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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.

74.58 0.14 +0.19%
Market cap
$12.8B
P/E
14.0×
Fwd P/E
16.3×
Dividend yield
0.11%
F-score
7/9
Altman Z
2.64
Beneish M
−2.69
Dividend safety
74/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.99
Total sells 30.21
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — — — — —
Sell — — — 5 — — 1 — — — — —
Insider Ownership 1.63%

Capital & Financial Ratios $m

Market Cap 12,800.00
Revenue 15,299.00
Net Income 939.00
Free Cash Flow 765.00
Net Debt 2,199.00
Current Ratio 1.86 (at or above 1.5: strong)
Debt/Equity 0.47 (at or below 0.5: strong)
P/E ratio 14.05
Fwd P/E 16.30
P/S ratio 0.84
P/B ratio 1.60
Past 5Y EPS Growth 30.50% (at or above 15%: strong)
This Y EPS Growth 5.21%
Next Y EPS Growth 12.78%
Next Y revenue growth 5.29%
Next 5Y EPS Growth 9.49%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.0×, against a ten-year median of 1.2×; over the ten years it ranged from 0.6× in 2020 to 1.5× in 2021.
P/E against its own 10 years 21.59%
10-year low 10-year high
P/S against its own 10 years 20.66%
10-year low 10-year high
P/B against its own 10 years 6.09%
10-year low 10-year high
EV/Sales against its own 10 years 11.92%
10-year low 10-year high
EV/FCF against its own 10 years 39.41%
10-year low 10-year high

Dividends

Payout Ratio 0.02
Annual Dividend Rate 0.08
Annual Dividend Yield 0.11%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.08
0.02
0.02
0.02
2025 0.08
0.02
0.02
0.02
0.02
2024 0.08
0.02
0.02
0.02
0.02
2023 0.08
0.02
0.02
0.02
0.02
2022 0.33
0.25
0.02
0.02
0.02
0.02
2021 0.08
0.02
0.02
0.02
0.02
2020 0.08
0.02
0.02
0.02
0.02
2019 0.08
0.02
0.02
0.02
0.02
2018 0.08
0.02
0.02
0.02
0.02
2017 0.08
0.02
0.02
0.02
0.02
2016 0.08
0.02
0.02
0.02
0.02
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2,181 1,441 2,025 1,606
Receivables 868 949 823 916
Inventory 3,914 4,071 4,278 4,720
Other 857 687 872 909
8,405 7,751 8,572 8,675
2023 2024 2025 Q'26
Payables 1,023 943 1,185 1,215
ST’ Debt 357 357 5 355
Other 2,998 3,094 3,163 3,092
4,378 4,394 4,353 4,662

Compound Annual Growth %

10y 5y 3y
Sales 0.98% 4.90% 4.77%
Cash Flow 1.87% 11.30% (4.11%)
Earnings 2.83% 24.41% 2.27%
Book Value 4.72% 6.14% 3.45%

Revenue $m

Mar Jun Sep Dec Year
’26 3,695 3,827 — — —
’25 3,306 3,716 3,602 4,175 14,799
’24 3,135 3,527 3,427 3,613 13,702
’23 3,024 3,424 3,343 3,892 13,683
’22 3,001 3,154 3,078 3,636 12,869
’21 2,879 3,191 2,990 3,322 12,382
’20 2,777 2,472 2,735 3,667 11,651
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (117) 304 — — —
’25 (124) 387 349 700 1,312
’24 (7) 367 208 446 1,014
’23 163 296 258 549 1,266
’22 241 372 348 527 1,488
’21 181 591 401 425 1,598
’20 (395) 243 351 569 768
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (224) 189 — — —
’25 (180) 318 273 527 938
’24 (70) 293 137 294 654
’23 101 213 183 385 882
’22 211 306 273 366 1,156
’21 128 516 328 254 1,226
’20 (445) 202 291 436 484
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.25 1.42 — — —
’25 1.13 1.35 1.31 1.32 5.11
’24 1.03 1.34 1.18 0.76 4.33
’23 0.92 1.30 1.35 1.00 4.57
’22 0.88 1.00 1.06 1.07 4.01
’21 0.75 0.80 0.82 0.93 3.30
’20 0.22 (0.40) 0.50 1.03 1.35
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 30.69 43.66 43.27 42.30 20.26 44.36 57.11 61.27 75.34 57.70

Analyst estimates 2026–2028

Powerpack
High 49.82 57.71 72.87 58.00 51.53 78.19 79.45 81.39 97.34 91.22
People
People Employees 36,000 37,000 35,000 35,000 33,000 33,000 34,000 35,000 34,000 34,000
Revenue/emp, $m 0.38 0.38 0.40 0.39 0.35 0.38 0.38 0.39 0.40 0.44
Income, $m
Income, $m Revenue 13,788 14,198 13,972 13,630 11,651 12,382 12,869 13,683 13,702 14,799
Gross margin, % 17.78 16.70 17.02 16.32 13.36 16.84 20.75 20.81 18.26 18.21
EBT 876 762 1,384 942 282 873 1,016 1,087 943 1,137
EBT margin, % 6.35 5.37 9.91 6.91 2.42 7.05 7.89 7.94 6.88 7.68
Net income 962 307 1,222 815 309 747 862 922 825 923
Depreciation 449 447 437 416 391 390 397 395 382 401
Per share, $
Per share, $ Revenue 50.92 53.30 55.84 58.92 50.98 55.25 60.47 68.51 72.76 82.72
Earnings 3.53 1.14 4.83 3.50 1.35 3.30 4.01 4.57 4.33 5.11
Cash flow 3.42 3.51 4.42 4.38 3.36 7.13 6.99 6.34 5.38 7.33
Capex (1.65) (1.59) (1.42) (1.43) (1.24) (1.66) (1.56) (1.92) (1.91) (2.09)
Free cash flow 1.77 1.93 3.01 2.96 2.12 5.47 5.43 4.42 3.47 5.24
Book value 20.59 21.20 20.75 23.85 25.58 30.41 33.42 34.98 38.25 44.02
Shares, m 271 266 250 231 229 224 213 200 188 179
Valuation, ×
Valuation, × P/E 13.95 50.26 9.44 12.71 35.80 23.39 17.52 17.60 17.75 17.06
P/S 0.97 1.08 0.82 0.76 0.95 1.40 1.16 1.17 1.05 1.05
P/B 2.39 2.70 2.22 1.87 1.89 2.54 2.10 2.30 2.00 1.98
EV/Sales 1.14 1.26 1.02 0.94 1.07 1.53 1.28 1.30 1.21 1.18
EV/FCF 32.81 34.92 18.86 18.67 25.82 15.46 14.25 20.13 25.31 18.60
Cash, $m
Cash, $m Operating cash flow 925 936 1,107 1,014 768 1,598 1,488 1,266 1,014 1,312
Capex (446) (423) (355) (330) (284) (372) (332) (384) (360) (374)
Free cash flow 479 513 752 684 484 1,226 1,156 882 654 938
Balance, $m
Balance, $m Working capital 4,256 4,369 3,988 4,077 4,978 4,910 4,366 4,027 3,357 4,219
Total debt 3,680 3,912 3,784 3,810 3,707 3,767 3,557 3,874 3,588 3,878
Net debt 2,382 2,650 2,677 2,453 1,453 1,650 1,522 1,693 2,147 1,853
Shareholders’ equity 5,574 5,647 5,192 5,518 5,845 6,815 7,113 6,987 7,204 7,875
Returns, %
Returns, % ROA 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
ROE 18.26 5.47 22.55 15.22 5.44 11.79 12.36 13.06 11.61 12.22
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Textron Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WWD Woodward, Inc. $19.6B 35.9× 38.5× +21.22% (above 0%: growing) +35.71% (above 0%: growing) −12.15% (below 0%: shrinking) 31.53% 16.66% Compare
CW Curtiss-Wright Corporation $18.6B 34.4× 48.5× +5.41% (above 0%: growing) +27.41% (above 0%: growing) +37.04% (above 0%: growing) 39.40% 19.34% Compare
FTAI FTAI Aviation Ltd. $17.0B 35.8× 33.8× +40.94% (above 0%: growing) −27.22% (below 0%: shrinking) −349.55% (below 0%: shrinking) 33.29% 20.44% Compare
TXT Textron Inc. $13.0B 14.0× 16.3× +2.99% (above 0%: growing) +5.19% (above 0%: growing) −40.57% (below 0%: shrinking) 18.13% 6.98%
BWXT BWX Technologies, Inc. $12.8B 35.8× 42.0× +18.01% (above 0%: growing) +12.79% (above 0%: growing) −8.98% (below 0%: shrinking) 22.44% 15.37% Compare
EMBJ Embraer-Empresa Brasileira de Aeronautica $12.8B 29.1× — +22.87% (above 0%: growing) +176.74% (above 0%: growing) +287.11% (above 0%: growing) 19.90% 12.79% Compare
MOG.A Moog Inc. $11.8B 31.4× 36.7× +15.16% (above 0%: growing) +153.97% (above 0%: growing) +67.52% (above 0%: growing) 31.10% 14.41% Compare
HII Huntington Ingalls Industries, Inc. $10.4B 15.4× 16.8× +10.90% (above 0%: growing) +36.53% (above 0%: growing) −120.66% (below 0%: shrinking) 12.61% 6.76% Compare
DRS Leonardo DRS, Inc. $9.5B 28.8× 37.8× +10.13% (above 0%: growing) +65.00% (above 0%: growing) +110.71% (above 0%: growing) 25.96% 11.17% Compare
Median of peers $12.8B 32.9× 37.8× +16.59% +36.12% +14.03% 28.53% 14.89%

All 82 Aerospace & Defense stocks →

TXT metrics, ten years each

Textron Inc. (TXT) key facts

  • Strength: Textron Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.8 billion, up 8.01% from fiscal 2024.
  • Strength: Net income was $923.0 million, or $5.11 per share (basic), a net margin of 6.22%.
  • Textron Inc. (TXT) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 13, 2026, TXT traded at $74.46, a market capitalization of $12.8 billion.
  • At that price the stock trades at 14.0× trailing-twelve-month earnings and 0.8× sales; its P/E is higher than 22% of its own readings over the past ten years.
  • Textron Inc. pays an annual dividend of $0.08 per share, a yield of 0.11%, with a payout ratio of 1.51%.
  • Return on equity was 12.2% and debt-to-equity 0.47.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.64 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Textron Inc. (TXT) Latest News

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stockrow.com/TXT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com