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Textron Inc Stock Research

TXT

67.46USD+1.30(+1.96%)Market Closed

Market Summary

USD67.46+1.30
Market Closed
1.96%

TXT Alerts

TXT Stock Price

TXT RSI Chart

TXT Valuation

Market Cap

13.9B

Price/Earnings (Trailing)

16.15

Price/Sales (Trailing)

1.08

EV/EBITDA

9.09

Price/Free Cashflow

9.35

TXT Price/Sales (Trailing)

TXT Profitability

EBT Margin

7.89%

Return on Equity

12.1%

Return on Assets

5.28%

Free Cashflow Yield

10.7%

TXT Fundamentals

TXT Revenue

Revenue (TTM)

12.9B

Revenue Y/Y

9.45%

Revenue Q/Q

18.13%

TXT Earnings

Earnings (TTM)

861.0M

Earnings Y/Y

9.18%

Earnings Q/Q

0.44%

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

Dividend Yield

0.12%

Dividend/Share (TTM)

0.08

Buy Backs (1Y)

4.97%

Diluted EPS (TTM)

4

Peers (Alternatives to Textron)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
67.1B
-4.70% -0.09%
31.33
2.12
4.17% 34.50%
124.0B
66.0B
-1.80% 6.15%
21.64
1.88
-1.58% -9.23%
121.1B
66.6B
-8.09% 10.18%
-24.54
1.82
6.94% -17.44%
40.7B
5.6B
-5.86% 7.91%
43.68
7.22
15.29% 17.40%
13.9B
12.9B
-11.57% -7.86%
16.15
1.08
3.93% 15.42%
MID-CAP
9.7B
2.3B
-5.88% 12.02%
27.48
4.38
20.68% 11.62%
8.2B
10.7B
-6.17% 3.09%
14.14
0.77
12.10% 6.43%
5.8B
2.2B
3.07% 18.01%
24.15
2.58
5.12% -22.13%
2.4B
5.0B
-19.30% -32.03%
-5.96
0.54
27.24% -0.91%
2.3B
487.1M
0.14% 22.53%
-294.59
4.74
8.46% -5840.15%
SMALL-CAP
1.6B
1.8B
-2.80% 15.55%
17.55
0.87
6.02% 23.12%
728.6M
1.4B
-15.32% -55.76%
7.55
0.53
-10.88% 191.35%
632.3M
712.5M
-9.80% -0.19%
21.96
0.89
10.40% -78.76%
292.4M
492.8M
-12.53% -2.77%
-14.86
0.62
11.07% 41.98%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.5%12,86912,55512,46712,50412,382
  S&GA Expenses1.6%1,1861,1671,1921,2281,221
  R&D Expenses-619----
EBITDA5.0%1,3061,2441,4841,443-
EBITDA Margin2.4%0.10*0.10*0.12*0.12*-
Earnings Before Taxes1.0%1,0161,006960915873
EBT Margin-1.5%0.08*0.08*0.08*0.07*-
Interest Expenses31.0%-107-155-153-149-142
Net Income2.3%861842802768746
Net Income Margin-0.2%0.07*0.07*0.06*0.06*-
Free Cahsflow7.4%1,4881,3861,4391,658-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.1%16,29315,95615,87915,91115,827
    Cash Equivalents8.0%2,0351,8841,8412,1262,117
  Inventory-7.0%3,5503,8173,7393,6633,468
  Net PPE-0.6%2,5232,538---
  Goodwill-141----
Liabilities-0.2%9,1809,1949,0788,9949,012
Shareholder's Equity5.2%7,1136,7626,8016,9176,815
  Retained Earnings-9.1%5,9036,4926,2716,0585,870
  Additional Paid-In Capital-5.1%1,8801,9801,9531,9241,863
Accumulated Depreciation0.5%4,9724,9454,9144,888-
Shares Outstanding-1.4%206209212216217
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations7.4%1,4881,3861,4391,6581,598
  Share Based Compensation-1.4%136138---
Cashflow From Investing-2.1%-447-438-420-258-281
Cashflow From Financing8.7%-1,091-1,195-1,330-1,345-1,446
  Dividend Payments0%17.0017.0018.0018.0018.00
  Buy Backs-11.0%8679741,073987921

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 ascendingFund NameType% 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%

1–10 of 46

Latest Funds Activity

Are funds buying TXT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TXT
No. of Funds

Textron News

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InvestorPlace

Marketscreener.com

Schedule 13G FIlings of Textron

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Scott C. Donnelly
33000
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

2022-12-31
Consolidated 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 expense1,186,000,0001,221,000,0001,045,000,000
Interest expense, net107,000,000142,000,000166,000,000
Special charges025,000,000147,000,000
Non-service components of pension and postretirement income, net(240,000,000)(159,000,000)(83,000,000)
Gain on business disposition0(17,000,000)0
Total costs, expenses and other11,853,000,00011,509,000,00011,369,000,000
Income from continuing operations before income taxes1,016,000,000873,000,000282,000,000
Income tax expense (benefit)154,000,000126,000,000(27,000,000)
Income from continuing operations862,000,000747,000,000309,000,000
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 revenues52,000,00049,000,00055,000,000
Costs, expenses and other   
Income from continuing operations27,000,0007,000,0008,000,000
Product   
Costs, expenses and other   
Total cost of sales9,380,000,0008,955,000,0008,715,000,000
Product | Manufacturing group   
Revenues   
Total revenues10,945,000,00010,541,000,0009,720,000,000
Service   
Costs, expenses and other   
Total cost of sales1,420,000,0001,342,000,0001,379,000,000
Service | Manufacturing group   
Revenues   
Total revenues$ 1,872,000,000$ 1,792,000,000$ 1,876,000,000

TXT Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Jan. 01, 2022
Assets  
Inventories$ 3,550$ 3,468
Property, plant and equipment, net2,5232,538
Finance receivables, net563605
Assets16,29315,827
Liabilities  
Total liabilities9,1809,012
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)2628
Capital surplus1,8801,863
Treasury stock(84)(157)
Retained earnings5,9035,870
Accumulated other comprehensive loss(612)(789)
Total shareholders’ equity7,1136,815
Total liabilities and shareholders’ equity16,29315,827
Manufacturing group  
Assets  
Cash and equivalents1,9631,922
Accounts receivable, net855838
Inventories3,5503,468
Other current assets1,0331,018
Total current assets7,4017,246
Property, plant and equipment, net2,5232,538
Goodwill2,2832,149
Other assets3,4223,027
Assets15,62914,960
Liabilities  
Current portion of long-term debt76
Accounts payable1,018786
Other current liabilities2,6452,344
Total current liabilities3,6703,136
Other liabilities1,8792,005
Long-term debt3,1753,179
Debt3,1823,185
Total liabilities8,7248,320
Finance group  
Assets  
Cash and equivalents72195
Finance receivables, net563605
Other assets2967
Assets664867
Liabilities  
Other liabilities81110
Debt375582
Total liabilities$ 456$ 692