Wednesday 14 October 2026
Export TXT’s income statement to Excel — free account
Textron Inc.
TXT Industrials Aerospace & Defense
Textron Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.8 billion, up 8.01% from fiscal 2024. In the quarter to June 2026, revenue grew 2.99%, EPS grew 5.19%, free cash flow fell 40.6% and total debt rose 1.90%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five; insiders bought in the last twelve months.
74.23
0.21
−0.28%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
13.95 | 50.26 | 9.44 | 12.71 | 35.80 | 23.39 | 17.52 | 17.60 | 17.75 | 17.06 |
Piotroski F-Score |
7 | 6 | 7 | 5 | 6 | 8 | 8 | 8 | 5 | 7 |
P/S ratio |
0.97 | 1.08 | 0.82 | 0.76 | 0.95 | 1.40 | 1.16 | 1.17 | 1.05 | 1.05 |
Altman Z-Score |
2.79 | 2.91 | 2.86 | 2.65 | 2.48 | 3.01 | 2.78 | 2.77 | 2.58 | 2.64 |
Altman Z″-Score (non-manufacturers) |
4.09 | 4.08 | 4.19 | 4.10 | 4.24 | 4.41 | 4.12 | 3.86 | 3.52 | 3.74 |
P/FCF ratio |
27.84 | 29.75 | 15.30 | 15.08 | 22.82 | 14.11 | 12.93 | 18.21 | 22.03 | 16.63 |
Beneish M-Score |
(2.47) | (2.40) | (2.69) | (2.57) | (2.60) | (2.77) | (2.71) | (2.57) | (2.31) | (2.69) |
P/Operating CF |
17.05 | 25.65 | 28.00 | 13.04 | 19.41 | 40.71 | 28.37 | 29.26 | 32.30 | 22.28 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 74 |
P/B ratio |
2.39 | 2.70 | 2.22 | 1.87 | 1.89 | 2.54 | 2.10 | 2.30 | 2.00 | 1.98 |
Price to Tangible BV |
3.85 | 4.65 | 3.87 | 3.06 | 2.99 | 3.71 | 3.10 | 3.42 | 2.93 | 2.81 |
EV/Sales |
1.14 | 1.26 | 1.02 | 0.94 | 1.07 | 1.53 | 1.28 | 1.30 | 1.21 | 1.18 |
EV/EBITDA |
9.93 | 12.07 | 9.21 | 8.58 | 13.84 | 15.11 | 12.87 | 12.26 | 13.38 | 12.44 |
EV/Operating CF |
16.99 | 19.14 | 12.81 | 12.59 | 16.27 | 11.86 | 11.07 | 14.03 | 16.32 | 13.30 |
EV/FCF |
32.81 | 34.92 | 18.86 | 18.67 | 25.82 | 15.46 | 14.25 | 20.13 | 25.31 | 18.60 |
Quick Ratio |
0.61 | 0.72 | 0.61 | 0.59 | 0.93 | 0.94 | 0.79 | 0.70 | 0.54 | 0.65 |
Current Ratio |
2.09 | 2.19 | 2.14 | 2.06 | 2.52 | 2.57 | 2.19 | 1.92 | 1.76 | 1.97 |
Net Debt/EBITDA |
1.50 | 1.79 | 1.74 | 1.65 | 1.61 | 1.32 | 1.19 | 1.17 | 1.74 | 1.32 |
Debt/Assets |
23.96% | 25.50% | 26.53% | 25.37% | 24.00% | 23.80% | 21.83% | 22.98% | 21.31% | 21.39% |
Debt/Equity |
0.66 | 0.69 | 0.73 | 0.69 | 0.63 | 0.55 | 0.50 | 0.55 | 0.50 | 0.49 |
Asset Turnover |
0.92 | 0.93 | 0.94 | 0.93 | 0.77 | 0.79 | 0.80 | 0.83 | 0.81 | 0.85 |
Operating CF/Net income |
0.96 | 3.05 | 0.91 | 1.24 | 2.49 | 2.14 | 1.73 | 1.37 | 1.23 | 1.42 |
Capex/Depreciation |
(0.99) | (0.95) | (0.81) | (0.79) | (0.73) | (0.95) | (0.84) | (0.97) | (0.94) | (0.93) |
Interest Coverage |
6.52 | 5.96 | 6.64 | 6.27 | 3.08 | 6.08 | 8.25 | 13.68 | 8.81 | 7.94 |
| 18.26% | 5.47% | 22.55% | 15.22% | 5.44% | 11.79% | 12.36% | 13.06% | 11.61% | 12.22% | |
| 6.40% | 2.00% | 8.26% | 5.57% | 2.03% | 4.77% | 5.36% | 5.56% | 4.89% | 5.27% | |
ROIC |
8.91% | 7.81% | 8.76% | 8.41% | 4.38% | 6.38% | 6.39% | 7.58% | 5.71% | 6.43% |
Return on Tangible Assets |
14.07% | 4.33% | 18.51% | 12.34% | 4.12% | 10.02% | 12.50% | 14.16% | 14.00% | 13.53% |
Average Days of Receivables |
28.17 | 35.04 | 26.75 | 24.66 | 24.66 | 24.70 | 24.25 | 23.15 | 25.28 | 20.30 |
Research and Development Expense of Revenue |
4.91% | 4.47% | 4.60% | 4.75% | 4.71% | 5.00% | 4.67% | 4.17% | 3.58% | 3.52% |
Selling, General and Administrative Expense of Revenue |
9.55% | 9.40% | 9.13% | 8.45% | 8.97% | 9.86% | 9.22% | 8.95% | 8.44% | 7.93% |
Intangible Assets out of Total Assets |
0.14 | 0.15 | 0.16 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.12) | (0.11) | (0.14) | (0.15) | (0.12) | (0.06) | (0.08) | (0.09) | (0.13) | (0.11) |
Graham Number |
40.44 | 23.32 | 47.69 | 43.40 | 27.87 | 47.52 | 54.92 | 59.98 | 60.91 | 71.14 |
Earnings Yield |
7.17% | 1.99% | 10.59% | 7.87% | 2.79% | 4.27% | 5.71% | 5.68% | 5.63% | 5.86% |
Free Cash Flow Yield |
3.59% | 3.36% | 6.54% | 6.63% | 4.38% | 7.09% | 7.73% | 5.49% | 4.54% | 6.02% |
Revenue per Share |
50.92 | 53.30 | 55.84 | 58.92 | 50.98 | 55.25 | 60.47 | 68.51 | 72.76 | 82.72 |
Operating CF per Share |
3.42 | 3.51 | 4.42 | 4.38 | 3.36 | 7.13 | 6.99 | 6.34 | 5.38 | 7.33 |
Capex per Share |
(1.65) | (1.59) | (1.42) | (1.43) | (1.24) | (1.66) | (1.56) | (1.92) | (1.91) | (2.09) |
Free Cash Flow per Share |
1.77 | 1.93 | 3.01 | 2.96 | 2.12 | 5.47 | 5.43 | 4.42 | 3.47 | 5.24 |
Cash per Share |
4.79 | 4.74 | 4.42 | 5.87 | 9.86 | 9.45 | 9.56 | 10.92 | 7.65 | 11.32 |
Shareholders Equity per Share |
20.59 | 21.20 | 20.75 | 23.85 | 25.58 | 30.41 | 33.42 | 34.98 | 38.25 | 44.02 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
20.59 | 21.20 | 20.75 | 23.85 | 25.58 | 30.41 | 33.42 | 34.98 | 38.25 | 44.02 |
Free Cash Flow |
479.00 | 513.00 | 752.00 | 684.00 | 484.00 | 1,226.00 | 1,156.00 | 882.00 | 654.00 | 938.00 |
Working Capital |
4,256.00 | 4,369.00 | 3,988.00 | 4,077.00 | 4,978.00 | 4,910.00 | 4,366.00 | 4,027.00 | 3,357.00 | 4,219.00 |
Capital Expenditures |
(446.00) | (423.00) | (355.00) | (330.00) | (284.00) | (372.00) | (332.00) | (384.00) | (360.00) | (374.00) |
Net Current Asset Value |
(1,635.00) | (1,664.00) | (1,578.00) | (1,577.00) | (1,350.00) | (966.00) | (1,144.00) | (1,464.00) | (1,883.00) | (1,682.00) |
EV/EBIT |
13.86 | 17.27 | 12.86 | 11.91 | 24.41 | 21.93 | 18.66 | 16.86 | 19.36 | 17.43 |
Capex to Sales |
0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
Price to Operating Income |
11.76 | 14.72 | 10.43 | 9.62 | 21.57 | 20.02 | 16.93 | 15.25 | 16.85 | 15.58 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.17 | 0.16 | 0.17 | 0.16 | 0.16 | 0.15 | 0.16 | 0.16 | 0.15 | 0.15 |
Cash ROIC |
4.54% | 4.74% | 7.46% | 6.40% | 4.10% | 9.65% | 9.10% | 6.76% | 5.35% | 6.81% |
Accounts Receivable Turnover |
13.06 | 11.70 | 11.71 | 14.02 | 13.64 | 15.24 | 15.20 | 15.88 | 15.08 | 16.70 |
Accounts Payable Turnover |
9.71 | 9.55 | 10.06 | 9.21 | 9.37 | 13.18 | 11.31 | 10.62 | 11.39 | 11.38 |
Inventory Turnover |
2.63 | 2.75 | 2.91 | 2.89 | 2.66 | 2.95 | 2.91 | 2.90 | 2.81 | 2.90 |
Average Days of Payables |
40.98 | 37.19 | 34.60 | 44.10 | 28.06 | 27.86 | 36.43 | 34.46 | 30.73 | 35.73 |
Days of Inventory on Hand |
143.72 | 128.08 | 120.20 | 130.21 | 127.03 | 122.93 | 127.05 | 131.85 | 132.67 | 129.00 |
Average Receivables |
1,055.50 | 1,213.50 | 1,193.50 | 972.50 | 854.00 | 812.50 | 846.50 | 861.50 | 908.50 | 886.00 |
Average Payables |
1,168.00 | 1,239.00 | 1,152.00 | 1,238.50 | 1,077.00 | 781.00 | 902.00 | 1,020.50 | 983.00 | 1,064.00 |
Average Inventory |
4,304.00 | 4,307.00 | 3,984.00 | 3,943.50 | 3,791.00 | 3,490.50 | 3,509.00 | 3,732.00 | 3,992.50 | 4,174.50 |
Average Assets |
15,033.00 | 15,349.00 | 14,802.00 | 14,641.00 | 15,230.50 | 15,635.00 | 16,060.00 | 16,574.50 | 16,847.00 | 17,483.50 |
Average Common Equity |
5,269.00 | 5,610.50 | 5,419.50 | 5,355.00 | 5,681.50 | 6,330.00 | 6,964.00 | 7,050.00 | 7,095.50 | 7,539.50 |
Columns are period end dates