Textron (TXT)

Industrials · $14.3B market cap · SEC CIK 0000217346

Next reports on Jan 26, 2027, after the close, with analysts expecting $1.83 in earnings per share.

52-week range $71.87 to $101.57. 15% below its 52-week high and 21% above its low.

The case for TXT

• Revenue growing 8.5% year over year.
• P/E of 14.7× is lower than 95% of Industrials companies.
• Price/sales of 0.9× is lower than 92% of Industrials companies.
• Free-cash-flow yield of 6.5% is higher than 88% of Industrials companies.

The case against

• Return on equity of 12% is lower than 88% of Industrials companies.
• Weakest against its peers: net margin of 6% is thinner than 82% of Industrials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.

The financials

The financials, five years deep

Pulled from Textron's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Textron says it does

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative products and services around the world. References to “Textron,” the “Company,” “we,” “our” and “us” in this Annual Report on Form 10-K, unless otherwise indicated, refer to Textron Inc. and its consolidated subsidiaries. Through 2025, we conducted our business through six operating segments: Textron Aviation, Bell, Textron Systems, Industrial and Textron eAviation, which represent our manufacturing businesses, and Finance, which represents our captive finance business. Our segments include numerous separately incorporated subsidiaries. Effective January 4, 2026, the beginning of our 2026 fiscal year, the business activities of the Textron eAviation segment were realigned within Textron's other operating segments resulting in the elimination of the Textron eAviation…

Risk factors TXT lists in its 10-K

• Demand for our aircraft products is cyclical and lower demand adversely affects our financial results
• We have customer concentration with the U.S. Government; reduction in U.S. Government defense spending can adversely affect our results of operations and financial condition
• U.S. Government contracts can be terminated at any time and may contain other unfavorable provisions
• As a U.S. Government contractor, we are subject to procurement rules and regulations; our failure to comply with these rules and regulations could adversely affect our business
• As a U.S. Government contractor, our businesses and systems are subject to audit and review by the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA)
• Our profitability and cash flow varies depending on the mix of our government contracts and our ability to control costs
• The market for U.S. Government defense business is highly competitive, and the competitive bidding process increases pricing pressure and cost which may affect our ability to win new contracts for major government programs
• Developing new products and technologies entails significant risks and uncertainties
• We have made and may continue to make acquisitions that increase the risks of our business
• Global macroeconomic conditions could negatively impact our business
• Our business could be negatively impacted by cybersecurity threats and other disruptions
• Challenges faced by our subcontractors or suppliers could materially and adversely affect our performance
• We are subject to risks of doing business globally that could adversely impact our business
• Natural disasters or other events outside of our control have disrupted and may in the future disrupt our operations, adversely affect our results of operations and financial condition, and may not be fully covered by insurance
• If our Finance segment has difficulty collecting on its finance receivables, our financial performance could be adversely affected
• We periodically need to obtain financing and such financing may not be available to us on satisfactory terms, if at all
• Unanticipated changes in our tax rates or exposure to additional income tax liabilities could affect our profitability
• We are subject to increasing compliance risks that could adversely affect our operating results
• Certain of our products are subject to laws regulating consumer products and could be subject to repurchase or recall as a result of safety issues
• Increased regulation and stakeholder expectations related to global climate change could negatively affect our operating results
• We are subject to legal proceedings and other claims
• Intellectual property infringement claims of others and the inability to protect our intellectual property rights could harm our business and our customers
• Our success is highly dependent on our ability to hire, train and retain a qualified workforce
• The increasing costs of certain employee and retiree benefits could adversely affect our results
• Our business could be adversely affected by strikes or work stoppages and other labor issues

Filings

Other Industrials companies