Market Summary
USD67.46+1.30
Market Closed1.96%
TXT Alerts
TXT Stock Price
TXT RSI Chart
TXT Valuation
TXT Price/Sales (Trailing)
TXT Profitability
TXT Fundamentals
TXT Revenue
TXT Earnings
Price Action
52 Week Range
57.1176.11
(Low)(High)
Last 7 days
-9.4%
Last 30 days
-11.6%
Last 90 days
-5.1%
Trailing 12 Months
-7.9%
TXT Financial Health
TXT Investor Care
Peers (Alternatives to Textron)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
RTX | 139.8B | 67.1B | -4.70% | -0.09% | 31.33 | 2.12 | 4.17% | 34.50% |
LMT | 124.0B | 66.0B | -1.80% | 6.15% | 21.64 | 1.88 | -1.58% | -9.23% |
BA | 121.1B | 66.6B | -8.09% | 10.18% | -24.54 | 1.82 | 6.94% | -17.44% |
TDG | 40.7B | 5.6B | -5.86% | 7.91% | 43.68 | 7.22 | 15.29% | 17.40% |
TXT | 13.9B | 12.9B | -11.57% | -7.86% | 16.15 | 1.08 | 3.93% | 15.42% |
| MID-CAP | ||||||||
HEI | 9.7B | 2.3B | -5.88% | 12.02% | 27.48 | 4.38 | 20.68% | 11.62% |
HII | 8.2B | 10.7B | -6.17% | 3.09% | 14.14 | 0.77 | 12.10% | 6.43% |
BWXT | 5.8B | 2.2B | 3.07% | 18.01% | 24.15 | 2.58 | 5.12% | -22.13% |
SPR | 2.4B | 5.0B | -19.30% | -32.03% | -5.96 | 0.54 | 27.24% | -0.91% |
AVAV | 2.3B | 487.1M | 0.14% | 22.53% | -294.59 | 4.74 | 8.46% | -5840.15% |
| SMALL-CAP | ||||||||
AIR | 1.6B | 1.8B | -2.80% | 15.55% | 17.55 | 0.87 | 6.02% | 23.12% |
TGI | 728.6M | 1.4B | -15.32% | -55.76% | 7.55 | 0.53 | -10.88% | 191.35% |
DCO | 632.3M | 712.5M | -9.80% | -0.19% | 21.96 | 0.89 | 10.40% | -78.76% |
ATRO | 292.4M | 492.8M | -12.53% | -2.77% | -14.86 | 0.62 | 11.07% | 41.98% |
SIF | 15.7M | 83.9M | -30.14% | -63.57% | -1.63 | 0.19 | -15.75% | -1197.44% |
Financials for Textron
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.5% | 12,869 | 12,555 | 12,467 | 12,504 | 12,382 |
| S&GA Expenses | 1.6% | 1,186 | 1,167 | 1,192 | 1,228 | 1,221 |
| R&D Expenses | - | 619 | - | - | - | - |
| EBITDA | 5.0% | 1,306 | 1,244 | 1,484 | 1,443 | - |
| EBITDA Margin | 2.4% | 0.10* | 0.10* | 0.12* | 0.12* | - |
| Earnings Before Taxes | 1.0% | 1,016 | 1,006 | 960 | 915 | 873 |
| EBT Margin | -1.5% | 0.08* | 0.08* | 0.08* | 0.07* | - |
| Interest Expenses | 31.0% | -107 | -155 | -153 | -149 | -142 |
| Net Income | 2.3% | 861 | 842 | 802 | 768 | 746 |
| Net Income Margin | -0.2% | 0.07* | 0.07* | 0.06* | 0.06* | - |
| Free Cahsflow | 7.4% | 1,488 | 1,386 | 1,439 | 1,658 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.1% | 16,293 | 15,956 | 15,879 | 15,911 | 15,827 |
| Cash Equivalents | 8.0% | 2,035 | 1,884 | 1,841 | 2,126 | 2,117 |
| Inventory | -7.0% | 3,550 | 3,817 | 3,739 | 3,663 | 3,468 |
| Net PPE | -0.6% | 2,523 | 2,538 | - | - | - |
| Goodwill | - | 141 | - | - | - | - |
| Liabilities | -0.2% | 9,180 | 9,194 | 9,078 | 8,994 | 9,012 |
| Shareholder's Equity | 5.2% | 7,113 | 6,762 | 6,801 | 6,917 | 6,815 |
| Retained Earnings | -9.1% | 5,903 | 6,492 | 6,271 | 6,058 | 5,870 |
| Additional Paid-In Capital | -5.1% | 1,880 | 1,980 | 1,953 | 1,924 | 1,863 |
| Accumulated Depreciation | 0.5% | 4,972 | 4,945 | 4,914 | 4,888 | - |
| Shares Outstanding | -1.4% | 206 | 209 | 212 | 216 | 217 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 7.4% | 1,488 | 1,386 | 1,439 | 1,658 | 1,598 |
| Share Based Compensation | -1.4% | 136 | 138 | - | - | - |
| Cashflow From Investing | -2.1% | -447 | -438 | -420 | -258 | -281 |
| Cashflow From Financing | 8.7% | -1,091 | -1,195 | -1,330 | -1,345 | -1,446 |
| Dividend Payments | 0% | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 |
| Buy Backs | -11.0% | 867 | 974 | 1,073 | 987 | 921 |
Risks for TXT
What is the probability of a big loss on TXT?
70.4%
Probability that Textron stock will be more than 20% underwater in next one year
36.5%
Probability that Textron stock will be more than 30% underwater in next one year.
20.4%
Probability that Textron stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TXT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Textron was unfortunately bought at previous high price.
Drawdowns
Returns for TXT
Cumulative Returns on TXT
8.0%
10-Year Cumulative Returns
10.0%
7-Year Cumulative Returns
2.5%
5-Year Cumulative Returns
31.6%
3-Year Cumulative Returns
What are the long-term rolling returns for TXT?
FIve years rolling returns for Textron.
Annualized Returns
Which funds bought or sold TXT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | new | - | 211,397 | 211,397 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.22 | 79,835,400 | 455,369,000 | 0.50% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -8.46 | 11,000 | 108,000 | -% |
2023-03-03 | TIAA, FSB | added | 0.54 | 62,318 | 342,318 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -23.83 | -849,197 | 10,569,800 | 0.01% |
2023-02-24 | National Pension Service | reduced | -2.07 | 4,040,330 | 27,241,800 | 0.05% |
2023-02-24 | NATIXIS | reduced | -99.58 | -2,151,100 | 10,903 | -% |
2023-02-23 | CHELSEA COUNSEL CO | new | - | 14,872 | 14,872 | 0.01% |
2023-02-22 | CVA Family Office, LLC | unchanged | - | 3,718 | 23,718 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 250,000 | 1,413,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
TXT Alerts
Textron News
Schedule 13G FIlings of Textron
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 16, 2021 | invesco ltd. | 6.0% | 13,812,175 | SC 13G | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 15.3% | 35,126,171 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.38% | 23,766,325 | SC 13G/A |
TXT Fair Value
Textron fair value in different scenarios
The table shows the Fair Value estimates for Textron for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 34.88 -48.30% | 40.62 -39.79% | 50.33 -25.39% | 59.00 -12.54% | 70.97 5.20% |
| Current Inflation | 33.35 -50.56% | 38.61 -42.77% | 47.43 -29.69% | 55.25 -18.10% | 65.83 -2.42% |
| Very High Inflation | 31.37 -53.50% | 36.03 -46.59% | 43.75 -35.15% | 50.54 -25.08% | 59.46 -11.86% |
Historical Textron Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Textron
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 06, 2023 | ARS | ARS | |
| Mar 03, 2023 | DEFA14A | DEFA14A | |
| Mar 03, 2023 | DEF 14A | DEF 14A | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for TXT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-01 | Lupone E Robert | sold (taxes) | -266,924 | 73.19 | -3,647 | evp, general counsel and secy |
2023-03-01 | DONNELLY SCOTT C | acquired | - | - | 44,583 | chairman, president & ceo |
2023-03-01 | Connor Frank T | sold (taxes) | -946,493 | 73.19 | -12,932 | executive vp and cfo |
2023-03-01 | DONNELLY SCOTT C | sold (taxes) | -3,219,190 | 73.19 | -43,984 | chairman, president & ceo |
2023-03-01 | Connor Frank T | acquired | - | - | 13,226 | executive vp and cfo |
2023-03-01 | Duffy Julie G | sold (taxes) | -187,732 | 73.19 | -2,565 | executive vp - human resources |
2023-03-01 | Bamford Mark S | sold (taxes) | -60,967 | 73.19 | -833 | vp and corporate controller |
2023-03-01 | Lupone E Robert | acquired | - | - | 5,636 | evp, general counsel and secy |
2023-03-01 | Bamford Mark S | acquired | - | - | 1,311 | vp and corporate controller |
2023-03-01 | Duffy Julie G | acquired | - | - | 4,335 | executive vp - human resources |
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's 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 company's 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 plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, and plastic tanks for catalytic reduction systems primarily to automobile original equipment manufacturers; 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 company's Finance segment provides financing services to purchase new and pre-owned aircraft and bell helicopters. It serves in the United States, Europe, Asia, Australia, and internationally. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.
TXT Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Jan. 01, 2022 | Jan. 02, 2021 | |
| Revenues | |||
| Total revenues | $ 12,869,000,000 | $ 12,382,000,000 | $ 11,651,000,000 |
| Costs, expenses and other | |||
| Selling and administrative expense | 1,186,000,000 | 1,221,000,000 | 1,045,000,000 |
| Interest expense, net | 107,000,000 | 142,000,000 | 166,000,000 |
| Special charges | 0 | 25,000,000 | 147,000,000 |
| Non-service components of pension and postretirement income, net | (240,000,000) | (159,000,000) | (83,000,000) |
| Gain on business disposition | 0 | (17,000,000) | 0 |
| Total costs, expenses and other | 11,853,000,000 | 11,509,000,000 | 11,369,000,000 |
| Income from continuing operations before income taxes | 1,016,000,000 | 873,000,000 | 282,000,000 |
| Income tax expense (benefit) | 154,000,000 | 126,000,000 | (27,000,000) |
| Income from continuing operations | 862,000,000 | 747,000,000 | 309,000,000 |
| Loss from discontinued operations | (1,000,000) | (1,000,000) | 0 |
| Net income | $ 861,000,000 | $ 746,000,000 | $ 309,000,000 |
| Basic Earnings per share | |||
| Continuing operations (in dollars per share) | $ 4.05 | $ 3.33 | $ 1.35 |
| Diluted Earnings per share | |||
| Continuing operations (in dollars per share) | $ 4.01 | $ 3.30 | $ 1.35 |
| Manufacturing group | |||
| Costs, expenses and other | |||
| Income from continuing operations | $ 835,000,000 | $ 740,000,000 | $ 301,000,000 |
| Finance group | |||
| Revenues | |||
| Total revenues | 52,000,000 | 49,000,000 | 55,000,000 |
| Costs, expenses and other | |||
| Income from continuing operations | 27,000,000 | 7,000,000 | 8,000,000 |
| Product | |||
| Costs, expenses and other | |||
| Total cost of sales | 9,380,000,000 | 8,955,000,000 | 8,715,000,000 |
| Product | Manufacturing group | |||
| Revenues | |||
| Total revenues | 10,945,000,000 | 10,541,000,000 | 9,720,000,000 |
| Service | |||
| Costs, expenses and other | |||
| Total cost of sales | 1,420,000,000 | 1,342,000,000 | 1,379,000,000 |
| Service | Manufacturing group | |||
| Revenues | |||
| Total revenues | $ 1,872,000,000 | $ 1,792,000,000 | $ 1,876,000,000 |
TXT Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Jan. 01, 2022 |
|---|---|---|
| Assets | ||
| Inventories | $ 3,550 | $ 3,468 |
| Property, plant and equipment, net | 2,523 | 2,538 |
| Finance receivables, net | 563 | 605 |
| Assets | 16,293 | 15,827 |
| Liabilities | ||
| Total liabilities | 9,180 | 9,012 |
| Shareholders' equity | ||
| Common stock (207.4 million and 219.2 million shares issued, respectively, and 206.2 million and 216.9 million shares outstanding, respectively) | 26 | 28 |
| Capital surplus | 1,880 | 1,863 |
| Treasury stock | (84) | (157) |
| Retained earnings | 5,903 | 5,870 |
| Accumulated other comprehensive loss | (612) | (789) |
| Total shareholders’ equity | 7,113 | 6,815 |
| Total liabilities and shareholders’ equity | 16,293 | 15,827 |
| Manufacturing group | ||
| Assets | ||
| Cash and equivalents | 1,963 | 1,922 |
| Accounts receivable, net | 855 | 838 |
| Inventories | 3,550 | 3,468 |
| Other current assets | 1,033 | 1,018 |
| Total current assets | 7,401 | 7,246 |
| Property, plant and equipment, net | 2,523 | 2,538 |
| Goodwill | 2,283 | 2,149 |
| Other assets | 3,422 | 3,027 |
| Assets | 15,629 | 14,960 |
| Liabilities | ||
| Current portion of long-term debt | 7 | 6 |
| Accounts payable | 1,018 | 786 |
| Other current liabilities | 2,645 | 2,344 |
| Total current liabilities | 3,670 | 3,136 |
| Other liabilities | 1,879 | 2,005 |
| Long-term debt | 3,175 | 3,179 |
| Debt | 3,182 | 3,185 |
| Total liabilities | 8,724 | 8,320 |
| Finance group | ||
| Assets | ||
| Cash and equivalents | 72 | 195 |
| Finance receivables, net | 563 | 605 |
| Other assets | 29 | 67 |
| Assets | 664 | 867 |
| Liabilities | ||
| Other liabilities | 81 | 110 |
| Debt | 375 | 582 |
| Total liabilities | $ 456 | $ 692 |