TXT

MKT CAP:$15B

Textron Inc.

Market Cap

$15B

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Industrials·Aerospace·🇺🇸·NYSE

Stock Price

$87.96+$0.91 (+1.05%)

Apr 24, 2026

Company Details

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defen...

CEO

Lisa Atherton

IPO Date

Dec 22, 1947

Website

www.textron.com

Key Metrics TTM

Revenue

$13.5B

-4.6% YoY

Net Income

$906M

EPS (Diluted)

$4.70

Free Cash Flow

$613M

Revenue / Share

$75.61

Gross Margin

17.9%

Operating Margin

7.9%

Net Margin

6.7%

FCF Margin

4.6%

P/S

1.1x

P/E

16.9x

Earnings Reports

Q3 2025

Apr 30, 2026

PENDING

Q2 2025

Jul 24, 2025

$3.7BEPS $1.35

Q1 2025

Apr 24, 2025

$3.3BEPS $1.13

FY 2023

Feb 12, 2024

$13.7BEPS $4.56

Q2 2023

Jul 27, 2023

$3.4BEPS $1.30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 16	$3.8B	$699M	$344M
Q2 17	$3.6B	$608M	$265M
Q3 17	$3.5B	$600M	$265M
Q4 17	$4.0B	$673M	$323M
Q1 18	$3.3B	$567M	$240M
Q2 18	$3.7B	$653M	$283M
Q3 22	$3.1B	$494M	$228M
Q1 23	$3.0B	$493M	$247M
Q2 23	$3.4B	$578M	$348M
Q1 25	$3.3B	$634M	$204M
Q2 25	$3.7B	$709M	$269M

Valuation

Quarter	P/S	P/E
Q4 16	—	—
Q2 17	—	—
Q3 17	—	—
Q4 17	1.0x	36.4x
Q1 18	1.1x	38.7x
Q2 18	1.1x	32.8x
Q3 22	1.1x	28.7x
Q1 23	1.2x	18.4x
Q2 23	1.2x	16.9x
Q1 25	1.2x	17.3x
Q2 25	1.1x	16.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 16	$869M	$729M
Q2 17	$460M	$375M
Q3 17	$97M	-$18M
Q4 17	$595M	$448M
Q1 18	-$85M	-$162M
Q2 18	$482M	$400M
Q3 22	$401M	$325M
Q1 23	$241M	$193M
Q2 23	$372M	$306M
Q1 25	-$124M	-$180M
Q2 25	$368M	$294M

Capital Expenditures

Quarter	CapEx
Q4 16	$140M
Q2 17	$85M
Q3 17	$115M
Q4 17	$147M
Q1 18	$77M
Q2 18	$82M
Q3 22	$76M
Q1 23	$48M
Q2 23	$66M
Q1 25	$56M
Q2 25	$74M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 18	-13.8%	-12.2%
Q2 18	+3.4%	+3.1%
Q3 22	-11.7%	-11.5%
Q1 23	-24.7%	-24.8%
Q2 23	+3.9%	+0.7%
Q1 25	-11.3%	-9.9%
Q2 25	+20.7%	+20.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 16	$0	0.0%
Q2 17	$0	0.0%
Q3 17	$0	0.0%
Q4 17	$0	0.0%
Q1 18	$0	0.0%
Q2 18	$0	0.0%
Q3 22	$0	—
Q1 23	$0	—
Q2 23	$0	—
Q1 25	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	SG&A
Q4 16	—	—	$355M
Q2 17	—	—	$343M
Q3 17	—	—	$335M
Q4 17	—	—	$350M
Q1 18	—	—	$327M
Q2 18	—	—	$370M
Q3 22	—	—	$266M
Q1 23	—	$246M	—
Q2 23	—	$230M	—
Q1 25	$132M	—	$298M
Q2 25	$137M	—	$303M

Revenue Segments

Quarter	Bell	Industrial	Textron Aviation	Textron Systems
Q4 16	$887M	$952M	$1.4B	$532M
Q2 17	$825M	$1.1B	$1.2B	$477M
Q3 17	$812M	$1.0B	$1.2B	$458M
Q1 18	$752M	$1.1B	$1.0B	$387M
Q2 18	$831M	$1.2B	$1.3B	$380M
Q1 25	$983M	$792M	$1.2B	$296M
Q2 25	$1.0B	$839M	$1.5B	$321M

Revenue by Geography

Quarter	Europe	International	United States
Q1 25	$321M	$707M	$2.3B
Q2 25	$344M	$717M	$2.7B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$2.1B	$0	$2.1B
Q2 22	$1.8B	$0	$1.8B
Q3 22	$1.9B	$0	$1.9B
Q4 22	$2.0B	$0	$2.0B
Q1 23	$1.8B	$0	$1.8B
Q2 23	$1.8B	$0	$1.8B
Q3 23	$1.7B	$0	$1.7B
Q4 23	$2.2B	$0	$2.2B
Q1 24	$1.5B	$0	$1.5B
Q2 24	$1.4B	$0	$1.4B
Q3 24	$1.3B	$0	$1.3B
Q4 24	$1.4B	$0	$1.4B
Q1 25	$1.2B	$0	$1.2B
Q2 25	$1.4B	$0	$1.4B
Q3 25	$1.5B	$0	$1.5B
Q4 25	$2.0B	$0	$2.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 16	273M	—	—
Q2 17	269M	-1.4%	—
Q3 17	267M	-0.9%	—
Q4 17	263M	-1.4%	—
Q1 18	264M	+0.1%	-3.5%
Q2 18	257M	-2.5%	-4.5%
Q3 22	213M	-17.1%	-20.2%
Q1 23	207M	-2.9%	-21.4%
Q2 23	203M	-2.2%	-23.2%
Q1 25	184M	-9.3%	-28.6%
Q2 25	178M	-3.0%	-16.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 16	$106.3K	36K
Q2 17	$100.1K	36K
Q3 17	$96.8K	36K
Q4 17	$108.6K	37K
Q1 18	$89.1K	37K
Q2 18	$100.7K	37K
Q3 22	$93.3K	33K
Q1 23	$88.9K	34K
Q2 23	$100.7K	34K
Q1 25	$97.2K	34K
Q2 25	$109.3K	34K

Revenue / Employee