Textron Financial Statements From 2010 to 2024

TXT Stock  USD 96.25  0.29  0.30%   
Textron financial statements provide useful quarterly and yearly information to potential Textron investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Textron financial statements helps investors assess Textron's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Textron's valuation are summarized below:
Gross Profit
2.1 B
Profit Margin
0.0673
Market Capitalization
18.6 B
Enterprise Value Revenue
1.473
Revenue
13.7 B
There are currently one hundred twenty fundamental trend indicators for Textron that can be evaluated and compared over time across competition. All traders should double-check Textron's current fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.5 M, Interest Expense of 151.6 M or Total Revenue of 11.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 201, Price Earnings Ratio of 10.78 or Price To Sales Ratio of 0.59. Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
This module can also supplement Textron's financial leverage analysis and stock options assessment as well as various Textron Technical models . Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Textron Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets17 B16.9 B14.3 B
Slightly volatile
Short and Long Term Debt Total4.5 B3.9 B2.9 B
Slightly volatile
Other Current Liabilities1.2 B1.4 B1.3 B
Pretty Stable
Total Current Liabilities3.3 B4.4 B3.4 B
Slightly volatile
Total Stockholder Equity4.1 BB4.9 B
Slightly volatile
Property Plant And Equipment Net2.1 B2.5 B2.3 B
Slightly volatile
Net Debt1.6 B1.7 B1.6 B
Pretty Stable
Retained Earnings4.4 B5.9 B4.8 B
Slightly volatile
Cash2.3 B2.2 B1.3 B
Slightly volatile
Non Current Assets Total6.9 B8.5 B7.7 B
Slightly volatile
Non Currrent Assets Other2.9 B2.7 B3.1 B
Slightly volatile
Cash And Short Term Investments2.3 B2.2 B1.3 B
Slightly volatile
Net Receivables1.4 B1.5 BB
Slightly volatile
Common Stock Shares Outstanding238.7 M201.8 M258.3 M
Slightly volatile
Liabilities And Stockholders Equity17 B16.9 B14.3 B
Slightly volatile
Non Current Liabilities Total6.9 B5.5 B5.8 B
Pretty Stable
Inventory2.5 B3.9 B3.4 B
Slightly volatile
Other Current Assets1.1 B857 M723.4 M
Slightly volatile
Other Stockholder Equity1.8 B1.7 B1.4 B
Slightly volatile
Total Liabilities9.3 B9.9 B9.2 B
Slightly volatile
Total Current Assets7.3 B8.4 B6.4 B
Slightly volatile
Short Term Debt339.1 M357 M227.5 M
Pretty Stable
Intangible Assets756.9 M414.9 M676.2 M
Slightly volatile
Accounts Payable968.6 MBB
Pretty Stable
Property Plant And Equipment Gross8.1 B7.7 B3.8 B
Slightly volatile
Good Will2.1 B2.3 BB
Slightly volatile
Common Stock Total Equity31.1 M29.9 M30.6 M
Very volatile
Other Liabilities1.9 B1.4 B2.2 B
Slightly volatile
Other Assets4.9 B4.7 B2.5 B
Slightly volatile
Long Term Debt3.5 B3.5 B3.5 B
Pretty Stable
Property Plant Equipment2.4 B2.9 B2.5 B
Slightly volatile
Net Tangible Assets4.4 B5.6 B4.2 B
Slightly volatile
Long Term Debt Total3.7 B4.2 B3.4 B
Slightly volatile
Non Current Liabilities OtherBB2.5 B
Slightly volatile
Capital Surpluse1.7 B2.2 B1.6 B
Slightly volatile
Short and Long Term Debt339.1 M357 M1.7 B
Slightly volatile
Cash And Equivalents1.8 B2.3 B1.5 B
Slightly volatile
Net Invested Capital6.3 B10.9 B8.6 B
Slightly volatile
Net Working Capital3.3 BB4.2 B
Slightly volatile
Capital Stock22.1 M24 M28.5 M
Slightly volatile

Textron Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization394.5 M395 M393.2 M
Slightly volatile
Total Revenue11.8 B13.7 B12.3 B
Slightly volatile
Gross Profit2.1 B2.3 BB
Slightly volatile
Other Operating Expenses10.4 B12.6 B11.4 B
Slightly volatile
Operating IncomeB1.3 B973.5 M
Slightly volatile
EBIT1.2 B1.3 B6.7 B
Slightly volatile
EBITDA1.6 B1.7 B7.1 B
Slightly volatile
Cost Of Revenue8.9 B11.4 B10.3 B
Slightly volatile
Total Operating Expenses1.1 B1.2 B1.1 B
Slightly volatile
Income Before Tax735.4 M1.1 B795.6 M
Slightly volatile
Net Income517.6 M921 M634 M
Slightly volatile
Selling General Administrative1.4 B1.2 B1.7 B
Pretty Stable
Selling And Marketing Expenses1.1 B1.2 B1.1 B
Pretty Stable
Net Income Applicable To Common Shares566.5 M990.1 M645.4 M
Slightly volatile
Non Recurring87.2 M64.8 M85.8 M
Pretty Stable
Interest Income121.7 M84.6 M151.2 M
Slightly volatile
Reconciled Depreciation328.3 M395 M422 M
Slightly volatile
Non Operating Income Net Other355.2 M399.6 M435.1 M
Slightly volatile

Textron Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow664.6 M864 M679.4 M
Slightly volatile
Begin Period Cash Flow2.1 BB1.3 B
Slightly volatile
Depreciation421 M395 M402.7 M
Slightly volatile
Capital Expenditures351.2 M402 M387.5 M
Pretty Stable
Total Cash From Operating Activities1.1 B1.3 B1.1 B
Slightly volatile
Net Income589.4 M922 M633.1 M
Slightly volatile
End Period Cash Flow2.3 B2.2 B1.4 B
Slightly volatile
Cash Flows Other Operating683.4 M893.5 M637.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios201192201
Slightly volatile
Price Earnings Ratio10.7815.7520.3265
Slightly volatile
Price To Sales Ratio0.591.051.1676
Very volatile
Dividend Yield0.00120.00130.0024
Slightly volatile
Operating Cycle305166178
Pretty Stable
Price Book Value Ratio1.741.912.3462
Slightly volatile
Days Of Payables Outstanding42.9939.5732.1815
Pretty Stable
Operating Cash Flow Per Share6.626.36.3016
Slightly volatile
Dividend Payout Ratio0.02160.02270.0457
Slightly volatile
Price To Operating Cash Flows Ratio6.969.19.7786
Pretty Stable
Free Cash Flow Per Share5.044.84.7328
Slightly volatile
Price To Free Cash Flows Ratio9.7411.9413.3725
Pretty Stable
Pretax Profit Margin0.06930.09080.069
Slightly volatile
Inventory Turnover4.053.53.174
Very volatile
Ebt Per Ebit0.721.040.7949
Slightly volatile
Payables Turnover7.869.5511.7108
Pretty Stable
Operating Profit Margin0.140.10.0983
Pretty Stable
Company Equity Multiplier4.972.633.0385
Slightly volatile
Long Term Debt To Capitalization0.620.350.3775
Pretty Stable
Cash Per Share8.728.37.3879
Slightly volatile
Total Debt To Capitalization0.640.360.3828
Pretty Stable
Interest Coverage9.929.457.2844
Slightly volatile
Return On Capital Employed0.110.10.0884
Very volatile
Payout Ratio0.02160.02270.0457
Slightly volatile
Debt Equity Ratio0.490.510.6826
Slightly volatile
Ebit Per Revenue0.140.10.0983
Pretty Stable
Quick Ratio0.840.880.9621
Slightly volatile
Net Income Per E B T0.510.760.8162
Very volatile
Cash Ratio0.390.620.5106
Slightly volatile
Cash Conversion Cycle120126136
Slightly volatile
Operating Cash Flow Sales Ratio0.10.130.1212
Very volatile
Days Of Inventory Outstanding83.4108117
Very volatile
Days Of Sales Outstanding26.4927.8945.8774
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.460.690.7174
Pretty Stable
Cash Flow Coverage Ratios0.440.420.4522
Slightly volatile
Price To Book Ratio1.741.912.3462
Slightly volatile
Current Ratio4.032.322.5205
Very volatile
Fixed Asset Turnover6.565.875.3056
Very volatile
Price Cash Flow Ratio6.969.19.7786
Pretty Stable
Enterprise Value Multiple5.529.6410.4538
Very volatile
Debt Ratio0.420.220.2306
Very volatile
Cash Flow To Debt Ratio0.440.420.4522
Slightly volatile
Price Sales Ratio0.591.051.1676
Very volatile
Return On Assets0.02570.04760.0433
Slightly volatile
Receivables Turnover14.2213.5513.5356
Slightly volatile
Asset Turnover0.580.710.7539
Very volatile
Net Profit Margin0.03410.06020.0558
Pretty Stable
Gross Profit Margin0.290.180.189
Very volatile
Price Fair Value1.741.912.3462
Slightly volatile
Return On Equity0.0960.110.114
Pretty Stable

Textron Fundamental Market Drivers

Forward Price Earnings15.361
Cash And Short Term Investments2.2 B

Textron Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Textron Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Textron income statement, its balance sheet, and the statement of cash flows. Textron investors use historical funamental indicators, such as Textron's revenue or net income, to determine how well the company is positioned to perform in the future. Although Textron investors may use each financial statement separately, they are all related. The changes in Textron's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Textron's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Textron Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Textron. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.6 B1.7 B
Total Revenue13.7 B11.8 B
Cost Of Revenue11.4 B8.9 B
Ebit Per Revenue 0.10  0.14 

Currently Active Assets on Macroaxis

When determining whether Textron is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Textron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:
Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.
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Is Textron's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Textron. If investors know Textron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Textron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.08
Earnings Share
4.57
Revenue Per Share
68.511
Quarterly Revenue Growth
0.07
The market value of Textron is measured differently than its book value, which is the value of Textron that is recorded on the company's balance sheet. Investors also form their own opinion of Textron's value that differs from its market value or its book value, called intrinsic value, which is Textron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Textron's market value can be influenced by many factors that don't directly affect Textron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Textron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.