,000	-62,000	-70,000	5,000	-156,000	-28,000	-21,000	-43,000	-83,000	-79,000	-62,000	-42,000
Cashflow From Financing	-1095.3%	-637,000	64,000	-211,000	-290,000	-376,000	-230,000	-203,000	-400,000	-258,000	-334,000	-338,000	-415,000	-359,000	-848,000	-7,000	-328,000	1,543,000	-414,000	1,000	27,000	-116,000
Dividend Payments	0%	4,000	4,000	4,000	4,000	4,000	4,000	4,000	4,000	5,000	4,000	5,000	4,000	5,000	4,000	5,000	4,000	5,000	9,000	-	4,000	5,000
Buy Backs	12.0%	317,000	283,000	235,000	273,000	377,000	228,000	200,000	282,000	157,000	335,000	299,000	196,000	91,000	129,000	-	-	54,000	33,000	109,000	159,000	202,000

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TXT Income Statement

2024-03-30

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Revenues
Total revenues	$ 3,135	$ 3,024
Costs, expenses and other
Selling and administrative expense	316	305
Interest expense, net	20	20
Special charges	14	0
Non-service components of pension and postretirement income, net	(66)	(59)
Total costs, expenses and other	2,898	2,797
Income before income taxes	237	227
Income tax expense	36	36
Net income	$ 201	$ 191
Earnings per share
Basic (in dollars per share)	$ 1.04	$ 0.93
Diluted (in dollars per share)	$ 1.03	$ 0.92
Manufacturing group
Costs, expenses and other
Net income	$ 187	$ 185
Finance group
Revenues
Total revenues	15	12
Costs, expenses and other
Net income	14	6
Product
Costs, expenses and other
Cost of products/services sold	2,069	2,176
Product \| Manufacturing group
Revenues
Total revenues	2,432	2,550
Service
Costs, expenses and other
Cost of products/services sold	545	355
Service \| Manufacturing group
Revenues
Total revenues	$ 688	$ 462

TXT Balance Sheet

2024-03-30

Consolidated Balance Sheets (Unaudited) - USD ($) shares in Thousands, $ in Millions	Mar. 30, 2024	Dec. 30, 2023
Assets
Inventories	$ 4,267	$ 3,914
Finance receivables, net	582	585
Total assets	16,414	16,856
Liabilities
Total liabilities	9,483	9,869
Shareholders’ equity
Common stock	25	24
Capital surplus	2,012	1,910
Treasury stock	(484)	(165)
Retained earnings	6,059	5,862
Accumulated other comprehensive loss	(681)	(644)
Total shareholders’ equity	6,931	6,987
Total liabilities and shareholders’ equity	$ 16,414	$ 16,856
Common shares outstanding (in shares)	191,101	192,898
Manufacturing group
Assets
Cash and equivalents	$ 1,388	$ 2,121
Accounts receivable, net	894	868
Inventories	4,267	3,914
Other current assets	755	857
Total current assets	7,304	7,760
Property, plant and equipment, less accumulated depreciation and amortization of $5,286 and $5,247, respectively	2,451	2,477
Goodwill	2,288	2,295
Other assets	3,692	3,663
Total assets	15,735	16,195
Liabilities
Current portion of long-term debt	357	357
Accounts payable	1,136	1,023
Other current liabilities	2,902	2,998
Total current liabilities	4,395	4,378
Other liabilities	1,850	1,904
Long-term debt	2,818	3,169
Total liabilities	9,063	9,451
Finance group
Assets
Cash and equivalents	78	60
Finance receivables, net	582	585
Other assets	19	16
Total assets	679	661
Liabilities
Other liabilities	78	70
Debt	342	348
Total liabilities	$ 420	$ 418

About Textron Inc

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. Its Industrial segment offers blow-molded solutions, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, plastic tanks for catalytic reduction systems, and battery housing systems for use in electric vehicles primarily to automobile original equipment manufacturers (OEMs); and golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The Textron eAviation segment manufactures and sells light aircraft and gliders with electric and combustion engines; and provides other research and development initiatives related to sustainable aviation solutions. Its Finance segment offers financing services to purchase new and pre-owned aircraft and Bell helicopters. The company was founded in 1923 and is headquartered in Providence, Rhode Island.

CEO	Mr. Scott C. Donnelly
WEBSITE	textron.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	34000

Textron Inc Frequently Asked Questions

What is the ticker symbol for Textron Inc? What does TXT stand for in stocks?

TXT is the stock ticker symbol of Textron Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Textron Inc (TXT)?

As of Wed May 08 2024, market cap of Textron Inc is 16.57 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TXT stock?

You can check TXT's fair value in chart for subscribers.

What is the fair value of TXT stock?

You can check TXT's fair value in chart for subscribers. The fair value of Textron Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Textron Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TXT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Textron Inc a good stock to buy?

The fair value guage provides a quick view whether TXT is over valued or under valued. Whether Textron Inc is cheap or expensive depends on the assumptions which impact Textron Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TXT.

What is Textron Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, TXT's PE ratio (Price to Earnings) is 17.8 and Price to Sales (PS) ratio is 1.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TXT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Textron Inc's stock?

In the past 10 years, Textron Inc has provided 0.086 (multiply by 100 for percentage) rate of return.