greeksoup/ stock research
Stock research / United States / TXT / FY2008

Textron (TXT) FY2008 results: revenue $14.0 billion

Textron Inc. (TXT) reported revenue of $14.0 billion for fiscal 2008, the year ended 3 January 2009. Net income was $486 million, and diluted earnings per share $1.94. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2011.

Revenue
$14.0 billion
FY2008FY2008
Operating margin
4.5%
FY2008FY2008
Net income
$486 million
FY2008FY2008
Diluted EPS
$1.94
FY2008FY2008

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2008Last 8 years
Revenue14,010
Cost of revenue10,583
Gross profit3,427
Gross margin24.5%
Selling, general and administrative1,590
Operating income629
Operating margin4.5%
Interest expense448
Pre-tax income629
Income tax305
Effective tax rate48.5%
Net income486
Net margin3.5%
Diluted EPS$1.94
$ million except per share.
Read moreFree 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.

Cash flow

$ millionFY2008Last 8 years
Operating cash flow750
Capital expenditure545
Free cash flow205
Free cash flow margin1.5%
Cash from investing63.0
Cash from financing-790
Depreciation and amortisation400
Buybacks533
Dividends paid284
Dividend per share$0.92
Shares outstanding at period end242m

Balance sheet

$ millionFY2008Last 8 years
Shareholders' equity2,366
Cash and equivalents547

10-K for the year ended 3 January 2009, filed 1 March 2011: the filing.