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Stocks / United States / TXT · Aircraft & Parts · NYSE

Textron Inc. (TXT)

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Textron Inc. (TXT) reported revenue of $3.8 billion for Q2 FY2026, the quarter ended 4 July 2026, up 3.0% on the same quarter a year earlier. Net income was $248 million, up 1.2% on the year, and diluted earnings per share $1.42. The figures are the company's own, from the 10-Q it filed with the SEC on 28 July 2026.

Revenue$3.8 billionup 3.0%
Net income$248 millionup 1.2%
Diluted EPS$1.42
QuarterQ2 FY2026ended 4 July 2026

Ratios

From the filings

ROE11.6%
ROCEn/a
Operating marginn/a
Net margin6.1%
FCF margin5.0%
Interest covern/a
Debt to equityn/a
Cash conversion1.32
Share count, 1 year-3.5%
Sales CAGR, 3 years4.8%
Profit CAGR, 3 years2.3%
EPS, TTMn/a

At the close of 21 September 2026

Price$79.41
Market cap$13.7 billion
Stock P/E15.04
Price to book1.70
EV / EBITDAn/a
Dividend yield0.1%
Market cap / sales0.89
52-week high$100.77
52-week low$79.07
Price, 1 year-5.0%
Price CAGR, 3 years0.7%
Price CAGR, 5 years2.7%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TXT

Filings20 in twelve months: 10 current reports (8-K), about 4 results of operations; 3 other events; 2 regulation fd disclosure; 2 officer or director change; 1 shareholder vote
Planned insider sales5 Form 144 notices in twelve months, $27.5 million; latest 6 May 2026
Options tapeput/call 0.41 by open interest on 23 September 2026; the straddle prices a 4.7% move to 16 October 2026
Holders6 of the followed funds hold it; largest FMR LLC; 7 Schedule 13D or 13G filings in twelve months
Insider trading9 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest7.6 million shares short, 5.41 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,3433,8923,1353,5273,4273,6133,3063,7163,6024,1753,6953,827
R&Dn/an/a144105126116132137118134120116
SG&A303328316293282265298303257315321311
Pre-tax income301230237323252131241301316279267304
Tax rate11%13%15%20%12%-8%14%19%26%15%18%18%
Net income269198201259223141207245234235220248
Net margin8%5%6%7%7%4%6%7%6%6%6%6%
Diluted EPSn/an/a$1.03n/an/an/a$1.13$1.35n/an/a$1.25$1.42
Operating cash flow258549-7.0367208446-124387349700-117304
Capital expenditure79.017866.074.071.015356.078.076.017313395.0
Free cash flow179371-73.0293137293-180309273527-250209
Buybacks235283317358215232215214206187168209
Dividends paid4.04.04.04.00.04.03.04.04.07.03.04.0
Shares outstanding196m193m191m187m186m183m181m178m176m174m174m172m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue13,87813,42313,78814,19813,97213,63011,65112,38212,86913,68313,70214,79915,299
Cost of revenue11,42110,97911,33711,82711,59411,40610,094n/an/an/an/an/an/a
Gross profit2,4572,4442,4772,4032,3782,2241,557n/an/an/an/an/an/a
Gross margin17.7%18.2%18.0%16.9%17.0%16.3%13.4%n/an/an/an/an/an/a
Research and development694778677634643647549619601570491521488
Selling, general and administrative1,3611,3041,3171,3341,2751,1521,0451,2211,1861,2251,1561,1731,204
Operating income853971n/an/an/an/an/an/an/an/an/an/an/a
Operating margin6.1%7.2%n/an/an/an/an/an/an/an/an/an/an/a
Interest expense191169174174166171166142n/an/an/an/an/a
Pre-tax income8539718767621,3849422828731,0161,0879431,1371,166
Income tax24827333.0456162127-27.0126154165118214227
Effective tax rate29.1%28.1%3.8%59.8%11.7%13.5%-9.6%14.4%15.2%15.2%12.5%18.8%19.5%
Net income6006979623071,222815309746861921824921937
Net margin4.3%5.2%7.0%2.2%8.7%6.0%2.7%6.0%6.7%6.7%6.0%6.2%6.1%
Diluted EPS$2.13$2.50$3.53$1.14$4.83n/an/a$3.30$4.01$4.56$4.33$5.11n/a
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow1,2081,0909259361,1071,0147681,5981,4881,2661,0141,3121,236
Capital expenditure429420446423369339317375354402364383477
Free cash flow7796704795137386754511,2231,134864650929759
Free cash flow margin5.6%5.0%3.5%3.6%5.3%5.0%3.9%9.9%8.8%6.3%4.7%6.3%5.0%
Depreciation and amortisation459461449447437416391390397395382401399
Share-based compensation85.063.071.077.035.052.057.013866.094.066.081.0n/a
Buybacks3402192415821,7835031839218671,1681,122822770
Dividends paid28.022.022.021.020.018.018.018.017.016.012.018.018.0
Dividend per share$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08n/a
Diluted shares, weighted282m279m272m269m253m233m229m227m215m202m190m180m175m
Shares outstanding at period end277m274m270m261m236m228m226m217m206m193m183m174m172m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets14,60514,70815,35815,34014,26415,01815,44315,82716,29316,85616,83818,12918,134
Cash and equivalents8221,0051,2981,2621,1071,3572,2542,1172,0352,1811,4412,0251,606
Inventory3,9284,1444,4644,1503,8184,0693,5133,4683,5503,9144,0714,2784,720
Operating lease liabilitiesn/an/an/an/an/a233306325326326316346350
Finance lease liabilitiesn/an/an/an/an/a40.038.0n/an/a22.0n/an/an/a
Shareholders' equity4,2724,9645,5745,6475,1925,5185,8456,8157,1136,9877,2047,8758,054
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded1.0%4.9%4.8%8.8%
Profit growth, compounded2.8%24.4%2.3%14.8%
Return on equity, average12.6%11.9%12.1%11.7%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q4 July 202628 July 2026EDGAR
10-Q4 April 202630 April 2026EDGAR
10-K3 January 202611 February 2026EDGAR
10-Q27 September 202523 October 2025EDGAR
10-Q28 June 202524 July 2025EDGAR
10-Q29 March 202524 April 2025EDGAR
10-K28 December 20246 February 2025EDGAR
10-Q28 September 202424 October 2024EDGAR
10-Q29 June 202430 July 2024EDGAR
10-Q30 March 202425 April 2024EDGAR

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