Textron Inc.
- Open
- 79.77
- Day high
- 79.92
- Day low
- 79.33
- Prev close
- 79.24
- Volume
- 36K
- Mkt cap
- $13.7B
- P/E (TTM)
- 15.0
- EPS (TTM)
- $5.30
- P/B
- 1.7
- P/S
- 0.9
- Yield
- 0.05%
- Per share
- $0.04
Textron Inc. (TXT) is a Industrials company listed on NYSE. The stock is up 0% over the past year. Drillr has 1 published research article covering TXT.
Textron Inc. (TXT) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
TXT earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 28, 2026 | $1.55 | $1.62 | +4.2% | $3.8B | +0.5% |
| Apr 30, 2026 | $1.30 | $1.45 | +11.3% | $3.7B | +5.8% |
| Jan 28, 2026 | $1.73 | $1.73 | -0.1% | $4.2B | +18.0% |
| Oct 23, 2025 | $1.46 | $1.55 | +6.3% | $3.6B | -2.5% |
| Jul 24, 2025 | $1.45 | $1.55 | +6.8% | $3.5B | -3.1% |
| Apr 24, 2025 | $1.14 | $1.28 | +12.2% | $3.1B | -3.4% |
| Jan 22, 2025 | $1.28 | $1.34 | +4.6% | $3.9B | +3.6% |
| Oct 24, 2024 | $1.50 | $1.40 | -6.5% | $3.3B | -4.0% |
| Jul 18, 2024 | $1.49 | $1.54 | +3.3% | $3.4B | -3.4% |
| Apr 25, 2024 | $1.24 | $1.20 | -2.8% | $3.0B | -7.7% |
| Jan 24, 2024 | $1.53 | $1.60 | +4.8% | $3.6B | -7.1% |
| Oct 26, 2023 | $1.27 | $1.49 | +17.2% | $3.1B | -10.8% |
TXT insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 7, 2026 | CLARK R KERRYdirector | Sell | 2,517 | $93.09 |
| May 1, 2026 | Kennedy Thomas Adirector | Buy | 10,300 | $95.98 |
| May 1, 2026 | Mendez Echevarria Maria Cristinadirector | Grant | 2,061 | — |
| May 1, 2026 | Ambrose Richard Fdirector | Grant | 2,061 | — |
| May 1, 2026 | NOWELL LIONEL L IIIdirector | Grant | 2,061 | — |
| May 1, 2026 | James Deborah Ldirector | Grant | 2,061 | — |
| May 1, 2026 | CLARK R KERRYdirector | Grant | 2,061 | — |
| May 1, 2026 | MIONIS ROBERTdirector | Grant | 2,061 | — |
| May 1, 2026 | Zuber Maria Tdirector | Grant | 2,061 | — |
| May 1, 2026 | Kennedy Thomas Adirector | Grant | 2,061 | — |
| May 1, 2026 | Garrett Michael Xdirector | Grant | 2,061 | — |
| Mar 3, 2026 | Atherton Lisa Mdirector, officer: President and CEO | Grant | 92,593 | $98.65 |
| Mar 3, 2026 | Atherton Lisa Mdirector, officer: President and CEO | Tax | 2,008 | $98.65 |
| Mar 3, 2026 | Atherton Lisa Mdirector, officer: President and CEO | Grant | 27,118 | — |
| Feb 18, 2026 | Bamford Mark Sofficer: VP & Corporate Controller | Option | 5,658 | $40.60 |
Source: TXT SEC Form 4 filings, latest May 7, 2026. For informational purposes only — not investment advice.
See the full TXT insider & 13F page →Textron Inc. company profile
Overview
Textron Inc. (NYSE:TXT) is a diversified aerospace and defense conglomerate founded in 1923 and headquartered in Providence, Rhode Island. Originally established as a textile company, Textron transformed into a multi-industrial corporation through decades of strategic acquisitions and divestitures. Today, the company operates across five primary business segments: Textron Aviation, Bell, Textron Systems, Industrial, and eAviation. With nearly a century of operations, Textron has evolved into a major player in the aerospace and defense industry, serving both commercial and military markets globally.
Business
Textron operates in the aerospace, defense, and industrial manufacturing sectors through five distinct business segments: Textron Aviation (approximately 40% of revenues) manufactures and services business aircraft including jets, turboprops, and piston-engine aircraft. The division produces well-known brands like Cessna business jets (Citation series), Beechcraft turboprops (King Air series), and the Cessna SkyCourier cargo aircraft. Business aviation refers to the use of private aircraft for corporate travel, cargo transport, and personal flying, serving customers who need flexible, point-to-point transportation that commercial airlines cannot provide efficiently. Bell (approximately 25% of revenues) is a leading helicopter manufacturer producing both military and commercial rotorcraft. The company manufactures traditional helicopters for various applications including emergency medical services, law enforcement, oil and gas operations, and military missions. Bell also develops advanced tiltrotor aircraft like the V-22 Osprey, which can take off and land like a helicopter but fly like an airplane, and is working on the Future Long Range Assault Aircraft (FLRAA) program for the U.S. Army. Textron Systems (approximately 9% of revenues) focuses on defense and government solutions including unmanned aircraft systems (military drones), electronic warfare systems, advanced marine craft, and specialized military vehicles. This segment serves primarily government and military customers with high-technology solutions for defense applications. Industrial (approximately 25% of revenues) manufactures specialized vehicles and fuel systems. This includes golf carts and utility vehicles under brands like E-Z-GO and Cushman, automotive fuel tank systems for major car manufacturers, and various ground support equipment. The division serves both consumer and commercial markets. eAviation (emerging segment, <1% of revenues) represents Textron's investment in electric and sustainable aviation technologies, primarily through its acquisition of Pipistrel, a Slovenian electric aircraft manufacturer. This segment focuses on developing electric and hybrid-electric aircraft for training and light transportation applications.
Revenue model
Textron generates revenue through multiple business models across its segments. The company primarily operates on a product sales model, manufacturing and selling aircraft, helicopters, defense systems, and industrial equipment to customers. Revenue recognition typically occurs upon delivery of completed products. The Aviation and Bell segments generate substantial revenue from both new product sales and aftermarket services. Aftermarket services include maintenance, repair, overhaul services, and spare parts sales, which provide higher-margin recurring revenue streams. These segments serve commercial customers (corporations, charter operators, private owners) and government/military customers through direct sales and long-term contracts. Textron Systems operates primarily on government contracts, often structured as cost-plus or fixed-price arrangements. Revenue comes from development contracts, production contracts, and ongoing support services for military and defense applications. The Industrial segment sells products through dealer networks and direct sales to original equipment manufacturers (OEMs), particularly in the automotive industry for fuel systems. Finance segment provides financing services to customers purchasing Textron aircraft and helicopters, generating revenue through interest income and fees. Several factors influence Textron's margins and profitability. Positive factors include strong demand in business aviation driven by corporate travel needs and wealthy individuals seeking private transportation, defense spending increases, and the high-margin aftermarket services business. The company benefits from its established brand recognition and extensive service networks. Negative factors include supply chain disruptions affecting production costs and delivery schedules, commodity price fluctuations for materials like aluminum and steel, intense competition in commercial markets, and cyclical downturns in business aviation demand during economic recessions. Labor costs and availability also significantly impact manufacturing efficiency and margins.
Competitive moat
Textron possesses a moderate competitive moat built primarily on brand recognition, certification barriers, and aftermarket services. In aviation, the company benefits from decades-old relationships with customers and extensive global service networks that create switching costs. Aircraft certification requirements create significant barriers to entry, as obtaining regulatory approval for new aircraft designs requires substantial time and capital investment. The Bell helicopter division has a stronger moat due to its long-standing relationships with military customers and specialized tiltrotor technology expertise. Military contracts often involve multi-year programs with high switching costs, and Bell's experience with complex rotorcraft provides competitive advantages. However, Textron faces significant competitive pressures. In business aviation, the company competes against well-established players like Gulfstream (General Dynamics), Bombardier, and Embraer, all with comparable technological capabilities and service networks. The Industrial segment operates in highly competitive markets with limited differentiation, facing pressure from both established players and new entrants. Potential disruption comes from several sources: electric aviation technology could reshape the aircraft industry, though Textron is investing in this area through eAviation; autonomous systems may reduce demand for traditional helicopters in some applications; and economic cycles significantly impact business aviation demand. The company's diversification across multiple segments provides some protection, but also means it lacks the focused specialization that creates stronger moats in individual markets. Overall, while Textron has competitive advantages, they are not insurmountable, and the company must continuously invest in innovation and customer relationships to maintain its position.
Risks & safety
Textron demonstrates solid financial stability with manageable debt levels and strong cash generation, though working capital can be volatile due to production cycles. • Liquidity and Solvency: Cash and short-term investments of $1.24 billion, current ratio of 1.66, debt-to-equity ratio of 0.51. The company maintains adequate liquidity with no immediate solvency concerns. • Cash Flow: 2024 manufacturing cash flow of $650 million, though Q1 2025 showed negative $180 million free cash flow due to working capital timing. Operating cash flow can be lumpy due to contract timing and production schedules. • Valuation Metrics: Trading at 16.1x P/E ratio, 1.83x price-to-book, and 10.9x EV/EBITDA. These metrics suggest reasonable valuation relative to historical norms and industry peers. • Other Considerations: Strong backlog positions ($7.8 billion in Aviation, $6.5 billion in Bell) provide revenue visibility. However, the company faces supply chain challenges and labor cost pressures that could impact near-term profitability.
Recent development
Over the past few years, Textron has pursued several strategic initiatives to position itself for future growth and technological advancement. The company's most significant move was the acquisition of Pipistrel in 2022, establishing its eAviation segment focused on electric aircraft technology. This acquisition filled a critical gap in sustainable aviation capabilities and provided certified electric aircraft expertise. In the Aviation segment, Textron has been expanding its product portfolio with new aircraft variants and upgrades. The company achieved certification for the Cessna SkyCourier cargo aircraft and launched Generation 3 platform upgrades for its Citation series. The development of the Citation Ascend represents a significant investment in next-generation business jets. Additionally, Textron completed the acquisition of Amazilia Aerospace to enhance its digital flight control technologies. Bell's strategic focus has centered on major military programs, particularly the Future Long Range Assault Aircraft (FLRAA) program where it was selected by the U.S. Army. The company has also been advancing its Future Attack Reconnaissance Aircraft (FARA) program and continuing development of tiltrotor technologies. These programs represent multi-billion dollar opportunities over the coming decades. The Industrial segment has undergone strategic restructuring, including a comprehensive review of its PowerSports product line and the divestiture of the Arctic Cat brand. This reflects management's focus on optimizing the portfolio and concentrating on higher-return businesses. Operational improvements have included resolving labor disputes with a new five-year IAM contract in Aviation and ongoing efforts to address supply chain challenges that have impacted production efficiency. The company has also been investing in manufacturing automation and productivity improvements across its facilities.
TXT company profile · for informational purposes only — not investment advice.
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