TXT
| Market cap | $15.04B |
|---|---|
| Enterprise value | $18.33B |
| Revenue | $13.794B |
|---|---|
| EBITDA | $1.384B |
| Income | $931.000M |
| Revenue Q/Q | 3.67% |
| Revenue Y/Y | 7.00% |
| P/E | 18.15 |
|---|---|
| Forward P/E | 15.24 |
| EV/Sales | 1.33 |
| EV/EBITDA | 13.24 |
| EV/EBIT | 15.63 |
| PEG | 0.92 |
| Price/Sales | 1.09 |
| P/FCF | 21.15 |
| Price/Book | 2.15 |
| Book/Share | 39.89 |
| Cash/Share | 12.45 |
| FCF yield | 4.73% |
| Volume | 558.184k / 1.354M |
|---|---|
| Relative vol. | 0.41 × |
| EPS | 4.73 |
|---|---|
| EPS Q/Q | 32.00% |
| Est. EPS Q/Q | 17.44% |
| Profit margin | 6.73% |
|---|---|
| Oper. margin | 8.51% |
| Gross margin | 16.65% |
| EBIT margin | 8.50% |
| EBITDA margin | 10.03% |
| Ret. on assets | 5.62% |
|---|---|
| Ret. on equity | 13.29% |
| ROIC | 7.02% |
| ROCE | 9.76% |
| Debt/Equity | 1.41 |
|---|---|
| Net debt/EBITDA | 5.31 |
| Current ratio | 1.66 |
| Quick ratio | 0.69 |
| Volatility | 1.57% |
|---|---|
| Beta | 0.66 |
| RSI | 46.71 |
|---|
| Insider ownership | N/A |
|---|---|
| Inst. ownership | N/A |
| Shares outst. | 190.699M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.26% |
| Short ratio | 3.00 |
| Dividend | $0.08 |
|---|---|
| Dividend yield | 0.09% |
| Payout ratio | 1.69% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 18 Jul 2024 |
Wednesday, 12 June 2024
|
|
| Textron Aviation expands presence in Australia to modernize facilities and increase parts in region, announces name change of Premiair Aviation Maintenance | |
Tuesday, 28 May 2024
|
|
| Milestone 400th Cessna Citation Latitude Production Rollout Emphasizes Its Leading Position in the Midsize Business Jet Market | |
Monday, 27 May 2024
|
|
| Best-Selling Cessna Citation Latitude and Flagship Citation Longitude to Offer New Advanced Avionics Features | |
Friday, 17 May 2024
|
|
| Insider Selling: Director Kathleen Bader Sells Shares of Textron Inc | |
Tuesday, 14 May 2024
|
|
| Data Communications Upgrade for Hawker 4000 Business Jets Earns STC Approval | |
Friday, 26 April 2024
|
|
| Decoding Textron Inc : A Strategic SWOT Insight | |
Sunday, 10 March 2024
|
|
| 15 Countries with the Most Special-Mission Aircraft in the World | |
Tuesday, 5 March 2024
|
|
| 15 Countries with the Most Attack Helicopters in the World | |
Sunday, 18 February 2024
|
|
| Textron Aviation’s Cessna Skycourier Chosen by Hinterland Aviation for Fleet Expansion, Revolutionizing Regional Connectivity in Australia | |
Saturday, 17 February 2024
|
|
| Cessna Grand Caravan EX Amphibian extends reach in Southeast Asia with delivery in Malaysia | |
Friday, 16 February 2024
|
|
| Top 16 Aircraft Manufacturers In The World | |
Thursday, 15 February 2024
|
|
| TRU Simulation celebrates 10 years of innovation in flight simulation | |
Saturday, 10 February 2024
|
|
| 13 Best Aerospace and Defense Stocks to Invest In | |
Thursday, 1 February 2024
|
|
| Huntington Ingalls Q4 Earnings Beat, Revenues Rise Y/Y | |
Wednesday, 24 January 2024
|
|
| With 86% ownership of the shares, Textron Inc. is heavily dominated by institutional owners | |
Monday, 22 January 2024
|
|
| Lockheed Martin, RTX To Report; Views Mixed For Defense Contractors | |
Tuesday, 2 January 2024
|
|
| Bell-Boeing Secures Contract to Aid MV-22 Osprey Aircraft Program | |
| Lockheed Wins Contract to Aid F-35 Fighter Jet Program | |
Tuesday, 26 December 2023
|
|
| 3 Aerospace-Defense Stocks to Buy as Air Traffic Steadily Grows | |
Friday, 22 December 2023
|
|
| Textron to Release Fourth Quarter Results on January 24, 2024 | |
Thursday, 21 December 2023
|
|
| Embraer Doubles Service Units to Give Prompt Assistance | |
Monday, 18 December 2023
|
|
| Reasons to Add Textron to Your Portfolio Right Now | |
| Lockheed Wins $663M Deal to Aid F-35 Fighter Jet Program | |
Monday, 11 December 2023
|
|
| Textron Aviation announces new SustainableAdvantage carbon offset program for Cessna, Beechcraft and Hawker owners | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Kathleen M Bader Director | Sale 16 May 2024 | $1,043,492 |
| E Robert Lupone EVP, General Counsel, and Secy | Option 20 Feb 2024 | $2,229,851 |
| Mark S Bamford Vice President and Corporate Controller | Option 14 Feb 2024 | $776,866 |
| Julie G Duffy EVP and CHRO | Option 14 Feb 2024 | $495,558 |
| Frank T Connor Executive Vice President and CFO | Option 14 Feb 2024 | $4,883,972 |
| Scott C Donnelly Chairman, President, and CEO | Option 14 Feb 2024 | $16,852,855 |
| R Kerry Clark Director | Sale 27 Oct 2023 | $702,410 |
| R Kerry Clark Director | Sale 22 Aug 2023 | $376,650 |
| Frank T Connor Executive Vice President and CFO | Option 21 Feb 2023 | $2,515,432 |
| Scott C Donnelly Chairman, President, and CEO | Option 21 Feb 2023 | $8,826,064 |
| Mark S Bamford Vice President and Corporate Controller | Option 1 Mar 2022 | $152,885 |
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Price target
Current $84.96
Average $44.50
Low $37
High $60
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -75.76% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.09% | Growth period | N/A |
| Last dividend date | Yield 3 years | 0.22% | Growth 3 years | +0.00% | |
| Last dividend | Yield 5 years | 0.19% | Growth 5 years | +0.00% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Scott Donnelly (58) Chairman of the Board, President, and Chief Executive Officer since 2010 | 58 | 2010 | $18,921,600 |
| Frank Connor (60) Chief Financial Officer and Executive Vice President since 2009 | 60 | 2009 | $6,683,600 |
| E. Robert Lupone (60) Executive Vice President, Chief Compliance Officer, General Counsel, and Secretary since 2012 | 60 | 2012 | $2,953,670 |
| Julie Duffy (54) Executive Vice President - Human Resources since 2017 | 54 | 2017 | $2,820,450 |
| Scott C. Donnelly (59) Chairman, Pres, and CEO | 59 | $1,916,499 | |
| Frank Thomas Connor (61) Exec. VP and CFO | 61 | $1,664,979 | |
| E. Robert Lupone (61) Exec. VP, Gen. Counsel, Sec., and Chief Compliance Officer | 61 | $1,251,942 | |
| Julie G. Duffy (55) Exec. VP of HR | 55 | $894,373 | |
| Paul Gagne (73) Lead Independent Director since 2018 | 73 | 2018 | $305,000 |
| R. Kerry Clark (68) Independent Director since 2018 | 68 | 2018 | $297,500 |
| James Ziemer (70) Independent Director since 2013 | 70 | 2013 | $280,000 |
| Ralph Heath (71) Independent Director since 2017 | 71 | 2017 | $280,000 |
| Deborah James (61) Independent Director since 2017 | 61 | 2017 | $275,000 |
| James Conway (72) Independent Director since 2011 | 72 | 2011 | $275,000 |
| Kathleen Bader (69) Independent Director since 2015 | 69 | 2015 | $275,000 |
| Maria Zuber (61) Independent Director since 2016 | 61 | 2016 | $260,000 |
| Lionel Nowell (65) Independent Director since 2020 | 65 | 2020 | |
| Eric Salander | 2016 | ||
| Shannon Hines | |||
| Ee Soon-Kiong | |||
| Stewart Holmes | |||
| Jorg Rautenstrauch | |||
| James Takats | |||
| Kimberly A. Mackenroth |
textron inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. textron is known around the world for its powerful brands such as bell helicopter, cessna, beechcraft, hawker, jacobsen, kautex, lycoming, e-z-go, greenlee, bad boy off road, textron systems, and tru simulation + training. launch your career at textron and make something textron real: www.textron.com/careers
- Industrials > Aerospace & Defense
- Textron Inc., 40 Westminster Street, Providence 02903, United States
- 401 421 2800
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -75.76% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.09% | Growth period | N/A |
| Last dividend date | Yield 3 years | 0.22% | Growth 3 years | +0.00% | |
| Last dividend | Yield 5 years | 0.19% | Growth 5 years | +0.00% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $1,466 | $2,181 | |||
| Short term investments | |||||
| Net receivables | $894 | $868 | |||
| Inventory | $4,267 | $3,914 | |||
| Total current assets | $7,304 | $7,760 | |||
| Long term investments | $582 | $585 | |||
| Property, plant & equipment | $2,451 | $2,477 | |||
| Goodwill & intangible assets | $2,288 | $2,295 | |||
| Total noncurrent assets | $9,110 | $9,096 | |||
| Total investments | $582 | $585 | |||
| Total assets | $16,414 | $16,856 | |||
| Current liabilities | |||||
| Accounts payable | $1,136 | $1,023 | |||
| Deferred revenue | |||||
| Short long term debt | $357 | $357 | |||
| Total current liabilities | $4,395 | $4,378 | |||
| Long term debt | $3,160 | $3,517 | |||
| Total noncurrent liabilities | $5,088 | $5,491 | |||
| Total debt | $3,517 | $3,874 | |||
| Total liabilities | $9,483 | $9,869 | |||
| Stockholders' equity | |||||
| Retained earnings | $6,059 | $5,862 | |||
| Other stockholder equity | -$681 | -$644 | |||
| Total stockholder equity | $6,931 | $6,987 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $2,181 | $2,035 | ||
| Short term investments | ||||
| Net receivables | $868 | $855 | ||
| Inventory | $3,914 | $3,550 | ||
| Total current assets | $7,760 | $7,401 | ||
| Long term investments | $585 | $563 | ||
| Property, plant & equipment | $2,477 | $2,523 | ||
| Goodwill & intangible assets | $2,295 | $2,283 | ||
| Total noncurrent assets | $9,096 | $8,892 | ||
| Total investments | $585 | $563 | ||
| Total assets | $16,856 | $16,293 | ||
| Current liabilities | ||||
| Accounts payable | $1,023 | $1,018 | ||
| Deferred revenue | ||||
| Short long term debt | $357 | $7 | ||
| Total current liabilities | $4,378 | $3,670 | ||
| Long term debt | $3,517 | $3,550 | ||
| Total noncurrent liabilities | $5,491 | $5,510 | ||
| Total debt | $3,874 | $3,557 | ||
| Total liabilities | $9,869 | $9,180 | ||
| Stockholders' equity | ||||
| Retained earnings | $5,862 | $5,903 | ||
| Other stockholder equity | -$644 | -$612 | ||
| Total stockholder equity | $6,987 | $7,113 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $3,135 | $3,892 | |||
| Cost of revenue | $2,614 | $3,249 | |||
| Gross profit | $521 | $643 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $316 | $328 | |||
| Total operating expenses | $264 | $394 | |||
| Operating income | $257 | $249 | |||
| Income from continuing operations | |||||
| EBIT | $257 | $248 | |||
| Income tax expense | $36 | $31 | |||
| Interest expense | $20 | $19 | |||
| Net income | |||||
| Net income | $201 | $198 | |||
| Income (for common shares) | $201 | $198 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $13,683 | $12,869 | ||
| Cost of revenue | $11,405 | $10,800 | ||
| Gross profit | $2,278 | $2,069 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1,225 | $1,186 | ||
| Total operating expenses | $1,114 | $946 | ||
| Operating income | $1,164 | $1,123 | ||
| Income from continuing operations | ||||
| EBIT | $1,163 | $1,122 | ||
| Income tax expense | $165 | $154 | ||
| Interest expense | $77 | $107 | ||
| Net income | ||||
| Net income | $921 | $861 | ||
| Income (for common shares) | $921 | $861 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $201 | $198 | |||
| Operating activities | |||||
| Depreciation | $88 | $103 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | -$7 | $549 | |||
| Investing activities | |||||
| Capital expenditures | -$63 | -$164 | |||
| Investments | -$3 | ||||
| Total cash flows from investing | -$63 | -$163 | |||
| Financing activities | |||||
| Dividends paid | -$4 | -$4 | |||
| Sale and purchase of stock | -$254 | -$276 | |||
| Net borrowings | -$365 | $345 | |||
| Total cash flows from financing | -$637 | $64 | |||
| Effect of exchange rate | -$8 | $15 | |||
| Change in cash and equivalents | -$715 | $465 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $921 | $861 | ||
| Operating activities | ||||
| Depreciation | $395 | $397 | ||
| Business acquisitions & disposals | -$1 | -$202 | ||
| Stock-based compensation | ||||
| Total cash flows from operations | $1,266 | $1,488 | ||
| Investing activities | ||||
| Capital expenditures | -$384 | -$332 | ||
| Investments | $26 | $20 | ||
| Total cash flows from investing | -$317 | -$447 | ||
| Financing activities | ||||
| Dividends paid | -$16 | -$17 | ||
| Sale and purchase of stock | -$1,095 | -$823 | ||
| Net borrowings | $304 | -$248 | ||
| Total cash flows from financing | -$813 | -$1,091 | ||
| Effect of exchange rate | $10 | -$32 | ||
| Change in cash and equivalents | $146 | -$82 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Gamma Investing |
+55.65%
|
2,106 | $180,821 |
| 2024 Q2 | Moody National Bank Trust Division |
+2.95%
|
12,746 | $1,094,372 |
| 2024 Q2 | St Germain D J Co Inc |
-27.27%
|
800 | $68,688 |
| 2024 Q2 | Capital Market Strategies |
+2.72%
|
8,056 | $691,688 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
-5.10%
|
428 | $36,748 |
| 2024 Q2 | Bank Of New Hampshire |
-2.18%
|
539 | $46,279 |
| 2024 Q2 | General Partner |
+0.95%
|
636 | $54,607 |
| 2024 Q1 | Prudential Financial Inc |
-86.86%
|
184,295 | $17,679,381 |
| 2024 Q1 | Price T Rowe Associates Inc md/ |
-22.46%
|
3,451,936 | $331,145 |
| 2024 Q1 | Panagora Asset Management Inc |
-98.82%
|
10,835 | $1,039,402 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 11.97% | 22,834,702 | |
| Blackrock | 8.56% | 16,324,371 | |
| T. Rowe Price Investment Management | 6.97% | 13,288,275 | |
| State Street Corp | 4.57% | 8,720,409 | |
| Boston Partners | 3.73% | 7,116,231 | |
| Invesco | 3.48% | 6,643,875 | |
| Victory Capital Management Inc | 3.21% | 6,124,554 | |
| Jpmorgan Chase & Co | 2.97% | 5,655,476 | |
| Primecap Management Co/ca/ | 2.83% | 5,394,200 | |
| Geode Capital Management | 2.30% | 4,388,985 |
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